Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against Bybit+0.070%79s7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1021.017% of the position

Long on Bybit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.200%+$20 on $10k

Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.070%, 7d avg +0.030%

Together, before fees+0.106%+$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.040% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.030%. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MRVLUSDT	255.88	0	get 0.0000% / 8h	3h 20m	$5.0M	$3.9M	50x
Short	ApeX Omni MRVLUSDT	256.06	0.0100	get 0.0013% / 1h	20m 12s	$4K	$141K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee ApeX OmnibpOrdersPrice spread, now +0.070%Rate

Funding earned: $21
Price spread: +0.070% → +0.030%: $4.05
Slippage, 4 orders: −$80.68
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$76.63
Costs to cover: 1.017%
Break-even: 32.5 days

Slippage from Bybit: live order book, 3 min ago; ApeX Omni: live order book, 31 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 3 min ago	0.98 bp	11.4 bp −$11	36.1 bp −$361	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 31 min ago	27.89 bp	41.0 bp −$41	211.6 bp −$2,116	doesn't fit	doesn't fit

MRVL on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MRVLUSDT	−0.0200%	8h	256.05	+0.066%	$5.5M	$16.3M	20x	as long as short
BloFin MRVL-USDT	−0.0026%	8h	256.22	+0.133%	$368K	$173K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.89	+0.005%	$301K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.87	−0.004%	$49K	$346K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.93	+0.020%	$23.5M	$109.6M	50x	as long as short
Bybit MRVLUSDTlong	0.0000%	8h	255.88	long leg	$5.0M	$3.9M	50x
OKX MRVL-USDT-SWAP	0.0000%	8h	255.88	0.000%	$6.8M	$22.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.96	+0.031%	$5.4M	$8.2M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.31	+0.168%	$711K	$631K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.41	+0.208%	$603	$191K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	256.17	+0.113%	$1K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.85	−0.012%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	256.37	+0.191%	$129K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0021%	1h	256.23	+0.138%	$698	$49K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	256.07	+0.074%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.86	−0.008%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.01	+0.051%	$25K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.40	+0.203%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.76	−0.047%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.83	−0.020%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.93	+0.020%	$179	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.76	−0.047%	$549K	$751K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0050%	8h	255.93	+0.018%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.85	−0.012%	$322K	$634K	10x	as long as short
Nado MRVL-PERP	+0.0093%	1h	256.03	+0.057%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDTshort	+0.0100%	1h	256.06	+0.070%	$4K	$141K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.92	+0.016%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.87	−0.002%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0106%	8h	256.16	+0.109%	$507K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	256.34	+0.180%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.255%	$11K	$734	12x	as long as short
edgeX MRVLUSDC	+0.0965%	4h	255.98	+0.039%	$36K	$372K	10x	as long as short