Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0972%/8h= −106.4% APRpaid last 24h −0.022%

Price spread now: HTX against edgeX−0.024%7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$380.380% of the position

Long on edgeX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.195%−$20 on $10k

Price spread, last 4 days (all we have)−0.146%−$15 · spread now −0.024%, 7d avg −0.032%

Together, before fees−0.341%+ Points / potential airdropedgeX: Active · farm board−$34 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: −$29 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.195% in total (about -10.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX MRVLUSDC	260.23	0.0972	pay 0.0486% / 4h	13m 03s	$37K	$373K	10x
Short	HTX MRVL-USDT	260.17	0	get 0.0000% / 8h	4h 13m	$131K	$42K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against edgeX. 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 edgeXbpFee HTXbpOrdersPrice spread, now −0.024%Rate

Funding earned: −$204.06
Price spread: −0.024% → −0.032%: $0.84
Slippage, 4 orders: −$17.03
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: −$241.25
Costs to cover: 0.380%
Break-even: never at this rate

Slippage from edgeX: live order book, 45 min ago; HTX: live order book, 43 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 edgeX live order book, 45 min ago	5.36 bp	10.2 bp −$10	14.4 bp −$144	doesn't fit	doesn't fit
Sell HTX live order book, 43 min ago	2.87 bp	8.9 bp −$9	19.0 bp −$190	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
Aster MRVLUSDT	0.0000%	8h	260.36	+0.049%	$312K	$331K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	260.27	+0.013%	$47K	$345K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	260.36	+0.048%	$24.1M	$107.7M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.23	−0.001%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.36	+0.049%	$7.0M	$22.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.34	+0.042%	$5.6M	$8.2M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.34	+0.042%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.32	+0.034%	$717K	$634K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.30	+0.026%	$635	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.39	+0.061%	$578	$6.1M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRVL-USDTshort	0.0000%	8h	260.17	−0.024%	$131K	$42K	50x
Aftermath Perps MRVLUSD	+0.0021%	1h	260.21	−0.008%	$657	$49K	10x	as long as short
BloFin MRVL-USDT	+0.0027%	8h	260.19	−0.016%	$374K	$171K	50x	as long as short
Lighter MRVL	+0.0032%	1h	260.31	+0.030%	$94K	$200K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	260.23	−0.001%	$1.1M	$3.6M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.11	−0.047%	$26K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.60	+0.142%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.22	−0.004%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.10	−0.050%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.29	+0.023%	$109	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.26	+0.011%	$575K	$679K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0054%	8h	260.21	−0.007%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	260.34	+0.042%	$334K	$626K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.47	+0.092%	$514K	$60K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.39	+0.061%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.32	+0.034%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.26	+0.012%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0124%	1h	260.15	−0.031%	$89K	$272K	10x	as long as short
Phoenix MRVL	+0.0153%	1h	260.39	+0.061%	$11K	$12K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0173%	1h	260.25	+0.007%	$23K	$144K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.30	+1.179%	$11K	$705	12x	as long as short
edgeX MRVLUSDClong	+0.0972%	4h	260.23	long leg	$37K	$373K	10x