Settings8H · net · $10k
Funding arb · Price arb /

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRnext payment $0.23 per $10,000 · paid last 24h −0.003%
Price spread now: BloFin against GRVT−0.073%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$330.326% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 4 days (all we have)−0.060%−$6 · spread now −0.073%, 7d avg −0.028%
Together, before fees−0.017%+ Points / potential airdropGRVT: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.045% cheaper against GRVT than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.028%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT MRVL_USDT_Perp260.550get 0.0000% / 8h4h 17m$662$189K10x
ShortBloFin MRVL-USDT260.36−0.0023pay 0.0023% / 8h4h 17m$374K$172K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against GRVT. 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

Funding earned
−$4.76
Price spread: −0.073% → −0.028%
−$4.54
Slippage, 4 orders
−$11.63
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$41.93
Costs to cover
0.326%
Break-even
never at this rate
Slippage from GRVT: live order book, 40 min ago; BloFin: live order book, 18 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 40 min ago1.34 bp7.0 bp −$716.0 bp −$160doesn't fitdoesn't fit
Sell BloFin live order book, 18 min ago0.96 bp9.7 bp −$1014.3 bp −$143doesn't fitdoesn't fit

MRVL on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MRVL-USDTshort−0.0023%8h260.36−0.073%$374K$172K50x
Aster MRVLUSDT0.0000%8h260.35−0.077%$312K$331K50xas long as short
Extended MRVL-USD0.0000%1h260.24−0.119%$47K$345K10xas long as short
Binance MRVLUSDT0.0000%8h260.40−0.056%$24.1M$107.7M50xas long as short
Bybit MRVLUSDT0.0000%8h260.29−0.100%$5.1M$3.8M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h260.42−0.050%$7.0M$22.3M50xas long as short
Gate MRVL_USDT0.0000%8h260.35−0.077%$5.6M$8.1M50xas long as short
Bitget MRVLUSDT0.0000%8h260.43−0.046%$5.6M$16.0M20xas long as short
Variational Omni MRVL0.0000%8h260.79+0.091%$718K$635Kas long as short
GRVT MRVL_USDT_Perplong0.0000%8h260.55long leg$662$189K10x
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX MRVL-USDT0.0000%8h260.31−0.092%$1K$6.1M10xas long as short
Deribit MRVL_USDC-PERPETUAL0.0000%1h260.19−0.138%$23K$144K10xas long as short
HTX MRVL-USDT0.0000%8h260.36−0.073%$131K$42K50xas long as short
Aftermath Perps MRVLUSD+0.0020%1h260.34−0.080%$604$49K10xas long as short
Lighter MRVL+0.0032%1h260.29−0.100%$94K$200K10xas long as short
QFEX MRVL-USD+0.0038%1h260.33−0.084%$1.1M$3.6M10xas long as short
Arcus MRVL-USD+0.0040%1h260.28−0.104%$26K$26K5xas long as short
Vest MRVL-USD-PERP+0.0046%1h260.70+0.058%$49K25xas long as short
tradeXYZ xyz:MRVL+0.0050%1h260.27−0.107%$14.6M$8.4M10xas long as short
Polymarket Perps MRVL-USD+0.0050%1h260.12−0.165%$104K$79K10xas long as short
SoDEX MRVL-USD+0.0050%1h260.29−0.100%$115$15K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h260.26−0.111%$576K$679K10xas long as short
Paradex MRVL-USD-PERP+0.0055%8h260.26−0.113%5xas long as short
Coinbase International MRVL-PERP-INTX+0.0064%1h259.84−0.273%$334K$628K10xas long as short
KuCoin MRVLUSDTM+0.0100%8h260.45−0.038%$514K$60K20xas long as short
ApeX Omni MRVLUSDT+0.0100%1h260.56+0.004%$4K$141K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h260.30−0.096%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h260.25−0.114%$1810xas long as short
Nado MRVL-PERP+0.0127%1h260.24−0.119%$89K$272K10xas long as short
Phoenix MRVL+0.0153%1h260.75+0.077%$11K$12K10xas long as short
Injective MRVL/USDC PERP+0.0220%1h263.30+1.055%$11K$70512xas long as short
edgeX MRVLUSDC+0.0680%4h260.48−0.026%$37K$372K10xas long as short