Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against HTX+0.081%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

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

costs, in and out, $10k−$460.458% of the position

Long on HTX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 4 days (all we have)−0.025%−$2 · spread now +0.081%, 7d avg −0.004%

Together, before fees−0.021%−$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.085% dearer against HTX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX MRVL-USDT	260.79	0	get 0.0000% / 8h	4h 43m	$131K	$42K	50x
Short	Bybit MRVLUSDT	261.00	0	get 0.0000% / 8h	4h 43m	$5.1M	$3.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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 HTXbpFee BybitbpOrdersPrice spread, now +0.081%Rate

Funding earned: $0
Price spread: +0.081% → −0.004%: $8.5
Slippage, 4 orders: −$22.8
Fee HTX: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$37.31
Costs to cover: 0.458%
Break-even: never at this rate

Slippage from HTX: live order book, 12 min ago; Bybit: live order book, 4 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 HTX live order book, 12 min ago	2.87 bp	8.9 bp −$9	19.0 bp −$190	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.34 bp	15.4 bp −$15	34.4 bp −$344	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
BloFin MRVL-USDT	−0.0024%	8h	260.84	+0.019%	$376K	$172K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	261.01	+0.083%	$313K	$330K	50x	as long as short
Bybit MRVLUSDTshort	0.0000%	8h	261.00	+0.081%	$5.1M	$3.8M	50x
OKX MRVL-USDT-SWAP	0.0000%	8h	261.11	+0.123%	$7.0M	$22.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.07	+0.107%	$5.6M	$8.1M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	261.11	+0.123%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.84	+0.018%	$718K	$643K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.83	+0.014%	$595	$188K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	261.09	+0.115%	$1K	$6.1M	10x	as long as short
HTX MRVL-USDTlong	0.0000%	8h	260.79	long leg	$131K	$42K	50x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended MRVL-USD	+0.0008%	1h	261.06	+0.104%	$47K	$347K	10x	as long as short
Binance MRVLUSDT	+0.0010%	8h	261.15	+0.138%	$24.3M	$107.7M	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	260.87	+0.031%	$677	$50K	10x	as long as short
Lighter MRVL	+0.0032%	1h	261.08	+0.111%	$94K	$200K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	260.98	+0.073%	$1.1M	$3.6M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.66	−0.050%	$26K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.39	+0.230%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	261.00	+0.081%	$14.6M	$8.3M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.93	+0.054%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.99	+0.077%	$130	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.74	−0.019%	$576K	$680K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	260.83	+0.017%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	259.84	−0.364%	$334K	$629K	10x	as long as short
Nado MRVL-PERP	+0.0089%	1h	260.77	−0.007%	$89K	$272K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.07	+0.107%	$516K	$60K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	261.02	+0.088%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.98	+0.073%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.94	+0.056%	$18	—	10x	as long as short
Phoenix MRVL	+0.0153%	1h	260.92	+0.050%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.69	+1.112%	$11K	$700	12x	as long as short
edgeX MRVLUSDC	+0.0293%	4h	260.89	+0.037%	$37K	$373K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0440%	1h	261.11	+0.123%	$23K	$144K	10x	as long as short