Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0197%/8h= +21.5% APRpaid last 24h −0.078%

Price spread now: edgeX against HTX+0.041%77s7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as 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−$390.393% of the position

Long on HTX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.167%+$17 on $10k

Price spread, last 3 days (all we have)+0.129%+$13 · spread now +0.041%, 7d avg +0.033%

Together, before fees+0.295%+ Points / potential airdropedgeX: Active · farm board+$30 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 77 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	HTX MRVL-USDT	257.25	0	get 0.0000% / 8h	2h 03m	$130K	$81K	50x
Short	edgeX MRVLUSDC	257.36	0.0197	get 0.0098% / 4h	2h 03m	$36K	$367K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.041%Rate

Funding earned: $41.27
Price spread: +0.041% → +0.033%: $0.85
Slippage, 4 orders: −$18.34
Fee HTX: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $2.77
Costs to cover: 0.393%
Break-even: 6.5 days

Slippage from HTX: live order book, 17 min ago; edgeX: live order book, 19 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, 17 min ago	2.92 bp	9.7 bp −$10	22.3 bp −$223	doesn't fit	doesn't fit
Sell edgeX live order book, 19 min ago	5.44 bp	10.4 bp −$10	14.7 bp −$147	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	−0.0023%	8h	257.27	+0.008%	$376K	$172K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	257.25	−0.001%	$310K	$331K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	257.34	+0.033%	$44K	$190K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	257.38	+0.049%	$24.1M	$115.2M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	257.23	−0.008%	$5.1M	$4.2M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	257.30	+0.019%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	257.37	+0.047%	$5.5M	$10.0M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	257.31	+0.023%	$5.6M	$16.4M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	257.38	+0.050%	$710K	$760K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	257.34	+0.035%	$394	$249K	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	257.41	+0.062%	$1K	$7.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	257.26	+0.004%	$22K	$143K	10x	as long as short
HTX MRVL-USDTlong	0.0000%	8h	257.25	long leg	$130K	$81K	50x
Aftermath Perps MRVLUSD	+0.0015%	1h	257.22	−0.012%	$597	$54K	10x	as long as short
Lighter MRVL	+0.0032%	1h	257.39	+0.054%	$91K	$219K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	257.05	−0.078%	$25K	$30K	5x	as long as short
QFEX MRVL-USD	+0.0043%	1h	257.31	+0.023%	$1.1M	$4.2M	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	257.51	+0.101%	—	$41K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	257.21	−0.016%	$14.5M	$9.8M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	257.36	+0.043%	$257	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	257.19	−0.023%	$585K	$939K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0062%	8h	257.23	−0.009%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	257.18	−0.027%	$509K	$72K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	257.10	−0.058%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	257.40	+0.058%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	257.35	+0.040%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0112%	1h	257.13	−0.047%	$317K	$890K	10x	as long as short
Polymarket Perps MRVL-USD	+0.0126%	1h	257.54	+0.113%	$106K	$64K	10x	as long as short
Phoenix MRVL	+0.0156%	1h	257.24	−0.004%	$11K	$12K	10x	as long as short
edgeX MRVLUSDCshort	+0.0197%	4h	257.36	+0.041%	$36K	$367K	10x
Injective MRVL/USDC PERP	+0.0220%	1h	259.72	+0.960%	$11K	$609	12x	as long as short
Nado MRVL-PERP	+0.0408%	1h	257.15	−0.038%	$509K	$66K	10x	as long as short