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: Gate against HTX+0.015%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$450.447% of the position

Long on HTX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.245%−$24 on $10k

Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.015%, 7d avg +0.038%

Together, before fees−0.326%−$33 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: Gate is 0.023% cheaper against HTX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX MRVL-USDT	260.58	0	get 0.0000% / 8h	5h 36m	$131K	$42K	50x
Short	Gate MRVL_USDT	260.62	0	get 0.0000% / 8h	5h 36m	$5.6M	$8.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.015%Rate

Funding earned: $0
Price spread: +0.015% → +0.038%: −$2.29
Slippage, 4 orders: −$17.74
Fee HTX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$47.04
Costs to cover: 0.447%
Break-even: never at this rate

Slippage from HTX: live order book, 24 min ago; Gate: live order book, 2 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, 24 min ago	2.50 bp	8.5 bp −$8	16.2 bp −$162	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	1.53 bp	15.2 bp −$15	31.8 bp −$318	44.1 bp −$4,414	78.6 bp −$39.3K

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	−0.0018%	8h	260.54	−0.015%	$377K	$170K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	260.45	−0.051%	$313K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.48	−0.038%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.49	−0.035%	$7.0M	$22.2M	50x	as long as short
Gate MRVL_USDTshort	0.0000%	8h	260.62	+0.015%	$5.6M	$8.4M	50x
Bitget MRVLUSDT	0.0000%	8h	260.55	−0.012%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.39	−0.071%	$717K	$654K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.61	+0.012%	$855	$188K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.62	+0.015%	$1K	$6.2M	10x	as long as short
HTX MRVL-USDTlong	0.0000%	8h	260.58	long leg	$131K	$42K	50x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0015%	1h	260.33	−0.096%	$884	$50K	10x	as long as short
QFEX MRVL-USD	+0.0026%	1h	260.56	−0.008%	$1.1M	$3.7M	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.56	−0.008%	$95K	$203K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0032%	1h	259.84	−0.284%	$334K	$630K	10x	as long as short
Extended MRVL-USD	+0.0040%	1h	260.49	−0.035%	$51K	$353K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.22	−0.138%	$25K	$26K	5x	as long as short
Binance MRVLUSDT	+0.0041%	8h	260.59	+0.004%	$24.2M	$107.9M	50x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.88	+0.115%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.39	−0.073%	$14.5M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.43	−0.058%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.57	−0.004%	$141	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.32	−0.100%	$576K	$679K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	260.41	−0.065%	—	—	5x	as long as short
edgeX MRVLUSDC	+0.0065%	4h	260.39	−0.072%	$37K	$370K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.56	−0.008%	$515K	$62K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.52	−0.023%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.53	−0.019%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.50	−0.032%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0143%	1h	260.37	−0.080%	$89K	$273K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0211%	1h	260.45	−0.050%	$23K	$143K	10x	as long as short
Phoenix MRVL	+0.0215%	1h	260.58	0.000%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.39	+1.078%	$11K	$693	12x	as long as short