Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0081%/8h= +8.8% APRpaid last 24h +0.102%

Price spread now: Nado against HTX+0.051%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$650.654% of the position

Long on HTX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.485%+$48 on $10k

Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.051%, 7d avg 0.000%

Together, before fees+0.431%+ Points / potential airdropNado: Active · farm board+$43 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Nado is 0.050% dearer against HTX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX MRVL-USDT	254.59	0	get 0.0000% / 8h	2h 29m	$128K	$43K	50x
Short	Nado MRVL-PERP	254.72	0.0081	get 0.0010% / 1h	29m 52s	$87K	$272K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.051%Rate

Funding earned: $16.94
Price spread: +0.051% → 0.000%: $5.02
Slippage, 4 orders: −$46.37
Fee HTX: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$43.41
Costs to cover: 0.654%
Break-even: 24.9 days

Slippage from HTX: live order book, 16 min ago; Nado: live order book, 18 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, 16 min ago	2.93 bp	8.9 bp −$9	17.1 bp −$171	doesn't fit	doesn't fit
Sell Nado live order book, 18 min ago	8.59 bp	28.4 bp −$28	42.3 bp −$423	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
Bitget MRVLUSDT	−0.0772%	8h	254.74	+0.059%	$5.5M	$16.7M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	254.57	−0.009%	$300K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	254.56	−0.010%	$47K	$268K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	254.58	−0.005%	$23.6M	$111.3M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	254.43	−0.063%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	254.52	−0.027%	$6.8M	$23.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	254.60	+0.004%	$5.4M	$8.4M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	254.22	−0.147%	$705K	$491K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	254.19	−0.157%	$1K	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	254.68	+0.035%	$2K	$6.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	254.61	+0.008%	$22K	$144K	10x	as long as short
HTX MRVL-USDTlong	0.0000%	8h	254.59	long leg	$128K	$43K	50x
BloFin MRVL-USDT	+0.0011%	8h	254.27	−0.126%	$367K	$177K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	254.58	−0.006%	$591	$48K	10x	as long as short
QFEX MRVL-USD	+0.0030%	1h	254.69	+0.039%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	254.70	+0.043%	$88K	$201K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.25	−0.134%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	254.80	+0.082%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	254.56	−0.012%	$14.0M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	254.48	−0.043%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	254.52	−0.027%	$178	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.31	−0.110%	$559K	$750K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	254.72	+0.051%	—	—	5x	as long as short
Nado MRVL-PERPshort	+0.0081%	1h	254.72	+0.051%	$87K	$272K	10x
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	253.88	−0.279%	$318K	$635K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	254.26	−0.130%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	254.65	+0.024%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	254.62	+0.010%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0110%	8h	254.82	+0.090%	$503K	$63K	20x	as long as short
Phoenix MRVL	+0.0157%	1h	254.22	−0.145%	$11K	$12K	10x	as long as short
edgeX MRVLUSDC	+0.0200%	4h	254.28	−0.120%	$36K	$374K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+1.591%	$11K	$735	12x	as long as short