Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.053%

Price spread now: Ondo Perps against HTX−0.016%7-day average −0.032% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.138%+$14 on $10k

Price spread, last 3 days (all we have)+0.004%$0 · spread now −0.016%, 7d avg −0.032%

Together, before fees+0.141%+ Points / potential airdropOndo Perps: Active · farm board+$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX MRVL-USDT	257.27	0	get 0.0000% / 8h	2h 00m	$130K	$81K	50x
Short	Ondo Perps MRVL-USD.P	257.23	0.0050	get 0.0006% / 1h	0m 54s	$585K	$939K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.016%Rate

Funding earned: $10.58
Price spread: −0.016% → −0.032%: $1.67
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$4.74
Costs to cover: 0.170%
Break-even: 10.1 days

Slippage unknown: HTX: live order book, 20 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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, 20 min ago	2.92 bp	9.7 bp −$10	22.3 bp −$223	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0010%	8h	257.27	0.000%	$377K	$172K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	257.26	−0.004%	$310K	$331K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	257.37	+0.040%	$44K	$190K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	257.40	+0.051%	$24.1M	$115.2M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	257.25	−0.008%	$5.1M	$4.2M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	257.30	+0.012%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	257.43	+0.062%	$5.5M	$10.0M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	257.31	+0.016%	$5.6M	$16.4M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	257.38	+0.042%	$710K	$760K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	257.34	+0.027%	$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	257.39	+0.047%	$1K	$7.0M	10x	as long as short
HTX MRVL-USDTlong	0.0000%	8h	257.27	long leg	$130K	$81K	50x
Aftermath Perps MRVLUSD	+0.0015%	1h	257.26	−0.002%	$633	$54K	10x	as long as short
Lighter MRVL	+0.0032%	1h	257.40	+0.051%	$91K	$219K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	257.05	−0.086%	$25K	$30K	5x	as long as short
QFEX MRVL-USD	+0.0043%	1h	257.36	+0.035%	$1.1M	$4.2M	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	257.56	+0.113%	—	$41K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	257.15	−0.047%	$14.5M	$9.8M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	257.37	+0.039%	$257	$14K	10x	as long as short
Ondo Perps MRVL-USD.Pshort	+0.0050%	1h	257.23	−0.016%	$585K	$939K	10x
Paradex MRVL-USD-PERP	+0.0064%	8h	257.29	+0.007%	—	—	5x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0100%	1h	257.27	0.000%	$22K	$143K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	257.25	−0.008%	$509K	$72K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	257.15	−0.047%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	257.40	+0.051%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	257.37	+0.040%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0112%	1h	257.13	−0.054%	$317K	$890K	10x	as long as short
Polymarket Perps MRVL-USD	+0.0134%	1h	257.49	+0.086%	$106K	$64K	10x	as long as short
Phoenix MRVL	+0.0156%	1h	257.24	−0.012%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	259.72	+0.952%	$11K	$609	12x	as long as short
Nado MRVL-PERP	+0.0406%	1h	257.13	−0.056%	$509K	$66K	10x	as long as short
edgeX MRVLUSDC	+0.0879%	4h	257.39	+0.047%	$36K	$369K	10x	as long as short