Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.014%

Price spread now: tradeXYZ against HTX+0.039%7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$400.397% of the position

Long on HTX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.109%+$11 on $10k

Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.039%, 7d avg −0.032%

Together, before fees+0.145%+ Points / potential airdroptradeXYZ: Active · farm board+$15 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 tradeXYZ is 0.071% dearer against HTX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX MRVL-USDT	255.91	0	get 0.0000% / 8h	3h 14m	$129K	$42K	50x
Short	tradeXYZ xyz:MRVL	256.01	0.0050	get 0.0006% / 1h	14m 57s	$14.1M	$8.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.039%Rate

Funding earned: $10.5
Price spread: +0.039% → −0.032%: $7.07
Slippage, 4 orders: −$9.72
Fee HTX: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$22.15
Costs to cover: 0.397%
Break-even: 21.8 days

Slippage from HTX: live order book, 36 min ago; tradeXYZ: live order book, 3 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, 36 min ago	2.33 bp	8.6 bp −$9	17.2 bp −$172	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 3 min ago	0.78 bp	12.0 bp −$12	15.8 bp −$158	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	−0.0298%	8h	256.20	+0.113%	$5.5M	$16.4M	20x	as long as short
BloFin MRVL-USDT	−0.0022%	8h	256.02	+0.043%	$368K	$174K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.11	+0.080%	$301K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.10	+0.074%	$49K	$346K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.10	+0.074%	$23.5M	$109.8M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.97	+0.023%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.02	+0.043%	$6.8M	$22.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.17	+0.102%	$5.5M	$8.3M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.39	+0.186%	$711K	$630K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.19	+0.109%	$602	$191K	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	256.36	+0.176%	$2K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	256.29	+0.148%	$22K	$144K	10x	as long as short
HTX MRVL-USDTlong	0.0000%	8h	255.91	long leg	$129K	$42K	50x
Aftermath Perps MRVLUSD	+0.0021%	1h	256.16	+0.099%	$595	$49K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	256.37	+0.180%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.08	+0.066%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.93	+0.008%	$25K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.57	+0.258%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVLshort	+0.0050%	1h	256.01	+0.039%	$14.1M	$8.7M	10x
Polymarket Perps MRVL-USD	+0.0050%	1h	256.17	+0.102%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	256.13	+0.086%	$174	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.28	+0.145%	$549K	$753K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	256.21	+0.117%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.56	−0.137%	$322K	$633K	10x	as long as short
Nado MRVL-PERP	+0.0096%	1h	256.33	+0.165%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.36	+0.176%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.26	+0.137%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.12	+0.083%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0111%	8h	256.29	+0.148%	$507K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	256.05	+0.055%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.243%	$11K	$734	12x	as long as short
edgeX MRVLUSDC	+0.0550%	4h	256.06	+0.059%	$36K	$374K	10x	as long as short