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: HTX against OKX−0.269%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

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

costs, in and out, $10k−$350.347% of the position

Long on OKX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.034%−$3 on $10k

Price spread, last 4 days (all we have)+0.232%+$23 · spread now −0.269%, 7d avg −0.016%

Together, before fees+0.199%+$20 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: HTX is 0.253% cheaper against OKX than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX MRVL-USDT-SWAP	256.15	0	get 0.0000% / 8h	2h 10m	$6.8M	$23.7M	50x
Short	HTX MRVL-USDT	255.46	0	get 0.0000% / 8h	2h 10m	$131K	$47K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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 OKXbpFee HTXbpOrdersPrice spread, now −0.269%Rate

Funding earned: $0
Price spread: −0.269% → −0.016%: −$25.33
Slippage, 4 orders: −$12.72
Fee OKX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$60.05
Costs to cover: 0.347%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; HTX: live order book, 36 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 OKX live order book, 3 min ago	0.39 bp	7.8 bp −$8	18.8 bp −$188	doesn't fit	doesn't fit
Sell HTX live order book, 36 min ago	2.93 bp	8.9 bp −$9	12.1 bp −$121	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	−0.0853%	8h	256.31	+0.062%	$5.6M	$16.9M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.16	+0.005%	$302K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.14	−0.004%	$46K	$270K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.27	+0.047%	$23.7M	$112.3M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.13	−0.008%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAPlong	0.0000%	8h	256.15	long leg	$6.8M	$23.7M	50x
Gate MRVL_USDT	0.0000%	8h	256.17	+0.008%	$5.2M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.20	+0.020%	$711K	$485K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	254.92	−0.480%	$645	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	256.34	+0.074%	$1K	$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
HTX MRVL-USDTshort	0.0000%	8h	255.46	−0.269%	$131K	$47K	50x
Aftermath Perps MRVLUSD	+0.0018%	1h	255.20	−0.372%	$592	$48K	10x	as long as short
BloFin MRVL-USDT	+0.0018%	8h	256.30	+0.059%	$364K	$182K	50x	as long as short
QFEX MRVL-USD	+0.0030%	1h	256.21	+0.023%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.22	+0.027%	$89K	$202K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.49	−0.258%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.31	+0.062%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.08	−0.027%	$14.1M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.90	−0.098%	$102K	$80K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.83	−0.125%	$565K	$753K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0054%	8h	256.17	+0.009%	—	—	5x	as long as short
SoDEX MRVL-USD	+0.0089%	1h	256.02	−0.051%	$169	$15K	10x	as long as short
Nado MRVL-PERP	+0.0094%	1h	255.89	−0.101%	$87K	$272K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	253.60	−0.996%	$318K	$634K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.42	−0.285%	$4K	$139K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.29	+0.055%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.29	+0.056%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0107%	8h	256.15	0.000%	$506K	$64K	20x	as long as short
Phoenix MRVL	+0.0157%	1h	255.58	−0.223%	$11K	$12K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0218%	1h	256.29	+0.055%	$22K	$144K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+0.972%	$11K	$735	12x	as long as short
edgeX MRVLUSDC	+0.0971%	4h	255.61	−0.213%	$36K	$372K	10x	as long as short