Funding arb · Price arb / RWA

MRVL

RWAAll MRVL markets →

LONGOndo Perps▾edgeX −0.0829%Coinbase International −0.0144%Nado −0.0044%Aster 0.0000%Extended 0.0000%Binance 0.0000%Bybit 0.0000%OKX 0.0000%Gate 0.0000%KuCoin 0.0000%Variational Omni 0.0000%GRVT 0.0000%SunX 0.0000%Deribit 0.0000%HTX 0.0000%BloFin +0.0005%QFEX +0.0023%Lighter +0.0032%Aftermath Perps +0.0033%Injective +0.0033%Arcus +0.0038%tradeXYZ +0.0050%Polymarket Perps +0.0050%SoDEX +0.0050%Paradex +0.0050%Ondo Perps +0.0050%Vest Markets +0.0055%Avantis +0.0068%Phoenix +0.0089%ApeX Omni +0.0100%Orderly +0.0100%Aevo +0.0104%Bitget +0.0838%

⇄⇅

SHORTBingX▾Bitget +0.0838%BingX +0.0763%Aevo +0.0104%ApeX Omni +0.0100%Orderly +0.0100%Phoenix +0.0089%Vest Markets +0.0055%Paradex +0.0050%tradeXYZ +0.0050%Polymarket Perps +0.0050%SoDEX +0.0050%Arcus +0.0038%Injective +0.0033%Aftermath Perps +0.0033%Lighter +0.0032%Avantis −0.0032%QFEX +0.0023%BloFin +0.0005%Aster 0.0000%Extended 0.0000%Binance 0.0000%Bybit 0.0000%OKX 0.0000%Gate 0.0000%KuCoin 0.0000%Variational Omni 0.0000%GRVT 0.0000%SunX 0.0000%Deribit 0.0000%HTX 0.0000%Nado −0.0044%Coinbase International −0.0144%edgeX −0.0829%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Ondo PerpsMRVL-USD.P2	270.26	+0.0050	pay 0.0006% / 1h	31m 28s	$406K	$609K	10x	Long Ondo Perps5% off
SHORT	BingXNCSKMRVL2USD-USDT	271.15	+0.0763	get 0.0763% / 8h	2h 31m	$939K	$2.9M	—	Short BingX

Price gap+0.329%

Funding gap+0.0713% /8h

Both sides work: funding pays +$21 a day on $10k, and the gap is 0.231% above its 7d average: +$23 more if it goes back.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.006% in total, about +0.0003%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.329%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

Ondo PerpsBingX

MRVL on 34 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

• ✓
  OK: Fits both order books5.0 / 6.4 bp

  Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
• i
  Note: Margin at max leverage$1,000 + —

  Ondo Perps 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• !
  Watch: Payment intervals differ1h / 8h

  Payments land at different times. Close right after the slower leg pays.

  Long Ondo Perps · 1h−$1.51

  Short BingX · 8h+$22.89

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: +$21.38Long Ondo Perps: 24 payments, −$1.51; short BingX: 3 payments, +$22.89.
• ✓
  OK: Entry gap works for you+0.329% vs +0.098%

  You short the dearer leg. If the gap goes back to average, the short gains.
• !
  Watch: Long leg is thinner$406K vs $939K OI

  Ondo Perps sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legOndo Perps points

  Volume here counts toward the points program.
• !
  Watch: KYCOndo Perps No · BingX Yes

  Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned+0.0003%/8h × 21 periods+$0.57

Price spread+0.329% → +0.098% (7d avg)+$23.13

Slippage, 4 orderslive order books−$6.53

Fee Ondo Perps bp × 2 orders−$5.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k+$2.17

Costs to cover0.215%Break-evenfrom the start

Slippage: Ondo Perps: live order book, 33 min ago; BingX: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGOndo Perps2.055.0 bp−$56.6 bp−$66doesn’t fitdoesn’t fit

SELL · SHORTBingX0.196.4 bp−$610.3 bp−$10337.7 bp−$3,773129.4 bp−$64.7K

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

MRVL news

posts that mention MRVL or Marvell Technology, from every exchangeSearch all news →

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