Settings8H · net · $10k
Funding arb · Price arb /

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.10 per $10,000 · paid last 24h +0.034%
Price spread now: BloFin against SunX−0.047%7-day average −0.012% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.091%+$9 on $10k
Price spread, last 3 days (all we have)+0.047%+$5 · spread now −0.047%, 7d avg −0.012%
Together, before fees+0.137%+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and BloFin is 0.035% cheaper against SunX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.012%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.091%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX MRVL-USDT257.390get 0.0000% / 8h2h 01m$1K$7.0M10x
ShortBloFin MRVL-USDT257.27−0.0010pay 0.0010% / 8h2h 01m$377K$172K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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

Funding earned
−$2.02
Price spread: −0.047% → −0.012%
−$3.45
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$25.48
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 8 min ago; BloFin: live order book, 19 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 8 min ago45.07 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 19 min ago1.17 bp10.2 bp −$1017.4 bp −$174doesn't fitdoesn't fit

MRVL on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MRVL-USDTshort−0.0010%8h257.27−0.047%$377K$172K50x
Aster MRVLUSDT0.0000%8h257.26−0.052%$310K$331K50xas long as short
Extended MRVL-USD0.0000%1h257.37−0.007%$44K$190K10xas long as short
Binance MRVLUSDT0.0000%8h257.40+0.004%$24.1M$115.2M50xas long as short
Bybit MRVLUSDT0.0000%8h257.25−0.054%$5.1M$4.2M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h257.30−0.035%$7.1M$22.6M50xas long as short
Gate MRVL_USDT0.0000%8h257.43+0.016%$5.5M$10.0M50xas long as short
Bitget MRVLUSDT0.0000%8h257.31−0.031%$5.6M$16.4M20xas long as short
Variational Omni MRVL0.0000%8h257.38−0.004%$710K$760Kas long as short
GRVT MRVL_USDT_Perp0.0000%8h257.34−0.019%$394$249K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX MRVL-USDTlong0.0000%8h257.39long leg$1K$7.0M10x
HTX MRVL-USDT0.0000%8h257.27−0.047%$130K$81K50xas long as short
Aftermath Perps MRVLUSD+0.0015%1h257.26−0.049%$633$54K10xas long as short
Lighter MRVL+0.0032%1h257.40+0.004%$91K$219K10xas long as short
Arcus MRVL-USD+0.0040%1h257.05−0.132%$25K$30K5xas long as short
QFEX MRVL-USD+0.0043%1h257.36−0.012%$1.1M$4.2M10xas long as short
Vest MRVL-USD-PERP+0.0046%1h257.56+0.066%$41K25xas long as short
tradeXYZ xyz:MRVL+0.0050%1h257.15−0.093%$14.5M$9.8M10xas long as short
SoDEX MRVL-USD+0.0050%1h257.37−0.008%$257$14K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h257.23−0.062%$585K$939K10xas long as short
Paradex MRVL-USD-PERP+0.0064%8h257.29−0.039%5xas long as short
Deribit MRVL_USDC-PERPETUAL+0.0100%1h257.27−0.047%$22K$143K10xas long as short
KuCoin MRVLUSDTM+0.0100%8h257.25−0.054%$509K$72K20xas long as short
ApeX Omni MRVLUSDT+0.0100%1h257.15−0.093%$4K$143K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h257.40+0.004%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h257.37−0.007%$1810xas long as short
Coinbase International MRVL-PERP-INTX+0.0112%1h257.13−0.101%$317K$890K10xas long as short
Polymarket Perps MRVL-USD+0.0134%1h257.49+0.039%$106K$64K10xas long as short
Phoenix MRVL+0.0156%1h257.24−0.058%$11K$12K10xas long as short
Injective MRVL/USDC PERP+0.0220%1h259.72+0.905%$11K$60912xas long as short
Nado MRVL-PERP+0.0406%1h257.13−0.103%$509K$66K10xas long as short
edgeX MRVLUSDC+0.0879%4h257.39+0.001%$36K$369K10xas long as short