Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0025%/8h= +2.7% APRpaid last 24h +0.012%

Price spread now: QFEX against SunX−0.016%7-day average −0.019% · you buy dearer than you sell

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

Long on SunX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.020%+$2 on $10k

Price spread, last 4 days (all we have)+0.001%$0 · spread now −0.016%, 7d avg −0.019%

Together, before fees+0.020%+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX MRVL-USDT	256.50	0	get 0.0000% / 8h	3h 25m	$1K	$6.0M	10x
Short	QFEX MRVL-USD	256.46	0.0025	get 0.0003% / 1h	25m 46s	$1.1M	$3.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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

Position, each leg$Hold fordaysFee SunXbpFee QFEXbpOrdersPrice spread, now −0.016%Rate

Funding earned: $5.16
Price spread: −0.016% → −0.019%: $0.29
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$12.55
Costs to cover: 0.180%
Break-even: 24.0 days

Slippage unknown: SunX: live order book, 3 min ago; QFEX: live order book, 2 min ago. 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 SunX live order book, 3 min ago	44.89 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 2 min ago	1.56 bp	6.6 bp −$7	7.6 bp −$76	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	−0.0061%	8h	256.46	−0.016%	$5.4M	$16.3M	20x	as long as short
BloFin MRVL-USDT	−0.0015%	8h	256.82	+0.125%	$369K	$173K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.61	+0.043%	$301K	$338K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.45	−0.021%	$46K	$343K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.47	−0.012%	$23.6M	$109.3M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.31	−0.074%	$5.1M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.37	−0.051%	$6.8M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.51	+0.004%	$5.4M	$8.2M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.46	−0.017%	$712K	$632K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	257.16	+0.258%	$612	$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-USDTlong	0.0000%	8h	256.50	long leg	$1K	$6.0M	10x
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	256.41	−0.035%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	257.10	+0.234%	$130K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	256.82	+0.124%	$659	$49K	10x	as long as short
QFEX MRVL-USDshort	+0.0025%	1h	256.46	−0.016%	$1.1M	$3.6M	10x
Lighter MRVL	+0.0032%	1h	256.33	−0.066%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.71	+0.082%	$25K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.93	+0.168%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.25	−0.097%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.31	−0.074%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	256.50	0.000%	$164	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	257.11	+0.238%	$551K	$755K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0050%	8h	256.36	−0.056%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0086%	1h	256.42	−0.029%	$87K	$272K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	256.28	−0.086%	$323K	$635K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	257.08	+0.226%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.57	+0.027%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.52	+0.009%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0112%	8h	256.71	+0.082%	$508K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	257.24	+0.288%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.008%	$11K	$734	12x	as long as short
edgeX MRVLUSDC	+0.0879%	4h	257.09	+0.230%	$36K	$371K	10x	as long as short