Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0320%/8h= −35.0% APRpaid last 24h −0.009%

Price spread now: Bitget against tradeXYZ+0.113%7-day average +0.103% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$430.432% of the position

Long on tradeXYZ Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.043%+$4 on $10k

Price spread, last 7 days−0.017%−$2 · spread now +0.113%, 7d avg +0.103%

Together, before fees+0.026%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.103%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.043% in total (about 2.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:MRVL	255.99	0.0050	pay 0.0006% / 1h	17m 15s	$14.1M	$8.7M	10x
Short	Bitget MRVLUSDT	256.28	−0.0270	pay 0.0270% / 8h	3h 17m	$5.5M	$16.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against tradeXYZ. 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 tradeXYZbpFee BitgetbpOrdersPrice spread, now +0.113%Rate

Funding earned: −$67.2
Price spread: +0.113% → +0.103%: $1.07
Slippage, 4 orders: −$13.22
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$109.36
Costs to cover: 0.432%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 12 min ago; Bitget: live order book, 1 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 tradeXYZ live order book, 12 min ago	0.78 bp	12.2 bp −$12	15.1 bp −$151	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	1.76 bp	10.6 bp −$11	14.9 bp −$149	24.4 bp −$2,436	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 MRVLUSDTshort	−0.0270%	8h	256.28	+0.113%	$5.5M	$16.4M	20x
Aster MRVLUSDT	0.0000%	8h	256.07	+0.031%	$301K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.05	+0.022%	$49K	$346K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.23	+0.095%	$23.6M	$109.8M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.07	+0.031%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.22	+0.090%	$6.8M	$22.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.09	+0.039%	$5.5M	$8.2M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.31	+0.125%	$711K	$631K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.26	+0.104%	$602	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	256.14	+0.059%	$2K	$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-USDT	0.0000%	8h	255.91	−0.031%	$129K	$42K	50x	as long as short
BloFin MRVL-USDT	+0.0016%	8h	256.08	+0.035%	$368K	$173K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0021%	1h	256.00	+0.004%	$594	$49K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	256.03	+0.016%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.91	−0.031%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.75	−0.094%	$25K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.22	+0.090%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVLlong	+0.0050%	1h	255.99	long leg	$14.1M	$8.7M	10x
Polymarket Perps MRVL-USD	+0.0050%	1h	255.93	−0.023%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.93	−0.023%	$164	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.70	−0.113%	$549K	$751K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.94	−0.019%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.56	−0.168%	$322K	$633K	10x	as long as short
Nado MRVL-PERP	+0.0094%	1h	255.86	−0.051%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.93	−0.023%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.95	−0.016%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.96	−0.014%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0106%	8h	256.25	+0.102%	$507K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	256.05	+0.023%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.211%	$11K	$734	12x	as long as short
edgeX MRVLUSDC	+0.0402%	4h	256.34	+0.137%	$36K	$373K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0415%	1h	255.99	0.000%	$22K	$144K	10x	as long as short