Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0137%/8h= +15.0% APRpaid last 24h +0.039%

Price spread now: edgeX against tradeXYZ+0.105%86s7-day average +0.064% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$420.419% of the position

Long on tradeXYZ Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.074%+$7 on $10k

Price spread, last 4 days (all we have)+0.062%+$6 · spread now +0.105%, 7d avg +0.064%

Together, before fees+0.135%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board+$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and edgeX is 0.040% dearer against tradeXYZ than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.064%. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:MRVL	255.36	0.0050	pay 0.0006% / 1h	32m 02s	$14.1M	$9.1M	10x
Short	edgeX MRVLUSDC	255.63	0.0187	get 0.0094% / 4h	32m 02s	$36K	$374K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.105%Rate

Funding earned: $28.83
Price spread: +0.105% → +0.064%: $4.05
Slippage, 4 orders: −$14.9
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$9.03
Costs to cover: 0.419%
Break-even: 9.2 days

Slippage from tradeXYZ: live order book, 7 min ago; edgeX: live order book, 6 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, 7 min ago	0.98 bp	10.0 bp −$10	12.7 bp −$127	doesn't fit	doesn't fit
Sell edgeX live order book, 6 min ago	5.48 bp	10.3 bp −$10	14.9 bp −$149	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	−0.0518%	8h	255.57	+0.082%	$5.5M	$17.2M	20x	as long as short
Coinbase International MRVL-PERP-INTX	−0.0008%	1h	255.58	+0.086%	$336K	$654K	10x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.53	+0.068%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.33	−0.011%	$50K	$308K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.55	+0.074%	$23.5M	$113.9M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.45	+0.035%	$5.0M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.42	+0.023%	$6.8M	$24.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.43	+0.027%	$5.1M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.45	+0.033%	$716K	$468K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.73	+0.143%	$391	$189K	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-USDT	0.0000%	8h	255.44	+0.031%	$2K	$5.9M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.34	−0.008%	$22K	$145K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.49	+0.051%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	255.42	+0.024%	$780	$46K	10x	as long as short
BloFin MRVL-USDT	+0.0023%	8h	255.64	+0.110%	$365K	$188K	50x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.43	+0.027%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.37	+0.004%	$88K	$167K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.32	−0.016%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.67	+0.121%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVLlong	+0.0050%	1h	255.36	long leg	$14.1M	$9.1M	10x
Polymarket Perps MRVL-USD	+0.0050%	1h	255.20	−0.063%	$99K	$86K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.37	+0.004%	$220	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.21	−0.059%	$533K	$859K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.31	−0.018%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0059%	1h	255.33	−0.013%	$87K	$272K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	255.39	+0.012%	$505K	$67K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.70	+0.133%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.37	+0.004%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.35	−0.003%	$18	—	10x	as long as short
Phoenix MRVL	+0.0125%	1h	255.50	+0.055%	$11K	$12K	10x	as long as short
edgeX MRVLUSDCshort	+0.0187%	4h	255.63	+0.105%	$36K	$374K	10x
Injective MRVL/USDC PERP	+0.0220%	1h	258.27	+1.140%	$11K	$825	12x	as long as short