Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.014%

Price spread now: Gate against tradeXYZ+0.061%7-day average +0.077% · you sell dearer than you buy

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$480.483% of the position

Long on tradeXYZ Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.354%−$35 on $10k

Price spread, last 7 days−0.013%−$1 · spread now +0.061%, 7d avg +0.077%

Together, before fees−0.367%+ Points / potential airdroptradeXYZ: Active · farm board−$37 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.077%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:MRVL	260.67	0.0050	pay 0.0006% / 1h	35m 51s	$14.5M	$8.3M	10x
Short	Gate MRVL_USDT	260.83	0	get 0.0000% / 8h	4h 35m	$5.6M	$8.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.061%Rate

Funding earned: −$10.5
Price spread: +0.061% → +0.077%: −$1.57
Slippage, 4 orders: −$15.28
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$60.35
Costs to cover: 0.483%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago	1.15 bp	11.7 bp −$12	16.2 bp −$162	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	1.92 bp	13.0 bp −$13	25.1 bp −$251	42.5 bp −$4,245	77.4 bp −$38.7K

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
BloFin MRVL-USDT	0.0000%	8h	260.86	+0.073%	$374K	$172K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	260.88	+0.082%	$313K	$330K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	260.77	+0.040%	$47K	$349K	10x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.74	+0.027%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.76	+0.035%	$7.0M	$22.3M	50x	as long as short
Gate MRVL_USDTshort	0.0000%	8h	260.83	+0.061%	$5.6M	$8.1M	50x
Bitget MRVLUSDT	0.0000%	8h	260.83	+0.061%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.83	+0.061%	$718K	$640K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	261.14	+0.181%	$595	$188K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.85	+0.069%	$1K	$6.1M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	260.79	+0.046%	$23K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.89	+0.084%	$132K	$42K	50x	as long as short
Binance MRVLUSDT	0.0000%	8h	260.82	+0.058%	$24.3M	$107.7M	50x	as long as short
Aftermath Perps MRVLUSD	+0.0017%	1h	260.82	+0.058%	$721	$49K	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.82	+0.058%	$94K	$200K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	260.85	+0.069%	$1.1M	$3.6M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.69	+0.008%	$26K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.23	+0.215%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVLlong	+0.0050%	1h	260.67	long leg	$14.5M	$8.3M	10x
Polymarket Perps MRVL-USD	+0.0050%	1h	260.66	−0.004%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.81	+0.054%	$120	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.89	+0.084%	$576K	$681K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	260.81	+0.053%	—	—	5x	as long as short
edgeX MRVLUSDC	+0.0059%	4h	260.91	+0.093%	$37K	$371K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	259.84	−0.318%	$334K	$629K	10x	as long as short
Nado MRVL-PERP	+0.0088%	1h	260.76	+0.033%	$89K	$272K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.99	+0.123%	$515K	$60K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	261.00	+0.127%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.84	+0.065%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.79	+0.045%	$18	—	10x	as long as short
Phoenix MRVL	+0.0153%	1h	260.99	+0.123%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.69	+1.159%	$11K	$700	12x	as long as short