Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.014%

Price spread now: HTX against tradeXYZ+0.215%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$360.359% of the position

Long on tradeXYZ Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.109%−$11 on $10k

Price spread, last 4 days (all we have)−0.290%−$29 · spread now +0.215%, 7d avg +0.032%

Together, before fees−0.399%+ Points / potential airdroptradeXYZ: Active · farm board−$40 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.183% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.215% now, against its 7-day average of +0.032%): +$18 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 12 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:MRVL	256.39	0.0050	pay 0.0006% / 1h	37m 29s	$14.4M	$8.4M	10x
Short	HTX MRVL-USDT	256.94	0	get 0.0000% / 8h	3h 37m	$130K	$42K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.215%Rate

Funding earned: −$10.5
Price spread: +0.215% → +0.032%: $18.29
Slippage, 4 orders: −$5.93
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee HTX: 6 bp × 2 orders: −$12
Net: −$28.14
Costs to cover: 0.359%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 11 min ago; HTX: live order book, 14 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, 11 min ago	0.39 bp	9.5 bp −$10	12.0 bp −$120	doesn't fit	doesn't fit
Sell HTX live order book, 14 min ago	2.33 bp	8.3 bp −$8	14.0 bp −$140	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
Aster MRVLUSDT	0.0000%	8h	256.47	+0.031%	$308K	$338K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.64	+0.097%	$46K	$343K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.76	+0.143%	$23.6M	$109.0M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.63	+0.094%	$5.1M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.73	+0.133%	$6.9M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.64	+0.098%	$5.5M	$8.1M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	256.78	+0.152%	$5.5M	$16.2M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	257.34	+0.372%	$714K	$631K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.75	+0.139%	$816	$190K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	256.76	+0.144%	$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	256.53	+0.055%	$22K	$144K	10x	as long as short
HTX MRVL-USDTshort	0.0000%	8h	256.94	+0.215%	$130K	$42K	50x
BloFin MRVL-USDT	+0.0012%	8h	256.73	+0.133%	$369K	$171K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	257.36	+0.380%	$597	$49K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	256.63	+0.094%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.43	+0.016%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.80	+0.160%	$25K	$26K	5x	as long as short
Nado MRVL-PERP	+0.0045%	1h	256.40	+0.005%	$87K	$272K	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.94	+0.215%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVLlong	+0.0050%	1h	256.39	long leg	$14.4M	$8.4M	10x
Polymarket Perps MRVL-USD	+0.0050%	1h	256.51	+0.047%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	256.66	+0.105%	$190	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.52	+0.051%	$573K	$720K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	256.47	+0.032%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	256.54	+0.059%	$329K	$623K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	256.73	+0.133%	$508K	$61K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.63	+0.094%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.63	+0.094%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.59	+0.076%	$18	—	10x	as long as short
Phoenix MRVL	+0.0185%	1h	257.70	+0.511%	$11K	$12K	10x	as long as short
edgeX MRVLUSDC	+0.0187%	4h	256.78	+0.153%	$36K	$372K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.052%	$11K	$734	12x	as long as short