Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.025%

Price spread now: Bitget against ApeX Omni+0.012%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$1001.003% of the position

Long on ApeX Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.052%−$5 on $10k

Price spread, last 4 days (all we have)+0.056%+$6 · spread now +0.012%, 7d avg +0.018%

Together, before fees+0.004%$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MRVLUSDT	257.84	0.0100	pay 0.0013% / 1h	43m 09s	$4K	$141K	50x
Short	Bitget MRVLUSDT	257.87	0	get 0.0000% / 8h	3h 43m	$5.5M	$16.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against ApeX Omni. 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 ApeX OmnibpFee BitgetbpOrdersPrice spread, now +0.012%Rate

Funding earned: −$21
Price spread: +0.012% → +0.018%: −$0.65
Slippage, 4 orders: −$78.28
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$121.93
Costs to cover: 1.003%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 8 min ago; Bitget: live order book, just now.

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 ApeX Omni live order book, 8 min ago	27.89 bp	38.7 bp −$39	196.2 bp −$1,962	doesn't fit	doesn't fit
Sell Bitget live order book, just now	1.75 bp	10.7 bp −$11	15.1 bp −$151	30.6 bp −$3,059	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
BloFin MRVL-USDT	−0.0011%	8h	257.72	−0.047%	$370K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	257.90	+0.022%	$309K	$331K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	257.79	−0.018%	$46K	$343K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	257.85	+0.004%	$23.7M	$108.8M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	257.76	−0.031%	$5.1M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	257.77	−0.027%	$6.9M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	257.71	−0.050%	$5.5M	$8.1M	50x	as long as short
Bitget MRVLUSDTshort	0.0000%	8h	257.87	+0.012%	$5.5M	$16.2M	20x
Variational Omni MRVL	0.0000%	8h	257.94	+0.041%	$715K	$633K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	257.81	−0.010%	$820	$190K	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	257.76	−0.031%	$1K	$6.1M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	257.77	−0.027%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	257.78	−0.023%	$130K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0019%	1h	257.95	+0.044%	$599	$49K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	257.66	−0.070%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	257.76	−0.031%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	257.64	−0.078%	$25K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	258.17	+0.128%	—	$50K	25x	as long as short
Nado MRVL-PERP	+0.0050%	1h	257.73	−0.042%	$88K	$272K	10x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	257.65	−0.074%	$14.4M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	257.56	−0.109%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	257.74	−0.039%	$175	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	257.52	−0.124%	$573K	$721K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	257.78	−0.024%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	257.42	−0.163%	$331K	$625K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	258.04	+0.078%	$510K	$61K	20x	as long as short
ApeX Omni MRVLUSDTlong	+0.0100%	1h	257.84	long leg	$4K	$141K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	257.80	−0.016%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	257.82	−0.010%	$18	—	10x	as long as short
Phoenix MRVL	+0.0185%	1h	257.68	−0.062%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+1.478%	$11K	$734	12x	as long as short
edgeX MRVLUSDC	+0.0862%	4h	258.02	+0.068%	$36K	$373K	10x	as long as short