Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0087%/8h= +9.6% APRpaid last 24h +0.024%

Price spread now: edgeX against ApeX Omni−0.028%7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$98as in the Price arb table

costs, in and out, $10k−$950.948% of the position

Long on ApeX Omni Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 4 days (all we have)+0.065%+$6 · spread now −0.028%, 7d avg +0.007%

Together, before fees+0.043%+ Points / potential airdropedgeX: Active · farm board+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.035% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of +0.007%). If the spread goes back, that is −$4 on $10k: about 32 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MRVLUSDT	255.70	0.0100	pay 0.0013% / 1h	32m 12s	$4K	$141K	50x
Short	edgeX MRVLUSDC	255.63	0.0187	get 0.0094% / 4h	32m 12s	$36K	$374K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.028%Rate

Funding earned: $18.33
Price spread: −0.028% → +0.007%: −$3.52
Slippage, 4 orders: −$75.76
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$79.96
Costs to cover: 0.948%
Break-even: 37.5 days

Slippage from ApeX Omni: live order book, 4 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 ApeX Omni live order book, 4 min ago	22.89 bp	33.6 bp −$34	200.8 bp −$2,008	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	255.55	−0.059%	$5.5M	$17.2M	20x	as long as short
Coinbase International MRVL-PERP-INTX	−0.0008%	1h	255.58	−0.047%	$336K	$654K	10x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.37	−0.130%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.33	−0.144%	$50K	$308K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.40	−0.116%	$23.5M	$113.9M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.32	−0.149%	$5.0M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.42	−0.110%	$6.8M	$24.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.43	−0.106%	$5.1M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.45	−0.100%	$716K	$468K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.73	+0.010%	$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	−0.102%	$2K	$5.9M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.34	−0.141%	$22K	$145K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.49	−0.082%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	255.42	−0.109%	$780	$46K	10x	as long as short
BloFin MRVL-USDT	+0.0023%	8h	255.64	−0.023%	$365K	$188K	50x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.43	−0.106%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.37	−0.129%	$88K	$167K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.32	−0.149%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.67	−0.012%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.27	−0.168%	$14.1M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.20	−0.196%	$99K	$86K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.37	−0.129%	$220	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.21	−0.192%	$533K	$859K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.31	−0.151%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0059%	1h	255.33	−0.146%	$87K	$272K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	255.40	−0.117%	$505K	$67K	20x	as long as short
ApeX Omni MRVLUSDTlong	+0.0100%	1h	255.70	long leg	$4K	$141K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.37	−0.129%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.35	−0.136%	$18	—	10x	as long as short
Phoenix MRVL	+0.0125%	1h	255.50	−0.078%	$11K	$12K	10x	as long as short
edgeX MRVLUSDCshort	+0.0187%	4h	255.63	−0.028%	$36K	$374K	10x
Injective MRVL/USDC PERP	+0.0220%	1h	258.27	+1.005%	$11K	$825	12x	as long as short