Settings8H · net · $10k
Funding arb · Price arb /

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0796%/8h= +87.2% APRpaid last 24h +0.016%
Price spread now: edgeX against Bitget+0.030%114s7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$390.394% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.043%+$4 on $10k
Price spread, last 4 days (all we have)+0.078%+$8 · spread now +0.030%, 7d avg −0.010%
Together, before fees+0.121%+ Points / potential airdropedgeX: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and edgeX is 0.040% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.010%. The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.043% in total (about 2.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MRVLUSDT261.170get 0.0000% / 8h5h 01m$5.6M$16.0M20x
ShortedgeX MRVLUSDC261.250.0796get 0.0398% / 4h1h 01m$37K$371K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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

Funding earned
$167.26
Price spread: +0.030% → −0.010%
$4
Slippage, 4 orders
−$18.45
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$131.81
Costs to cover
0.394%
Break-even
1.5 days
Slippage from Bitget: live order book, 2 min ago; edgeX: live order book, 62 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago1.34 bp10.0 bp −$1013.8 bp −$13830.9 bp −$3,092doesn't fit
Sell edgeX live order book, 62 min ago5.38 bp10.2 bp −$1014.5 bp −$145doesn't fitdoesn't fit

MRVL on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MRVL-USDT−0.0014%8h261.04−0.050%$375K$171K50xas long as short
Aster MRVLUSDT0.0000%8h261.01−0.062%$313K$330K50xas long as short
Bybit MRVLUSDT0.0000%8h261.05−0.046%$5.1M$3.8M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h261.16−0.004%$7.0M$22.3M50xas long as short
Gate MRVL_USDT0.0000%8h261.170.000%$5.6M$8.4M50xas long as short
Bitget MRVLUSDTlong0.0000%8h261.17long leg$5.6M$16.0M20x
Variational Omni MRVL0.0000%8h261.17+0.002%$719K$650Kas long as short
GRVT MRVL_USDT_Perp0.0000%8h261.28+0.043%$376$188K10xas long as short
SunX MRVL-USDT0.0000%8h261.15−0.008%$1K$6.1M10xas long as short
Deribit MRVL_USDC-PERPETUAL0.0000%1h260.98−0.073%$23K$144K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRVL-USDT0.0000%8h260.98−0.073%$132K$41K50xas long as short
Aftermath Perps MRVLUSD+0.0018%1h261.01−0.061%$606$50K10xas long as short
Extended MRVL-USD+0.0024%1h261.08−0.034%$47K$351K10xas long as short
Binance MRVLUSDT+0.0024%8h261.170.000%$24.3M$107.7M50xas long as short
QFEX MRVL-USD+0.0026%1h261.00−0.065%$1.1M$3.6M10xas long as short
Lighter MRVL+0.0032%1h261.24+0.027%$94K$206K10xas long as short
Coinbase International MRVL-PERP-INTX+0.0032%1h259.84−0.509%$334K$630K10xas long as short
Arcus MRVL-USD+0.0040%1h260.88−0.111%$26K$26K5xas long as short
Vest MRVL-USD-PERP+0.0046%1h261.39+0.084%$49K25xas long as short
tradeXYZ xyz:MRVL+0.0050%1h261.02−0.057%$14.6M$8.4M10xas long as short
Polymarket Perps MRVL-USD+0.0050%1h260.89−0.107%$104K$79K10xas long as short
SoDEX MRVL-USD+0.0050%1h261.11−0.023%$151$15K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h260.88−0.111%$577K$681K10xas long as short
Paradex MRVL-USD-PERP+0.0053%8h261.14−0.013%5xas long as short
KuCoin MRVLUSDTM+0.0100%8h261.08−0.034%$516K$61K20xas long as short
ApeX Omni MRVLUSDT+0.0100%1h261.12−0.019%$4K$141K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h261.09−0.031%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h261.05−0.046%$1810xas long as short
Nado MRVL-PERP+0.0123%1h260.93−0.091%$89K$275K10xas long as short
Phoenix MRVL+0.0215%1h261.18+0.004%$11K$12K10xas long as short
Injective MRVL/USDC PERP+0.0220%1h263.39+0.850%$11K$69312xas long as short
edgeX MRVLUSDCshort+0.0796%4h261.25+0.030%$37K$371K10x