Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h +0.026%

Price spread now: ApeX Omni against BloFin+0.409%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$970.967% of the position

Long on BloFin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.110%+$11 on $10k

Price spread, last 4 days (all we have)−0.490%−$49 · spread now +0.409%, 7d avg +0.003%

Together, before fees−0.380%−$38 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.406% dearer against BloFin than usual: you sell high and buy low: +$41 more if the spread goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MRVL-USDT	256.73	0.0012	pay 0.0012% / 8h	3h 38m	$369K	$171K	50x
Short	ApeX Omni MRVLUSDT	257.78	0.0100	get 0.0013% / 1h	38m 06s	$4K	$141K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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 BloFinbpFee ApeX OmnibpOrdersPrice spread, now +0.409%Rate

Funding earned: $18.39
Price spread: +0.409% → +0.003%: $40.61
Slippage, 4 orders: −$74.66
Fee BloFin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$37.66
Costs to cover: 0.967%
Break-even: 21.3 days

Slippage from BloFin: live order book, 57 min ago; ApeX Omni: live order book, 13 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 BloFin live order book, 57 min ago	0.96 bp	7.3 bp −$7	12.1 bp −$121	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 13 min ago	27.89 bp	41.0 bp −$41	211.6 bp −$2,116	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	256.60	−0.052%	$308K	$332K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.60	−0.051%	$46K	$343K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.46	−0.106%	$23.6M	$109.0M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.41	−0.125%	$5.1M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.51	−0.086%	$6.8M	$22.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.67	−0.023%	$5.5M	$8.1M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	256.69	−0.016%	$5.5M	$16.2M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	257.34	+0.240%	$714K	$631K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	257.32	+0.230%	$818	$190K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	256.76	+0.012%	$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	−0.078%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	256.94	+0.082%	$130K	$42K	50x	as long as short
BloFin MRVL-USDTlong	+0.0012%	8h	256.73	long leg	$369K	$171K	50x
Aftermath Perps MRVLUSD	+0.0018%	1h	257.36	+0.247%	$597	$49K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	256.70	−0.012%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.56	−0.066%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.98	+0.097%	$25K	$26K	5x	as long as short
Nado MRVL-PERP	+0.0041%	1h	256.75	+0.008%	$88K	$272K	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	257.02	+0.113%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.35	−0.148%	$14.4M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.51	−0.086%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	256.66	−0.027%	$190	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.12	−0.238%	$573K	$718K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	256.73	−0.002%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	256.54	−0.074%	$329K	$623K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	256.87	+0.055%	$508K	$60K	20x	as long as short
ApeX Omni MRVLUSDTshort	+0.0100%	1h	257.78	+0.409%	$4K	$141K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.63	−0.039%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.59	−0.056%	$18	—	10x	as long as short
Phoenix MRVL	+0.0185%	1h	257.70	+0.378%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+1.916%	$11K	$734	12x	as long as short
edgeX MRVLUSDC	+0.0222%	4h	257.39	+0.258%	$36K	$371K	10x	as long as short