Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against Gate−0.133%96s7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1091.089% of the position

Long on Gate Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.449%+$45 on $10k

Price spread, last 4 days (all we have)+0.045%+$5 · spread now −0.133%, 7d avg −0.011%

Together, before fees+0.494%+$49 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.122% cheaper against Gate than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of −0.011%). If the spread goes back, that is −$12 on $10k: about 4.1 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.449% in total) that is about 46 hours. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MRVL_USDT	254.98	0	get 0.0000% / 8h	6h 07m	$5.0M	$8.6M	50x
Short	ApeX Omni MRVLUSDT	254.64	0.0100	get 0.0013% / 1h	7m 45s	$4K	$144K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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 GatebpFee ApeX OmnibpOrdersPrice spread, now −0.133%Rate

Funding earned: $21
Price spread: −0.133% → −0.011%: −$12.22
Slippage, 4 orders: −$83.89
Fee Gate: 7.5 bp × 2 orders: −$15
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$100.11
Costs to cover: 1.089%
Break-even: 40.4 days

Slippage from Gate: live order book, 4 min ago; ApeX Omni: live order book, 41 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 Gate live order book, 4 min ago	1.76 bp	14.8 bp −$15	30.7 bp −$307	48.1 bp −$4,811	81.4 bp −$40.7K
Sell ApeX Omni live order book, 41 min ago	30.11 bp	39.5 bp −$39	216.1 bp −$2,161	doesn't fit	doesn't fit

MRVL on 32 exchanges

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	254.71	−0.105%	$300K	$337K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	254.90	−0.031%	$46K	$300K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.09	+0.042%	$23.4M	$118.9M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	254.91	−0.027%	$5.0M	$4.2M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.14	+0.063%	$6.9M	$25.5M	50x	as long as short
Gate MRVL_USDTlong	0.0000%	8h	254.98	long leg	$5.0M	$8.6M	50x
Bitget MRVLUSDT	0.0000%	8h	254.95	−0.012%	$5.5M	$18.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	254.89	−0.036%	$708K	$214K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	254.96	−0.008%	$2K	$5.4M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	254.73	−0.098%	$131K	$48K	50x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0018%	1h	254.75	−0.090%	$1K	$44K	10x	as long as short
BloFin MRVL-USDT	+0.0028%	8h	254.74	−0.094%	$372K	$209K	50x	as long as short
QFEX MRVL-USD	+0.0031%	1h	254.89	−0.035%	$1.2M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.21	+0.090%	$88K	$164K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.46	−0.204%	$22K	$22K	5x	as long as short
Nado MRVL-PERP	+0.0045%	1h	254.75	−0.090%	$87K	$276K	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.03	+0.020%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	254.89	−0.035%	$14.0M	$9.3M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	254.89	−0.035%	$199	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.64	−0.133%	$539K	$862K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	254.80	−0.071%	—	—	5x	as long as short
GRVT MRVL_USDT_Perp	+0.0061%	8h	254.93	−0.018%	$943	$181K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	254.91	−0.027%	$503K	$215K	20x	as long as short
ApeX Omni MRVLUSDTshort	+0.0100%	1h	254.64	−0.133%	$4K	$144K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	254.88	−0.039%	$2K	$2K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	254.86	−0.045%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0128%	1h	254.68	−0.118%	$316K	$536K	10x	as long as short
Phoenix MRVL	+0.0157%	1h	254.96	−0.008%	$11K	$13K	10x	as long as short
Polymarket Perps MRVL-USD	+0.0186%	1h	255.30	+0.126%	$99K	$76K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	256.63	+0.647%	$11K	$832	12x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0260%	1h	254.90	−0.031%	$22K	$145K	10x	as long as short
edgeX MRVLUSDC	+0.0502%	4h	254.91	−0.028%	$36K	$374K	10x	as long as short