Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%

Price spread now: Binance against Gate−0.027%7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$420.422% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.300%+$30 on $10k

Price spread, last 7 days+0.043%+$4 · spread now −0.027%, 7d avg +0.026%

Together, before fees+0.343%+$34 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.054% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MRVL_USDT	255.35	0	get 0.0000% / 8h	3m 02s	$5.1M	$8.7M	50x
Short	Binance MRVLUSDT	255.28	0	get 0.0000% / 8h	3m 02s	$23.5M	$113.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.027%Rate

Funding earned: $0
Price spread: −0.027% → +0.026%: −$5.36
Slippage, 4 orders: −$17.15
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$47.51
Costs to cover: 0.422%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; Binance: live order book, 10 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, 5 min ago	1.96 bp	15.1 bp −$15	28.9 bp −$289	48.0 bp −$4,804	82.8 bp −$41.4K
Sell Binance live order book, 10 min ago	0.20 bp	7.0 bp −$7	16.4 bp −$164	59.3 bp −$5,927	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	−0.0506%	8h	255.42	+0.027%	$5.5M	$17.2M	20x	as long as short
Coinbase International MRVL-PERP-INTX	−0.0008%	1h	255.27	−0.031%	$335K	$652K	10x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.24	−0.045%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.25	−0.040%	$50K	$303K	10x	as long as short
Binance MRVLUSDTshort	0.0000%	8h	255.28	−0.027%	$23.5M	$113.7M	50x
Bybit MRVLUSDT	0.0000%	8h	255.24	−0.043%	$5.0M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.24	−0.043%	$6.8M	$24.5M	50x	as long as short
Gate MRVL_USDTlong	0.0000%	8h	255.35	long leg	$5.1M	$8.7M	50x
Variational Omni MRVL	0.0000%	8h	255.16	−0.074%	$715K	$468K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.14	−0.082%	$388	$188K	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	255.30	−0.020%	$1K	$5.9M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.22	−0.051%	$22K	$145K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.12	−0.090%	$131K	$47K	50x	as long as short
BloFin MRVL-USDT	0.0000%	8h	255.24	−0.043%	$366K	$189K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0016%	1h	255.16	−0.074%	$646	$45K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.22	−0.051%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.30	−0.020%	$88K	$167K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.02	−0.129%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.50	+0.059%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.13	−0.086%	$14.1M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.15	−0.078%	$99K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.23	−0.047%	$133	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.01	−0.133%	$539K	$847K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.25	−0.040%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0056%	1h	255.27	−0.030%	$87K	$272K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	255.16	−0.074%	$504K	$81K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.16	−0.074%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.28	−0.027%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.24	−0.043%	$18	—	10x	as long as short
Phoenix MRVL	+0.0125%	1h	255.15	−0.078%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.02	+1.046%	$11K	$827	12x	as long as short
edgeX MRVLUSDC	+0.0298%	4h	255.15	−0.076%	$36K	$374K	10x	as long as short