Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%

Price spread now: Bitget against Gate−0.042%7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$530.533% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.404%+$40 on $10k

Price spread, last 7 days+0.075%+$7 · spread now −0.042%, 7d avg +0.025%

Together, before fees+0.479%+$48 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: Bitget is 0.068% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MRVL_USDT	259.15	0	get 0.0000% / 8h	45m 08s	$5.6M	$9.7M	50x
Short	Bitget MRVLUSDT	259.04	0	get 0.0000% / 8h	45m 08s	$5.6M	$16.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.042%Rate

Funding earned: $0
Price spread: −0.042% → +0.025%: −$6.79
Slippage, 4 orders: −$26.33
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$60.12
Costs to cover: 0.533%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; Bitget: live order book, 4 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, 3 min ago	2.51 bp	21.4 bp −$21	35.0 bp −$350	50.0 bp −$5,003	84.3 bp −$42.1K
Sell Bitget live order book, 4 min ago	1.16 bp	9.4 bp −$9	12.9 bp −$129	37.5 bp −$3,747	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
BloFin MRVL-USDT	−0.0025%	8h	259.14	−0.004%	$375K	$170K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	258.95	−0.077%	$312K	$328K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	259.09	−0.022%	$49K	$206K	10x	as long as short
Bybit MRVLUSDT	0.0000%	8h	259.01	−0.054%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.08	−0.027%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDTlong	0.0000%	8h	259.15	long leg	$5.6M	$9.7M	50x
Bitget MRVLUSDTshort	0.0000%	8h	259.04	−0.042%	$5.6M	$16.6M	20x
Variational Omni MRVL	0.0000%	8h	259.17	+0.009%	$720K	$763K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	259.14	−0.004%	$1K	$6.9M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.10	−0.019%	$131K	$80K	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MRVLUSDT	+0.0004%	8h	259.12	−0.012%	$24.3M	$114.7M	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	258.95	−0.079%	$601	$53K	10x	as long as short
Lighter MRVL	+0.0032%	1h	259.13	−0.008%	$96K	$213K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	259.15	0.000%	$1.1M	$4.3M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	258.76	−0.150%	$25K	$29K	5x	as long as short
GRVT MRVL_USDT_Perp	+0.0043%	8h	259.06	−0.036%	$746	$228K	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	259.40	+0.096%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.01	−0.054%	$14.6M	$9.3M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.07	−0.031%	$109K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.09	−0.023%	$223	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	258.91	−0.093%	$591K	$926K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	258.35	−0.309%	$319K	$885K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0071%	8h	259.16	+0.006%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	258.98	−0.066%	$513K	$69K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	258.83	−0.123%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.13	−0.008%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.12	−0.012%	$18	—	10x	as long as short
Phoenix MRVL	+0.0217%	1h	259.19	+0.015%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.85	+1.042%	$11K	$620	12x	as long as short
Nado MRVL-PERP	+0.0229%	1h	258.91	−0.094%	$88K	$316K	10x	as long as short
edgeX MRVLUSDC	+0.0512%	4h	258.98	−0.064%	$36K	$369K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0561%	1h	259.17	+0.008%	$22K	$143K	10x	as long as short