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 0.000%

Price spread now: Bybit against HTX−0.062%7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$390.392% of the position

Long on HTX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%$0 on $10k

Price spread, last 3 days (all we have)+0.062%+$6 · spread now −0.062%, 7d avg −0.003%

Together, before fees+0.067%+$7 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: Bybit is 0.058% cheaper against HTX than usual: you would sell low and buy high, −$6 on $10k if it 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	HTX MRVL-USDT	260.01	0	get 0.0000% / 8h	6h 40m	$131K	$41K	50x
Short	Bybit MRVLUSDT	259.85	0	get 0.0000% / 8h	6h 40m	$5.1M	$3.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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 HTXbpFee BybitbpOrdersPrice spread, now −0.062%Rate

Funding earned: $0
Price spread: −0.062% → −0.003%: −$5.81
Slippage, 4 orders: −$16.22
Fee HTX: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$45.02
Costs to cover: 0.392%
Break-even: never at this rate

Slippage from HTX: live order book, 26 min ago; Bybit: live order book, 3 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 HTX live order book, 26 min ago	2.49 bp	8.8 bp −$9	17.5 bp −$175	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	1.35 bp	10.6 bp −$11	26.0 bp −$260	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
BloFin MRVL-USDT	−0.0023%	8h	260.60	+0.227%	$378K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	260.01	+0.001%	$312K	$329K	50x	as long as short
Bybit MRVLUSDTshort	0.0000%	8h	259.85	−0.062%	$5.1M	$3.9M	50x
OKX MRVL-USDT-SWAP	0.0000%	8h	259.84	−0.065%	$7.0M	$22.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	259.96	−0.019%	$5.6M	$8.7M	50x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.04	+0.012%	$1K	$6.5M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	259.88	−0.050%	$22K	$143K	10x	as long as short
HTX MRVL-USDTlong	0.0000%	8h	260.01	long leg	$131K	$41K	50x
GRVT MRVL_USDT_Perp	+0.0008%	8h	260.35	+0.130%	$1K	$196K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0008%	1h	260.67	+0.254%	$335K	$640K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0013%	1h	260.21	+0.076%	$884	$51K	10x	as long as short
QFEX MRVL-USD	+0.0023%	1h	259.99	−0.008%	$1.1M	$3.9M	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.00	−0.004%	$95K	$205K	10x	as long as short
Variational Omni MRVL	+0.0038%	8h	260.25	+0.092%	$722K	$655K	—	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.04	+0.012%	$25K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.42	+0.158%	—	$43K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.84	−0.065%	$14.7M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.96	−0.019%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.97	−0.015%	$94	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.12	+0.042%	$567K	$715K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	260.05	+0.014%	—	—	5x	as long as short
Bitget MRVLUSDT	+0.0083%	8h	259.94	−0.027%	$5.6M	$16.3M	20x	as long as short
Nado MRVL-PERP	+0.0086%	1h	260.00	−0.003%	$89K	$319K	10x	as long as short
Binance MRVLUSDT	+0.0093%	8h	259.93	−0.030%	$24.1M	$110.7M	50x	as long as short
Extended MRVL-USD	+0.0096%	1h	259.92	−0.036%	$47K	$347K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.13	+0.046%	$514K	$64K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.14	+0.050%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.97	−0.015%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.95	−0.024%	$18	—	10x	as long as short
Phoenix MRVL	+0.0153%	1h	260.69	+0.262%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.37	+1.292%	$11K	$676	12x	as long as short
edgeX MRVLUSDC	+0.0485%	4h	260.29	+0.108%	$37K	$369K	10x	as long as short