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% APRpaid last 24h +0.017%

Price spread now: Deribit against HTX+0.059%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$380.382% of the position

Long on HTX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.124%+$12 on $10k

Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.059%, 7d avg +0.001%

Together, before fees+0.046%+$5 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: Deribit is 0.057% dearer against HTX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX MRVL-USDT	255.13	0	get 0.0000% / 8h	10m 04s	$131K	$47K	50x
Short	Deribit MRVL_USDC-PERPETUAL	255.28	0	get 0.0000% / 1h	10m 04s	$22K	$145K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.059%Rate

Funding earned: $0
Price spread: +0.059% → +0.001%: $5.74
Slippage, 4 orders: −$19.18
Fee HTX: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$32.44
Costs to cover: 0.382%
Break-even: never at this rate

Slippage from HTX: live order book, 26 min ago; Deribit: live order book, 28 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	2.93 bp	9.7 bp −$10	18.5 bp −$185	doesn't fit	doesn't fit
Sell Deribit live order book, 28 min ago	6.06 bp	10.0 bp −$10	12.9 bp −$129	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
Bitget MRVLUSDT	−0.0521%	8h	255.41	+0.110%	$5.5M	$17.2M	20x	as long as short
Coinbase International MRVL-PERP-INTX	−0.0008%	1h	255.11	−0.008%	$335K	$652K	10x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.41	+0.111%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.29	+0.062%	$50K	$303K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.35	+0.086%	$23.5M	$113.8M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.30	+0.067%	$5.0M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.25	+0.047%	$6.8M	$24.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.42	+0.114%	$5.1M	$8.7M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.09	−0.014%	$714K	$468K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.43	+0.117%	$968	$187K	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	255.42	+0.114%	$1K	$5.9M	10x	as long as short
Deribit MRVL_USDC-PERPETUALshort	0.0000%	1h	255.28	+0.059%	$22K	$145K	10x
HTX MRVL-USDTlong	0.0000%	8h	255.13	long leg	$131K	$47K	50x
BloFin MRVL-USDT	+0.0007%	8h	255.15	+0.008%	$366K	$188K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0017%	1h	255.21	+0.032%	$751	$46K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.11	−0.008%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.37	+0.094%	$88K	$167K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.99	−0.055%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.45	+0.125%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.19	+0.024%	$14.2M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	254.99	−0.055%	$99K	$81K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.23	+0.039%	$179	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.17	+0.016%	$532K	$832K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	254.99	−0.053%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0065%	1h	255.05	−0.033%	$87K	$272K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	255.23	+0.039%	$504K	$73K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.30	+0.067%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.33	+0.078%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.34	+0.081%	$18	—	10x	as long as short
Phoenix MRVL	+0.0125%	1h	255.13	0.000%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.02	+1.133%	$11K	$827	12x	as long as short
edgeX MRVLUSDC	+0.0334%	4h	255.16	+0.012%	$36K	$376K	10x	as long as short