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: Gate against HTX+0.008%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$470.466% of the position

Long on HTX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.245%−$24 on $10k

Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.008%, 7d avg +0.037%

Together, before fees−0.269%−$27 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: Gate is 0.029% cheaper against HTX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.037%.

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 36s	$131K	$47K	50x
Short	Gate MRVL_USDT	255.15	0	get 0.0000% / 8h	10m 36s	$5.1M	$8.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.008%Rate

Funding earned: $0
Price spread: +0.008% → +0.037%: −$2.89
Slippage, 4 orders: −$19.56
Fee HTX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$49.45
Costs to cover: 0.466%
Break-even: never at this rate

Slippage from HTX: live order book, 26 min ago; Gate: 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	2.93 bp	9.7 bp −$10	18.5 bp −$185	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	1.37 bp	11.9 bp −$12	23.3 bp −$233	47.0 bp −$4,696	82.5 bp −$41.3K

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	255.39	+0.102%	$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	255.22	+0.034%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.12	−0.006%	$50K	$303K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.25	+0.046%	$23.5M	$113.8M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.12	−0.004%	$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_USDTshort	0.0000%	8h	255.15	+0.008%	$5.1M	$8.7M	50x
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	255.13	0.000%	$1K	$5.9M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.05	−0.031%	$22K	$145K	10x	as long as short
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	255.10	−0.014%	$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	255.11	−0.008%	$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	254.96	−0.067%	$14.1M	$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	255.10	−0.012%	$189	$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	255.04	−0.035%	$504K	$72K	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	255.08	−0.020%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.10	−0.011%	$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