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 OKX+0.008%7-day average −0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$450.445% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.029%−$3 on $10k

Price spread, last 7 days−0.031%−$3 · spread now +0.008%, 7d avg −0.022%

Together, before fees−0.060%−$6 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 0.030% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX MRVL-USDT-SWAP	259.32	0	get 0.0000% / 8h	6h 35m	$7.0M	$22.1M	50x
Short	Bybit MRVLUSDT	259.34	0	get 0.0000% / 8h	6h 35m	$5.1M	$3.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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 OKXbpFee BybitbpOrdersPrice spread, now +0.008%Rate

Funding earned: $0
Price spread: +0.008% → −0.022%: $2.96
Slippage, 4 orders: −$23.54
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$41.58
Costs to cover: 0.445%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Bybit: live order book, 2 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 OKX live order book, 3 min ago	0.19 bp	8.0 bp −$8	14.6 bp −$146	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	1.35 bp	15.8 bp −$16	29.1 bp −$291	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	+0.494%	$378K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	259.52	+0.075%	$311K	$329K	50x	as long as short
Bybit MRVLUSDTshort	0.0000%	8h	259.34	+0.008%	$5.1M	$3.9M	50x
OKX MRVL-USDT-SWAPlong	0.0000%	8h	259.32	long leg	$7.0M	$22.1M	50x
Gate MRVL_USDT	0.0000%	8h	259.40	+0.031%	$5.6M	$8.7M	50x	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	259.91	+0.228%	$982	$194K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	259.57	+0.096%	$1K	$6.4M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	259.39	+0.027%	$22K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.86	+0.208%	$131K	$41K	50x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0008%	1h	259.18	−0.054%	$333K	$636K	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	259.84	+0.201%	$920	$51K	10x	as long as short
Bitget MRVLUSDT	+0.0020%	8h	259.48	+0.062%	$5.6M	$16.3M	20x	as long as short
QFEX MRVL-USD	+0.0023%	1h	259.37	+0.019%	$1.1M	$3.9M	10x	as long as short
Variational Omni MRVL	+0.0028%	8h	259.48	+0.064%	$721K	$655K	—	as long as short
Lighter MRVL	+0.0032%	1h	259.44	+0.046%	$95K	$205K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.59	+0.104%	$25K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	259.79	+0.181%	—	$43K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.28	−0.015%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.43	+0.042%	$104K	$77K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.45	+0.050%	$88	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.26	−0.023%	$566K	$691K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	259.36	+0.014%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0078%	1h	259.34	+0.010%	$89K	$319K	10x	as long as short
Binance MRVLUSDT	+0.0087%	8h	259.48	+0.061%	$24.1M	$110.4M	50x	as long as short
Extended MRVL-USD	+0.0088%	1h	259.43	+0.041%	$47K	$347K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	259.60	+0.108%	$513K	$64K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	259.91	+0.228%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.51	+0.073%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.49	+0.065%	$18	—	10x	as long as short
Phoenix MRVL	+0.0153%	1h	260.19	+0.335%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.37	+1.562%	$11K	$676	12x	as long as short
edgeX MRVLUSDC	+0.0924%	4h	259.80	+0.185%	$37K	$370K	10x	as long as short