Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against SunX+0.126%7-day average −0.015% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.204%+$20 on $10k

Price spread, last 3 days (all we have)−0.210%−$21 · spread now +0.126%, 7d avg −0.015%

Together, before fees−0.006%−$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.141% dearer against SunX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX MRVL-USDT	261.56	0	get 0.0000% / 8h	7h 45m	$1K	$6.7M	10x
Short	ApeX Omni MRVLUSDT	261.89	0.0100	get 0.0013% / 1h	45m 08s	$4K	$142K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against SunX. 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 SunXbpFee ApeX OmnibpOrdersPrice spread, now +0.126%Rate

Funding earned: $21
Price spread: +0.126% → −0.015%: $14.09
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $17.09
Costs to cover: 0.180%
Break-even: 1.3 days

Slippage unknown: SunX: live order book, 4 min ago; ApeX Omni: live order book, 26 min ago. Net counts fees only.

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 SunX live order book, 4 min ago	44.81 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 26 min ago	27.20 bp	38.4 bp −$38	201.1 bp −$2,011	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	−0.0024%	8h	261.73	+0.065%	$372K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	261.57	+0.002%	$315K	$327K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	261.62	+0.023%	$5.2M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.69	+0.050%	$7.1M	$22.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.64	+0.031%	$5.6M	$9.4M	50x	as long as short
SunX MRVL-USDTlong	0.0000%	8h	261.56	long leg	$1K	$6.7M	10x
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	261.59	+0.011%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	261.57	+0.004%	$132K	$51K	50x	as long as short
Variational Omni MRVL	+0.0010%	8h	261.86	+0.116%	$727K	$766K	—	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	261.15	−0.156%	$999	$52K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	258.35	−1.227%	$319K	$764K	10x	as long as short
QFEX MRVL-USD	+0.0027%	1h	261.46	−0.038%	$1.1M	$4.3M	10x	as long as short
Lighter MRVL	+0.0032%	1h	261.72	+0.061%	$96K	$209K	10x	as long as short
Bitget MRVLUSDT	+0.0032%	8h	261.62	+0.023%	$5.6M	$16.5M	20x	as long as short
Arcus MRVL-USD	+0.0040%	1h	261.38	−0.069%	$26K	$28K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	262.02	+0.176%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	261.53	−0.011%	$14.7M	$9.0M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	261.52	−0.015%	$105K	$86K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	261.43	−0.050%	$580K	$952K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0056%	8h	261.44	−0.047%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0062%	1h	261.57	+0.005%	$88K	$316K	10x	as long as short
Extended MRVL-USD	+0.0064%	1h	261.56	+0.001%	$49K	$252K	10x	as long as short
Binance MRVLUSDT	+0.0067%	8h	261.65	+0.033%	$24.3M	$114.9M	50x	as long as short
edgeX MRVLUSDC	+0.0100%	4h	261.72	+0.061%	$37K	$370K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.62	+0.023%	$519K	$69K	20x	as long as short
ApeX Omni MRVLUSDTshort	+0.0100%	1h	261.89	+0.126%	$4K	$142K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	261.73	+0.065%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	261.67	+0.041%	$18	—	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0118%	8h	261.98	+0.162%	$299	$221K	10x	as long as short
Phoenix MRVL	+0.0216%	1h	261.80	+0.092%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	262.96	+0.535%	$11K	$638	12x	as long as short
SoDEX MRVL-USD	+0.0744%	1h	261.66	+0.038%	$136	$14K	10x	as long as short