Settings8H · net · $10k
Funding arb · Price arb /

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0434%/8h= +47.5% APRpaid last 24h +0.125%
Price spread now: edgeX against SunX−0.185%46s7-day average −0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.183%+$18 on $10k
Price spread, last 4 days (all we have)+0.283%+$28 · spread now −0.185%, 7d avg −0.003%
Together, before fees+0.466%+ Points / potential airdropedgeX: Active · farm board+$47 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.182% cheaper against SunX than usual: you would sell low and buy high (spread −0.185% now, against its 7-day average of −0.003%). If the spread goes back, that is −$18 on $10k: about 34 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.183% in total) that is about 7.0 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.183% in total (about 9.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX MRVL-USDT254.770get 0.0000% / 8h6h 15m$2K$5.4M10x
ShortedgeX MRVLUSDC254.300.0434get 0.0217% / 4h2h 15m$36K$376K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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

Funding earned
$91.17
Price spread: −0.185% → −0.003%
−$18.24
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$55.94
Costs to cover
0.170%
Break-even
2.7 days
Slippage unknown: SunX: live order book, 7 min ago; edgeX: live order book, 36 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 7 min ago45.24 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 36 min ago5.51 bp10.4 bp −$1015.0 bp −$150doesn't fitdoesn't fit

MRVL on 32 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MRVLUSDT0.0000%8h254.64−0.051%$300K$337K50xas long as short
Extended MRVL-USD0.0000%1h254.90+0.052%$46K$303K10xas long as short
Binance MRVLUSDT0.0000%8h254.98+0.082%$23.4M$119.1M50xas long as short
Bybit MRVLUSDT0.0000%8h254.81+0.016%$5.0M$4.2M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h254.93+0.063%$6.9M$25.4M50xas long as short
Gate MRVL_USDT0.0000%8h254.97+0.079%$5.0M$8.6M50xas long as short
Bitget MRVLUSDT0.0000%8h255.02+0.098%$5.5M$18.6M20xas long as short
Variational Omni MRVL0.0000%8h254.90+0.049%$708K$214Kas long as short
GRVT MRVL_USDT_Perp0.0000%8h254.43−0.132%$247$180K10xas long as short
SunX MRVL-USDTlong0.0000%8h254.77long leg$2K$5.4M10x
Show all 32 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRVL-USDT0.0000%8h253.99−0.306%$131K$48K50xas long as short
BloFin MRVL-USDT+0.0004%8h254.14−0.247%$372K$207K50xas long as short
Aftermath Perps MRVLUSD+0.0017%1h254.39−0.148%$1K$44K10xas long as short
Nado MRVL-PERP+0.0030%1h254.82+0.019%$87K$276K10xas long as short
QFEX MRVL-USD+0.0031%1h254.95+0.071%$1.1M$3.5M10xas long as short
Lighter MRVL+0.0032%1h254.770.000%$88K$164K10xas long as short
Arcus MRVL-USD+0.0040%1h254.49−0.110%$22K$22K5xas long as short
Vest MRVL-USD-PERP+0.0046%1h255.06+0.114%$51K25xas long as short
tradeXYZ xyz:MRVL+0.0050%1h254.74−0.012%$14.0M$9.5M10xas long as short
SoDEX MRVL-USD+0.0050%1h254.71−0.024%$214$15K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h254.74−0.012%$538K$862K10xas long as short
Paradex MRVL-USD-PERP+0.0051%8h254.85+0.031%5xas long as short
KuCoin MRVLUSDTM+0.0100%8h254.75−0.008%$502K$206K20xas long as short
ApeX Omni MRVLUSDT+0.0100%1h254.48−0.114%$4K$144K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h254.78+0.004%$2K$2K10xas long as short
Deribit MRVL_USDC-PERPETUAL+0.0103%1h254.70−0.027%$22K$145K10xas long as short
Aevo MRVL-PERP+0.0104%1h254.75−0.009%$1810xas long as short
Polymarket Perps MRVL-USD+0.0110%1h255.23+0.181%$99K$76K10xas long as short
Coinbase International MRVL-PERP-INTX+0.0128%1h254.68−0.035%$316K$641K10xas long as short
Phoenix MRVL+0.0157%1h254.09−0.267%$11K$13K10xas long as short
Injective MRVL/USDC PERP+0.0220%1h256.63+0.730%$11K$83212xas long as short
edgeX MRVLUSDCshort+0.0434%4h254.30−0.185%$36K$376K10x