Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0100%/8hpaid last 24h +0.006%

Price spread now: Binance against ApeX Omni+0.175%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$860.857% of the position

Long on ApeX Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.154%−$15 on $10k

Price spread, last 1 day (all we have)−0.120%−$12 · spread now +0.175%, 7d avg +0.018%

Together, before fees−0.275%−$27 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.157% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.175% now, against its 7-day average of +0.018%): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MRVLUSDT	260.10	0.0100	pay 0.0013% / 1h	22m 49s	$4K	$143K	50x
Short	Binance MRVLUSDT	260.56	0	get 0.0000% / 8h	4h 22m	$24.7M	$110.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against ApeX Omni. 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 ApeX OmnibpFee BinancebpOrdersPrice spread, now +0.175%Rate

Funding earned: −$21
Price spread: +0.175% → +0.018%: $15.68
Slippage, 4 orders: −$65.69
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$91.01
Costs to cover: 0.857%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 7 min ago; Binance: live order book, 9 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 ApeX Omni live order book, 7 min ago	25.62 bp	35.7 bp −$36	196.6 bp −$1,966	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	0.19 bp	7.7 bp −$8	12.3 bp −$123	35.5 bp −$3,549	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
Aster MRVLUSDT	0.0000%	8h	260.52	+0.163%	$318K	$320K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	260.50	+0.152%	$45K	$190K	10x	as long as short
Binance MRVLUSDTshort	0.0000%	8h	260.56	+0.175%	$24.7M	$110.1M	50x
Bybit MRVLUSDT	0.0000%	8h	260.46	+0.138%	$5.2M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.44	+0.131%	$7.3M	$22.2M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.51	+0.158%	$5.6M	$9.5M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.50	+0.154%	$5.7M	$15.3M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.13	+0.013%	$721K	$757K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.31	+0.080%	$544	$238K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.46	+0.138%	$1K	$7.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	260.48	+0.146%	$19K	$135K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.21	+0.042%	$130K	$76K	50x	as long as short
BloFin MRVL-USDT	+0.0013%	8h	260.53	+0.165%	$392K	$168K	50x	as long as short
QFEX MRVL-USD	+0.0016%	1h	260.32	+0.085%	$1.2M	$3.9M	10x	as long as short
Aftermath Perps MRVLUSD	+0.0032%	1h	259.96	−0.056%	$603	$55K	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.56	+0.177%	$106K	$225K	10x	as long as short
tradeXYZ xyz:MRVL	+0.0033%	1h	260.48	+0.146%	$14.2M	$9.0M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.14	+0.015%	$25K	$30K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.82	+0.277%	—	$38K	25x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.54	+0.169%	$31	$14K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0050%	8h	260.27	+0.065%	—	—	5x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.08	−0.008%	$588K	$928K	10x	as long as short
Polymarket Perps MRVL-USD	+0.0071%	1h	260.54	+0.169%	$107K	$64K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0080%	1h	260.49	+0.150%	$324K	$879K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.48	+0.146%	$518K	$69K	20x	as long as short
ApeX Omni MRVLUSDTlong	+0.0100%	1h	260.10	long leg	$4K	$143K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.49	+0.150%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.44	+0.131%	$18	—	10x	as long as short
Phoenix MRVL	+0.0123%	1h	259.78	−0.123%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	262.55	+0.942%	$11K	$567	12x	as long as short
Nado MRVL-PERP	+0.0342%	1h	260.29	+0.074%	$515K	$69K	10x	as long as short
edgeX MRVLUSDC	+0.0920%	4h	260.29	+0.074%	$36K	$365K	10x	as long as short