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

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0068%/8h= −7.4% APRnext payment $0.09 per $10,000 · paid last 24h −0.020%
Price spread now: Lighter against ApeX Omni+0.012%108s7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$910.906% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.131%−$13 on $10k
Price spread, last 4 days (all we have)−0.125%−$13 · spread now +0.012%, 7d avg −0.032%
Together, before fees−0.256%+ Points / potential airdropLighter: Season 3 · farm board−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.044% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.012% now, against its 7-day average of −0.032%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.1 days. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MRVLUSDT255.110.0100pay 0.0013% / 1h5m 43s$4K$142K50x
ShortLighter MRVL255.140.0032get 0.0004% / 1h5m 43s$88K$167K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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

Funding earned
−$14.28
Price spread: +0.012% → −0.032%
$4.38
Slippage, 4 orders
−$80.62
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$100.52
Costs to cover
0.906%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 30 min ago; Lighter: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 30 min ago22.89 bp33.6 bp −$34200.8 bp −$2,008doesn't fitdoesn't fit
Sell Lighter live order book, 14 min ago2.55 bp3.8 bp −$48.9 bp −$8918.8 bp −$1,876doesn't fit

MRVL on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MRVLUSDT−0.0511%8h255.38+0.106%$5.5M$17.2M20xas long as short
Coinbase International MRVL-PERP-INTX−0.0008%1h255.27+0.063%$335K$652K10xas long as short
Aster MRVLUSDT0.0000%8h255.15+0.016%$301K$341K50xas long as short
Extended MRVL-USD0.0000%1h255.17+0.023%$50K$303K10xas long as short
Binance MRVLUSDT0.0000%8h255.23+0.047%$23.5M$113.8M50xas long as short
Bybit MRVLUSDT0.0000%8h255.10−0.004%$5.0M$4.1M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h255.19+0.031%$6.8M$24.5M50xas long as short
Gate MRVL_USDT0.0000%8h255.22+0.043%$5.1M$8.7M50xas long as short
Variational Omni MRVL0.0000%8h255.16+0.020%$715K$468Kas long as short
GRVT MRVL_USDT_Perp0.0000%8h255.14+0.012%$967$187K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX MRVL-USDT0.0000%8h255.14+0.012%$1K$5.9M10xas long as short
Deribit MRVL_USDC-PERPETUAL0.0000%1h255.110.000%$22K$145K10xas long as short
HTX MRVL-USDT0.0000%8h255.23+0.047%$131K$47K50xas long as short
BloFin MRVL-USDT+0.0011%8h255.15+0.016%$365K$188K50xas long as short
Aftermath Perps MRVLUSD+0.0016%1h255.10−0.004%$592$46K10xas long as short
QFEX MRVL-USD+0.0025%1h255.19+0.031%$1.1M$3.5M10xas long as short
Lighter MRVLshort+0.0032%1h255.14+0.012%$88K$167K10x
Arcus MRVL-USD+0.0040%1h254.98−0.051%$23K$27K5xas long as short
Vest MRVL-USD-PERP+0.0046%1h255.50+0.153%$51K25xas long as short
tradeXYZ xyz:MRVL+0.0050%1h255.10−0.004%$14.1M$9.1M10xas long as short
Polymarket Perps MRVL-USD+0.0050%1h255.08−0.012%$99K$79K10xas long as short
SoDEX MRVL-USD+0.0050%1h255.14+0.012%$158$15K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h255.01−0.039%$539K$847K10xas long as short
Paradex MRVL-USD-PERP+0.0051%8h255.11−0.002%5xas long as short
Nado MRVL-PERP+0.0058%1h255.04−0.027%$87K$272K10xas long as short
KuCoin MRVLUSDTM+0.0100%8h255.07−0.016%$504K$77K20xas long as short
ApeX Omni MRVLUSDTlong+0.0100%1h255.11long leg$4K$142K50x
Orderly PERP_MRVL_USDC_mythos+0.0100%8h255.12+0.004%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h255.06−0.021%$1810xas long as short
Phoenix MRVL+0.0125%1h255.31+0.078%$11K$12K10xas long as short
Injective MRVL/USDC PERP+0.0220%1h258.02+1.141%$11K$82712xas long as short
edgeX MRVLUSDC+0.0298%4h255.15+0.018%$36K$374K10xas long as short