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

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.07 per $10,000 · paid last 24h +0.019%
Price spread now: Phoenix against ApeX Omni+0.108%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Phoenix is 0.108% dearer against ApeX Omni than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MRVLUSDT259.910.0100pay 0.0013% / 1h36m 17s$4K$141K50x
ShortPhoenix MRVL260.190.0153get 0.0019% / 1h36m 17s$11K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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
$11.12
Price spread: +0.108% → 0.000%
$10.77
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$4.9
Costs to cover
0.170%
Break-even
3.9 days
Slippage unknown: ApeX Omni: live order book, 29 min ago; Phoenix: no order-book sample. 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 ApeX Omni live order book, 29 min ago24.09 bp37.5 bp −$38208.2 bp −$2,082doesn't fitdoesn't fit
Sell Phoenix no order-book sample
Phoenix: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
BloFin MRVL-USDT−0.0023%8h260.60+0.265%$378K$171K50xas long as short
Aster MRVLUSDT0.0000%8h259.54−0.142%$312K$329K50xas long as short
Bybit MRVLUSDT0.0000%8h259.35−0.215%$5.1M$3.9M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h259.49−0.162%$7.0M$22.0M50xas long as short
Gate MRVL_USDT0.0000%8h259.48−0.165%$5.6M$8.7M50xas long as short
GRVT MRVL_USDT_Perp0.0000%8h259.910.000%$982$194K10xas long as short
SunX MRVL-USDT0.0000%8h259.57−0.131%$1K$6.4M10xas long as short
Deribit MRVL_USDC-PERPETUAL0.0000%1h259.39−0.200%$22K$143K10xas long as short
HTX MRVL-USDT0.0000%8h259.86−0.019%$131K$41K50xas long as short
Coinbase International MRVL-PERP-INTX+0.0008%1h259.18−0.281%$333K$636K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps MRVLUSD+0.0013%1h259.84−0.026%$920$51K10xas long as short
Bitget MRVLUSDT+0.0020%8h259.51−0.154%$5.6M$16.3M20xas long as short
QFEX MRVL-USD+0.0023%1h259.37−0.208%$1.1M$3.9M10xas long as short
Variational Omni MRVL+0.0028%8h259.48−0.164%$721K$655Kas long as short
Lighter MRVL+0.0032%1h259.44−0.181%$95K$205K10xas long as short
Arcus MRVL-USD+0.0040%1h259.59−0.123%$25K$26K5xas long as short
Vest MRVL-USD-PERP+0.0046%1h259.79−0.046%$43K25xas long as short
tradeXYZ xyz:MRVL+0.0050%1h259.31−0.231%$14.6M$8.3M10xas long as short
Polymarket Perps MRVL-USD+0.0050%1h259.43−0.185%$104K$77K10xas long as short
SoDEX MRVL-USD+0.0050%1h259.45−0.177%$88$15K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h259.26−0.250%$566K$691K10xas long as short
Paradex MRVL-USD-PERP+0.0051%8h259.36−0.213%5xas long as short
Nado MRVL-PERP+0.0078%1h259.34−0.217%$89K$319K10xas long as short
Binance MRVLUSDT+0.0087%8h259.50−0.159%$24.1M$110.4M50xas long as short
Extended MRVL-USD+0.0088%1h259.43−0.184%$47K$347K10xas long as short
KuCoin MRVLUSDTM+0.0100%8h259.61−0.115%$513K$64K20xas long as short
ApeX Omni MRVLUSDTlong+0.0100%1h259.91long leg$4K$141K50x
Orderly PERP_MRVL_USDC_mythos+0.0100%8h259.51−0.154%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h259.49−0.162%$1810xas long as short
Phoenix MRVLshort+0.0153%1h260.19+0.108%$11K$12K10x
Injective MRVL/USDC PERP+0.0220%1h263.37+1.331%$11K$67612xas long as short
edgeX MRVLUSDC+0.0924%4h259.80−0.042%$37K$370K10xas long as short