Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.009%

Price spread now: tradeXYZ against Bitget−0.074%7-day average −0.103% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$400.395% of the position

Long on Bitget Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.043%−$4 on $10k

Price spread, last 7 days−0.022%−$2 · spread now −0.074%, 7d avg −0.103%

Together, before fees−0.065%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.029% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.103%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MRVLUSDT	256.73	0	get 0.0000% / 8h	3h 38m	$5.5M	$16.2M	20x
Short	tradeXYZ xyz:MRVL	256.54	0.0050	get 0.0006% / 1h	38m 21s	$14.4M	$8.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Bitget. 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 BitgetbpFee tradeXYZbpOrdersPrice spread, now −0.074%Rate

Funding earned: $10.5
Price spread: −0.074% → −0.103%: $2.86
Slippage, 4 orders: −$9.54
Fee Bitget: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$26.18
Costs to cover: 0.395%
Break-even: 24.5 days

Slippage from Bitget: live order book, 5 min ago; tradeXYZ: live order book, 11 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 Bitget live order book, 5 min ago	1.75 bp	9.9 bp −$10	12.9 bp −$129	40.9 bp −$4,093	doesn't fit
Sell tradeXYZ live order book, 11 min ago	0.39 bp	9.4 bp −$9	11.3 bp −$113	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
Aster MRVLUSDT	0.0000%	8h	256.73	−0.001%	$308K	$332K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.60	−0.051%	$46K	$343K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.59	−0.055%	$23.6M	$109.0M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.55	−0.070%	$5.1M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.61	−0.047%	$6.8M	$22.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.76	+0.012%	$5.5M	$8.1M	50x	as long as short
Bitget MRVLUSDTlong	0.0000%	8h	256.73	long leg	$5.5M	$16.2M	20x
Variational Omni MRVL	0.0000%	8h	257.34	+0.240%	$714K	$631K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	257.32	+0.230%	$818	$190K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	256.76	+0.012%	$1K	$6.1M	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	256.53	−0.078%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	256.94	+0.082%	$130K	$42K	50x	as long as short
BloFin MRVL-USDT	+0.0012%	8h	256.73	0.000%	$369K	$171K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	257.36	+0.247%	$597	$49K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	256.70	−0.012%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.56	−0.066%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.98	+0.097%	$25K	$26K	5x	as long as short
Nado MRVL-PERP	+0.0041%	1h	256.75	+0.008%	$88K	$272K	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	257.02	+0.113%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVLshort	+0.0050%	1h	256.54	−0.074%	$14.4M	$8.4M	10x
Polymarket Perps MRVL-USD	+0.0050%	1h	256.51	−0.086%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	256.66	−0.027%	$190	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.12	−0.238%	$573K	$718K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	256.73	−0.002%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	256.54	−0.074%	$329K	$623K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	256.96	+0.090%	$508K	$60K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	257.78	+0.409%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.63	−0.039%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.59	−0.056%	$18	—	10x	as long as short
Phoenix MRVL	+0.0185%	1h	257.70	+0.378%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+1.916%	$11K	$734	12x	as long as short
edgeX MRVLUSDC	+0.0222%	4h	257.39	+0.258%	$36K	$371K	10x	as long as short