Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0160%/8h= −17.5% APRpaid last 24h −0.021%

Price spread now: HTX against Coinbase International−0.522%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$410.411% of the position

Long on Coinbase International Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.452%−$45 on $10k

Price spread, last 4 days (all we have)+0.441%+$44 · spread now −0.522%, 7d avg −0.040%

Together, before fees−0.011%−$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and HTX is 0.482% cheaper against Coinbase International than usual: you would sell low and buy high (−$48 if the spread goes back to its 7-day average of −0.040%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International MRVL-PERP-INTX	256.80	0.0160	pay 0.0020% / 1h	49m 19s	$320K	$427K	10x
Short	HTX MRVL-USDT	255.46	0	get 0.0000% / 8h	4h 49m	$131K	$41K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Coinbase International. 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 Coinbase InternationalbpFee HTXbpOrdersPrice spread, now −0.522%Rate

Funding earned: −$33.6
Price spread: −0.522% → −0.040%: −$48.16
Slippage, 4 orders: −$19.08
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$122.83
Costs to cover: 0.411%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 57 min ago; HTX: live order book, 55 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 Coinbase International live order book, 57 min ago	4.87 bp	11.0 bp −$11	15.0 bp −$150	doesn't fit	doesn't fit
Sell HTX live order book, 55 min ago	2.92 bp	10.2 bp −$10	22.6 bp −$226	doesn't fit	doesn't fit

MRVL on 32 exchanges

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	255.15	−0.641%	$301K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.05	−0.680%	$48K	$346K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.20	−0.624%	$23.7M	$120.9M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.20	−0.623%	$4.9M	$4.3M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	254.93	−0.728%	$6.9M	$26.2M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.08	−0.670%	$4.9M	$8.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	255.09	−0.666%	$5.4M	$19.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	255.63	−0.457%	$711K	$216K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.73	−0.417%	$412	$179K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	255.17	−0.635%	$1K	$5.1M	10x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.14	−0.646%	$22K	$144K	10x	as long as short
HTX MRVL-USDTshort	0.0000%	8h	255.46	−0.522%	$131K	$41K	50x
Aftermath Perps MRVLUSD	+0.0010%	1h	255.55	−0.485%	$1K	$41K	10x	as long as short
BloFin MRVL-USDT	+0.0023%	8h	255.15	−0.643%	$379K	$210K	50x	as long as short
QFEX MRVL-USD	+0.0026%	1h	254.92	−0.732%	$1.2M	$3.4M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.07	−0.674%	$104K	$183K	10x	as long as short
Injective MRVL/USDC PERP	+0.0033%	1h	259.12	+0.903%	$11K	$820	12x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.73	−0.806%	$22K	$20K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.43	−0.533%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	254.89	−0.744%	$14.0M	$9.1M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.20	−0.623%	$153	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.75	−0.798%	$542K	$847K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	254.68	−0.826%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0066%	1h	255.25	−0.603%	$87K	$275K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	255.11	−0.658%	$504K	$305K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.74	−0.413%	$4K	$144K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.11	−0.658%	$2K	$2K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	254.99	−0.705%	$18	—	10x	as long as short
Phoenix MRVL	+0.0125%	1h	255.80	−0.389%	$11K	$13K	10x	as long as short
Coinbase International MRVL-PERP-INTXlong	+0.0160%	1h	256.80	long leg	$320K	$427K	10x
Polymarket Perps MRVL-USD	+0.0260%	1h	255.38	−0.553%	$53K	$151K	10x	as long as short
edgeX MRVLUSDC	+0.0664%	4h	255.65	−0.447%	$36K	$375K	10x	as long as short