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

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0379%/8h= −41.5% APRpaid last 24h −0.095%
Price spread now: ApeX Omni against edgeX−0.079%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1011.012% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 4 days (all we have)−0.113%−$11 · spread now −0.079%, 7d avg −0.007%
Together, before fees−0.092%+ Points / potential airdropedgeX: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and ApeX Omni is 0.072% cheaper against edgeX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MRVLUSDC254.840.0479pay 0.0239% / 4h2h 07m$36K$374K10x
ShortApeX Omni MRVLUSDT254.640.0100get 0.0013% / 1h7m 06s$4K$144K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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
−$79.56
Price spread: −0.079% → −0.007%
−$7.18
Slippage, 4 orders
−$82.18
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$187.92
Costs to cover
1.012%
Break-even
never at this rate
Slippage from edgeX: live order book, 44 min ago; ApeX Omni: live order book, 41 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 edgeX live order book, 44 min ago5.51 bp10.3 bp −$1014.4 bp −$144doesn't fitdoesn't fit
Sell ApeX Omni live order book, 41 min ago30.11 bp39.5 bp −$39216.1 bp −$2,161doesn't fitdoesn't fit

MRVL on 32 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MRVLUSDT0.0000%8h255.85+0.397%$301K$338K50xas long as short
Extended MRVL-USD0.0000%1h256.03+0.466%$46K$300K10xas long as short
Binance MRVLUSDT0.0000%8h256.04+0.469%$23.5M$119.2M50xas long as short
Bybit MRVLUSDT0.0000%8h255.94+0.432%$5.0M$4.2M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h256.33+0.585%$6.9M$25.7M50xas long as short
Gate MRVL_USDT0.0000%8h255.82+0.384%$5.0M$8.6M50xas long as short
Bitget MRVLUSDT0.0000%8h256.38+0.604%$5.5M$18.7M20xas long as short
Variational Omni MRVL0.0000%8h254.89+0.019%$708K$214Kas long as short
SunX MRVL-USDT0.0000%8h255.59+0.294%$2K$5.4M10xas long as short
HTX MRVL-USDT0.0000%8h255.46+0.243%$131K$48K50xas long as short
Show all 32 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MRVL-USDT+0.0005%8h255.65+0.318%$373K$210K50xas long as short
Aftermath Perps MRVLUSD+0.0018%1h254.840.000%$1K$44K10xas long as short
QFEX MRVL-USD+0.0031%1h255.07+0.090%$1.2M$3.5M10xas long as short
Lighter MRVL+0.0032%1h255.93+0.428%$89K$164K10xas long as short
Arcus MRVL-USD+0.0040%1h254.63−0.083%$22K$22K5xas long as short
Vest MRVL-USD-PERP+0.0046%1h255.08+0.094%$51K25xas long as short
Nado MRVL-PERP+0.0048%1h254.88+0.016%$87K$276K10xas long as short
tradeXYZ xyz:MRVL+0.0050%1h255.84+0.392%$14.0M$9.4M10xas long as short
SoDEX MRVL-USD+0.0050%1h255.13+0.114%$194$15K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h254.78−0.024%$539K$863K10xas long as short
Paradex MRVL-USD-PERP+0.0051%8h255.07+0.089%5xas long as short
GRVT MRVL_USDT_Perp+0.0061%8h254.93+0.037%$943$181K10xas long as short
KuCoin MRVLUSDTM+0.0100%8h255.21+0.145%$504K$216K20xas long as short
ApeX Omni MRVLUSDTshort+0.0100%1h254.64−0.079%$4K$144K50x
Orderly PERP_MRVL_USDC_mythos+0.0100%8h255.32+0.188%$2K$2K10xas long as short
Aevo MRVL-PERP+0.0104%1h255.33+0.192%$1810xas long as short
Coinbase International MRVL-PERP-INTX+0.0128%1h254.68−0.063%$316K$485K10xas long as short
Phoenix MRVL+0.0157%1h254.96+0.047%$11K$13K10xas long as short
Polymarket Perps MRVL-USD+0.0197%1h255.38+0.212%$99K$76K10xas long as short
Injective MRVL/USDC PERP+0.0220%1h256.63+0.702%$11K$83212xas long as short
Deribit MRVL_USDC-PERPETUAL+0.0376%1h255.70+0.337%$22K$145K10xas long as short
edgeX MRVLUSDClong+0.0479%4h254.84long leg$36K$374K10x