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

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0677%/8h= −74.1% APRpaid last 24h −0.006%
Price spread now: Phoenix against edgeX−0.130%7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Phoenix is 0.130% cheaper against edgeX than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MRVLUSDC258.020.0862pay 0.0431% / 4h3h 42m$36K$373K10x
ShortPhoenix MRVL257.680.0185get 0.0023% / 1h42m 57s$11K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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
−$142.07
Price spread: −0.130% → 0.000%
−$12.99
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$171.06
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 10 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 edgeX live order book, 10 min ago5.41 bp10.2 bp −$1014.5 bp −$145doesn'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−0.0011%8h257.72−0.114%$370K$171K50xas long as short
Aster MRVLUSDT0.0000%8h257.89−0.047%$309K$331K50xas long as short
Extended MRVL-USD0.0000%1h257.78−0.092%$46K$343K10xas long as short
Binance MRVLUSDT0.0000%8h257.85−0.064%$23.7M$108.8M50xas long as short
Bybit MRVLUSDT0.0000%8h257.77−0.095%$5.1M$3.9M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h257.77−0.095%$6.9M$22.6M50xas long as short
Gate MRVL_USDT0.0000%8h257.80−0.083%$5.5M$8.1M50xas long as short
Bitget MRVLUSDT0.0000%8h257.87−0.056%$5.5M$16.2M20xas long as short
Variational Omni MRVL0.0000%8h257.94−0.027%$715K$633Kas long as short
GRVT MRVL_USDT_Perp0.0000%8h257.81−0.078%$820$190K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX MRVL-USDT0.0000%8h257.76−0.099%$1K$6.1M10xas long as short
Deribit MRVL_USDC-PERPETUAL0.0000%1h257.77−0.095%$22K$144K10xas long as short
HTX MRVL-USDT0.0000%8h257.78−0.091%$130K$42K50xas long as short
Aftermath Perps MRVLUSD+0.0019%1h257.95−0.024%$599$49K10xas long as short
QFEX MRVL-USD+0.0025%1h257.66−0.138%$1.1M$3.6M10xas long as short
Lighter MRVL+0.0032%1h257.76−0.099%$89K$203K10xas long as short
Arcus MRVL-USD+0.0040%1h257.64−0.145%$25K$26K5xas long as short
Vest MRVL-USD-PERP+0.0046%1h258.17+0.060%$50K25xas long as short
Nado MRVL-PERP+0.0050%1h257.73−0.110%$88K$272K10xas long as short
tradeXYZ xyz:MRVL+0.0050%1h257.62−0.153%$14.4M$8.4M10xas long as short
Polymarket Perps MRVL-USD+0.0050%1h257.56−0.176%$102K$80K10xas long as short
SoDEX MRVL-USD+0.0050%1h257.74−0.107%$175$15K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h257.52−0.192%$573K$721K10xas long as short
Paradex MRVL-USD-PERP+0.0053%8h257.78−0.092%5xas long as short
Coinbase International MRVL-PERP-INTX+0.0088%1h257.42−0.231%$331K$625K10xas long as short
KuCoin MRVLUSDTM+0.0100%8h258.04+0.010%$510K$61K20xas long as short
ApeX Omni MRVLUSDT+0.0100%1h257.84−0.068%$4K$141K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h257.80−0.083%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h257.82−0.077%$1810xas long as short
Phoenix MRVLshort+0.0185%1h257.68−0.130%$11K$12K10x
Injective MRVL/USDC PERP+0.0220%1h261.65+1.409%$11K$73412xas long as short
edgeX MRVLUSDClong+0.0862%4h258.02long leg$36K$373K10x