Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: Bitget against HTX−0.027%7-day average +0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$380.377% of the position

Long on HTX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.152%+$15 on $10k

Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.027%, 7d avg +0.044%

Together, before fees+0.105%+$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.071% cheaper against HTX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX MRVL-USDT	260.25	0	get 0.0000% / 8h	5h 28m	$131K	$42K	50x
Short	Bitget MRVLUSDT	260.18	0	get 0.0000% / 8h	5h 28m	$5.5M	$16.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against HTX. 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 HTXbpFee BitgetbpOrdersPrice spread, now −0.027%Rate

Funding earned: $0
Price spread: −0.027% → +0.044%: −$7.07
Slippage, 4 orders: −$13.74
Fee HTX: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$44.82
Costs to cover: 0.377%
Break-even: never at this rate

Slippage from HTX: live order book, 32 min ago; Bitget: live order book, 5 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 HTX live order book, 32 min ago	2.50 bp	8.5 bp −$8	16.2 bp −$162	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	2.11 bp	10.1 bp −$10	13.8 bp −$138	33.0 bp −$3,296	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
BloFin MRVL-USDT	−0.0023%	8h	260.28	+0.012%	$376K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	260.18	−0.026%	$312K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.00	−0.096%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.94	−0.119%	$7.0M	$22.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.13	−0.046%	$5.6M	$8.4M	50x	as long as short
Bitget MRVLUSDTshort	0.0000%	8h	260.18	−0.027%	$5.5M	$16.0M	20x
Variational Omni MRVL	0.0000%	8h	260.58	+0.127%	$717K	$653K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.64	+0.149%	$842	$188K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.31	+0.023%	$2K	$6.1M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	260.24	−0.004%	$23K	$143K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRVL-USDTlong	0.0000%	8h	260.25	long leg	$131K	$42K	50x
Aftermath Perps MRVLUSD	+0.0015%	1h	260.27	+0.008%	$884	$50K	10x	as long as short
QFEX MRVL-USD	+0.0026%	1h	260.36	+0.042%	$1.1M	$3.7M	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.15	−0.038%	$94K	$204K	10x	as long as short
Extended MRVL-USD	+0.0032%	1h	259.97	−0.109%	$51K	$353K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0032%	1h	259.84	−0.158%	$334K	$630K	10x	as long as short
Binance MRVLUSDT	+0.0034%	8h	260.06	−0.073%	$24.2M	$108.0M	50x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.16	−0.035%	$25K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.74	+0.188%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.97	−0.108%	$14.5M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.23	−0.008%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.23	−0.008%	$156	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.02	−0.088%	$578K	$678K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	260.24	−0.003%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.30	+0.019%	$514K	$62K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.43	+0.069%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.34	+0.035%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.27	+0.009%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0121%	1h	260.24	−0.002%	$89K	$274K	10x	as long as short
Phoenix MRVL	+0.0215%	1h	260.46	+0.081%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.39	+1.207%	$11K	$693	12x	as long as short
edgeX MRVLUSDC	+0.0317%	4h	260.37	+0.045%	$37K	$372K	10x	as long as short