Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Bybit against HTX−0.055%7-day average −0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$460.457% of the position

Long on HTX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%$0 on $10k

Price spread, last 3 days (all we have)−0.048%−$5 · spread now −0.055%, 7d avg −0.002%

Together, before fees−0.043%−$4 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: Bybit is 0.053% cheaper against HTX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX MRVL-USDT	256.40	0	get 0.0000% / 8h	3h 32m	$129K	$80K	50x
Short	Bybit MRVLUSDT	256.26	0	get 0.0000% / 8h	3h 32m	$5.1M	$4.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.055%Rate

Funding earned: $0
Price spread: −0.055% → −0.002%: −$5.28
Slippage, 4 orders: −$22.72
Fee HTX: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$51
Costs to cover: 0.457%
Break-even: never at this rate

Slippage from HTX: live order book, 14 min ago; Bybit: live order book, 1 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, 14 min ago	2.92 bp	8.9 bp −$9	15.9 bp −$159	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	0.19 bp	12.9 bp −$13	26.8 bp −$268	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
BloFin MRVL-USDT	−0.0002%	8h	256.37	−0.012%	$381K	$170K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.37	−0.011%	$311K	$329K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.31	−0.037%	$44K	$190K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.35	−0.020%	$23.9M	$114.2M	50x	as long as short
Bybit MRVLUSDTshort	0.0000%	8h	256.26	−0.055%	$5.1M	$4.1M	50x
OKX MRVL-USDT-SWAP	0.0000%	8h	256.33	−0.027%	$7.1M	$22.4M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.33	−0.027%	$5.5M	$9.8M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	256.31	−0.035%	$5.6M	$16.1M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	256.57	+0.066%	$709K	$763K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.54	+0.055%	$390	$246K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	256.39	−0.004%	$2K	$7.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	256.31	−0.035%	$22K	$143K	10x	as long as short
HTX MRVL-USDTlong	0.0000%	8h	256.40	long leg	$129K	$80K	50x
Aftermath Perps MRVLUSD	+0.0008%	1h	256.37	−0.013%	$595	$54K	10x	as long as short
QFEX MRVL-USD	+0.0016%	1h	256.41	+0.004%	$1.1M	$4.1M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.32	−0.031%	$101K	$219K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.18	−0.086%	$25K	$31K	5x	as long as short
edgeX MRVLUSDC	+0.0044%	4h	256.59	+0.075%	$36K	$367K	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.60	+0.078%	—	$41K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.26	−0.055%	$14.0M	$9.3M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	256.31	−0.035%	$149	$14K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0050%	8h	256.48	+0.031%	—	—	5x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.07	−0.129%	$583K	$922K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0080%	1h	256.40	0.000%	$313K	$881K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	256.31	−0.035%	$508K	$72K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.15	−0.098%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.39	−0.004%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.33	−0.026%	$18	—	10x	as long as short
Polymarket Perps MRVL-USD	+0.0128%	1h	256.48	+0.031%	$106K	$64K	10x	as long as short
Phoenix MRVL	+0.0186%	1h	256.43	+0.012%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	260.24	+1.498%	$11K	$602	12x	as long as short
Nado MRVL-PERP	+0.0393%	1h	256.49	+0.034%	$508K	$69K	10x	as long as short