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 0.000%

Price spread now: Gate against HTX0.000%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$460.461% of the position

Long on HTX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.245%−$24 on $10k

Price spread, last 4 days (all we have)−0.005%$0 · spread now 0.000%, 7d avg +0.037%

Together, before fees−0.249%−$25 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: Gate is 0.037% cheaper against HTX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX MRVL-USDT	255.23	0	get 0.0000% / 8h	1h 19m	$131K	$47K	50x
Short	Gate MRVL_USDT	255.23	0	get 0.0000% / 8h	1h 19m	$5.1M	$8.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.037%: −$3.69
Slippage, 4 orders: −$19.05
Fee HTX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$49.74
Costs to cover: 0.461%
Break-even: never at this rate

Slippage from HTX: live order book, 22 min ago; Gate: live order book, 4 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, 22 min ago	2.16 bp	8.2 bp −$8	15.4 bp −$154	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	2.54 bp	12.5 bp −$13	36.6 bp −$366	51.4 bp −$5,138	85.6 bp −$42.8K

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
Bitget MRVLUSDT	−0.0781%	8h	255.32	+0.035%	$5.5M	$17.1M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.19	−0.016%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.18	−0.021%	$47K	$270K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.26	+0.011%	$23.5M	$113.8M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.10	−0.051%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.22	−0.004%	$6.8M	$24.5M	50x	as long as short
Gate MRVL_USDTshort	0.0000%	8h	255.23	0.000%	$5.1M	$8.7M	50x
Variational Omni MRVL	0.0000%	8h	255.49	+0.102%	$710K	$472K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.52	+0.114%	$802	$190K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	255.25	+0.008%	$1K	$6.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.18	−0.020%	$22K	$145K	10x	as long as short
HTX MRVL-USDTlong	0.0000%	8h	255.23	long leg	$131K	$47K	50x
BloFin MRVL-USDT	+0.0010%	8h	255.21	−0.008%	$363K	$185K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	255.21	−0.008%	$744	$47K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	254.33	−0.353%	$332K	$650K	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.21	−0.008%	$88K	$169K	10x	as long as short
QFEX MRVL-USD	+0.0034%	1h	255.24	+0.004%	$1.1M	$3.5M	10x	as long as short
Nado MRVL-PERP	+0.0038%	1h	255.15	−0.030%	$87K	$272K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.16	−0.027%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.52	+0.114%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.15	−0.031%	$14.1M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.00	−0.090%	$101K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.23	0.000%	$107	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.57	+0.133%	$551K	$810K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.21	−0.006%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	255.30	+0.027%	$506K	$66K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.48	+0.098%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.22	−0.004%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.21	−0.009%	$18	—	10x	as long as short
edgeX MRVLUSDC	+0.0116%	4h	255.38	+0.059%	$36K	$373K	10x	as long as short
Phoenix MRVL	+0.0156%	1h	255.61	+0.149%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	257.82	+1.015%	$11K	$853	12x	as long as short