Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: SoDEX against HTX−0.157%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. SoDEX is 0.157% cheaper against HTX than usual: you would sell low and buy high (spread −0.157% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 10 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX MRVL-USDT	261.11	0	get 0.0000% / 8h	6h 56m	$132K	$45K	50x
Short	SoDEX MRVL-USD	260.70	0.0050	get 0.0006% / 1h	56m 31s	$120	$15K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.157%Rate

Funding earned: $10.5
Price spread: −0.157% → 0.000%: −$15.7
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$25.2
Costs to cover: 0.200%
Break-even: 23.8 days

Slippage unknown: HTX: live order book, 10 min ago; SoDEX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 10 min ago	2.49 bp	8.8 bp −$9	17.5 bp −$175	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MRVL-USDT	−0.0019%	8h	260.63	−0.184%	$375K	$170K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	260.83	−0.107%	$314K	$329K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.60	−0.195%	$5.1M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.56	−0.211%	$7.1M	$22.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.78	−0.126%	$5.6M	$8.6M	50x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.69	−0.161%	$978	$6.6M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	260.63	−0.184%	$23K	$143K	10x	as long as short
HTX MRVL-USDTlong	0.0000%	8h	261.11	long leg	$132K	$45K	50x
Coinbase International MRVL-PERP-INTX	+0.0008%	1h	260.67	−0.169%	$335K	$720K	10x	as long as short
Aftermath Perps MRVLUSD	+0.0011%	1h	261.00	−0.043%	$886	$51K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX MRVL-USD	+0.0023%	1h	260.61	−0.191%	$1.1M	$4.1M	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.74	−0.142%	$95K	$205K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.78	−0.126%	$26K	$28K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.01	−0.038%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.58	−0.203%	$14.7M	$8.3M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.60	−0.195%	$104K	$81K	10x	as long as short
SoDEX MRVL-USDshort	+0.0050%	1h	260.70	−0.157%	$120	$15K	10x
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.48	−0.241%	$567K	$909K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	260.70	−0.155%	—	—	5x	as long as short
Variational Omni MRVL	+0.0061%	8h	261.26	+0.059%	$725K	$763K	—	as long as short
Nado MRVL-PERP	+0.0072%	1h	260.70	−0.156%	$89K	$316K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.88	−0.088%	$516K	$67K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.91	−0.077%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.77	−0.130%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.70	−0.156%	$18	—	10x	as long as short
edgeX MRVLUSDC	+0.0105%	4h	261.24	+0.049%	$37K	$368K	10x	as long as short
Extended MRVL-USD	+0.0112%	1h	260.73	−0.146%	$47K	$350K	10x	as long as short
Binance MRVLUSDT	+0.0112%	8h	260.72	−0.151%	$24.2M	$114.2M	50x	as long as short
GRVT MRVL_USDT_Perp	+0.0209%	8h	261.12	+0.004%	$1K	$198K	10x	as long as short
Phoenix MRVL	+0.0216%	1h	261.33	+0.084%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.90	+1.069%	$11K	$672	12x	as long as short
Bitget MRVLUSDT	+0.0234%	8h	260.72	−0.149%	$5.5M	$16.5M	20x	as long as short