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

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0075%/8h= +8.3% APRnext payment +$0.09 per $10,000 · paid last 24h +0.018%
Price spread now: ApeX Omni against QFEX+0.031%7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$930.932% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.082%+$8 on $10k
Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.031%, 7d avg +0.008%
Together, before fees+0.013%+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.024% dearer against QFEX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX MRVL-USD255.660.0025pay 0.0003% / 1h5m 19s$1.1M$3.6M10x
ShortApeX Omni MRVLUSDT255.740.0100get 0.0013% / 1h5m 19s$4K$140K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against QFEX. 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
$15.84
Price spread: +0.031% → +0.008%
$2.36
Slippage, 4 orders
−$73.22
Fee QFEX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$75.02
Costs to cover
0.932%
Break-even
40.1 days
Slippage from QFEX: live order book, 3 min ago; ApeX Omni: live order book, 45 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 3 min ago1.76 bp6.8 bp −$78.1 bp −$81doesn't fitdoesn't fit
Sell ApeX Omni live order book, 45 min ago27.89 bp41.0 bp −$41211.6 bp −$2,116doesn't fitdoesn't fit

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
Bitget MRVLUSDT−0.0474%8h255.84+0.070%$5.5M$16.4M20xas long as short
BloFin MRVL-USDT−0.0027%8h255.68+0.008%$367K$175K50xas long as short
Aster MRVLUSDT0.0000%8h255.78+0.046%$301K$339K50xas long as short
Extended MRVL-USD0.0000%1h255.61−0.018%$49K$269K10xas long as short
Binance MRVLUSDT0.0000%8h255.68+0.008%$23.5M$110.0M50xas long as short
Bybit MRVLUSDT0.0000%8h255.57−0.035%$5.0M$3.9M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h255.60−0.023%$6.8M$22.8M50xas long as short
Gate MRVL_USDT0.0000%8h255.70+0.016%$5.4M$8.3M50xas long as short
Variational Omni MRVL0.0000%8h255.96+0.117%$710K$502Kas long as short
GRVT MRVL_USDT_Perp0.0000%8h255.39−0.106%$243$191K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX MRVL-USDT0.0000%8h255.660.000%$1K$6.0M10xas long as short
Deribit MRVL_USDC-PERPETUAL0.0000%1h255.63−0.012%$22K$144K10xas long as short
HTX MRVL-USDT0.0000%8h255.72+0.023%$129K$42K50xas long as short
Aftermath Perps MRVLUSD+0.0022%1h255.60−0.022%$627$49K10xas long as short
QFEX MRVL-USDlong+0.0025%1h255.66long leg$1.1M$3.6M10x
Lighter MRVL+0.0032%1h255.76+0.039%$88K$203K10xas long as short
Arcus MRVL-USD+0.0040%1h255.42−0.094%$24K$27K5xas long as short
Vest MRVL-USD-PERP+0.0046%1h255.95+0.113%$50K25xas long as short
tradeXYZ xyz:MRVL+0.0050%1h255.60−0.023%$14.1M$8.7M10xas long as short
Polymarket Perps MRVL-USD+0.0050%1h255.59−0.027%$101K$80K10xas long as short
SoDEX MRVL-USD+0.0050%1h255.59−0.027%$138$15K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h255.69+0.012%$547K$727K10xas long as short
Paradex MRVL-USD-PERP+0.0051%8h255.65−0.006%5xas long as short
edgeX MRVLUSDC+0.0087%4h255.33−0.128%$36K$372K10xas long as short
Coinbase International MRVL-PERP-INTX+0.0088%1h255.30−0.141%$321K$633K10xas long as short
Nado MRVL-PERP+0.0094%1h255.67+0.002%$87K$272K10xas long as short
ApeX Omni MRVLUSDTshort+0.0100%1h255.74+0.031%$4K$140K50x
Orderly PERP_MRVL_USDC_mythos+0.0100%8h255.68+0.008%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h255.63−0.011%$1810xas long as short
KuCoin MRVLUSDTM+0.0111%8h255.89+0.090%$506K$62K20xas long as short
Phoenix MRVL+0.0185%1h255.88+0.086%$11K$12K10xas long as short
Injective MRVL/USDC PERP+0.0220%1h261.65+2.343%$11K$73412xas long as short