Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0047%/8h= −5.1% APRpaid last 24h —

Price spread now: Paradex against ApeX Omni−0.218%50s7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Paradex is 0.218% cheaper against ApeX Omni than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MRVLUSDT	256.16	0.0100	pay 0.0013% / 1h	4m 30s	$4K	$139K	50x
Short	Paradex MRVL-USD-PERP	255.60	0.0053	get 0.0053% / 8h	2h 04m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against ApeX Omni. 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 ApeX OmnibpFee ParadexbpOrdersPrice spread, now −0.218%Rate

Funding earned: −$9.85
Price spread: −0.218% → 0.000%: −$21.83
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$45.68
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 41 min ago; Paradex: 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 ApeX Omni live order book, 41 min ago	24.19 bp	39.7 bp −$40	201.8 bp −$2,018	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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
Bitget MRVLUSDT	−0.0761%	8h	255.82	−0.133%	$5.6M	$17.0M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.78	−0.147%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.70	−0.181%	$46K	$265K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.79	−0.146%	$23.6M	$112.5M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.70	−0.180%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.87	−0.113%	$6.8M	$23.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.69	−0.183%	$5.2M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.06	−0.039%	$712K	$485K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.19	+0.012%	$648	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	255.88	−0.109%	$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	255.79	−0.144%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	256.08	−0.031%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	255.80	−0.142%	$632	$48K	10x	as long as short
BloFin MRVL-USDT	+0.0028%	8h	255.74	−0.164%	$361K	$182K	50x	as long as short
QFEX MRVL-USD	+0.0030%	1h	255.76	−0.156%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.66	−0.195%	$88K	$202K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.74	−0.164%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.13	−0.012%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.59	−0.223%	$14.1M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.68	−0.187%	$101K	$80K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.47	−0.269%	$566K	$753K	10x	as long as short
Paradex MRVL-USD-PERPshort	+0.0053%	8h	255.60	−0.218%	—	—	5x
Nado MRVL-PERP	+0.0091%	1h	255.61	−0.214%	$87K	$272K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	253.60	−0.999%	$318K	$634K	10x	as long as short
ApeX Omni MRVLUSDTlong	+0.0100%	1h	256.16	long leg	$4K	$139K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.94	−0.086%	$2K	$3K	10x	as long as short
KuCoin MRVLUSDTM	+0.0104%	8h	255.92	−0.094%	$506K	$64K	20x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.86	−0.118%	$18	—	10x	as long as short
SoDEX MRVL-USD	+0.0131%	1h	255.79	−0.144%	$169	$15K	10x	as long as short
Phoenix MRVL	+0.0157%	1h	256.41	+0.098%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+0.968%	$11K	$735	12x	as long as short
edgeX MRVLUSDC	+0.0334%	4h	256.17	+0.003%	$36K	$374K	10x	as long as short