Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.031%

Price spread now: GRVT against Arcus+0.224%54s7-day average — · you sell dearer than you buy

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

Long on Arcus Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

The price spread pays, funding is against you. GRVT is 0.224% dearer against Arcus than usual: you sell high and buy low (spread +0.224% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 19 days. The two prices were read 54 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	Arcus MRVL-USD	255.49	0.0040	pay 0.0005% / 1h	56m 28s	$24K	$27K	5x
Short	GRVT MRVL_USDT_Perp	256.06	0	get 0.0000% / 8h	1h 56m	$405	$191K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Arcus. 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 ArcusbpFee GRVTbpOrdersPrice spread, now +0.224%Rate

Funding earned: −$8.46
Price spread: +0.224% → 0.000%: $22.41
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $0.45
Costs to cover: 0.135%
Break-even: from the start

Slippage unknown: Arcus: no order-book sample; GRVT: live order book, 51 min ago. 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 Arcus no order-book sample	—	—	—	—	—
Sell GRVT live order book, 51 min ago	1.37 bp	7.7 bp −$8	15.1 bp −$151	doesn't fit	doesn't fit

Arcus: 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	−0.0700%	8h	255.37	−0.047%	$5.6M	$17.1M	20x	as long as short
BloFin MRVL-USDT	−0.0015%	8h	255.59	+0.039%	$364K	$183K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.22	−0.107%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.23	−0.100%	$46K	$265K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.22	−0.106%	$23.5M	$112.8M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.25	−0.094%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.15	−0.133%	$6.8M	$24.0M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.42	−0.027%	$5.2M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.07	+0.226%	$712K	$484K	—	as long as short
GRVT MRVL_USDT_Perpshort	0.0000%	8h	256.06	+0.224%	$405	$191K	10x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	255.56	+0.027%	$1K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.36	−0.051%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	256.06	+0.223%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	255.72	+0.088%	$595	$47K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	253.60	−0.740%	$318K	$634K	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.35	−0.055%	$88K	$169K	10x	as long as short
QFEX MRVL-USD	+0.0034%	1h	255.25	−0.094%	$1.1M	$3.5M	10x	as long as short
Arcus MRVL-USDlong	+0.0040%	1h	255.49	long leg	$24K	$27K	5x
Vest MRVL-USD-PERP	+0.0046%	1h	255.59	+0.039%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.04	−0.176%	$14.0M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.06	−0.168%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.42	−0.027%	$163	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.80	+0.121%	$564K	$755K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	255.22	−0.105%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0076%	1h	255.31	−0.072%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.99	+0.196%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.52	+0.012%	$2K	$3K	10x	as long as short
KuCoin MRVLUSDTM	+0.0102%	8h	255.53	+0.016%	$506K	$65K	20x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.46	−0.010%	$18	—	10x	as long as short
Phoenix MRVL	+0.0157%	1h	255.84	+0.137%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.37	+1.127%	$11K	$741	12x	as long as short
edgeX MRVLUSDC	+0.0395%	4h	255.81	+0.126%	$36K	$372K	10x	as long as short