Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h +0.013%

Price spread now: Aftermath Perps against Aster−0.053%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Aftermath Perps

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aftermath Perps is 0.053% cheaper against Aster than usual: you would sell low and buy high (spread −0.053% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 16 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MRVLUSDT	257.13	0	get 0.0000% / 8h	2h 25m	$310K	$331K	50x
Short	Aftermath Perps MRVLUSD	256.99	0.0011	get 0.0001% / 1h	25m 43s	$656	$54K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Aster. 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 AsterbpFee Aftermath PerpsbpOrdersPrice spread, now −0.053%Rate

Funding earned: $2.39
Price spread: −0.053% → 0.000%: −$5.33
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$19.94
Costs to cover: 0.170%
Break-even: 65.5 days

Slippage unknown: Aster: live order book, 61 min ago; Aftermath Perps: 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 Aster live order book, 61 min ago	2.73 bp	15.7 bp −$16	475.9 bp −$4,759	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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
Aster MRVLUSDTlong	0.0000%	8h	257.13	long leg	$310K	$331K	50x
Extended MRVL-USD	0.0000%	1h	257.28	+0.059%	$44K	$190K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	257.33	+0.078%	$24.0M	$115.1M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	257.18	+0.019%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	257.25	+0.047%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	257.32	+0.074%	$5.5M	$9.9M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	257.27	+0.054%	$5.6M	$16.3M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	257.12	−0.003%	$710K	$760K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	257.08	−0.021%	$617	$249K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	257.26	+0.051%	$2K	$7.0M	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	257.09	−0.016%	$22K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	257.09	−0.016%	$130K	$81K	50x	as long as short
BloFin MRVL-USDT	+0.0010%	8h	257.12	−0.004%	$376K	$172K	50x	as long as short
Aftermath Perps MRVLUSDshort	+0.0011%	1h	256.99	−0.053%	$656	$54K	10x
Lighter MRVL	+0.0032%	1h	257.35	+0.086%	$91K	$219K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.89	−0.093%	$25K	$30K	5x	as long as short
QFEX MRVL-USD	+0.0043%	1h	257.13	0.000%	$1.1M	$4.2M	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	257.25	+0.047%	—	$41K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	257.13	0.000%	$14.1M	$9.4M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	257.23	+0.039%	$319	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	257.03	−0.039%	$585K	$926K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0060%	8h	257.13	0.000%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	257.08	−0.019%	$510K	$72K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.89	−0.093%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	257.26	+0.051%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	257.22	+0.036%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0112%	1h	257.17	+0.016%	$314K	$884K	10x	as long as short
Polymarket Perps MRVL-USD	+0.0124%	1h	257.34	+0.082%	$106K	$64K	10x	as long as short
Phoenix MRVL	+0.0156%	1h	257.11	−0.008%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	259.72	+1.007%	$11K	$609	12x	as long as short
Nado MRVL-PERP	+0.0457%	1h	257.02	−0.043%	$509K	$66K	10x	as long as short
edgeX MRVLUSDC	+0.0852%	4h	257.12	−0.004%	$36K	$369K	10x	as long as short