Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against Aster+0.009%99s7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1131.129% of the position

Long on Aster Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.204%+$20 on $10k

Price spread, last 3 days (all we have)−0.061%−$6 · spread now +0.009%, 7d avg +0.001%

Together, before fees+0.143%+ Points / potential airdropAster: Stage 5 · farm board+$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 99 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	Aster MRVLUSDT	259.16	0	get 0.0000% / 8h	25m 59s	$313K	$328K	50x
Short	ApeX Omni MRVLUSDT	259.18	0.0100	get 0.0013% / 1h	25m 59s	$4K	$143K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now +0.009%Rate

Funding earned: $21
Price spread: +0.009% → +0.001%: $0.8
Slippage, 4 orders: −$94.85
Fee Aster: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$91.05
Costs to cover: 1.129%
Break-even: 37.3 days

Slippage from Aster: live order book, 51 min ago; ApeX Omni: live order book, 50 min ago.

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, 51 min ago	2.71 bp	15.8 bp −$16	47.4 bp −$474	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 50 min ago	28.47 bp	39.3 bp −$39	210.9 bp −$2,109	doesn't fit	doesn't fit

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	−0.0026%	8h	259.23	+0.028%	$376K	$170K	50x	as long as short
Aster MRVLUSDTlong	0.0000%	8h	259.16	long leg	$313K	$328K	50x
Bybit MRVLUSDT	0.0000%	8h	259.22	+0.024%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.29	+0.051%	$7.1M	$22.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	259.30	+0.055%	$5.7M	$9.8M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	259.33	+0.067%	$5.6M	$16.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	259.30	+0.053%	$722K	$764K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	259.30	+0.055%	$1K	$6.8M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	259.26	+0.040%	$22K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.34	+0.071%	$131K	$59K	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0018%	1h	259.23	+0.028%	$880	$53K	10x	as long as short
Binance MRVLUSDT	+0.0024%	8h	259.31	+0.061%	$24.3M	$114.6M	50x	as long as short
Extended MRVL-USD	+0.0024%	1h	259.27	+0.044%	$49K	$206K	10x	as long as short
Lighter MRVL	+0.0032%	1h	259.37	+0.082%	$96K	$213K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	259.29	+0.051%	$1.1M	$4.3M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.05	−0.041%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	259.67	+0.198%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.21	+0.021%	$14.6M	$9.2M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.25	+0.036%	$108K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.29	+0.051%	$171	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.14	−0.006%	$587K	$932K	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0056%	8h	259.38	+0.088%	$708	$226K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	258.35	−0.311%	$319K	$767K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0064%	8h	259.27	+0.045%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	259.21	+0.021%	$514K	$68K	20x	as long as short
ApeX Omni MRVLUSDTshort	+0.0100%	1h	259.18	+0.009%	$4K	$143K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.30	+0.055%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.30	+0.055%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0171%	1h	259.27	+0.044%	$88K	$316K	10x	as long as short
Phoenix MRVL	+0.0217%	1h	259.35	+0.075%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.85	+1.039%	$11K	$629	12x	as long as short
edgeX MRVLUSDC	+0.0504%	4h	259.37	+0.082%	$36K	$367K	10x	as long as short