Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%

Price spread now: Bitget against Aster+0.077%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$530.534% of the position

Long on Aster Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.160%+$16 on $10k

Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.077%, 7d avg +0.022%

Together, before fees+0.090%+ Points / potential airdropAster: Stage 5 · farm board+$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.055% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.022%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MRVLUSDT	258.65	0	get 0.0000% / 8h	53m 29s	$312K	$328K	50x
Short	Bitget MRVLUSDT	258.85	0	get 0.0000% / 8h	53m 29s	$5.6M	$16.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.077%Rate

Funding earned: $0
Price spread: +0.077% → +0.022%: $5.52
Slippage, 4 orders: −$33.42
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$47.9
Costs to cover: 0.534%
Break-even: never at this rate

Slippage from Aster: live order book, 23 min ago; Bitget: live order book, 5 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, 23 min ago	2.71 bp	15.8 bp −$16	47.4 bp −$474	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	1.74 bp	9.7 bp −$10	13.5 bp −$135	36.8 bp −$3,681	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	−0.0005%	8h	258.80	+0.058%	$376K	$170K	50x	as long as short
Aster MRVLUSDTlong	0.0000%	8h	258.65	long leg	$312K	$328K	50x
Extended MRVL-USD	0.0000%	1h	258.83	+0.070%	$49K	$206K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	258.93	+0.108%	$24.3M	$114.6M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	258.78	+0.050%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	258.87	+0.085%	$7.1M	$22.4M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	258.87	+0.085%	$5.5M	$9.6M	50x	as long as short
Bitget MRVLUSDTshort	0.0000%	8h	258.85	+0.077%	$5.6M	$16.6M	20x
Variational Omni MRVL	0.0000%	8h	258.56	−0.035%	$718K	$763K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	258.90	+0.097%	$2K	$6.9M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRVL-USDT	0.0000%	8h	258.35	−0.116%	$130K	$80K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	258.62	−0.011%	$600	$53K	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0026%	8h	258.81	+0.062%	$771	$230K	10x	as long as short
Lighter MRVL	+0.0032%	1h	258.88	+0.089%	$95K	$213K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	258.81	+0.062%	$1.1M	$4.3M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	258.51	−0.054%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	259.12	+0.182%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	258.73	+0.031%	$14.6M	$9.3M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	258.86	+0.081%	$109K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	258.75	+0.039%	$207	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	258.28	−0.143%	$591K	$923K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	258.35	−0.116%	$319K	$885K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0065%	8h	258.82	+0.066%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	258.76	+0.043%	$513K	$69K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	258.22	−0.166%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	258.70	+0.019%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	258.68	+0.012%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0178%	1h	258.64	−0.002%	$87K	$316K	10x	as long as short
Phoenix MRVL	+0.0217%	1h	258.72	+0.027%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.07	+0.936%	$11K	$613	12x	as long as short
edgeX MRVLUSDC	+0.0620%	4h	258.79	+0.054%	$36K	$368K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0717%	1h	258.81	+0.062%	$22K	$143K	10x	as long as short