Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.035%

Price spread now: Deribit against Aster+0.050%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$620.620% of the position

Long on Aster Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.116%+$12 on $10k

Price spread, last 3 days (all we have)−0.119%−$12 · spread now +0.050%, 7d avg −0.019%

Together, before fees−0.003%+ Points / potential airdropAster: Stage 5 · farm board$0 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: Deribit is 0.069% dearer against Aster than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MRVLUSDT	261.18	0	get 0.0000% / 8h	7h 06m	$314K	$329K	50x
Short	Deribit MRVL_USDC-PERPETUAL	261.31	0	get 0.0000% / 1h	6m 15s	$23K	$143K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.050%Rate

Funding earned: $0
Price spread: +0.050% → −0.019%: $6.91
Slippage, 4 orders: −$46.97
Fee Aster: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$55.06
Costs to cover: 0.620%
Break-even: never at this rate

Slippage from Aster: live order book, 66 min ago; Deribit: live order book, 2 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, 66 min ago	2.89 bp	20.3 bp −$20	903.7 bp −$9,037	doesn't fit	doesn't fit
Sell Deribit live order book, 2 min ago	5.93 bp	11.0 bp −$11	12.7 bp −$127	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
Aster MRVLUSDTlong	0.0000%	8h	261.18	long leg	$314K	$329K	50x
Bybit MRVLUSDT	0.0000%	8h	261.41	+0.088%	$5.1M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.49	+0.119%	$7.1M	$22.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.41	+0.088%	$5.7M	$9.6M	50x	as long as short
SunX MRVL-USDT	0.0000%	8h	261.53	+0.134%	$1K	$6.6M	10x	as long as short
Deribit MRVL_USDC-PERPETUALshort	0.0000%	1h	261.31	+0.050%	$23K	$143K	10x
HTX MRVL-USDT	0.0000%	8h	261.31	+0.050%	$132K	$45K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0012%	1h	261.38	+0.075%	$888	$51K	10x	as long as short
BloFin MRVL-USDT	+0.0014%	8h	261.33	+0.058%	$377K	$171K	50x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	260.67	−0.195%	$335K	$720K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX MRVL-USD	+0.0027%	1h	261.40	+0.084%	$1.1M	$4.1M	10x	as long as short
Lighter MRVL	+0.0032%	1h	261.42	+0.092%	$96K	$209K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	261.18	0.000%	$26K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.88	+0.268%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	261.37	+0.073%	$14.8M	$8.2M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	261.47	+0.111%	$105K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	261.48	+0.115%	$58	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	261.13	−0.019%	$569K	$929K	10x	as long as short
Variational Omni MRVL	+0.0051%	8h	261.53	+0.133%	$725K	$764K	—	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	261.40	+0.083%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0090%	1h	261.33	+0.056%	$89K	$320K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.57	+0.150%	$518K	$67K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	261.16	−0.007%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	261.40	+0.084%	$2K	$3K	10x	as long as short
Extended MRVL-USD	+0.0104%	1h	261.43	+0.097%	$47K	$345K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	261.38	+0.077%	$18	—	10x	as long as short
Binance MRVLUSDT	+0.0107%	8h	261.50	+0.122%	$24.3M	$114.5M	50x	as long as short
GRVT MRVL_USDT_Perp	+0.0194%	8h	261.29	+0.042%	$1K	$198K	10x	as long as short
Phoenix MRVL	+0.0216%	1h	261.50	+0.123%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	264.15	+1.137%	$11K	$661	12x	as long as short
Bitget MRVLUSDT	+0.0257%	8h	261.46	+0.107%	$5.6M	$16.5M	20x	as long as short
edgeX MRVLUSDC	+0.0792%	4h	261.27	+0.035%	$37K	$369K	10x	as long as short