Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.022%

Price spread now: edgeX against Aster−0.081%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$590.586% of the position

Long on Aster Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.195%+$20 on $10k

Price spread, last 4 days (all we have)+0.155%+$15 · spread now −0.081%, 7d avg +0.010%

Together, before fees+0.350%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$35 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: edgeX is 0.091% cheaper against Aster than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MRVLUSDT	261.01	0	get 0.0000% / 8h	5h 10m	$313K	$330K	50x
Short	edgeX MRVLUSDC	260.80	0.0004	get 0.0002% / 4h	1h 10m	$37K	$369K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.081%Rate

Funding earned: $0.83
Price spread: −0.081% → +0.010%: −$9.12
Slippage, 4 orders: −$41.59
Fee Aster: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$66.88
Costs to cover: 0.586%
Break-even: 569.9 days

Slippage from Aster: live order book, 51 min ago; edgeX: live order book, 52 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	3.84 bp	19.1 bp −$19	782.2 bp −$7,822	doesn't fit	doesn't fit
Sell edgeX live order book, 52 min ago	5.38 bp	10.2 bp −$10	14.5 bp −$145	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	−0.0004%	8h	260.94	−0.028%	$378K	$171K	50x	as long as short
Aster MRVLUSDTlong	0.0000%	8h	261.01	long leg	$313K	$330K	50x
Bybit MRVLUSDT	0.0000%	8h	260.99	−0.009%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.10	+0.033%	$7.0M	$22.2M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.10	+0.033%	$5.6M	$8.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	261.11	+0.037%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.96	−0.019%	$718K	$651K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.86	−0.058%	$381	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	261.01	−0.001%	$1K	$6.1M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.65	−0.139%	$131K	$42K	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX MRVLUSDCshort	+0.0004%	4h	260.80	−0.081%	$37K	$369K	10x
Aftermath Perps MRVLUSD	+0.0016%	1h	260.62	−0.149%	$700	$50K	10x	as long as short
Extended MRVL-USD	+0.0024%	1h	261.04	+0.012%	$51K	$347K	10x	as long as short
QFEX MRVL-USD	+0.0026%	1h	260.96	−0.020%	$1.1M	$3.7M	10x	as long as short
Binance MRVLUSDT	+0.0027%	8h	261.11	+0.037%	$24.3M	$107.7M	50x	as long as short
Lighter MRVL	+0.0032%	1h	261.15	+0.053%	$94K	$204K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0032%	1h	259.84	−0.449%	$334K	$630K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.51	−0.193%	$26K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.23	+0.083%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.91	−0.039%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.88	−0.051%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	261.02	+0.003%	$136	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.76	−0.097%	$576K	$694K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	260.91	−0.041%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.01	−0.001%	$515K	$61K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.76	−0.097%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	261.03	+0.007%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	261.03	+0.006%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0117%	1h	260.85	−0.064%	$89K	$275K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0133%	1h	261.03	+0.007%	$23K	$143K	10x	as long as short
Phoenix MRVL	+0.0215%	1h	260.90	−0.043%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.39	+0.911%	$11K	$693	12x	as long as short