Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h +0.018%

Price spread now: Extended against Aster+0.015%7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$550.552% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.060%+$6 on $10k

Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.015%, 7d avg −0.012%

Together, before fees−0.007%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$1 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: Extended is 0.026% dearer against Aster than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MRVLUSDT	260.89	0	get 0.0000% / 8h	4h 44m	$313K	$330K	50x
Short	Extended MRVL-USD	260.92	0.0008	get 0.0001% / 1h	44m 36s	$47K	$347K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.015%Rate

Funding earned: $1.68
Price spread: +0.015% → −0.012%: $2.64
Slippage, 4 orders: −$42.15
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$50.84
Costs to cover: 0.552%
Break-even: 218.8 days

Slippage from Aster: live order book, 12 min ago; Extended: live order book, 13 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, 12 min ago	2.87 bp	20.2 bp −$20	843.9 bp −$8,439	doesn't fit	doesn't fit
Sell Extended live order book, 13 min ago	0.96 bp	6.9 bp −$7	96.1 bp −$961	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	−0.0024%	8h	260.84	−0.017%	$376K	$172K	50x	as long as short
Aster MRVLUSDTlong	0.0000%	8h	260.89	long leg	$313K	$330K	50x
Bybit MRVLUSDT	0.0000%	8h	260.86	−0.010%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.02	+0.052%	$7.0M	$22.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.01	+0.048%	$5.6M	$8.1M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	261.01	+0.048%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.84	−0.019%	$718K	$643K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.83	−0.023%	$595	$188K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.86	−0.010%	$1K	$6.1M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	260.80	−0.033%	$23K	$144K	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	260.79	−0.036%	$131K	$42K	50x	as long as short
Extended MRVL-USDshort	+0.0008%	1h	260.92	+0.015%	$47K	$347K	10x
Binance MRVLUSDT	+0.0010%	8h	261.02	+0.050%	$24.3M	$107.7M	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	260.81	−0.029%	$676	$50K	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.90	+0.006%	$94K	$200K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	260.98	+0.036%	$1.1M	$3.6M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.66	−0.086%	$26K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.39	+0.194%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.88	−0.002%	$14.6M	$8.3M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.93	+0.017%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.87	−0.006%	$130	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.74	−0.056%	$576K	$680K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	260.83	−0.020%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	259.84	−0.401%	$334K	$629K	10x	as long as short
Nado MRVL-PERP	+0.0089%	1h	260.77	−0.043%	$89K	$272K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.07	+0.071%	$516K	$60K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	261.02	+0.052%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.90	+0.006%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.84	−0.017%	$18	—	10x	as long as short
Phoenix MRVL	+0.0153%	1h	260.92	+0.013%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.69	+1.075%	$11K	$700	12x	as long as short
edgeX MRVLUSDC	+0.0293%	4h	260.89	+0.001%	$37K	$373K	10x	as long as short