Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%

Price spread now: GRVT against Aster+0.222%80s7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as 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−$590.590% of the position

Long on Aster Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 4 days (all we have)−0.143%−$14 · spread now +0.222%, 7d avg +0.027%

Together, before fees−0.092%+ Points / potential airdropAster: Stage 5 · GRVT: Active · 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: GRVT is 0.195% dearer against Aster than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.027%. The two prices were read 80 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	255.24	0	get 0.0000% / 8h	3h 02m	$300K	$339K	50x
Short	GRVT MRVL_USDT_Perp	255.81	0	get 0.0000% / 8h	3h 02m	$225	$190K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.222%Rate

Funding earned: $0
Price spread: +0.222% → +0.027%: $19.52
Slippage, 4 orders: −$42.05
Fee Aster: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$39.53
Costs to cover: 0.590%
Break-even: never at this rate

Slippage from Aster: live order book, 50 min ago; GRVT: 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, 50 min ago	2.71 bp	21.0 bp −$21	158.6 bp −$1,586	doesn't fit	doesn't fit
Sell GRVT live order book, 50 min ago	1.35 bp	10.0 bp −$10	19.1 bp −$191	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
Bitget MRVLUSDT	−0.0512%	8h	255.26	+0.008%	$5.5M	$16.5M	20x	as long as short
Deribit MRVL_USDC-PERPETUAL	−0.0024%	1h	255.03	−0.082%	$22K	$144K	10x	as long as short
BloFin MRVL-USDT	−0.0021%	8h	255.27	+0.012%	$366K	$175K	50x	as long as short
Aster MRVLUSDTlong	0.0000%	8h	255.24	long leg	$300K	$339K	50x
Extended MRVL-USD	0.0000%	1h	255.08	−0.064%	$49K	$269K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.16	−0.031%	$23.4M	$110.1M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.09	−0.058%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.04	−0.078%	$6.8M	$22.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.19	−0.019%	$5.4M	$8.3M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.96	+0.283%	$710K	$502K	—	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MRVL_USDT_Perpshort	0.0000%	8h	255.81	+0.222%	$225	$190K	10x
SunX MRVL-USDT	0.0000%	8h	255.27	+0.012%	$1K	$6.0M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.72	+0.189%	$129K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0021%	1h	255.51	+0.108%	$627	$48K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.22	−0.007%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.08	−0.062%	$88K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.36	+0.048%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.57	+0.130%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.12	−0.047%	$14.0M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.03	−0.082%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.16	−0.031%	$148	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.67	+0.169%	$547K	$758K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.29	+0.019%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.30	+0.024%	$321K	$633K	10x	as long as short
Nado MRVL-PERP	+0.0092%	1h	255.35	+0.042%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.74	+0.196%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.15	−0.035%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.12	−0.045%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0108%	8h	255.35	+0.044%	$504K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	255.88	+0.251%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.512%	$11K	$734	12x	as long as short
edgeX MRVLUSDC	+0.0986%	4h	255.72	+0.188%	$36K	$373K	10x	as long as short