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 +0.034%

Price spread now: OKX against Aster+0.089%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$500.500% of the position

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.089%, 7d avg −0.003%

Together, before fees−0.018%+ Points / potential airdropAster: Stage 5 · farm board−$2 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: OKX is 0.091% dearer against Aster than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MRVLUSDT	259.15	0	get 0.0000% / 8h	25m 40s	$313K	$328K	50x
Short	OKX MRVL-USDT-SWAP	259.38	0	get 0.0000% / 8h	25m 40s	$7.1M	$22.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.089%Rate

Funding earned: $0
Price spread: +0.089% → −0.003%: $9.13
Slippage, 4 orders: −$32.05
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$40.91
Costs to cover: 0.500%
Break-even: never at this rate

Slippage from Aster: live order book, 51 min ago; OKX: live order book, 3 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	2.71 bp	15.8 bp −$16	47.4 bp −$474	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.19 bp	7.5 bp −$7	14.8 bp −$148	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	−0.0026%	8h	259.23	+0.031%	$376K	$170K	50x	as long as short
Aster MRVLUSDTlong	0.0000%	8h	259.15	long leg	$313K	$328K	50x
Bybit MRVLUSDT	0.0000%	8h	259.31	+0.062%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAPshort	0.0000%	8h	259.38	+0.089%	$7.1M	$22.6M	50x
Gate MRVL_USDT	0.0000%	8h	259.30	+0.058%	$5.7M	$9.8M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	259.32	+0.065%	$5.6M	$16.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	259.30	+0.056%	$722K	$764K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	259.30	+0.058%	$1K	$6.8M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	259.26	+0.042%	$22K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.34	+0.073%	$131K	$59K	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0018%	1h	259.23	+0.031%	$880	$53K	10x	as long as short
Extended MRVL-USD	+0.0024%	1h	259.27	+0.047%	$49K	$206K	10x	as long as short
Binance MRVLUSDT	+0.0025%	8h	259.39	+0.092%	$24.3M	$114.6M	50x	as long as short
Lighter MRVL	+0.0032%	1h	259.47	+0.123%	$96K	$213K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	259.29	+0.054%	$1.1M	$4.3M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.05	−0.039%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	259.67	+0.201%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.23	+0.031%	$14.6M	$9.2M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.25	+0.038%	$108K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.29	+0.054%	$171	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.14	−0.004%	$587K	$932K	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0056%	8h	259.38	+0.090%	$708	$226K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	258.35	−0.309%	$319K	$767K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0064%	8h	259.27	+0.048%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	259.21	+0.023%	$514K	$68K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	259.18	+0.011%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.30	+0.058%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.30	+0.057%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0171%	1h	259.27	+0.047%	$88K	$316K	10x	as long as short
Phoenix MRVL	+0.0217%	1h	259.35	+0.077%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.85	+1.042%	$11K	$629	12x	as long as short
edgeX MRVLUSDC	+0.0504%	4h	259.37	+0.084%	$36K	$367K	10x	as long as short