Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against Aster−0.065%47s7-day average −0.060% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.138%+$14 on $10k

Price spread, last 4 days (all we have)−0.117%−$12 · spread now −0.065%, 7d avg −0.060%

Together, before fees+0.020%+ Points / potential airdropAster: Stage 5 · Ondo Perps: Active · farm board+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.060%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 47 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	260.83	0	get 0.0000% / 8h	4h 20m	$313K	$331K	50x
Short	Ondo Perps MRVL-USD.P	260.66	0.0050	get 0.0006% / 1h	20m 57s	$576K	$680K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.065%Rate

Funding earned: $10.58
Price spread: −0.065% → −0.060%: −$0.47
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$2.89
Costs to cover: 0.130%
Break-even: 8.9 days

Slippage unknown: Aster: live order book, 36 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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, 36 min ago	2.87 bp	20.2 bp −$20	843.9 bp −$8,439	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	260.83	long leg	$313K	$331K	50x
Extended MRVL-USD	0.0000%	1h	260.57	−0.099%	$47K	$344K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	260.66	−0.065%	$24.2M	$107.7M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.55	−0.107%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.62	−0.080%	$7.0M	$22.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.75	−0.030%	$5.6M	$8.1M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.72	−0.042%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.79	−0.016%	$718K	$635K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.74	−0.035%	$662	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.82	−0.004%	$1K	$6.1M	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	260.76	−0.027%	$131K	$42K	50x	as long as short
BloFin MRVL-USDT	+0.0004%	8h	260.65	−0.069%	$375K	$172K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	260.69	−0.052%	$665	$49K	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.73	−0.038%	$94K	$200K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	260.80	−0.011%	$1.1M	$3.6M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.40	−0.165%	$26K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.11	+0.108%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.54	−0.111%	$14.5M	$8.3M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.63	−0.076%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.68	−0.057%	$104	$15K	10x	as long as short
Ondo Perps MRVL-USD.Pshort	+0.0050%	1h	260.66	−0.065%	$576K	$680K	10x
Paradex MRVL-USD-PERP	+0.0055%	8h	260.76	−0.025%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	259.84	−0.379%	$334K	$628K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.72	−0.042%	$515K	$60K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.53	−0.115%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.73	−0.038%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.72	−0.043%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0127%	1h	260.59	−0.093%	$89K	$272K	10x	as long as short
Phoenix MRVL	+0.0153%	1h	260.75	−0.030%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.30	+0.947%	$11K	$705	12x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0556%	1h	260.75	−0.030%	$23K	$144K	10x	as long as short
edgeX MRVLUSDC	+0.0665%	4h	260.55	−0.107%	$37K	$371K	10x	as long as short