Settings8H · net · $10k
Funding arb · Price arb /

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0127%/8h= +14.0% APRpaid last 24h +0.102%
Price spread now: Nado against Binance−0.077%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$610.609% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.440%+$44 on $10k
Price spread, last 4 days (all we have)−0.663%−$66 · spread now −0.077%, 7d avg −0.051%
Together, before fees−0.223%+ Points / potential airdropNado: Active · farm board−$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.026% cheaper against Binance than usual: you would sell low and buy high (spread −0.077% now, against its 7-day average of −0.051%). If the spread goes back, that is −$3 on $10k: about 16 hours of funding at the current rate (+$4 a day). At the pace of the last 3 days (+0.440% in total) that is about 5 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MRVLUSDT260.440get 0.0000% / 8h4h 16m$24.1M$107.7M50x
ShortNado MRVL-PERP260.240.0127get 0.0016% / 1h16m 49s$89K$272K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Binance. 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

Funding earned
$26.76
Price spread: −0.077% → −0.051%
−$2.6
Slippage, 4 orders
−$43.89
Fee Binance: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$36.74
Costs to cover
0.609%
Break-even
16.6 days
Slippage from Binance: live order book, 11 min ago; Nado: live order book, 41 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 11 min ago0.19 bp6.9 bp −$712.1 bp −$12158.4 bp −$5,841doesn't fit
Sell Nado live order book, 41 min ago8.43 bp25.6 bp −$2639.8 bp −$398doesn't fitdoesn't fit

MRVL on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MRVL-USDT−0.0023%8h260.36−0.031%$374K$172K50xas long as short
Aster MRVLUSDT0.0000%8h260.48+0.014%$313K$331K50xas long as short
Extended MRVL-USD0.0000%1h260.39−0.019%$47K$345K10xas long as short
Binance MRVLUSDTlong0.0000%8h260.44long leg$24.1M$107.7M50x
Bybit MRVLUSDT0.0000%8h260.30−0.054%$5.1M$3.8M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h260.37−0.027%$7.0M$22.3M50xas long as short
Gate MRVL_USDT0.0000%8h260.43−0.004%$5.6M$8.1M50xas long as short
Bitget MRVLUSDT0.0000%8h260.43−0.004%$5.6M$16.0M20xas long as short
Variational Omni MRVL0.0000%8h260.79+0.133%$718K$635Kas long as short
GRVT MRVL_USDT_Perp0.0000%8h260.55+0.042%$662$189K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX MRVL-USDT0.0000%8h260.31−0.050%$1K$6.1M10xas long as short
Deribit MRVL_USDC-PERPETUAL0.0000%1h260.19−0.096%$23K$144K10xas long as short
HTX MRVL-USDT0.0000%8h260.36−0.031%$131K$42K50xas long as short
Aftermath Perps MRVLUSD+0.0020%1h260.34−0.038%$604$49K10xas long as short
Lighter MRVL+0.0032%1h260.29−0.058%$94K$200K10xas long as short
QFEX MRVL-USD+0.0038%1h260.33−0.042%$1.1M$3.6M10xas long as short
Arcus MRVL-USD+0.0040%1h260.28−0.061%$26K$26K5xas long as short
Vest MRVL-USD-PERP+0.0046%1h260.70+0.100%$49K25xas long as short
tradeXYZ xyz:MRVL+0.0050%1h260.25−0.073%$14.6M$8.4M10xas long as short
Polymarket Perps MRVL-USD+0.0050%1h260.12−0.123%$104K$79K10xas long as short
SoDEX MRVL-USD+0.0050%1h260.29−0.058%$115$15K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h260.26−0.069%$576K$679K10xas long as short
Paradex MRVL-USD-PERP+0.0055%8h260.26−0.071%5xas long as short
Coinbase International MRVL-PERP-INTX+0.0064%1h259.84−0.230%$334K$628K10xas long as short
KuCoin MRVLUSDTM+0.0100%8h260.57+0.050%$514K$60K20xas long as short
ApeX Omni MRVLUSDT+0.0100%1h260.56+0.046%$4K$141K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h260.30−0.054%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h260.25−0.072%$1810xas long as short
Nado MRVL-PERPshort+0.0127%1h260.24−0.077%$89K$272K10x
Phoenix MRVL+0.0153%1h260.75+0.119%$11K$12K10xas long as short
Injective MRVL/USDC PERP+0.0220%1h263.30+1.098%$11K$70512xas long as short
edgeX MRVLUSDC+0.0680%4h260.48+0.016%$37K$372K10xas long as short