Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0492%/8h= +53.9% APRpaid last 24h +0.060%

Price spread now: SoDEX against Bitget−0.028%7-day average — · you buy dearer than you sell

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

Long on Bitget Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. SoDEX is 0.028% cheaper against Bitget than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$15 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MRVLUSDT	253.73	−0.0442	get 0.0442% / 8h	7h 43m	$5.5M	$17.6M	20x
Short	SoDEX MRVL-USD	253.66	0.0050	get 0.0006% / 1h	43m 47s	$112	$15K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Bitget. 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 BitgetbpFee SoDEXbpOrdersPrice spread, now −0.028%Rate

Funding earned: $103.32
Price spread: −0.028% → 0.000%: −$2.76
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $80.56
Costs to cover: 0.200%
Break-even: 1.5 days

Slippage unknown: Bitget: live order book, 5 min ago; SoDEX: 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 Bitget live order book, 5 min ago	1.58 bp	8.0 bp −$8	14.4 bp −$144	34.7 bp −$3,467	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Bitget MRVLUSDTlong	−0.0442%	8h	253.73	long leg	$5.5M	$17.6M	20x
Deribit MRVL_USDC-PERPETUAL	−0.0104%	1h	254.04	+0.122%	$22K	$145K	10x	as long as short
Aster MRVLUSDT	0.0000%	8h	253.81	+0.031%	$299K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	253.87	+0.057%	$47K	$306K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	253.86	+0.051%	$23.4M	$115.2M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	253.80	+0.028%	$4.9M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	253.77	+0.016%	$6.7M	$24.2M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	253.86	+0.051%	$5.0M	$8.4M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	253.63	−0.038%	$708K	$457K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	253.96	+0.091%	$752	$187K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	253.92	+0.075%	$2K	$5.8M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	253.75	+0.008%	$130K	$48K	50x	as long as short
BloFin MRVL-USDT	+0.0001%	8h	254.09	+0.142%	$366K	$192K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	253.85	+0.048%	$998	$46K	10x	as long as short
QFEX MRVL-USD	+0.0022%	1h	254.06	+0.130%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	253.59	−0.055%	$88K	$164K	10x	as long as short
Nado MRVL-PERP	+0.0034%	1h	254.17	+0.172%	$87K	$272K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	253.94	+0.083%	$23K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	254.38	+0.256%	—	$51K	25x	as long as short
Paradex MRVL-USD-PERP	+0.0049%	8h	254.15	+0.164%	—	—	5x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	253.70	−0.012%	$14.0M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	254.09	+0.142%	$99K	$76K	10x	as long as short
SoDEX MRVL-USDshort	+0.0050%	1h	253.66	−0.028%	$112	$15K	10x
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.12	+0.154%	$539K	$841K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0072%	1h	253.94	+0.083%	$324K	$664K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	253.85	+0.047%	$502K	$101K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	253.62	−0.043%	$4K	$144K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	253.89	+0.063%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	253.80	+0.028%	$18	—	10x	as long as short
edgeX MRVLUSDC	+0.0177%	4h	253.68	−0.018%	$36K	$375K	10x	as long as short
Phoenix MRVL	+0.0188%	1h	253.87	+0.055%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	256.63	+1.143%	$11K	$845	12x	as long as short