Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h +0.004%

Price spread now: Extended against BloFin+0.176%74s7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as 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−$300.299% of the position

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.041%−$4 on $10k

Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.176%, 7d avg −0.008%

Together, before fees−0.052%+ Points / potential airdropExtended: Active · farm board−$5 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: Extended is 0.184% dearer against BloFin than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.008%. The two prices were read 74 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	BloFin MRVL-USDT	250.36	−0.0003	get 0.0003% / 8h	7h 28m	$364K	$192K	50x
Short	Extended MRVL-USD	250.80	0	get 0.0000% / 1h	28m 06s	$46K	$300K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against BloFin. 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 BloFinbpFee ExtendedbpOrdersPrice spread, now +0.176%Rate

Funding earned: $0.53
Price spread: +0.176% → −0.008%: $18.38
Slippage, 4 orders: −$12.88
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$10.96
Costs to cover: 0.299%
Break-even: 150.5 days

Slippage from BloFin: live order book, 47 min ago; Extended: live order book, 4 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 BloFin live order book, 47 min ago	0.59 bp	7.0 bp −$7	11.3 bp −$113	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	0.80 bp	7.1 bp −$7	29.6 bp −$296	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	−0.0387%	8h	250.84	+0.192%	$5.4M	$17.9M	20x	as long as short
BloFin MRVL-USDTlong	−0.0003%	8h	250.36	long leg	$364K	$192K	50x
Aster MRVLUSDT	0.0000%	8h	250.81	+0.181%	$296K	$336K	50x	as long as short
Extended MRVL-USDshort	0.0000%	1h	250.80	+0.176%	$46K	$300K	10x
Binance MRVLUSDT	0.0000%	8h	250.88	+0.208%	$23.2M	$117.1M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	250.71	+0.140%	$4.9M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	250.85	+0.196%	$6.7M	$24.4M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	250.73	+0.148%	$4.9M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	251.03	+0.269%	$702K	$457K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	250.88	+0.208%	$707	$182K	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	250.76	+0.160%	$1K	$5.7M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	250.67	+0.124%	$22K	$145K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	250.91	+0.220%	$129K	$48K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	251.24	+0.350%	$1K	$45K	10x	as long as short
QFEX MRVL-USD	+0.0022%	1h	250.45	+0.036%	$1.1M	$3.5M	10x	as long as short
edgeX MRVLUSDC	+0.0023%	4h	250.80	+0.174%	$36K	$376K	10x	as long as short
Lighter MRVL	+0.0032%	1h	250.70	+0.136%	$87K	$164K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	250.43	+0.028%	$21K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	250.74	+0.152%	—	$51K	25x	as long as short
Paradex MRVL-USD-PERP	+0.0049%	8h	250.31	−0.021%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0050%	1h	250.50	+0.057%	$85K	$276K	10x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	250.70	+0.136%	$13.8M	$9.2M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	250.40	+0.016%	$98K	$76K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	250.36	0.000%	$145	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	250.34	−0.008%	$535K	$840K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0072%	1h	250.10	−0.104%	$318K	$673K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	250.71	+0.140%	$496K	$118K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	250.76	+0.160%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	250.64	+0.112%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	250.72	+0.144%	$18	—	10x	as long as short
Phoenix MRVL	+0.0188%	1h	250.81	+0.180%	$10K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	256.63	+2.504%	$11K	$845	12x	as long as short