Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against Bybit+0.102%7-day average — · you sell dearer than you buy

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

Long on Bybit Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.102% dearer against Bybit than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MRVLUSDT	254.85	0	get 0.0000% / 8h	1h 28m	$5.0M	$4.0M	50x
Short	Vest MRVL-USD-PERP	255.11	0.0046	get 0.0006% / 1h	28m 21s	—	$51K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Bybit. 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 BybitbpFee VestbpOrdersPrice spread, now +0.102%Rate

Funding earned: $9.59
Price spread: +0.102% → 0.000%: $10.2
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Vest: 1 bp × 2 orders: −$2
Net: $6.79
Costs to cover: 0.130%
Break-even: 2.0 days

Slippage unknown: Bybit: live order book, 9 min ago; Vest: 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 Bybit live order book, 9 min ago	0.59 bp	11.3 bp −$11	33.6 bp −$336	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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 MRVLUSDT	−0.0849%	8h	255.04	+0.075%	$5.5M	$17.1M	20x	as long as short
BloFin MRVL-USDT	0.0000%	8h	254.93	+0.031%	$364K	$184K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.02	+0.068%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	254.93	+0.030%	$50K	$267K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	254.97	+0.049%	$23.5M	$113.5M	50x	as long as short
Bybit MRVLUSDTlong	0.0000%	8h	254.85	long leg	$5.0M	$4.0M	50x
OKX MRVL-USDT-SWAP	0.0000%	8h	254.94	+0.035%	$6.8M	$24.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	254.92	+0.027%	$5.1M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	254.44	−0.161%	$708K	$475K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	254.46	−0.152%	$547	$190K	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	254.97	+0.047%	$2K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	254.92	+0.027%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	254.23	−0.243%	$130K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0013%	1h	254.48	−0.146%	$635	$47K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	254.33	−0.204%	$332K	$650K	10x	as long as short
Lighter MRVL	+0.0032%	1h	254.90	+0.020%	$88K	$169K	10x	as long as short
QFEX MRVL-USD	+0.0034%	1h	254.96	+0.043%	$1.1M	$3.5M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.40	−0.177%	$23K	$27K	5x	as long as short
Nado MRVL-PERP	+0.0042%	1h	254.93	+0.032%	$87K	$272K	10x	as long as short
Vest MRVL-USD-PERPshort	+0.0046%	1h	255.11	+0.102%	—	$51K	25x
tradeXYZ xyz:MRVL	+0.0050%	1h	254.80	−0.020%	$13.9M	$8.9M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	254.72	−0.051%	$101K	$82K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	254.82	−0.012%	$112	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.24	−0.239%	$549K	$803K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	254.88	+0.014%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	254.94	+0.035%	$504K	$66K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	254.36	−0.192%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	254.98	+0.051%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	254.95	+0.037%	$18	—	10x	as long as short
Phoenix MRVL	+0.0156%	1h	254.19	−0.259%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	257.82	+1.165%	$11K	$853	12x	as long as short
edgeX MRVLUSDC	+0.0351%	4h	254.39	−0.180%	$36K	$375K	10x	as long as short