Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0019%/8h= +2.1% APRpaid last 24h —

Price spread now: Paradex against Coinbase International+0.154%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.154% dearer against Coinbase International than usual: you sell high and buy low: +$15 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	Coinbase International MRVL-PERP-INTX	259.84	0.0032	pay 0.0004% / 1h	29m 41s	$334K	$630K	10x
Short	Paradex MRVL-USD-PERP	260.24	0.0051	get 0.0051% / 8h	5h 29m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Coinbase International. 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 Coinbase InternationalbpFee ParadexbpOrdersPrice spread, now +0.154%Rate

Funding earned: $4.09
Price spread: +0.154% → 0.000%: $15.44
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: $5.53
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 34 min ago; Paradex: 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 Coinbase International live order book, 34 min ago	4.42 bp	9.4 bp −$9	12.3 bp −$123	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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
BloFin MRVL-USDT	−0.0028%	8h	260.49	+0.250%	$377K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	260.37	+0.204%	$313K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.23	+0.150%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.31	+0.181%	$7.0M	$22.2M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.37	+0.204%	$5.6M	$8.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.34	+0.192%	$5.5M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.58	+0.285%	$717K	$653K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.64	+0.307%	$842	$188K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.32	+0.185%	$2K	$6.1M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	260.37	+0.204%	$23K	$143K	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	260.58	+0.285%	$131K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0015%	1h	260.36	+0.198%	$884	$50K	10x	as long as short
QFEX MRVL-USD	+0.0026%	1h	260.36	+0.200%	$1.1M	$3.7M	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.32	+0.185%	$94K	$204K	10x	as long as short
Extended MRVL-USD	+0.0032%	1h	260.23	+0.149%	$51K	$353K	10x	as long as short
Coinbase International MRVL-PERP-INTXlong	+0.0032%	1h	259.84	long leg	$334K	$630K	10x
Binance MRVLUSDT	+0.0034%	8h	260.32	+0.183%	$24.2M	$108.0M	50x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.16	+0.123%	$25K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.78	+0.362%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.20	+0.139%	$14.5M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.34	+0.192%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.29	+0.173%	$167	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.02	+0.069%	$578K	$678K	10x	as long as short
Paradex MRVL-USD-PERPshort	+0.0051%	8h	260.24	+0.154%	—	—	5x
KuCoin MRVLUSDTM	+0.0100%	8h	260.49	+0.250%	$514K	$62K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.43	+0.227%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.37	+0.204%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.29	+0.175%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0124%	1h	260.35	+0.198%	$89K	$274K	10x	as long as short
Phoenix MRVL	+0.0215%	1h	260.27	+0.165%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.39	+1.366%	$11K	$693	12x	as long as short
edgeX MRVLUSDC	+0.0317%	4h	260.37	+0.203%	$37K	$372K	10x	as long as short