Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.046%

Price spread now: Aster against Deribit−0.125%7-day average +0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$78as in the Price arb table

costs, in and out, $10k−$630.635% of the position

Long on Deribit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.113%−$11 on $10k

Price spread, last 3 days (all we have)+0.238%+$24 · spread now −0.125%, 7d avg +0.018%

Together, before fees+0.125%+ Points / potential airdropAster: Stage 5 · farm board+$13 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: Aster is 0.143% cheaper against Deribit than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit MRVL_USDC-PERPETUAL	258.30	0	get 0.0000% / 1h	29m 28s	$22K	$143K	10x
Short	Aster MRVLUSDT	257.98	0	get 0.0000% / 8h	1h 29m	$311K	$331K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Deribit. 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 DeribitbpFee AsterbpOrdersPrice spread, now −0.125%Rate

Funding earned: $0
Price spread: −0.125% → +0.018%: −$14.29
Slippage, 4 orders: −$48.48
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Aster: 4 bp × 2 orders: −$8
Net: −$77.77
Costs to cover: 0.635%
Break-even: never at this rate

Slippage from Deribit: live order book, 54 min ago; Aster: live order book, 52 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 Deribit live order book, 54 min ago	6.22 bp	9.7 bp −$10	12.6 bp −$126	doesn't fit	doesn't fit
Sell Aster live order book, 52 min ago	2.33 bp	24.6 bp −$25	doesn't fit	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
Nado MRVL-PERP	−0.0073%	1h	258.32	+0.008%	$74K	$309K	10x	as long as short
BloFin MRVL-USDT	−0.0020%	8h	258.31	+0.004%	$375K	$171K	50x	as long as short
Aster MRVLUSDTshort	0.0000%	8h	257.98	−0.125%	$311K	$331K	50x
Extended MRVL-USD	0.0000%	1h	258.37	+0.028%	$44K	$190K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	258.44	+0.052%	$24.2M	$114.6M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	258.31	+0.004%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	258.42	+0.046%	$7.1M	$22.4M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	258.45	+0.058%	$5.5M	$9.8M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	258.46	+0.062%	$5.6M	$16.5M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	258.36	+0.024%	$713K	$759K	—	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MRVL_USDT_Perp	0.0000%	8h	258.39	+0.035%	$618	$238K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	258.46	+0.062%	$1K	$6.9M	10x	as long as short
Deribit MRVL_USDC-PERPETUALlong	0.0000%	1h	258.30	long leg	$22K	$143K	10x
HTX MRVL-USDT	0.0000%	8h	258.16	−0.054%	$130K	$81K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	258.33	+0.012%	$600	$54K	10x	as long as short
Lighter MRVL	+0.0032%	1h	258.44	+0.054%	$92K	$208K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	258.07	−0.089%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	258.63	+0.128%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	258.38	+0.031%	$14.6M	$9.6M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	258.58	+0.108%	$107K	$68K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	258.38	+0.031%	$258	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	258.22	−0.031%	$591K	$940K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0060%	8h	258.33	+0.013%	—	—	5x	as long as short
QFEX MRVL-USD	+0.0064%	1h	258.42	+0.046%	$1.1M	$4.2M	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	258.14	−0.062%	$511K	$69K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	258.02	−0.108%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	258.37	+0.027%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	258.37	+0.026%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0136%	1h	257.50	−0.310%	$317K	$890K	10x	as long as short
Phoenix MRVL	+0.0187%	1h	258.41	+0.043%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	260.35	+0.794%	$11K	$610	12x	as long as short
edgeX MRVLUSDC	+0.0813%	4h	258.43	+0.051%	$36K	$369K	10x	as long as short