Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0190%/8h= −20.8% APRpaid last 24h —

Price spread now: Paradex against Deribit−0.033%7-day average — · you buy dearer than you sell

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

Long on Deribit 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 against this trade now: funding costs −$6 a day on $10k at the current rate, and Paradex is 0.033% cheaper against Deribit than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit MRVL_USDC-PERPETUAL	259.40	0.0251	pay 0.0031% / 1h	17m 30s	$22K	$143K	10x
Short	Paradex MRVL-USD-PERP	259.32	0.0062	get 0.0062% / 8h	17m 30s	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.033%Rate

Funding earned: −$39.83
Price spread: −0.033% → 0.000%: −$3.27
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$54.1
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 61 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 Deribit live order book, 61 min ago	6.59 bp	10.1 bp −$10	13.7 bp −$137	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
Aster MRVLUSDT	0.0000%	8h	259.18	−0.084%	$313K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	259.31	−0.035%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.32	−0.031%	$7.1M	$22.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	259.34	−0.023%	$5.7M	$9.8M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	259.39	−0.004%	$5.6M	$16.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	259.33	−0.027%	$722K	$764K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	259.36	−0.015%	$1K	$6.8M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.62	+0.085%	$131K	$59K	50x	as long as short
BloFin MRVL-USDT	+0.0014%	8h	259.36	−0.015%	$375K	$170K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	259.31	−0.036%	$881	$53K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MRVL	+0.0032%	1h	259.45	+0.019%	$96K	$213K	10x	as long as short
Extended MRVL-USD	+0.0032%	1h	259.35	−0.019%	$49K	$206K	10x	as long as short
Binance MRVLUSDT	+0.0037%	8h	259.37	−0.012%	$24.3M	$114.7M	50x	as long as short
QFEX MRVL-USD	+0.0038%	1h	259.40	0.000%	$1.1M	$4.3M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.11	−0.112%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	259.65	+0.096%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.23	−0.066%	$14.6M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.34	−0.023%	$108K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.41	+0.004%	$161	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.20	−0.077%	$587K	$932K	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0059%	8h	259.44	+0.015%	$700	$224K	10x	as long as short
Paradex MRVL-USD-PERPshort	+0.0062%	8h	259.32	−0.033%	—	—	5x
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	258.35	−0.405%	$319K	$767K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	259.23	−0.066%	$514K	$68K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	259.19	−0.081%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.41	+0.004%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.40	−0.001%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0157%	1h	259.27	−0.048%	$88K	$316K	10x	as long as short
Phoenix MRVL	+0.0217%	1h	259.48	+0.031%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.85	+0.944%	$11K	$629	12x	as long as short
Deribit MRVL_USDC-PERPETUALlong	+0.0251%	1h	259.40	long leg	$22K	$143K	10x
edgeX MRVLUSDC	+0.0945%	4h	259.39	−0.004%	$36K	$370K	10x	as long as short