Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0535%/8h= −58.6% APRpaid last 24h +0.012%

Price spread now: Injective against edgeX+0.897%7-day average — · you sell dearer than you buy

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

Long on edgeX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

The price spread pays, funding is against you. Injective is 0.897% dearer against edgeX than usual: you sell high and buy low (spread +0.897% now, against zero (this spread has no 7-day history yet)): +$90 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 5.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX MRVLUSDC	255.53	0.0755	pay 0.0378% / 4h	1h 02m	$36K	$374K	10x
Short	Injective MRVL/USDC PERP	257.82	0.0220	get 0.0028% / 1h	2m 42s	$11K	$853	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against edgeX. 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 edgeXbpFee InjectivebpOrdersPrice spread, now +0.897%Rate

Funding earned: −$112.41
Price spread: +0.897% → 0.000%: $89.68
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$31.75
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: edgeX: live order book, 41 min ago; Injective: 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 edgeX live order book, 41 min ago	5.70 bp	10.5 bp −$11	14.9 bp −$149	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	−0.0641%	8h	255.66	+0.051%	$5.6M	$17.1M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.48	−0.018%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.44	−0.034%	$47K	$280K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.50	−0.010%	$23.5M	$113.9M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.49	−0.015%	$5.0M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.58	+0.020%	$6.8M	$24.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.58	+0.020%	$5.2M	$8.7M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.89	+0.142%	$712K	$467K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.53	+0.001%	$779	$190K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	255.55	+0.008%	$1K	$6.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.46	−0.027%	$22K	$145K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.53	+0.001%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0015%	1h	255.54	+0.005%	$595	$47K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	255.26	−0.105%	$335K	$653K	10x	as long as short
BloFin MRVL-USDT	+0.0024%	8h	255.58	+0.020%	$366K	$186K	50x	as long as short
Lighter MRVL	+0.0032%	1h	255.49	−0.015%	$88K	$169K	10x	as long as short
QFEX MRVL-USD	+0.0034%	1h	255.54	+0.005%	$1.1M	$3.5M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.37	−0.062%	$23K	$27K	5x	as long as short
Nado MRVL-PERP	+0.0045%	1h	255.52	−0.005%	$87K	$272K	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.76	+0.091%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.41	−0.046%	$14.1M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.28	−0.097%	$101K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.49	−0.015%	$184	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.46	−0.027%	$542K	$850K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.41	−0.047%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	255.63	+0.040%	$506K	$66K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.44	−0.035%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.54	+0.005%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.49	−0.014%	$18	—	10x	as long as short
Phoenix MRVL	+0.0156%	1h	255.90	+0.145%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERPshort	+0.0220%	1h	257.82	+0.897%	$11K	$853	12x
edgeX MRVLUSDClong	+0.0755%	4h	255.53	long leg	$36K	$374K	10x