Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0175%/8h= −19.2% APRpaid last 24h −0.041%

Price spread now: Vest against edgeX+0.166%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 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 airdropedgeX: Active · Vest: Active · farm boardneeds both histories

The price spread pays, funding is against you. Vest is 0.166% dearer against edgeX than usual: you sell high and buy low (spread +0.166% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX MRVLUSDC	255.72	0.0221	pay 0.0110% / 4h	2h 01m	$36K	$375K	10x
Short	Vest MRVL-USD-PERP	256.14	0.0046	get 0.0006% / 1h	1m 33s	—	$51K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.166%Rate

Funding earned: −$36.75
Price spread: +0.166% → 0.000%: $16.58
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Vest: 1 bp × 2 orders: −$2
Net: −$31.17
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: edgeX: live order book, 47 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 edgeX live order book, 47 min ago	5.46 bp	10.2 bp −$10	14.8 bp −$148	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	−0.0735%	8h	256.07	+0.138%	$5.6M	$17.0M	20x	as long as short
BloFin MRVL-USDT	−0.0013%	8h	255.85	+0.052%	$361K	$182K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.92	+0.079%	$302K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.88	+0.065%	$46K	$265K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.98	+0.103%	$23.7M	$112.6M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.81	+0.037%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.97	+0.099%	$6.8M	$23.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.97	+0.099%	$5.2M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.06	+0.135%	$712K	$485K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.93	+0.083%	$630	$191K	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	255.93	+0.084%	$1K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.87	+0.060%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.69	−0.010%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	255.78	+0.025%	$672	$47K	10x	as long as short
QFEX MRVL-USD	+0.0030%	1h	255.97	+0.099%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.98	+0.103%	$89K	$202K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.67	−0.018%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERPshort	+0.0046%	1h	256.14	+0.166%	—	$51K	25x
tradeXYZ xyz:MRVL	+0.0050%	1h	255.85	+0.052%	$14.1M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.76	+0.017%	$101K	$80K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.82	+0.041%	$565K	$755K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	255.91	+0.077%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0091%	1h	255.92	+0.078%	$87K	$272K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	253.60	−0.828%	$318K	$634K	10x	as long as short
SoDEX MRVL-USD	+0.0098%	1h	255.88	+0.064%	$154	$15K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.71	−0.002%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.97	+0.099%	$2K	$3K	10x	as long as short
KuCoin MRVLUSDTM	+0.0103%	8h	255.92	+0.080%	$506K	$64K	20x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.91	+0.077%	$18	—	10x	as long as short
Phoenix MRVL	+0.0157%	1h	255.81	+0.037%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+1.143%	$11K	$735	12x	as long as short
edgeX MRVLUSDClong	+0.0221%	4h	255.72	long leg	$36K	$375K	10x