Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%

Price spread now: Aster against Extended+0.048%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$560.561% of the position

Long on Extended Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.057%−$6 on $10k

Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.048%, 7d avg +0.012%

Together, before fees−0.032%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board−$3 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 0.036% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MRVL-USD	254.21	0	get 0.0000% / 1h	3m 24s	$46K	$298K	10x
Short	Aster MRVLUSDT	254.33	0	get 0.0000% / 8h	7h 03m	$299K	$337K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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 ExtendedbpFee AsterbpOrdersPrice spread, now +0.048%Rate

Funding earned: $0
Price spread: +0.048% → +0.012%: $3.57
Slippage, 4 orders: −$43.09
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$52.52
Costs to cover: 0.561%
Break-even: never at this rate

Slippage from Extended: live order book, 29 min ago; Aster: live order book, 29 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 Extended live order book, 29 min ago	0.80 bp	7.1 bp −$7	95.7 bp −$957	doesn't fit	doesn't fit
Sell Aster live order book, 29 min ago	3.59 bp	21.6 bp −$22	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
Bitget MRVLUSDT	−0.0255%	8h	254.36	+0.059%	$5.4M	$18.2M	20x	as long as short
BloFin MRVL-USDT	−0.0023%	8h	254.48	+0.106%	$367K	$201K	50x	as long as short
Aster MRVLUSDTshort	0.0000%	8h	254.33	+0.048%	$299K	$337K	50x
Extended MRVL-USDlong	0.0000%	1h	254.21	long leg	$46K	$298K	10x
Binance MRVLUSDT	0.0000%	8h	254.25	+0.017%	$23.3M	$118.6M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	254.19	−0.008%	$5.0M	$4.2M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	254.37	+0.063%	$6.8M	$25.2M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	254.33	+0.047%	$4.9M	$8.7M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	254.30	+0.036%	$711K	$460K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	254.50	+0.115%	$422	$182K	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	254.42	+0.082%	$2K	$5.6M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	254.29	+0.031%	$22K	$145K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	254.24	+0.011%	$131K	$48K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0021%	1h	254.01	−0.077%	$1K	$45K	10x	as long as short
QFEX MRVL-USD	+0.0022%	1h	254.26	+0.019%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	254.39	+0.070%	$88K	$164K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.06	−0.059%	$22K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	254.49	+0.110%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	254.03	−0.071%	$13.9M	$9.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	254.15	−0.024%	$99K	$76K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.19	−0.008%	$541K	$860K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	254.24	+0.013%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0065%	1h	254.26	+0.020%	$87K	$276K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0072%	1h	254.29	+0.031%	$326K	$618K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	254.14	−0.028%	$502K	$149K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	254.18	−0.012%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	254.32	+0.043%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	254.26	+0.020%	$18	—	10x	as long as short
Phoenix MRVL	+0.0188%	1h	254.36	+0.059%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	256.63	+0.952%	$11K	$845	12x	as long as short
SoDEX MRVL-USD	+0.0324%	1h	254.45	+0.094%	$168	$15K	10x	as long as short
edgeX MRVLUSDC	+0.0917%	4h	254.41	+0.079%	$36K	$375K	10x	as long as short