Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%

Price spread now: Bybit against Extended+0.022%7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$410.415% of the position

Long on Extended Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.053%−$5 on $10k

Price spread, last 4 days (all we have)+0.045%+$4 · spread now +0.022%, 7d avg −0.013%

Together, before fees−0.008%+ Points / potential airdropExtended: Active · farm board−$1 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: Bybit is 0.034% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MRVL-USD	253.99	0	get 0.0000% / 1h	19m 38s	$46K	$303K	10x
Short	Bybit MRVLUSDT	254.05	0	get 0.0000% / 8h	6h 19m	$4.9M	$4.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.022%Rate

Funding earned: $0
Price spread: +0.022% → −0.013%: $3.45
Slippage, 4 orders: −$25.49
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$38.04
Costs to cover: 0.415%
Break-even: never at this rate

Slippage from Extended: live order book, 30 min ago; Bybit: live order book, 1 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, 30 min ago	0.79 bp	7.1 bp −$7	79.2 bp −$792	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	1.18 bp	12.4 bp −$12	26.3 bp −$263	784.5 bp −$78.4K	doesn't fit

MRVL on 32 exchanges

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
Deribit MRVL_USDC-PERPETUAL	−0.0025%	1h	254.06	+0.026%	$22K	$145K	10x	as long as short
BloFin MRVL-USDT	−0.0024%	8h	254.14	+0.057%	$372K	$207K	50x	as long as short
Bitget MRVLUSDT	−0.0020%	8h	254.11	+0.045%	$5.4M	$18.6M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	254.10	+0.041%	$299K	$337K	50x	as long as short
Extended MRVL-USDlong	0.0000%	1h	253.99	long leg	$46K	$303K	10x
Binance MRVLUSDT	0.0000%	8h	254.07	+0.030%	$23.3M	$119.0M	50x	as long as short
Bybit MRVLUSDTshort	0.0000%	8h	254.05	+0.022%	$4.9M	$4.2M	50x
OKX MRVL-USDT-SWAP	0.0000%	8h	254.02	+0.010%	$6.8M	$25.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	254.13	+0.053%	$4.9M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	254.09	+0.039%	$706K	$214K	—	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	254.14	+0.057%	$2K	$5.4M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	254.01	+0.006%	$131K	$48K	50x	as long as short
edgeX MRVLUSDC	+0.0016%	4h	254.23	+0.091%	$36K	$374K	10x	as long as short
Aftermath Perps MRVLUSD	+0.0017%	1h	253.99	−0.003%	$1K	$44K	10x	as long as short
Nado MRVL-PERP	+0.0031%	1h	254.18	+0.072%	$87K	$276K	10x	as long as short
QFEX MRVL-USD	+0.0031%	1h	254.11	+0.045%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	254.02	+0.010%	$88K	$164K	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0032%	8h	254.08	+0.034%	$257	$181K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	253.88	−0.045%	$22K	$22K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	254.33	+0.132%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	253.95	−0.018%	$13.9M	$9.5M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	254.08	+0.034%	$224	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	253.92	−0.029%	$538K	$859K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	253.95	−0.018%	—	—	5x	as long as short
Polymarket Perps MRVL-USD	+0.0064%	1h	254.46	+0.183%	$99K	$76K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	254.20	+0.081%	$502K	$200K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	254.16	+0.065%	$4K	$144K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	254.14	+0.057%	$2K	$2K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	254.07	+0.029%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0128%	1h	254.11	+0.045%	$324K	$615K	10x	as long as short
Phoenix MRVL	+0.0157%	1h	254.07	+0.030%	$11K	$13K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	256.63	+1.038%	$11K	$832	12x	as long as short