Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%

Price spread now: GRVT against Extended+0.083%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$320.318% of the position

Long on Extended Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.083%, 7d avg +0.038%

Together, before fees−0.004%+ Points / potential airdropExtended: Active · GRVT: Active · farm board$0 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: GRVT is 0.045% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MRVL-USD	256.95	0	get 0.0000% / 1h	27m 21s	$46K	$343K	10x
Short	GRVT MRVL_USDT_Perp	257.16	0	get 0.0000% / 8h	3h 27m	$612	$191K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.083%Rate

Funding earned: $0
Price spread: +0.083% → +0.038%: $4.46
Slippage, 4 orders: −$17.78
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$27.32
Costs to cover: 0.318%
Break-even: never at this rate

Slippage from Extended: live order book, 25 min ago; GRVT: live order book, 25 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, 25 min ago	0.97 bp	7.0 bp −$7	85.9 bp −$859	doesn't fit	doesn't fit
Sell GRVT live order book, 25 min ago	1.35 bp	10.0 bp −$10	19.1 bp −$191	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	−0.0042%	8h	257.01	+0.024%	$5.5M	$16.3M	20x	as long as short
BloFin MRVL-USDT	−0.0021%	8h	257.22	+0.105%	$369K	$173K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.78	−0.066%	$302K	$338K	50x	as long as short
Extended MRVL-USDlong	0.0000%	1h	256.95	long leg	$46K	$343K	10x
Binance MRVLUSDT	0.0000%	8h	256.80	−0.058%	$23.6M	$109.3M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.79	−0.062%	$5.1M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.73	−0.085%	$6.8M	$22.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.90	−0.019%	$5.5M	$8.2M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	257.20	+0.098%	$713K	$634K	—	as long as short
GRVT MRVL_USDT_Perpshort	0.0000%	8h	257.16	+0.083%	$612	$191K	10x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	257.38	+0.168%	$1K	$6.0M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	256.55	−0.155%	$129K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	256.89	−0.022%	$659	$49K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	256.94	−0.004%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	257.00	+0.020%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.84	−0.043%	$25K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	257.33	+0.148%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.72	−0.089%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.75	−0.078%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	257.23	+0.109%	$175	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	257.11	+0.063%	$571K	$755K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0050%	8h	257.13	+0.069%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0087%	1h	256.80	−0.056%	$88K	$272K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	257.43	+0.187%	$324K	$638K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	257.08	+0.051%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.80	−0.058%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.77	−0.069%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0114%	8h	257.31	+0.140%	$509K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	257.24	+0.113%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+1.829%	$11K	$734	12x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0489%	1h	257.24	+0.113%	$22K	$144K	10x	as long as short
edgeX MRVLUSDC	+0.0879%	4h	257.09	+0.055%	$36K	$371K	10x	as long as short