Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.016%

Price spread now: Orderly against Extended+0.041%7-day average — · you sell dearer than you buy

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

Long on Extended Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.041% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MRVL-USD	256.47	0	get 0.0000% / 1h	26m 13s	$46K	$343K	10x
Short	Orderly PERP_MRVL_USDC_mythos	256.57	0.0100	get 0.0100% / 8h	3h 26m	$2K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.041%Rate

Funding earned: $21
Price spread: +0.041% → 0.000%: $4.07
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Orderly: 3 bp × 2 orders: −$6
Net: $14.07
Costs to cover: 0.110%
Break-even: 2.3 days

Slippage unknown: Extended: live order book, 26 min ago; Orderly: 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 Extended live order book, 26 min ago	0.97 bp	7.0 bp −$7	85.9 bp −$859	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.0061%	8h	256.49	+0.010%	$5.4M	$16.3M	20x	as long as short
BloFin MRVL-USDT	−0.0015%	8h	256.82	+0.138%	$369K	$173K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.67	+0.081%	$302K	$338K	50x	as long as short
Extended MRVL-USDlong	0.0000%	1h	256.47	long leg	$46K	$343K	10x
Binance MRVLUSDT	0.0000%	8h	256.53	+0.024%	$23.6M	$109.3M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.37	−0.037%	$5.1M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.42	−0.018%	$6.8M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.51	+0.017%	$5.4M	$8.2M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	257.20	+0.286%	$713K	$634K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	257.16	+0.272%	$612	$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	256.50	+0.013%	$1K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	256.41	−0.022%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	257.10	+0.247%	$130K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	256.82	+0.137%	$659	$49K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	256.46	−0.002%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.40	−0.026%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.71	+0.095%	$25K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.93	+0.181%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.26	−0.080%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.31	−0.061%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	256.50	+0.013%	$164	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	257.11	+0.251%	$551K	$755K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0050%	8h	256.36	−0.043%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0086%	1h	256.42	−0.016%	$87K	$272K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	256.28	−0.072%	$323K	$635K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	257.08	+0.240%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythosshort	+0.0100%	8h	256.57	+0.041%	$2K	$3K	10x
Aevo MRVL-PERP	+0.0104%	1h	256.52	+0.023%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0112%	8h	256.75	+0.111%	$508K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	257.24	+0.302%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.021%	$11K	$734	12x	as long as short
edgeX MRVLUSDC	+0.0879%	4h	257.09	+0.244%	$36K	$371K	10x	as long as short