Settings8H · net · $10k
Funding arb · Price arb /

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0188%/8h= +20.6% APRnext payment +$0.23 per $10,000 · paid last 24h +0.040%
Price spread now: Phoenix against Extended+0.237%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno 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 +$6 a day on $10k at the current rate, and Phoenix is 0.237% dearer against Extended than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MRVL-USD254.070get 0.0000% / 1h55m 02s$46K$298K10x
ShortPhoenix MRVL254.670.0188get 0.0023% / 1h55m 02s$11K$13K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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

Funding earned
$39.46
Price spread: +0.237% → 0.000%
$23.72
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$51.19
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Extended: live order book, 37 min ago; Phoenix: 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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 37 min ago0.80 bp7.1 bp −$795.7 bp −$957doesn't fitdoesn't fit
Sell Phoenix no order-book sample
Phoenix: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MRVLUSDT−0.0201%8h254.16+0.037%$5.4M$18.3M20xas long as short
BloFin MRVL-USDT−0.0012%8h254.08+0.005%$367K$201K50xas long as short
Aster MRVLUSDT0.0000%8h254.38+0.122%$300K$337K50xas long as short
Extended MRVL-USDlong0.0000%1h254.07long leg$46K$298K10x
Binance MRVLUSDT0.0000%8h254.12+0.020%$23.3M$118.9M50xas long as short
Bybit MRVLUSDT0.0000%8h254.04−0.011%$5.0M$4.2M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h254.11+0.017%$6.8M$25.3M50xas long as short
Gate MRVL_USDT0.0000%8h254.19+0.048%$4.9M$8.4M50xas long as short
Variational Omni MRVL0.0000%8h254.68+0.239%$712K$460Kas long as short
GRVT MRVL_USDT_Perp0.0000%8h254.65+0.228%$359$182K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX MRVL-USDT0.0000%8h254.12+0.021%$2K$5.6M10xas long as short
Deribit MRVL_USDC-PERPETUAL0.0000%1h254.08+0.005%$22K$145K10xas long as short
HTX MRVL-USDT0.0000%8h254.78+0.281%$131K$48K50xas long as short
Aftermath Perps MRVLUSD+0.0021%1h254.27+0.078%$1K$45K10xas long as short
QFEX MRVL-USD+0.0031%1h253.88−0.074%$1.1M$3.5M10xas long as short
Lighter MRVL+0.0032%1h254.12+0.021%$88K$164K10xas long as short
Arcus MRVL-USD+0.0040%1h253.99−0.030%$22K$27K5xas long as short
Vest MRVL-USD-PERP+0.0046%1h254.39+0.127%$51K25xas long as short
tradeXYZ xyz:MRVL+0.0050%1h254.02−0.019%$13.9M$9.4M10xas long as short
Polymarket Perps MRVL-USD+0.0050%1h253.96−0.042%$99K$76K10xas long as short
SoDEX MRVL-USD+0.0050%1h254.14+0.029%$158$15K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h254.55+0.190%$542K$862K10xas long as short
Paradex MRVL-USD-PERP+0.0052%8h254.31+0.097%5xas long as short
edgeX MRVLUSDC+0.0061%4h254.46+0.155%$36K$373K10xas long as short
KuCoin MRVLUSDTM+0.0100%8h254.39+0.127%$503K$159K20xas long as short
ApeX Omni MRVLUSDT+0.0100%1h254.44+0.147%$4K$143K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h254.17+0.040%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h254.07−0.001%$1810xas long as short
Nado MRVL-PERP+0.0117%1h253.81−0.103%$86K$276K10xas long as short
Coinbase International MRVL-PERP-INTX+0.0128%1h254.65+0.229%$325K$620K10xas long as short
Phoenix MRVLshort+0.0188%1h254.67+0.237%$11K$13K10x
Injective MRVL/USDC PERP+0.0220%1h256.63+1.009%$11K$83212xas long as short