Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against Gate−0.090%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$660.655% of the position

Long on Gate Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.245%+$24 on $10k

Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.090%, 7d avg −0.015%

Together, before fees+0.366%+ Points / potential airdropAster: Stage 5 · farm board+$37 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 0.074% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MRVL_USDT	257.13	0	get 0.0000% / 8h	2h 30m	$5.5M	$9.9M	50x
Short	Aster MRVLUSDT	256.90	0	get 0.0000% / 8h	2h 30m	$310K	$331K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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 GatebpFee AsterbpOrdersPrice spread, now −0.090%Rate

Funding earned: $0
Price spread: −0.090% → −0.015%: −$7.42
Slippage, 4 orders: −$42.54
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$72.96
Costs to cover: 0.655%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; Aster: live order book, 56 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 Gate live order book, 3 min ago	2.53 bp	16.4 bp −$16	34.8 bp −$348	45.4 bp −$4,538	78.8 bp −$39.4K
Sell Aster live order book, 56 min ago	2.73 bp	20.8 bp −$21	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
Aster MRVLUSDTshort	0.0000%	8h	256.90	−0.090%	$310K	$331K	50x
Extended MRVL-USD	0.0000%	1h	257.10	−0.013%	$44K	$190K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	257.13	−0.002%	$24.0M	$115.0M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.93	−0.078%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	257.01	−0.047%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDTlong	0.0000%	8h	257.13	long leg	$5.5M	$9.9M	50x
Bitget MRVLUSDT	0.0000%	8h	257.05	−0.031%	$5.6M	$16.3M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	257.07	−0.025%	$710K	$760K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	257.10	−0.011%	$635	$250K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	257.12	−0.004%	$1K	$7.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRVL-USDT	0.0000%	8h	256.98	−0.058%	$130K	$81K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0010%	1h	256.94	−0.073%	$656	$54K	10x	as long as short
BloFin MRVL-USDT	+0.0012%	8h	256.89	−0.093%	$377K	$172K	50x	as long as short
Lighter MRVL	+0.0032%	1h	257.04	−0.035%	$91K	$219K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.80	−0.128%	$25K	$30K	5x	as long as short
QFEX MRVL-USD	+0.0043%	1h	257.12	−0.004%	$1.1M	$4.2M	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	257.25	+0.047%	—	$41K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.92	−0.082%	$14.1M	$9.3M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	257.10	−0.012%	$303	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.92	−0.082%	$584K	$925K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0055%	8h	256.98	−0.059%	—	—	5x	as long as short
edgeX MRVLUSDC	+0.0068%	4h	256.99	−0.054%	$36K	$368K	10x	as long as short
Polymarket Perps MRVL-USD	+0.0090%	1h	257.27	+0.054%	$106K	$64K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	256.87	−0.101%	$510K	$72K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.90	−0.089%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	257.07	−0.023%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	257.05	−0.029%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0112%	1h	257.01	−0.047%	$314K	$883K	10x	as long as short
Phoenix MRVL	+0.0156%	1h	256.97	−0.062%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	259.72	+1.007%	$11K	$609	12x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0451%	1h	257.06	−0.027%	$22K	$143K	10x	as long as short
Nado MRVL-PERP	+0.0451%	1h	256.83	−0.117%	$508K	$66K	10x	as long as short