Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%

Price spread now: Deribit against Gate0.000%7-day average −0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$540.535% of the position

Long on Gate Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.369%+$37 on $10k

Price spread, last 4 days (all we have)−0.025%−$2 · spread now 0.000%, 7d avg −0.035%

Together, before fees+0.344%+$34 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: Deribit is 0.035% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MRVL_USDT	255.58	0	get 0.0000% / 8h	2h 13m	$5.2M	$8.6M	50x
Short	Deribit MRVL_USDC-PERPETUAL	255.58	0	get 0.0000% / 1h	13m 02s	$22K	$144K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.035%: $3.54
Slippage, 4 orders: −$31.51
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$49.97
Costs to cover: 0.535%
Break-even: never at this rate

Slippage from Gate: live order book, just now; Deribit: live order book, 35 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, just now	2.54 bp	14.6 bp −$15	39.5 bp −$395	51.8 bp −$5,179	86.5 bp −$43.2K
Sell Deribit live order book, 35 min ago	5.66 bp	9.2 bp −$9	12.2 bp −$122	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	−0.0901%	8h	255.75	+0.067%	$5.6M	$16.9M	20x	as long as short
BloFin MRVL-USDT	−0.0005%	8h	255.53	−0.020%	$363K	$181K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.36	−0.084%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.55	−0.012%	$46K	$270K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.68	+0.039%	$23.6M	$112.1M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.55	−0.012%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.67	+0.035%	$6.8M	$23.6M	50x	as long as short
Gate MRVL_USDTlong	0.0000%	8h	255.58	long leg	$5.2M	$8.6M	50x
Variational Omni MRVL	0.0000%	8h	254.80	−0.304%	$707K	$487K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	254.92	−0.258%	$645	$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	255.59	+0.004%	$1K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUALshort	0.0000%	1h	255.58	0.000%	$22K	$144K	10x
HTX MRVL-USDT	0.0000%	8h	255.46	−0.047%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	254.83	−0.295%	$592	$48K	10x	as long as short
QFEX MRVL-USD	+0.0030%	1h	255.57	−0.004%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.56	−0.008%	$88K	$202K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.87	−0.278%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.71	+0.051%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.49	−0.035%	$14.1M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.47	−0.043%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.51	−0.027%	$169	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.13	−0.176%	$561K	$751K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	255.59	+0.005%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0089%	1h	255.53	−0.020%	$87K	$272K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	253.60	−0.775%	$318K	$634K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.02	−0.219%	$4K	$139K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.50	−0.031%	$2K	$3K	10x	as long as short
KuCoin MRVLUSDTM	+0.0102%	8h	255.46	−0.047%	$505K	$64K	20x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.43	−0.058%	$18	—	10x	as long as short
Phoenix MRVL	+0.0157%	1h	255.58	0.000%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+1.197%	$11K	$735	12x	as long as short
edgeX MRVLUSDC	+0.0749%	4h	254.79	−0.307%	$36K	$375K	10x	as long as short