Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.006%

Price spread now: OKX against GRVT−0.184%61s7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$360.360% of the position

Long on GRVT Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.018%−$2 on $10k

Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.184%, 7d avg −0.037%

Together, before fees+0.063%+ Points / potential airdropGRVT: Active · farm board+$6 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: OKX is 0.147% cheaper against GRVT than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.037%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT MRVL_USDT_Perp	256.41	0	get 0.0000% / 8h	3h 20m	$603	$191K	10x
Short	OKX MRVL-USDT-SWAP	255.94	0	get 0.0000% / 8h	3h 20m	$6.8M	$22.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against GRVT. 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 GRVTbpFee OKXbpOrdersPrice spread, now −0.184%Rate

Funding earned: $0
Price spread: −0.184% → −0.037%: −$14.74
Slippage, 4 orders: −$17.03
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee OKX: 5 bp × 2 orders: −$10
Net: −$50.77
Costs to cover: 0.360%
Break-even: never at this rate

Slippage from GRVT: live order book, 32 min ago; OKX: live order book, 3 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 GRVT live order book, 32 min ago	1.35 bp	7.7 bp −$8	17.5 bp −$175	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.19 bp	10.6 bp −$11	28.1 bp −$281	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	−0.0200%	8h	256.13	−0.110%	$5.5M	$16.3M	20x	as long as short
BloFin MRVL-USDT	−0.0026%	8h	256.22	−0.075%	$368K	$173K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.91	−0.195%	$301K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.97	−0.173%	$49K	$346K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.91	−0.194%	$23.5M	$109.6M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.89	−0.204%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAPshort	0.0000%	8h	255.94	−0.184%	$6.8M	$22.7M	50x
Gate MRVL_USDT	0.0000%	8h	256.13	−0.110%	$5.4M	$8.2M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.31	−0.040%	$711K	$631K	—	as long as short
GRVT MRVL_USDT_Perplong	0.0000%	8h	256.41	long leg	$603	$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	256.52	+0.042%	$1K	$6.0M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	256.37	−0.016%	$129K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0021%	1h	256.23	−0.070%	$698	$49K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	256.07	−0.133%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.02	−0.153%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.01	−0.157%	$25K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.40	−0.005%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.76	−0.254%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.83	−0.227%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	256.22	−0.075%	$179	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.76	−0.254%	$549K	$751K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0050%	8h	255.93	−0.189%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.85	−0.219%	$322K	$634K	10x	as long as short
Nado MRVL-PERP	+0.0093%	1h	256.03	−0.150%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.06	−0.137%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.27	−0.055%	$2K	$3K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0101%	1h	256.33	−0.032%	$22K	$144K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.21	−0.077%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0106%	8h	256.16	−0.098%	$507K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	256.34	−0.028%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.043%	$11K	$734	12x	as long as short
edgeX MRVLUSDC	+0.0965%	4h	255.98	−0.168%	$36K	$372K	10x	as long as short