Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h −0.022%

Price spread now: Vest against GRVT+0.107%63s7-day average — · you sell dearer than you buy

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

Long on GRVT Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

The price spread pays, funding is against you. Vest is 0.107% dearer against GRVT than usual: you sell high and buy low (spread +0.107% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 35 days. The two prices were read 63 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	259.37	0.0056	pay 0.0056% / 8h	18m 11s	$700	$224K	10x
Short	Vest MRVL-USD-PERP	259.65	0.0046	get 0.0006% / 1h	18m 11s	—	$46K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.107%Rate

Funding earned: −$2.17
Price spread: +0.107% → 0.000%: $10.72
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Vest: 1 bp × 2 orders: −$2
Net: −$2.45
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 59 min ago; Vest: 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 GRVT live order book, 59 min ago	1.36 bp	7.6 bp −$8	14.2 bp −$142	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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
Aster MRVLUSDT	0.0000%	8h	259.18	−0.073%	$313K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	259.36	−0.005%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.39	+0.007%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	259.42	+0.019%	$5.7M	$9.8M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	259.46	+0.034%	$5.6M	$16.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	259.33	−0.016%	$722K	$764K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	259.36	−0.005%	$1K	$6.8M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.62	+0.096%	$131K	$59K	50x	as long as short
BloFin MRVL-USDT	+0.0014%	8h	259.36	−0.005%	$375K	$170K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	259.31	−0.025%	$881	$53K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MRVL	+0.0032%	1h	259.46	+0.034%	$96K	$213K	10x	as long as short
Extended MRVL-USD	+0.0032%	1h	259.41	+0.015%	$49K	$206K	10x	as long as short
Binance MRVLUSDT	+0.0036%	8h	259.45	+0.030%	$24.3M	$114.7M	50x	as long as short
QFEX MRVL-USD	+0.0038%	1h	259.39	+0.007%	$1.1M	$4.3M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.15	−0.086%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERPshort	+0.0046%	1h	259.65	+0.107%	—	$46K	25x
tradeXYZ xyz:MRVL	+0.0050%	1h	259.31	−0.024%	$14.6M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.40	+0.011%	$108K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.41	+0.015%	$161	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.20	−0.066%	$587K	$932K	10x	as long as short
GRVT MRVL_USDT_Perplong	+0.0056%	8h	259.37	long leg	$700	$224K	10x
Paradex MRVL-USD-PERP	+0.0062%	8h	259.35	−0.009%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	258.35	−0.394%	$319K	$767K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	259.25	−0.047%	$514K	$68K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	259.18	−0.074%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.41	+0.015%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.40	+0.010%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0156%	1h	259.30	−0.028%	$88K	$316K	10x	as long as short
Phoenix MRVL	+0.0217%	1h	259.48	+0.042%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.85	+0.955%	$11K	$629	12x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0251%	1h	259.40	+0.011%	$22K	$143K	10x	as long as short
edgeX MRVLUSDC	+0.0374%	4h	259.30	−0.026%	$36K	$369K	10x	as long as short