Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h —

Price spread now: Paradex against Lighter+0.039%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · Paradex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.039% dearer against Lighter than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter MRVL	255.80	0.0032	pay 0.0004% / 1h	5m 26s	$89K	$202K	10x
Short	Paradex MRVL-USD-PERP	255.90	0.0053	get 0.0053% / 8h	2h 05m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Lighter. 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 LighterbpFee ParadexbpOrdersPrice spread, now +0.039%Rate

Funding earned: $4.45
Price spread: +0.039% → 0.000%: $3.87
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Paradex: 2 bp × 2 orders: −$4
Net: $4.32
Costs to cover: 0.040%
Break-even: 0.2 days

Slippage unknown: Lighter: live order book, 25 min ago; Paradex: 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 Lighter live order book, 25 min ago	2.75 bp	15.0 bp −$15	18.0 bp −$180	28.6 bp −$2,858	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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
Bitget MRVLUSDT	−0.0768%	8h	255.93	+0.051%	$5.6M	$17.0M	20x	as long as short
BloFin MRVL-USDT	−0.0021%	8h	256.10	+0.117%	$362K	$182K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.93	+0.050%	$302K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.85	+0.019%	$46K	$265K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.93	+0.051%	$23.7M	$112.5M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.84	+0.016%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.84	+0.016%	$6.8M	$23.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.91	+0.043%	$5.2M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.06	+0.102%	$712K	$485K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.19	+0.153%	$648	$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	256.17	+0.145%	$1K	$6.0M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	256.08	+0.109%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	255.80	−0.001%	$632	$48K	10x	as long as short
QFEX MRVL-USD	+0.0030%	1h	255.88	+0.031%	$1.1M	$3.5M	10x	as long as short
Lighter MRVLlong	+0.0032%	1h	255.80	long leg	$89K	$202K	10x
Arcus MRVL-USD	+0.0040%	1h	255.83	+0.012%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.13	+0.129%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.78	−0.008%	$14.1M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.68	−0.047%	$101K	$80K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.04	+0.094%	$566K	$754K	10x	as long as short
Paradex MRVL-USD-PERPshort	+0.0053%	8h	255.90	+0.039%	—	—	5x
Nado MRVL-PERP	+0.0091%	1h	255.89	+0.036%	$87K	$272K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	253.60	−0.860%	$318K	$634K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.16	+0.141%	$4K	$139K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.11	+0.121%	$2K	$3K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0102%	1h	256.01	+0.082%	$22K	$144K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.02	+0.085%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0105%	8h	255.92	+0.047%	$507K	$64K	20x	as long as short
SoDEX MRVL-USD	+0.0146%	1h	256.03	+0.090%	$164	$15K	10x	as long as short
Phoenix MRVL	+0.0157%	1h	256.41	+0.238%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+1.110%	$11K	$735	12x	as long as short
edgeX MRVLUSDC	+0.0334%	4h	256.17	+0.144%	$36K	$374K	10x	as long as short