Settings8H · net · $10k
Funding arb · Price arb /

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: SunX against Lighter−0.031%7-day average +0.043% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.073%−$7 on $10k
Price spread, last 3 days (all we have)+0.050%+$5 · spread now −0.031%, 7d avg +0.043%
Together, before fees−0.023%+ Points / potential airdropLighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.074% cheaper against Lighter than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.043%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter MRVL260.420.0032pay 0.0004% / 1h19m 01s$95K$206K10x
ShortSunX MRVL-USDT260.340get 0.0000% / 8h6h 19m$1K$6.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
−$6.72
Price spread: −0.031% → +0.043%
−$7.4
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$22.12
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 31 min ago; SunX: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 31 min ago2.30 bp10.2 bp −$1010.7 bp −$10720.0 bp −$1,997doesn't fit
Sell SunX live order book, 10 min ago44.79 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

MRVL on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MRVLUSDT0.0000%8h260.39−0.013%$313K$330K50xas long as short
Bybit MRVLUSDT0.0000%8h260.36−0.023%$5.1M$3.9M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h260.36−0.023%$7.0M$22.4M50xas long as short
Gate MRVL_USDT0.0000%8h260.34−0.031%$5.6M$8.7M50xas long as short
Bitget MRVLUSDT0.0000%8h260.38−0.015%$5.6M$16.3M20xas long as short
GRVT MRVL_USDT_Perp0.0000%8h260.52+0.038%$485$194K10xas long as short
SunX MRVL-USDTshort0.0000%8h260.34−0.031%$1K$6.4M10x
Deribit MRVL_USDC-PERPETUAL0.0000%1h260.30−0.046%$23K$143K10xas long as short
HTX MRVL-USDT0.0000%8h260.32−0.038%$131K$41K50xas long as short
Coinbase International MRVL-PERP-INTX+0.0008%1h260.39−0.012%$335K$637K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MRVL+0.0011%8h260.33−0.036%$724K$663Kas long as short
Aftermath Perps MRVLUSD+0.0012%1h260.32−0.038%$884$51K10xas long as short
QFEX MRVL-USD+0.0023%1h260.33−0.035%$1.1M$3.8M10xas long as short
Lighter MRVLlong+0.0032%1h260.42long leg$95K$206K10x
Arcus MRVL-USD+0.0040%1h260.20−0.084%$25K$26K5xas long as short
Vest MRVL-USD-PERP+0.0046%1h260.74+0.123%$44K25xas long as short
tradeXYZ xyz:MRVL+0.0050%1h260.34−0.031%$14.7M$8.4M10xas long as short
Polymarket Perps MRVL-USD+0.0050%1h260.32−0.038%$104K$77K10xas long as short
SoDEX MRVL-USD+0.0050%1h260.35−0.027%$99$15K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h260.36−0.023%$567K$677K10xas long as short
Paradex MRVL-USD-PERP+0.0051%8h260.31−0.042%5xas long as short
Nado MRVL-PERP+0.0061%1h260.37−0.020%$89K$282K10xas long as short
Extended MRVL-USD+0.0064%1h260.33−0.036%$47K$351K10xas long as short
Binance MRVLUSDT+0.0065%8h260.44+0.008%$24.1M$110.1M50xas long as short
KuCoin MRVLUSDTM+0.0100%8h260.46+0.015%$515K$64K20xas long as short
ApeX Omni MRVLUSDT+0.0100%1h260.35−0.027%$4K$141K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h260.40−0.008%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h260.34−0.029%$1810xas long as short
edgeX MRVLUSDC+0.0133%4h260.37−0.017%$37K$371K10xas long as short
Phoenix MRVL+0.0153%1h260.73+0.119%$11K$12K10xas long as short
Injective MRVL/USDC PERP+0.0220%1h262.62+0.845%$11K$67912xas long as short