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

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRnext payment $0.01 per $10,000 · paid last 24h −0.077%
Price spread now: Ondo Perps against Nado−0.175%7-day average −0.039% · 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 4 days (all we have)−0.400%−$40 on $10k
Price spread, last 4 days (all we have)−0.089%−$9 · spread now −0.175%, 7d avg −0.039%
Together, before fees−0.490%+ Points / potential airdropNado: Active · Ondo Perps: Active · farm board−$49 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Ondo Perps is 0.136% cheaper against Nado than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.039%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MRVL-PERP255.370.0062pay 0.0008% / 1h49m 32s$87K$272K10x
ShortOndo Perps MRVL-USD.P254.920.0050get 0.0006% / 1h49m 32s$532K$858K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Nado. 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
−$2.34
Price spread: −0.175% → −0.039%
−$13.59
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$27.93
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 53 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 53 min ago5.11 bp12.9 bp −$1326.3 bp −$263doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MRVLUSDT−0.0611%8h255.56+0.075%$5.5M$17.1M20xas long as short
Coinbase International MRVL-PERP-INTX−0.0008%1h254.95−0.164%$335K$651K10xas long as short
Aster MRVLUSDT0.0000%8h255.40+0.014%$301K$341K50xas long as short
Extended MRVL-USD0.0000%1h255.30−0.026%$46K$309K10xas long as short
Binance MRVLUSDT0.0000%8h255.57+0.079%$23.5M$113.8M50xas long as short
Bybit MRVLUSDT0.0000%8h255.40+0.013%$5.0M$4.1M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h255.51+0.056%$6.8M$24.5M50xas long as short
Gate MRVL_USDT0.0000%8h255.40+0.013%$5.2M$8.6M50xas long as short
Variational Omni MRVL0.0000%8h255.03−0.134%$709K$463Kas long as short
GRVT MRVL_USDT_Perp0.0000%8h255.09−0.110%$426$191K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX MRVL-USDT0.0000%8h255.21−0.062%$2K$5.9M10xas long as short
HTX MRVL-USDT0.0000%8h255.04−0.128%$131K$47K50xas long as short
BloFin MRVL-USDT+0.0009%8h255.02−0.136%$366K$186K50xas long as short
Aftermath Perps MRVLUSD+0.0016%1h255.17−0.077%$632$46K10xas long as short
QFEX MRVL-USD+0.0025%1h255.39+0.009%$1.1M$3.5M10xas long as short
Lighter MRVL+0.0032%1h255.46+0.036%$88K$167K10xas long as short
Arcus MRVL-USD+0.0040%1h255.02−0.136%$23K$27K5xas long as short
Vest MRVL-USD-PERP+0.0046%1h255.41+0.017%$51K25xas long as short
tradeXYZ xyz:MRVL+0.0050%1h255.31−0.023%$14.1M$9.1M10xas long as short
Polymarket Perps MRVL-USD+0.0050%1h254.93−0.171%$100K$83K10xas long as short
SoDEX MRVL-USD+0.0050%1h255.11−0.101%$184$15K10xas long as short
Ondo Perps MRVL-USD.Pshort+0.0050%1h254.92−0.175%$532K$858K10x
Paradex MRVL-USD-PERP+0.0052%8h255.49+0.047%5xas long as short
Nado MRVL-PERPlong+0.0062%1h255.37long leg$87K$272K10x
Deribit MRVL_USDC-PERPETUAL+0.0064%1h255.13−0.093%$22K$145K10xas long as short
KuCoin MRVLUSDTM+0.0100%8h255.45+0.032%$505K$66K20xas long as short
ApeX Omni MRVLUSDT+0.0100%1h255.07−0.117%$4K$140K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h255.17−0.077%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h255.11−0.099%$1810xas long as short
Phoenix MRVL+0.0125%1h255.25−0.046%$11K$12K10xas long as short
Injective MRVL/USDC PERP+0.0220%1h258.10+1.070%$11K$82312xas long as short
edgeX MRVLUSDC+0.0255%4h255.06−0.121%$36K$374K10xas long as short