Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against OKX−0.047%7-day average −0.057% · you buy dearer than you sell

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

Long on OKX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.104%+$10 on $10k

Price spread, last 4 days (all we have)−0.077%−$8 · spread now −0.047%, 7d avg −0.057%

Together, before fees+0.027%+ Points / potential airdropOndo Perps: Active · farm board+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.057%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX MRVL-USDT-SWAP	255.88	0	get 0.0000% / 8h	3h 19m	$6.8M	$22.7M	50x
Short	Ondo Perps MRVL-USD.P	255.76	0.0050	get 0.0006% / 1h	19m 17s	$549K	$751K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against OKX. 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 OKXbpFee Ondo PerpsbpOrdersPrice spread, now −0.047%Rate

Funding earned: $10.58
Price spread: −0.047% → −0.057%: $1.01
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$3.4
Costs to cover: 0.150%
Break-even: 9.2 days

Slippage unknown: OKX: live order book, 4 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 4 min ago	0.19 bp	7.7 bp −$8	16.9 bp −$169	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MRVLUSDT	−0.0223%	8h	255.94	+0.023%	$5.5M	$16.4M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.92	+0.016%	$301K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.87	−0.005%	$49K	$346K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.92	+0.016%	$23.5M	$109.7M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.79	−0.035%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAPlong	0.0000%	8h	255.88	long leg	$6.8M	$22.7M	50x
Gate MRVL_USDT	0.0000%	8h	255.90	+0.008%	$5.4M	$8.2M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.31	+0.168%	$711K	$631K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.26	+0.147%	$602	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	255.91	+0.012%	$2K	$6.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.84	−0.016%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.91	+0.012%	$129K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0021%	1h	256.15	+0.105%	$698	$49K	10x	as long as short
BloFin MRVL-USDT	+0.0024%	8h	255.81	−0.027%	$367K	$173K	50x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.88	0.000%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.83	−0.020%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.90	+0.008%	$25K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.14	+0.102%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.70	−0.070%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.66	−0.086%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.82	−0.023%	$169	$15K	10x	as long as short
Ondo Perps MRVL-USD.Pshort	+0.0050%	1h	255.76	−0.047%	$549K	$751K	10x
Paradex MRVL-USD-PERP	+0.0050%	8h	255.82	−0.025%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.85	−0.012%	$322K	$634K	10x	as long as short
Nado MRVL-PERP	+0.0094%	1h	255.88	0.000%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.21	+0.129%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.90	+0.008%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.84	−0.014%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0105%	8h	256.05	+0.066%	$506K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	256.12	+0.094%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.255%	$11K	$734	12x	as long as short
edgeX MRVLUSDC	+0.0402%	4h	256.34	+0.180%	$36K	$373K	10x	as long as short