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

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0103%/8h= +11.2% APRnext payment +$0.13 per $10,000 · paid last 24h +0.034%
Price spread now: Phoenix against Ondo Perps−0.012%48s7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps MRVL-USD.P260.510.0050pay 0.0006% / 1h54m 33s$575K$677K10x
ShortPhoenix MRVL260.480.0153get 0.0019% / 1h54m 33s$11K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Ondo Perps. 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
$21.54
Price spread: −0.012% → 0.000%
−$1.15
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$8.39
Costs to cover
0.120%
Break-even
4.3 days
Slippage unknown: Ondo Perps: no order-book sample; Phoenix: 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 Ondo Perps no order-book sample
Sell Phoenix no order-book sample
Ondo Perps and Phoenix: 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 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%8h260.60+0.034%$313K$330K50xas long as short
Bybit MRVLUSDT0.0000%8h260.72+0.081%$5.1M$3.8M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h260.76+0.096%$7.1M$22.2M50xas long as short
Gate MRVL_USDT0.0000%8h260.82+0.119%$5.6M$8.3M50xas long as short
Bitget MRVLUSDT0.0000%8h260.81+0.115%$5.6M$16.0M20xas long as short
Variational Omni MRVL0.0000%8h260.75+0.093%$716K$656Kas long as short
GRVT MRVL_USDT_Perp0.0000%8h260.78+0.104%$472$189K10xas long as short
SunX MRVL-USDT0.0000%8h260.84+0.127%$2K$6.2M10xas long as short
HTX MRVL-USDT0.0000%8h260.77+0.100%$132K$41K50xas long as short
Aftermath Perps MRVLUSD+0.0014%1h260.44−0.027%$884$50K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX MRVL-USD+0.0026%1h260.78+0.104%$1.1M$3.7M10xas long as short
Lighter MRVL+0.0032%1h260.77+0.100%$95K$203K10xas long as short
Coinbase International MRVL-PERP-INTX+0.0032%1h260.17−0.131%$335K$631K10xas long as short
Arcus MRVL-USD+0.0040%1h260.38−0.050%$25K$26K5xas long as short
Binance MRVLUSDT+0.0045%8h260.79+0.107%$24.2M$107.9M50xas long as short
Vest MRVL-USD-PERP+0.0046%1h261.06+0.211%$45K25xas long as short
Extended MRVL-USD+0.0048%1h260.76+0.095%$51K$356K10xas long as short
tradeXYZ xyz:MRVL+0.0050%1h260.64+0.050%$14.6M$8.4M10xas long as short
Polymarket Perps MRVL-USD+0.0050%1h260.72+0.081%$104K$79K10xas long as short
SoDEX MRVL-USD+0.0050%1h260.75+0.092%$151$15K10xas long as short
Ondo Perps MRVL-USD.Plong+0.0050%1h260.51long leg$575K$677K10x
Paradex MRVL-USD-PERP+0.0052%8h260.73+0.083%5xas long as short
Deribit MRVL_USDC-PERPETUAL+0.0095%1h260.77+0.100%$23K$143K10xas long as short
KuCoin MRVLUSDTM+0.0100%8h260.75+0.092%$515K$62K20xas long as short
ApeX Omni MRVLUSDT+0.0100%1h260.50−0.004%$4K$141K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h260.78+0.104%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h260.76+0.095%$1810xas long as short
Phoenix MRVLshort+0.0153%1h260.48−0.012%$11K$12K10x
Nado MRVL-PERP+0.0204%1h260.67+0.062%$89K$273K10xas long as short
Injective MRVL/USDC PERP+0.0220%1h263.02+0.963%$11K$68012xas long as short
edgeX MRVLUSDC+0.0932%4h260.68+0.064%$37K$369K10xas long as short