Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h −0.020%

Price spread now: Aftermath Perps against Orderly−0.014%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs 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: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_MRVL_USDC_mythos	260.73	0.0100	pay 0.0100% / 8h	4h 21m	$2K	$3K	10x
Short	Aftermath Perps MRVLUSD	260.69	0.0020	get 0.0002% / 1h	21m 12s	$665	$49K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Orderly. 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 OrderlybpFee Aftermath PerpsbpOrdersPrice spread, now −0.014%Rate

Funding earned: −$16.84
Price spread: −0.014% → 0.000%: −$1.36
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$33.19
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Aftermath 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 Orderly no order-book sample	—	—	—	—	—
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Orderly and Aftermath 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
Aster MRVLUSDT	0.0000%	8h	260.87	+0.053%	$313K	$331K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	260.70	−0.011%	$47K	$349K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	260.75	+0.008%	$24.2M	$107.7M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.68	−0.019%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.66	−0.027%	$7.0M	$22.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.75	+0.008%	$5.6M	$8.1M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.77	+0.015%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.37	−0.139%	$717K	$637K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.74	+0.003%	$662	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.82	+0.035%	$1K	$6.1M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRVL-USDT	0.0000%	8h	260.76	+0.012%	$131K	$42K	50x	as long as short
BloFin MRVL-USDT	+0.0004%	8h	260.65	−0.031%	$375K	$172K	50x	as long as short
Aftermath Perps MRVLUSDshort	+0.0020%	1h	260.69	−0.014%	$665	$49K	10x
Lighter MRVL	+0.0032%	1h	260.73	0.000%	$94K	$200K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	260.80	+0.027%	$1.1M	$3.6M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.40	−0.127%	$26K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.11	+0.146%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.54	−0.073%	$14.5M	$8.3M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.63	−0.038%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.68	−0.019%	$104	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.66	−0.027%	$576K	$680K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0055%	8h	260.76	+0.013%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	259.84	−0.341%	$334K	$628K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.73	0.000%	$515K	$60K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.53	−0.077%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythoslong	+0.0100%	8h	260.73	long leg	$2K	$3K	10x
Aevo MRVL-PERP	+0.0104%	1h	260.72	−0.004%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0127%	1h	260.59	−0.055%	$89K	$272K	10x	as long as short
Phoenix MRVL	+0.0153%	1h	260.75	+0.008%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.30	+0.986%	$11K	$705	12x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0556%	1h	260.75	+0.008%	$23K	$144K	10x	as long as short
edgeX MRVLUSDC	+0.0665%	4h	260.55	−0.068%	$37K	$371K	10x	as long as short