Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0060%/8h= −6.5% APRpaid last 24h +0.007%

Price spread now: Arcus against Orderly−0.128%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 Arcus

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

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Arcus is 0.128% cheaper against Orderly than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_MRVL_USDC_mythos	257.39	0.0100	pay 0.0100% / 8h	2h 03m	$2K	$3K	10x
Short	Arcus MRVL-USD	257.06	0.0040	get 0.0005% / 1h	3m 23s	$25K	$30K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus 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 ArcusbpOrdersPrice spread, now −0.128%Rate

Funding earned: −$12.54
Price spread: −0.128% → 0.000%: −$12.82
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$35.86
Costs to cover: 0.105%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Arcus: 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 Arcus no order-book sample	—	—	—	—	—

Orderly and Arcus: 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
BloFin MRVL-USDT	−0.0023%	8h	257.27	−0.047%	$376K	$172K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	257.25	−0.056%	$310K	$331K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	257.37	−0.009%	$44K	$190K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	257.40	+0.002%	$24.1M	$115.2M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	257.22	−0.066%	$5.1M	$4.2M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	257.30	−0.035%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	257.42	+0.012%	$5.5M	$10.0M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	257.31	−0.031%	$5.6M	$16.4M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	257.38	−0.004%	$710K	$760K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	257.34	−0.019%	$394	$249K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	257.41	+0.008%	$1K	$7.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	257.26	−0.051%	$22K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	257.25	−0.054%	$130K	$81K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0015%	1h	257.23	−0.061%	$597	$54K	10x	as long as short
Lighter MRVL	+0.0032%	1h	257.40	+0.004%	$91K	$219K	10x	as long as short
Arcus MRVL-USDshort	+0.0040%	1h	257.06	−0.128%	$25K	$30K	5x
QFEX MRVL-USD	+0.0043%	1h	257.33	−0.023%	$1.1M	$4.2M	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	257.47	+0.031%	—	$41K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	257.21	−0.070%	$14.5M	$9.8M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	257.36	−0.012%	$257	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	257.23	−0.062%	$585K	$939K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0062%	8h	257.29	−0.040%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	257.19	−0.078%	$509K	$72K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	257.15	−0.093%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythoslong	+0.0100%	8h	257.39	long leg	$2K	$3K	10x
Aevo MRVL-PERP	+0.0104%	1h	257.35	−0.015%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0112%	1h	257.13	−0.101%	$317K	$890K	10x	as long as short
Polymarket Perps MRVL-USD	+0.0127%	1h	257.49	+0.039%	$106K	$64K	10x	as long as short
Phoenix MRVL	+0.0156%	1h	257.24	−0.058%	$11K	$12K	10x	as long as short
edgeX MRVLUSDC	+0.0188%	4h	257.34	−0.018%	$36K	$368K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	259.72	+0.905%	$11K	$609	12x	as long as short
Nado MRVL-PERP	+0.0407%	1h	257.15	−0.091%	$509K	$66K	10x	as long as short