Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.016%

Price spread now: Vest against Orderly+0.088%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Vest

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—+ Points / potential airdropVest: Active · farm boardneeds both histories

The price spread pays, funding is against you. Vest is 0.088% dearer against Orderly than usual: you sell high and buy low (spread +0.088% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_MRVL_USDC_mythos	261.17	0.0100	pay 0.0100% / 8h	7h 51m	$2K	$3K	10x
Short	Vest MRVL-USD-PERP	261.40	0.0046	get 0.0006% / 1h	51m 27s	—	$46K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.088%Rate

Funding earned: −$11.41
Price spread: +0.088% → 0.000%: $8.81
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Vest: 1 bp × 2 orders: −$2
Net: −$10.6
Costs to cover: 0.080%
Break-even: from the start

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

Orderly and Vest: 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	−0.0024%	8h	260.32	−0.325%	$374K	$170K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	260.99	−0.067%	$315K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	261.13	−0.015%	$5.2M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.25	+0.031%	$7.1M	$22.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.18	+0.004%	$5.7M	$9.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	261.20	+0.011%	$5.6M	$16.5M	20x	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.26	−0.347%	$297	$221K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.55	−0.237%	$2K	$6.8M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.01	−0.444%	$131K	$51K	50x	as long as short
Variational Omni MRVL	+0.0005%	8h	261.21	+0.017%	$724K	$767K	—	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0015%	1h	260.01	−0.443%	$892	$52K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0019%	1h	260.42	−0.287%	$23K	$143K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	258.35	−1.080%	$319K	$764K	10x	as long as short
QFEX MRVL-USD	+0.0027%	1h	261.16	−0.004%	$1.1M	$4.3M	10x	as long as short
Lighter MRVL	+0.0032%	1h	261.29	+0.046%	$96K	$209K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.03	−0.436%	$26K	$28K	5x	as long as short
Vest MRVL-USD-PERPshort	+0.0046%	1h	261.40	+0.088%	—	$46K	25x
tradeXYZ xyz:MRVL	+0.0050%	1h	261.09	−0.031%	$14.7M	$8.9M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	261.24	+0.027%	$105K	$86K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.88	−0.111%	$580K	$934K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0057%	8h	261.22	+0.018%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0060%	1h	261.09	−0.030%	$88K	$316K	10x	as long as short
Binance MRVLUSDT	+0.0061%	8h	261.18	+0.006%	$24.3M	$114.9M	50x	as long as short
Extended MRVL-USD	+0.0064%	1h	261.16	−0.004%	$50K	$221K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.97	−0.077%	$517K	$70K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.14	−0.394%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythoslong	+0.0100%	8h	261.17	long leg	$2K	$3K	10x
Aevo MRVL-PERP	+0.0104%	1h	260.91	−0.101%	$18	—	10x	as long as short
Phoenix MRVL	+0.0216%	1h	260.21	−0.368%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	262.96	+0.685%	$11K	$638	12x	as long as short
SoDEX MRVL-USD	+0.0248%	1h	260.43	−0.283%	$156	$14K	10x	as long as short
edgeX MRVLUSDC	+0.0578%	4h	260.22	−0.362%	$37K	$369K	10x	as long as short