Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0049%/8h= +5.3% APRpaid last 24h —

Price spread now: ApeX Omni against Paradex−0.066%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. ApeX Omni is 0.066% cheaper against Paradex than usual: you would sell low and buy high (spread −0.066% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 4.5 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex MRVL-USD-PERP	255.65	0.0051	pay 0.0051% / 8h	1h 17m	—	—	5x
Short	ApeX Omni MRVLUSDT	255.48	0.0100	get 0.0013% / 1h	17m 23s	$4K	$140K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Paradex. 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 ParadexbpFee ApeX OmnibpOrdersPrice spread, now −0.066%Rate

Funding earned: $10.23
Price spread: −0.066% → 0.000%: −$6.61
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$10.38
Costs to cover: 0.140%
Break-even: 14.1 days

Slippage unknown: Paradex: no order-book sample; ApeX Omni: live order book, 23 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 23 min ago	27.50 bp	37.1 bp −$37	199.4 bp −$1,994	doesn't fit	doesn't fit

Paradex: 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	−0.0764%	8h	255.57	−0.031%	$5.6M	$17.1M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.48	−0.066%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.45	−0.078%	$47K	$270K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.50	−0.058%	$23.5M	$113.8M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.41	−0.093%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.44	−0.082%	$6.8M	$24.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.51	−0.054%	$5.1M	$8.7M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.49	−0.062%	$710K	$472K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.27	−0.149%	$802	$190K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	255.64	−0.004%	$1K	$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	255.47	−0.070%	$22K	$145K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.23	−0.164%	$131K	$47K	50x	as long as short
BloFin MRVL-USDT	+0.0010%	8h	255.21	−0.172%	$363K	$185K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	255.28	−0.144%	$744	$47K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	254.33	−0.516%	$332K	$650K	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.64	−0.004%	$89K	$169K	10x	as long as short
QFEX MRVL-USD	+0.0034%	1h	255.60	−0.019%	$1.1M	$3.5M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.21	−0.172%	$23K	$27K	5x	as long as short
Nado MRVL-PERP	+0.0042%	1h	255.30	−0.135%	$87K	$272K	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.80	+0.059%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.42	−0.090%	$14.1M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.39	−0.101%	$101K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.48	−0.066%	$112	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.50	−0.058%	$551K	$809K	10x	as long as short
Paradex MRVL-USD-PERPlong	+0.0051%	8h	255.65	long leg	—	—	5x
KuCoin MRVLUSDTM	+0.0100%	8h	255.60	−0.019%	$506K	$66K	20x	as long as short
ApeX Omni MRVLUSDTshort	+0.0100%	1h	255.48	−0.066%	$4K	$140K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.49	−0.062%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.46	−0.075%	$18	—	10x	as long as short
Phoenix MRVL	+0.0156%	1h	255.39	−0.101%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	257.82	+0.849%	$11K	$853	12x	as long as short
edgeX MRVLUSDC	+0.0348%	4h	255.26	−0.152%	$36K	$374K	10x	as long as short