Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h —

Price spread now: Binance against Paradex+0.045%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Binance

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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.045% dearer against Paradex than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex MRVL-USD-PERP	261.71	0.0054	pay 0.0054% / 8h	7h 27m	—	—	5x
Short	Binance MRVLUSDT	261.83	0.0078	get 0.0078% / 8h	7h 27m	$24.2M	$114.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.045%Rate

Funding earned: $5.02
Price spread: +0.045% → 0.000%: $4.53
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Binance: 5 bp × 2 orders: −$10
Net: −$4.45
Costs to cover: 0.140%
Break-even: 13.2 days

Slippage unknown: Paradex: no order-book sample; Binance: live order book, 15 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 Binance live order book, 15 min ago	0.19 bp	7.1 bp −$7	14.3 bp −$143	56.1 bp −$5,610	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
BloFin MRVL-USDT	−0.0003%	8h	261.44	−0.102%	$376K	$170K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	261.53	−0.069%	$315K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	261.73	+0.008%	$5.2M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.89	+0.070%	$7.1M	$22.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.76	+0.020%	$5.6M	$9.5M	50x	as long as short
SunX MRVL-USDT	0.0000%	8h	261.77	+0.024%	$1K	$6.7M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	261.67	−0.014%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	261.03	−0.259%	$132K	$51K	50x	as long as short
GRVT MRVL_USDT_Perp	+0.0003%	8h	261.24	−0.179%	$280	$206K	10x	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	261.12	−0.226%	$887	$52K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MRVL	+0.0015%	8h	261.26	−0.169%	$725K	$766K	—	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	260.67	−0.397%	$335K	$778K	10x	as long as short
QFEX MRVL-USD	+0.0027%	1h	261.83	+0.047%	$1.1M	$4.2M	10x	as long as short
Lighter MRVL	+0.0032%	1h	261.79	+0.031%	$96K	$209K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	261.19	−0.198%	$26K	$28K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	262.03	+0.123%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	261.68	−0.011%	$14.8M	$9.0M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	261.77	+0.024%	$105K	$86K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	261.48	−0.087%	$570K	$945K	10x	as long as short
Paradex MRVL-USD-PERPlong	+0.0054%	8h	261.71	long leg	—	—	5x
Nado MRVL-PERP	+0.0064%	1h	261.59	−0.045%	$88K	$317K	10x	as long as short
Binance MRVLUSDTshort	+0.0078%	8h	261.83	+0.045%	$24.2M	$114.6M	50x
Extended MRVL-USD	+0.0080%	1h	261.79	+0.029%	$47K	$347K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.64	−0.026%	$517K	$67K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.61	−0.419%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	261.77	+0.024%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	261.73	+0.008%	$18	—	10x	as long as short
SoDEX MRVL-USD	+0.0108%	1h	261.70	−0.003%	$115	$15K	10x	as long as short
Bitget MRVLUSDT	+0.0166%	8h	261.81	+0.039%	$5.6M	$16.5M	20x	as long as short
edgeX MRVLUSDC	+0.0172%	4h	261.21	−0.189%	$37K	$371K	10x	as long as short
Phoenix MRVL	+0.0216%	1h	261.44	−0.102%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.77	+0.788%	$11K	$658	12x	as long as short