Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0019%/8h= −2.1% APRpaid last 24h —

Price spread now: Lighter against Paradex+0.160%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 Lighter

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 · Lighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.160% dearer against Paradex than usual: you sell high and buy low (spread +0.160% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 28 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex MRVL-USD-PERP	254.82	0.0051	pay 0.0051% / 8h	1h 23m	—	—	5x
Short	Lighter MRVL	255.23	0.0032	get 0.0004% / 1h	23m 51s	$88K	$169K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.160%Rate

Funding earned: −$4.06
Price spread: +0.160% → 0.000%: $16.05
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Lighter: 0 bp × 2 orders: $0
Net: $7.99
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 1 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 Lighter live order book, 1 min ago	2.75 bp	3.9 bp −$4	14.4 bp −$144	26.1 bp −$2,613	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	−0.0837%	8h	255.38	+0.219%	$5.5M	$17.1M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.17	+0.137%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.29	+0.183%	$47K	$270K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.38	+0.218%	$23.5M	$113.6M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.40	+0.227%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.51	+0.270%	$6.8M	$24.2M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.41	+0.231%	$5.1M	$8.7M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	254.90	+0.031%	$709K	$473K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	254.83	+0.004%	$800	$190K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	254.95	+0.051%	$2K	$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	255.11	+0.113%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	254.86	+0.015%	$131K	$47K	50x	as long as short
BloFin MRVL-USDT	+0.0012%	8h	254.88	+0.023%	$363K	$184K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0013%	1h	254.67	−0.060%	$682	$47K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	254.33	−0.193%	$332K	$650K	10x	as long as short
Lighter MRVLshort	+0.0032%	1h	255.23	+0.160%	$88K	$169K	10x
QFEX MRVL-USD	+0.0034%	1h	254.93	+0.043%	$1.1M	$3.5M	10x	as long as short
Nado MRVL-PERP	+0.0036%	1h	254.89	+0.026%	$87K	$272K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.58	−0.095%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.11	+0.113%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.16	+0.133%	$14.0M	$9.0M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	254.76	−0.024%	$101K	$82K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.00	+0.070%	$138	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.41	−0.161%	$549K	$806K	10x	as long as short
Paradex MRVL-USD-PERPlong	+0.0051%	8h	254.82	long leg	—	—	5x
KuCoin MRVLUSDTM	+0.0100%	8h	255.17	+0.137%	$505K	$66K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	254.69	−0.051%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	254.98	+0.062%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	254.98	+0.061%	$18	—	10x	as long as short
Phoenix MRVL	+0.0156%	1h	254.59	−0.091%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	257.82	+1.177%	$11K	$853	12x	as long as short
edgeX MRVLUSDC	+0.0819%	4h	254.79	−0.014%	$36K	$372K	10x	as long as short