Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0868%/8h= −95.0% APRpaid last 24h −0.010%

Price spread now: Bitget against SoDEX+0.071%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Bitget

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

The price spread pays, funding is against you. Bitget is 0.071% dearer against SoDEX than usual: you sell high and buy low (spread +0.071% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 7 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX MRVL-USD	253.76	0.0050	pay 0.0006% / 1h	27m 06s	$178	$15K	10x
Short	Bitget MRVLUSDT	253.94	−0.0818	pay 0.0818% / 8h	2h 27m	$5.5M	$16.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SoDEX. 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 SoDEXbpFee BitgetbpOrdersPrice spread, now +0.071%Rate

Funding earned: −$182.28
Price spread: +0.071% → 0.000%: $7.09
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$195.19
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Bitget: live order book, 2 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 SoDEX no order-book sample	—	—	—	—	—
Sell Bitget live order book, 2 min ago	1.97 bp	11.6 bp −$12	16.9 bp −$169	33.5 bp −$3,355	93.2 bp −$46.6K

SoDEX: 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 MRVLUSDTshort	−0.0818%	8h	253.94	+0.071%	$5.5M	$16.7M	20x
BloFin MRVL-USDT	−0.0012%	8h	253.80	+0.016%	$366K	$177K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	253.77	+0.004%	$299K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	253.62	−0.056%	$47K	$268K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	253.71	−0.019%	$23.5M	$111.4M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	253.61	−0.059%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	253.66	−0.039%	$6.7M	$23.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	253.80	+0.016%	$5.3M	$8.4M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	254.22	+0.180%	$705K	$491K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	254.58	+0.322%	$1K	$191K	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	253.71	−0.020%	$2K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	253.62	−0.055%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	253.64	−0.047%	$128K	$43K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0019%	1h	254.32	+0.220%	$590	$48K	10x	as long as short
QFEX MRVL-USD	+0.0030%	1h	253.65	−0.043%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	253.66	−0.039%	$88K	$201K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.02	+0.102%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	253.95	+0.075%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	253.62	−0.055%	$13.9M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	253.50	−0.102%	$101K	$80K	10x	as long as short
SoDEX MRVL-USDlong	+0.0050%	1h	253.76	long leg	$178	$15K	10x
Ondo Perps MRVL-USD.P	+0.0050%	1h	253.55	−0.083%	$559K	$741K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	253.63	−0.052%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0082%	1h	253.69	−0.027%	$86K	$272K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	253.60	−0.063%	$318K	$634K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	254.29	+0.209%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	253.64	−0.047%	$2K	$3K	10x	as long as short
KuCoin MRVLUSDTM	+0.0103%	8h	253.82	+0.024%	$501K	$63K	20x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	253.62	−0.055%	$18	—	10x	as long as short
Phoenix MRVL	+0.0157%	1h	254.67	+0.359%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+1.923%	$11K	$735	12x	as long as short
edgeX MRVLUSDC	+0.0960%	4h	254.58	+0.324%	$36K	$372K	10x	as long as short