Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.015%

Price spread now: OKX against SoDEX−0.065%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on OKX

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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.065% cheaper against SoDEX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX MRVL-USD	261.49	0.0104	pay 0.0013% / 1h	24m 48s	$126	$15K	10x
Short	OKX MRVL-USDT-SWAP	261.32	0	get 0.0000% / 8h	7h 24m	$7.1M	$22.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.065%Rate

Funding earned: −$21.8
Price spread: −0.065% → 0.000%: −$6.5
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$46.3
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago	0.19 bp	8.7 bp −$9	16.4 bp −$164	doesn't fit	doesn't fit

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
Deribit MRVL_USDC-PERPETUAL	−0.0018%	1h	261.34	−0.057%	$23K	$143K	10x	as long as short
Aster MRVLUSDT	0.0000%	8h	261.46	−0.010%	$315K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	261.28	−0.080%	$5.2M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAPshort	0.0000%	8h	261.32	−0.065%	$7.1M	$22.7M	50x
Gate MRVL_USDT	0.0000%	8h	261.59	+0.038%	$5.6M	$9.5M	50x	as long as short
SunX MRVL-USDT	0.0000%	8h	261.51	+0.008%	$1K	$6.6M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	261.68	+0.073%	$132K	$45K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	261.39	−0.039%	$943	$52K	10x	as long as short
BloFin MRVL-USDT	+0.0020%	8h	261.50	+0.004%	$375K	$171K	50x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	260.67	−0.314%	$335K	$764K	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	+0.0026%	8h	261.63	+0.052%	$726K	$765K	—	as long as short
QFEX MRVL-USD	+0.0027%	1h	261.47	−0.008%	$1.1M	$4.2M	10x	as long as short
Lighter MRVL	+0.0032%	1h	261.35	−0.054%	$96K	$209K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	261.36	−0.050%	$26K	$28K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	262.04	+0.210%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	261.27	−0.084%	$14.9M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	261.52	+0.011%	$105K	$86K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	261.78	+0.111%	$575K	$946K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0054%	8h	261.61	+0.047%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0073%	1h	261.60	+0.041%	$89K	$319K	10x	as long as short
Extended MRVL-USD	+0.0080%	1h	261.53	+0.016%	$47K	$347K	10x	as long as short
Binance MRVLUSDT	+0.0082%	8h	261.35	−0.054%	$24.2M	$114.8M	50x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.58	+0.034%	$518K	$67K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	261.66	+0.065%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	261.50	+0.004%	$2K	$3K	10x	as long as short
SoDEX MRVL-USDlong	+0.0104%	1h	261.49	long leg	$126	$15K	10x
Aevo MRVL-PERP	+0.0104%	1h	261.47	−0.007%	$18	—	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0125%	8h	262.04	+0.212%	$231	$204K	10x	as long as short
edgeX MRVLUSDC	+0.0182%	4h	261.91	+0.159%	$37K	$368K	10x	as long as short
Bitget MRVLUSDT	+0.0193%	8h	261.53	+0.015%	$5.6M	$16.5M	20x	as long as short
Phoenix MRVL	+0.0216%	1h	261.89	+0.153%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.77	+0.872%	$11K	$658	12x	as long as short