Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0585%/8h= −64.0% APRpaid last 24h −0.009%

Price spread now: Bitget against Vest+0.027%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

The price spread pays, funding is against you. Bitget is 0.027% dearer against Vest than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 4 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest MRVL-USD-PERP	255.29	0.0046	pay 0.0006% / 1h	20m 56s	—	$51K	25x
Short	Bitget MRVLUSDT	255.36	−0.0539	pay 0.0539% / 8h	20m 56s	$5.5M	$17.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Vest. 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 VestbpFee BitgetbpOrdersPrice spread, now +0.027%Rate

Funding earned: −$122.78
Price spread: +0.027% → 0.000%: $2.74
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$134.04
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Bitget: live order book, 3 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 Vest no order-book sample	—	—	—	—	—
Sell Bitget live order book, 3 min ago	0.98 bp	9.6 bp −$10	15.1 bp −$151	26.0 bp −$2,596	90.1 bp −$45.0K

Vest: 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	−0.0539%	8h	255.36	+0.027%	$5.5M	$17.2M	20x
Coinbase International MRVL-PERP-INTX	−0.0008%	1h	254.76	−0.208%	$334K	$652K	10x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.10	−0.073%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.13	−0.063%	$50K	$308K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.16	−0.051%	$23.5M	$114.0M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.06	−0.090%	$5.0M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.16	−0.051%	$6.8M	$24.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.21	−0.031%	$5.1M	$8.7M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	254.89	−0.158%	$714K	$468K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	254.86	−0.168%	$367	$189K	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	255.24	−0.020%	$1K	$5.9M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.01	−0.110%	$22K	$145K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.02	−0.106%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0017%	1h	255.05	−0.094%	$676	$46K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.16	−0.051%	$1.1M	$3.5M	10x	as long as short
BloFin MRVL-USDT	+0.0027%	8h	255.02	−0.106%	$367K	$188K	50x	as long as short
Lighter MRVL	+0.0032%	1h	255.08	−0.082%	$88K	$167K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.80	−0.192%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERPlong	+0.0046%	1h	255.29	long leg	—	$51K	25x
tradeXYZ xyz:MRVL	+0.0050%	1h	254.94	−0.137%	$14.1M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.05	−0.094%	$99K	$84K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.07	−0.086%	$209	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.72	−0.223%	$531K	$839K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.11	−0.071%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0056%	1h	255.10	−0.075%	$87K	$272K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	255.05	−0.094%	$504K	$69K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.09	−0.078%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.10	−0.074%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.08	−0.081%	$18	—	10x	as long as short
Phoenix MRVL	+0.0125%	1h	254.98	−0.121%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.02	+1.069%	$11K	$827	12x	as long as short
edgeX MRVLUSDC	+0.0393%	4h	254.88	−0.160%	$36K	$374K	10x	as long as short