Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0051%/8h= −5.6% APRpaid last 24h +0.021%

Price spread now: BloFin against Vest−0.131%7-day average — · you buy dearer than you sell

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

Long on Vest Short on BloFin

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—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BloFin is 0.131% cheaper against Vest than usual: you would sell low and buy high (−$13 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	Vest MRVL-USD-PERP	259.63	0.0046	pay 0.0006% / 1h	15m 47s	—	$46K	25x
Short	BloFin MRVL-USDT	259.29	−0.0005	pay 0.0005% / 8h	15m 47s	$375K	$170K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.131%Rate

Funding earned: −$10.73
Price spread: −0.131% → 0.000%: −$13.1
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$37.82
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; BloFin: live order book, 59 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 BloFin live order book, 59 min ago	0.19 bp	10.2 bp −$10	15.4 bp −$154	doesn't fit	doesn't fit

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
BloFin MRVL-USDTshort	−0.0005%	8h	259.29	−0.131%	$375K	$170K	50x
Aster MRVLUSDT	0.0000%	8h	259.16	−0.181%	$313K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	259.23	−0.154%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.25	−0.146%	$7.1M	$22.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	259.33	−0.116%	$5.7M	$9.8M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	259.30	−0.127%	$5.6M	$16.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	259.35	−0.109%	$722K	$764K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	259.35	−0.108%	$1K	$6.8M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.62	−0.004%	$131K	$59K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0019%	1h	259.24	−0.150%	$880	$53K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MRVL	+0.0032%	1h	259.35	−0.108%	$96K	$213K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	259.36	−0.104%	$1.1M	$4.3M	10x	as long as short
Binance MRVLUSDT	+0.0039%	8h	259.30	−0.127%	$24.3M	$114.7M	50x	as long as short
Extended MRVL-USD	+0.0040%	1h	259.31	−0.123%	$49K	$206K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.12	−0.196%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERPlong	+0.0046%	1h	259.63	long leg	—	$46K	25x
tradeXYZ xyz:MRVL	+0.0050%	1h	259.20	−0.166%	$14.6M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.33	−0.116%	$108K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.32	−0.119%	$171	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.20	−0.166%	$587K	$932K	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0059%	8h	259.44	−0.073%	$700	$224K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0062%	8h	259.30	−0.129%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	258.35	−0.493%	$319K	$767K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0097%	1h	259.37	−0.100%	$22K	$143K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	259.27	−0.139%	$514K	$68K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	259.19	−0.169%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.35	−0.108%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.33	−0.115%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0154%	1h	259.27	−0.137%	$88K	$316K	10x	as long as short
Phoenix MRVL	+0.0217%	1h	259.48	−0.058%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.85	+0.855%	$11K	$629	12x	as long as short
edgeX MRVLUSDC	+0.0945%	4h	259.39	−0.093%	$36K	$370K	10x	as long as short