Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.022%

Price spread now: GRVT against Vest−0.107%63s7-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 GRVT

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 · GRVT: Active · farm boardneeds both histories

Funding pays, the price is against you. GRVT is 0.107% cheaper against Vest than usual: you would sell low and buy high (spread −0.107% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 35 days of funding at the current rate ($0 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest MRVL-USD-PERP	259.65	0.0046	pay 0.0006% / 1h	18m 12s	—	$46K	25x
Short	GRVT MRVL_USDT_Perp	259.37	0.0056	get 0.0056% / 8h	18m 12s	$700	$224K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.107%Rate

Funding earned: $2.17
Price spread: −0.107% → 0.000%: −$10.71
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$19.54
Costs to cover: 0.110%
Break-even: 70.1 days

Slippage unknown: Vest: no order-book sample; GRVT: 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 GRVT live order book, 59 min ago	1.36 bp	11.9 bp −$12	17.8 bp −$178	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
Aster MRVLUSDT	0.0000%	8h	259.18	−0.180%	$313K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	259.36	−0.112%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.39	−0.100%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	259.42	−0.089%	$5.7M	$9.8M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	259.46	−0.073%	$5.6M	$16.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	259.33	−0.123%	$722K	$764K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	259.36	−0.112%	$1K	$6.8M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.62	−0.012%	$131K	$59K	50x	as long as short
BloFin MRVL-USDT	+0.0014%	8h	259.36	−0.112%	$375K	$170K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	259.31	−0.132%	$881	$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	259.46	−0.073%	$96K	$213K	10x	as long as short
Extended MRVL-USD	+0.0032%	1h	259.41	−0.092%	$49K	$206K	10x	as long as short
Binance MRVLUSDT	+0.0036%	8h	259.45	−0.077%	$24.3M	$114.7M	50x	as long as short
QFEX MRVL-USD	+0.0038%	1h	259.39	−0.100%	$1.1M	$4.3M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.15	−0.193%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERPlong	+0.0046%	1h	259.65	long leg	—	$46K	25x
tradeXYZ xyz:MRVL	+0.0050%	1h	259.31	−0.131%	$14.6M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.40	−0.096%	$108K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.41	−0.092%	$161	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.20	−0.173%	$587K	$932K	10x	as long as short
GRVT MRVL_USDT_Perpshort	+0.0056%	8h	259.37	−0.107%	$700	$224K	10x
Paradex MRVL-USD-PERP	+0.0062%	8h	259.35	−0.116%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	258.35	−0.501%	$319K	$767K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	259.25	−0.154%	$514K	$68K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	259.18	−0.181%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.41	−0.092%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.40	−0.097%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0156%	1h	259.30	−0.135%	$88K	$316K	10x	as long as short
Phoenix MRVL	+0.0217%	1h	259.48	−0.065%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.85	+0.847%	$11K	$629	12x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0251%	1h	259.40	−0.096%	$22K	$143K	10x	as long as short
edgeX MRVLUSDC	+0.0374%	4h	259.30	−0.134%	$36K	$369K	10x	as long as short