Funding arb · Price arb /

MRVL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.016%

Price spread now: Orderly against Vest−0.132%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 Orderly

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

Funding pays, the price is against you. Orderly is 0.132% cheaper against Vest than usual: you would sell low and buy high (spread −0.132% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 8.1 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest MRVL-USD-PERP	257.59	0.0046	pay 0.0006% / 1h	48m 37s	—	$46K	25x
Short	Orderly PERP_MRVL_USDC_mythos	257.25	0.0100	get 0.0100% / 8h	5h 48m	$2K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.132%Rate

Funding earned: $11.41
Price spread: −0.132% → 0.000%: −$13.2
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$9.79
Costs to cover: 0.080%
Break-even: 13.0 days

Slippage unknown: Vest: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample	—	—	—	—	—

Vest and Orderly: 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 exchanges

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	−0.0178%	1h	257.13	−0.179%	$22K	$145K	10x	as long as short
BloFin MRVL-USDT	−0.0024%	8h	257.31	−0.109%	$378K	$215K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.93	−0.255%	$303K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.90	−0.268%	$46K	$285K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.99	−0.233%	$23.5M	$120.0M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.85	−0.287%	$4.9M	$4.2M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.94	−0.252%	$7.0M	$26.2M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	257.16	−0.167%	$5.0M	$8.6M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	256.96	−0.245%	$5.5M	$19.1M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	257.06	−0.206%	$714K	$215K	—	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	257.17	−0.163%	$1K	$5.3M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	257.21	−0.148%	$132K	$49K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	256.61	−0.382%	$1K	$42K	10x	as long as short
Nado MRVL-PERP	+0.0032%	1h	257.34	−0.097%	$88K	$276K	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.82	−0.299%	$104K	$178K	10x	as long as short
tradeXYZ xyz:MRVL	+0.0033%	1h	256.85	−0.287%	$14.1M	$9.5M	10x	as long as short
Injective MRVL/USDC PERP	+0.0033%	1h	256.63	−0.373%	$11K	$823	12x	as long as short
QFEX MRVL-USD	+0.0034%	1h	257.23	−0.140%	$1.2M	$3.5M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.61	−0.380%	$23K	$23K	5x	as long as short
Vest MRVL-USD-PERPlong	+0.0046%	1h	257.59	long leg	—	$46K	25x
Polymarket Perps MRVL-USD	+0.0050%	1h	257.24	−0.136%	$101K	$101K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.71	−0.342%	$544K	$864K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0054%	8h	256.60	−0.383%	—	—	5x	as long as short
edgeX MRVLUSDC	+0.0088%	4h	257.02	−0.220%	$36K	$375K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	257.07	−0.202%	$507K	$238K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.95	−0.248%	$4K	$144K	50x	as long as short
Orderly PERP_MRVL_USDC_mythosshort	+0.0100%	8h	257.25	−0.132%	$2K	$2K	10x
Aevo MRVL-PERP	+0.0104%	1h	257.21	−0.148%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0136%	1h	256.09	−0.582%	$317K	$445K	10x	as long as short
Phoenix MRVL	+0.0187%	1h	257.18	−0.159%	$11K	$13K	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0219%	8h	256.76	−0.321%	$213	$180K	10x	as long as short
SoDEX MRVL-USD	+0.0230%	1h	257.21	−0.148%	$175	$15K	10x	as long as short