Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0086%/8h= +9.4% APRpaid last 24h +0.020%

Price spread now: Orderly against Aftermath Perps+0.042%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on Orderly

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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.042% dearer against Aftermath Perps than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps MRVLUSD	260.52	0.0014	pay 0.0002% / 1h	52m 13s	$885	$50K	10x
Short	Orderly PERP_MRVL_USDC_mythos	260.63	0.0100	get 0.0100% / 8h	5h 52m	$2K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Aftermath Perps. 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 Aftermath PerpsbpFee OrderlybpOrdersPrice spread, now +0.042%Rate

Funding earned: $18.02
Price spread: +0.042% → 0.000%: $4.15
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Orderly: 3 bp × 2 orders: −$6
Net: $7.17
Costs to cover: 0.150%
Break-even: 4.2 days

Slippage unknown: Aftermath Perps: 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Aftermath Perps 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 31 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	260.50	−0.009%	$313K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.54	+0.007%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.58	+0.022%	$7.0M	$22.2M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.68	+0.061%	$5.6M	$8.3M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.64	+0.045%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.75	+0.088%	$716K	$656K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.78	+0.099%	$472	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.62	+0.038%	$2K	$6.2M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.77	+0.095%	$132K	$41K	50x	as long as short
Aftermath Perps MRVLUSDlong	+0.0014%	1h	260.52	long leg	$885	$50K	10x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX MRVL-USD	+0.0026%	1h	260.67	+0.057%	$1.1M	$3.7M	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.55	+0.011%	$95K	$203K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0032%	1h	260.17	−0.135%	$335K	$631K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.40	−0.047%	$25K	$26K	5x	as long as short
Binance MRVLUSDT	+0.0045%	8h	260.62	+0.038%	$24.2M	$107.9M	50x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.98	+0.176%	—	$45K	25x	as long as short
Extended MRVL-USD	+0.0048%	1h	260.54	+0.008%	$51K	$356K	10x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.46	−0.024%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.56	+0.015%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.55	+0.011%	$135	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.51	−0.005%	$575K	$677K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	260.56	+0.013%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.80	+0.107%	$515K	$62K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.50	−0.008%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythosshort	+0.0100%	8h	260.63	+0.042%	$2K	$3K	10x
Aevo MRVL-PERP	+0.0104%	1h	260.59	+0.025%	$18	—	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0172%	1h	260.53	+0.003%	$23K	$143K	10x	as long as short
Nado MRVL-PERP	+0.0178%	1h	260.47	−0.020%	$89K	$273K	10x	as long as short
Phoenix MRVL	+0.0215%	1h	260.48	−0.016%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.02	+0.959%	$11K	$680	12x	as long as short
edgeX MRVLUSDC	+0.0817%	4h	260.80	+0.107%	$37K	$370K	10x	as long as short