Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Orderly against ApeX Omni−0.054%70s7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.054% cheaper against ApeX Omni than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 70 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	ApeX Omni MRVLUSDT	260.49	0.0100	pay 0.0013% / 1h	50m 04s	$4K	$141K	50x
Short	Orderly PERP_MRVL_USDC_mythos	260.35	0.0100	get 0.0100% / 8h	5h 50m	$2K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against ApeX Omni. 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 ApeX OmnibpFee OrderlybpOrdersPrice spread, now −0.054%Rate

Funding earned: $0
Price spread: −0.054% → 0.000%: −$5.37
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$21.37
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: ApeX Omni: live order book, 11 min ago; 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 ApeX Omni live order book, 11 min ago	23.05 bp	38.5 bp −$39	195.2 bp −$1,952	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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	260.39	−0.039%	$313K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.26	−0.088%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.30	−0.073%	$7.0M	$22.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.36	−0.050%	$5.6M	$8.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.39	−0.038%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.51	+0.009%	$717K	$654K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.65	+0.063%	$467	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.31	−0.069%	$1K	$6.2M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	260.19	−0.115%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.63	+0.054%	$131K	$42K	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0015%	1h	260.37	−0.047%	$935	$50K	10x	as long as short
QFEX MRVL-USD	+0.0026%	1h	260.35	−0.054%	$1.1M	$3.7M	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.29	−0.077%	$95K	$203K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0032%	1h	260.17	−0.123%	$335K	$631K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.33	−0.061%	$25K	$26K	5x	as long as short
Binance MRVLUSDT	+0.0045%	8h	260.30	−0.073%	$24.2M	$107.9M	50x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.72	+0.088%	—	$45K	25x	as long as short
Extended MRVL-USD	+0.0048%	1h	260.25	−0.092%	$51K	$353K	10x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.16	−0.127%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.30	−0.073%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.27	−0.084%	$146	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.43	−0.023%	$575K	$676K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	260.38	−0.043%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.54	+0.019%	$514K	$62K	20x	as long as short
ApeX Omni MRVLUSDTlong	+0.0100%	1h	260.49	long leg	$4K	$141K	50x
Orderly PERP_MRVL_USDC_mythosshort	+0.0100%	8h	260.35	−0.054%	$2K	$3K	10x
Aevo MRVL-PERP	+0.0104%	1h	260.26	−0.088%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0157%	1h	260.30	−0.073%	$89K	$273K	10x	as long as short
Phoenix MRVL	+0.0215%	1h	260.69	+0.077%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.02	+0.971%	$11K	$680	12x	as long as short
edgeX MRVLUSDC	+0.0421%	4h	260.63	+0.055%	$37K	$370K	10x	as long as short