Funding arb · Price arb /

MRVL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.037%

Price spread now: Aster against Arcus+0.053%7-day average — · you sell dearer than you buy

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

Long on Arcus Short on Aster

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 airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.053% dearer against Arcus than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus MRVL-USD	259.01	0.0040	pay 0.0005% / 1h	39m 03s	$25K	$29K	5x
Short	Aster MRVLUSDT	259.15	0	get 0.0000% / 8h	39m 03s	$313K	$328K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Arcus. 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 ArcusbpFee AsterbpOrdersPrice spread, now +0.053%Rate

Funding earned: −$8.46
Price spread: +0.053% → 0.000%: $5.28
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$15.68
Costs to cover: 0.125%
Break-even: never at this rate

Slippage unknown: Arcus: no order-book sample; Aster: live order book, 38 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 Arcus no order-book sample	—	—	—	—	—
Sell Aster live order book, 38 min ago	2.71 bp	19.1 bp −$19	290.7 bp −$2,907	doesn't fit	doesn't fit

Arcus: 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-USDT	−0.0004%	8h	259.29	+0.108%	$376K	$171K	50x	as long as short
Aster MRVLUSDTshort	0.0000%	8h	259.15	+0.053%	$313K	$328K	50x
Bybit MRVLUSDT	0.0000%	8h	259.21	+0.077%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.32	+0.120%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	259.32	+0.120%	$5.7M	$9.7M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	259.34	+0.127%	$5.6M	$16.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	259.08	+0.028%	$720K	$763K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	259.42	+0.158%	$1K	$6.9M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.29	+0.108%	$131K	$80K	50x	as long as short
Extended MRVL-USD	+0.0008%	1h	259.36	+0.134%	$49K	$206K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MRVLUSDT	+0.0011%	8h	259.37	+0.139%	$24.3M	$114.8M	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	259.00	−0.005%	$637	$53K	10x	as long as short
Lighter MRVL	+0.0032%	1h	259.43	+0.162%	$96K	$213K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	259.35	+0.131%	$1.1M	$4.3M	10x	as long as short
Arcus MRVL-USDlong	+0.0040%	1h	259.01	long leg	$25K	$29K	5x
Vest MRVL-USD-PERP	+0.0046%	1h	259.71	+0.270%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.21	+0.077%	$14.6M	$9.2M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.31	+0.116%	$109K	$81K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.37	+0.139%	$233	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	258.82	−0.073%	$591K	$926K	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0052%	8h	259.11	+0.039%	$741	$226K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	258.35	−0.255%	$319K	$885K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0069%	8h	259.26	+0.097%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	259.18	+0.066%	$514K	$69K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	258.91	−0.039%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.35	+0.131%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.32	+0.119%	$18	—	10x	as long as short
Phoenix MRVL	+0.0217%	1h	259.04	+0.012%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.85	+1.096%	$11K	$629	12x	as long as short
Nado MRVL-PERP	+0.0224%	1h	259.19	+0.070%	$88K	$316K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0367%	1h	259.34	+0.127%	$22K	$143K	10x	as long as short
edgeX MRVLUSDC	+0.0852%	4h	259.07	+0.022%	$36K	$368K	10x	as long as short