Settings8H · net · $10k
Funding arb · Price arb /

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.021%
Price spread now: Coinbase International against Aster−0.057%54s7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$570.570% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.461%+$46 on $10k
Price spread, last 4 days (all we have)−0.135%−$13 · spread now −0.057%, 7d avg +0.018%
Together, before fees+0.326%+ Points / potential airdropAster: Stage 5 · farm board+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.075% cheaper against Aster than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of +0.018%). If the spread goes back, that is −$8 on $10k: about 3.5 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.461% in total) that is about 27 hours. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MRVLUSDT253.040get 0.0000% / 8h7h 37m$298K$341K50x
ShortCoinbase International MRVL-PERP-INTX252.900.0072get 0.0009% / 1h37m 30s$322K$661K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aster. 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

Funding earned
$15.12
Price spread: −0.057% → +0.018%
−$7.51
Slippage, 4 orders
−$38.98
Fee Aster: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$49.37
Costs to cover
0.570%
Break-even
29.9 days
Slippage from Aster: live order book, 60 min ago; Coinbase International: live order book, 61 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 60 min ago3.32 bp17.5 bp −$18136.4 bp −$1,364doesn't fitdoesn't fit
Sell Coinbase International live order book, 61 min ago3.72 bp9.1 bp −$912.9 bp −$129doesn't fitdoesn't fit

MRVL on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MRVLUSDT−0.0414%8h253.02−0.009%$5.5M$17.6M20xas long as short
BloFin MRVL-USDT−0.0018%8h252.85−0.076%$364K$192K50xas long as short
Aster MRVLUSDTlong0.0000%8h253.04long leg$298K$341K50x
Extended MRVL-USD0.0000%1h253.02−0.008%$47K$300K10xas long as short
Binance MRVLUSDT0.0000%8h253.01−0.014%$23.3M$115.4M50xas long as short
Bybit MRVLUSDT0.0000%8h252.88−0.065%$4.9M$4.1M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h252.95−0.037%$6.7M$24.1M50xas long as short
Gate MRVL_USDT0.0000%8h253.02−0.009%$5.0M$8.5M50xas long as short
Variational Omni MRVL0.0000%8h253.40+0.140%$708K$457Kas long as short
GRVT MRVL_USDT_Perp0.0000%8h252.95−0.037%$210$182K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX MRVL-USDT0.0000%8h253.06+0.007%$1K$5.7M10xas long as short
HTX MRVL-USDT0.0000%8h253.80+0.299%$131K$48K50xas long as short
Aftermath Perps MRVLUSD+0.0019%1h253.28+0.095%$1K$46K10xas long as short
QFEX MRVL-USD+0.0022%1h252.99−0.021%$1.1M$3.5M10xas long as short
Lighter MRVL+0.0032%1h252.93−0.045%$88K$164K10xas long as short
Arcus MRVL-USD+0.0040%1h252.89−0.061%$23K$26K5xas long as short
Nado MRVL-PERP+0.0045%1h252.88−0.066%$86K$272K10xas long as short
Vest MRVL-USD-PERP+0.0046%1h253.09+0.018%$51K25xas long as short
Paradex MRVL-USD-PERP+0.0049%8h252.94−0.041%5xas long as short
tradeXYZ xyz:MRVL+0.0050%1h252.81−0.092%$13.9M$9.1M10xas long as short
Polymarket Perps MRVL-USD+0.0050%1h252.76−0.112%$98K$76K10xas long as short
SoDEX MRVL-USD+0.0050%1h253.01−0.013%$106$15K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h252.91−0.053%$538K$833K10xas long as short
Coinbase International MRVL-PERP-INTXshort+0.0072%1h252.90−0.057%$322K$661K10x
KuCoin MRVLUSDTM+0.0100%8h252.92−0.049%$499K$107K20xas long as short
ApeX Omni MRVLUSDT+0.0100%1h253.01−0.013%$4K$144K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h253.07+0.011%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h253.01−0.012%$1810xas long as short
Deribit MRVL_USDC-PERPETUAL+0.0185%1h252.96−0.033%$22K$145K10xas long as short
Phoenix MRVL+0.0188%1h253.01−0.013%$11K$12K10xas long as short
Injective MRVL/USDC PERP+0.0220%1h256.63+1.417%$11K$84512xas long as short
edgeX MRVLUSDC+0.0634%4h253.26+0.087%$36K$374K10xas long as short