Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0197%/8h= +21.6% APRpaid last 24h +0.054%

Price spread now: edgeX against Aster+0.030%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$570.565% of the position

Long on Aster Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.183%+$18 on $10k

Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.030%, 7d avg +0.010%

Together, before fees+0.198%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and edgeX is 0.020% dearer against Aster than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MRVLUSDT	256.13	0	get 0.0000% / 8h	2h 45m	$302K	$340K	50x
Short	edgeX MRVLUSDC	256.20	0.0197	get 0.0098% / 4h	2h 45m	$36K	$374K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee AsterbpFee edgeXbpOrdersPrice spread, now +0.030%Rate

Funding earned: $41.36
Price spread: +0.030% → +0.010%: $2.03
Slippage, 4 orders: −$39.51
Fee Aster: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$13.12
Costs to cover: 0.565%
Break-even: 9.2 days

Slippage from Aster: live order book, 2 min ago; edgeX: live order book, 3 min ago.

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 Aster live order book, 2 min ago	3.51 bp	17.1 bp −$17	2489.4 bp −$24.9K	doesn't fit	doesn't fit
Sell edgeX live order book, 3 min ago	5.46 bp	10.2 bp −$10	14.9 bp −$149	doesn't fit	doesn't fit

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
Bitget MRVLUSDT	−0.0545%	8h	256.31	+0.072%	$5.5M	$16.5M	20x	as long as short
BloFin MRVL-USDT	−0.0003%	8h	256.26	+0.052%	$366K	$177K	50x	as long as short
Aster MRVLUSDTlong	0.0000%	8h	256.13	long leg	$302K	$340K	50x
Extended MRVL-USD	0.0000%	1h	256.22	+0.037%	$47K	$268K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.18	+0.021%	$23.6M	$110.6M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.12	−0.002%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.04	−0.034%	$6.8M	$23.0M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.31	+0.072%	$5.4M	$8.3M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.11	−0.008%	$710K	$497K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.16	+0.014%	$738	$190K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	256.47	+0.134%	$2K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	256.27	+0.056%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	256.29	+0.064%	$129K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0023%	1h	256.26	+0.053%	$595	$48K	10x	as long as short
QFEX MRVL-USD	+0.0030%	1h	256.21	+0.033%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.26	+0.052%	$89K	$201K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.10	−0.010%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.46	+0.130%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.12	−0.002%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.12	−0.002%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	256.22	+0.037%	$143	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.11	−0.006%	$562K	$750K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	256.37	+0.094%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	254.95	−0.459%	$322K	$632K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.20	+0.029%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.27	+0.056%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.24	+0.046%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0122%	8h	256.34	+0.084%	$506K	$62K	20x	as long as short
Nado MRVL-PERP	+0.0124%	1h	256.10	−0.011%	$87K	$272K	10x	as long as short
Phoenix MRVL	+0.0157%	1h	256.70	+0.224%	$11K	$12K	10x	as long as short
edgeX MRVLUSDCshort	+0.0197%	4h	256.20	+0.030%	$36K	$374K	10x
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+0.982%	$11K	$735	12x	as long as short