Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.014%

Price spread now: Extended against Aster+0.054%7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$550.554% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.059%+$6 on $10k

Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.054%, 7d avg −0.012%

Together, before fees−0.048%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.066% dearer against Aster than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MRVLUSDT	256.19	0	get 0.0000% / 8h	3h 16m	$301K	$339K	50x
Short	Extended MRVL-USD	256.33	0	get 0.0000% / 1h	16m 02s	$49K	$346K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.054%Rate

Funding earned: $0
Price spread: +0.054% → −0.012%: $6.56
Slippage, 4 orders: −$42.37
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$48.8
Costs to cover: 0.554%
Break-even: never at this rate

Slippage from Aster: live order book, 36 min ago; Extended: live order book, 36 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, 36 min ago	2.71 bp	21.0 bp −$21	158.6 bp −$1,586	doesn't fit	doesn't fit
Sell Extended live order book, 36 min ago	0.97 bp	7.0 bp −$7	32.6 bp −$326	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	−0.0285%	8h	256.43	+0.094%	$5.5M	$16.4M	20x	as long as short
Aster MRVLUSDTlong	0.0000%	8h	256.19	long leg	$301K	$339K	50x
Extended MRVL-USDshort	0.0000%	1h	256.33	+0.054%	$49K	$346K	10x
Binance MRVLUSDT	0.0000%	8h	256.42	+0.090%	$23.6M	$109.8M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.33	+0.055%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.23	+0.016%	$6.8M	$22.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.41	+0.086%	$5.5M	$8.3M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.39	+0.076%	$711K	$630K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.26	+0.026%	$602	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	256.63	+0.172%	$2K	$6.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRVL-USDT	0.0000%	8h	255.91	−0.109%	$129K	$42K	50x	as long as short
BloFin MRVL-USDT	+0.0016%	8h	256.08	−0.043%	$368K	$173K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0021%	1h	256.13	−0.023%	$595	$49K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	256.56	+0.145%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.30	+0.043%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.84	−0.136%	$25K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.60	+0.160%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.28	+0.035%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.34	+0.059%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	256.21	+0.008%	$169	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.28	+0.035%	$549K	$753K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	256.48	+0.112%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.56	−0.246%	$322K	$633K	10x	as long as short
Nado MRVL-PERP	+0.0098%	1h	256.26	+0.028%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.93	−0.101%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.25	+0.024%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.25	+0.024%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0109%	8h	256.53	+0.133%	$507K	$62K	20x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0140%	1h	256.43	+0.094%	$22K	$144K	10x	as long as short
Phoenix MRVL	+0.0185%	1h	256.05	−0.054%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.131%	$11K	$734	12x	as long as short
edgeX MRVLUSDC	+0.0402%	4h	256.34	+0.059%	$36K	$373K	10x	as long as short