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

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0153%/8h= +16.8% APRpaid last 24h +0.049%
Price spread now: Phoenix against Aster+0.122%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phoenix is 0.122% dearer against Aster than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MRVLUSDT259.870get 0.0000% / 8h6h 39m$312K$329K50x
ShortPhoenix MRVL260.190.0153get 0.0019% / 1h39m 04s$11K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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
$32.12
Price spread: +0.122% → 0.000%
$12.24
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$29.36
Costs to cover
0.150%
Break-even
0.6 days
Slippage unknown: Aster: live order book, 28 min ago; Phoenix: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 28 min ago3.44 bp17.6 bp −$181029.3 bp −$10.3Kdoesn't fitdoesn't fit
Sell Phoenix no order-book sample
Phoenix: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MRVL-USDT−0.0023%8h260.60+0.280%$378K$171K50xas long as short
Aster MRVLUSDTlong0.0000%8h259.87long leg$312K$329K50x
Bybit MRVLUSDT0.0000%8h259.81−0.024%$5.1M$3.9M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h259.82−0.020%$7.0M$22.0M50xas long as short
Gate MRVL_USDT0.0000%8h259.86−0.005%$5.6M$8.7M50xas long as short
GRVT MRVL_USDT_Perp0.0000%8h260.28+0.157%$1K$196K10xas long as short
SunX MRVL-USDT0.0000%8h259.68−0.074%$1K$6.5M10xas long as short
Deribit MRVL_USDC-PERPETUAL0.0000%1h259.73−0.055%$22K$143K10xas long as short
HTX MRVL-USDT0.0000%8h259.86−0.005%$131K$41K50xas long as short
Coinbase International MRVL-PERP-INTX+0.0008%1h260.67+0.307%$335K$640K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps MRVLUSD+0.0012%1h260.11+0.091%$883$51K10xas long as short
QFEX MRVL-USD+0.0023%1h259.60−0.105%$1.1M$3.9M10xas long as short
Lighter MRVL+0.0032%1h259.85−0.008%$95K$205K10xas long as short
Variational Omni MRVL+0.0038%8h260.25+0.145%$722K$655Kas long as short
Arcus MRVL-USD+0.0040%1h259.91+0.015%$25K$26K5xas long as short
Vest MRVL-USD-PERP+0.0046%1h260.22+0.134%$43K25xas long as short
tradeXYZ xyz:MRVL+0.0050%1h259.75−0.047%$14.7M$8.3M10xas long as short
Polymarket Perps MRVL-USD+0.0050%1h259.63−0.093%$104K$79K10xas long as short
SoDEX MRVL-USD+0.0050%1h259.83−0.016%$88$15K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h260.12+0.095%$567K$693K10xas long as short
Paradex MRVL-USD-PERP+0.0052%8h259.56−0.119%5xas long as short
Bitget MRVLUSDT+0.0068%8h259.87−0.001%$5.6M$16.3M20xas long as short
Nado MRVL-PERP+0.0082%1h259.56−0.120%$89K$319K10xas long as short
Extended MRVL-USD+0.0088%1h259.80−0.026%$47K$347K10xas long as short
Binance MRVLUSDT+0.0092%8h259.87−0.002%$24.1M$110.5M50xas long as short
KuCoin MRVLUSDTM+0.0100%8h260.00+0.049%$514K$64K20xas long as short
ApeX Omni MRVLUSDT+0.0100%1h260.14+0.103%$4K$141K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h259.81−0.024%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h259.82−0.021%$1810xas long as short
Phoenix MRVLshort+0.0153%1h260.19+0.122%$11K$12K10x
Injective MRVL/USDC PERP+0.0220%1h263.37+1.346%$11K$67612xas long as short
edgeX MRVLUSDC+0.0485%4h260.29+0.161%$37K$369K10xas long as short