Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h 0.000%

Price spread now: Aftermath Perps against Binance−0.175%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Aftermath Perps

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—needs both histories

Funding pays, the price is against you. Aftermath Perps is 0.175% cheaper against Binance than usual: you would sell low and buy high (spread −0.175% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 26 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MRVLUSDT	256.10	0	get 0.0000% / 8h	3h 06m	$23.5M	$110.0M	50x
Short	Aftermath Perps MRVLUSD	255.65	0.0022	get 0.0003% / 1h	6m 25s	$593	$48K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Binance. 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 BinancebpFee Aftermath PerpsbpOrdersPrice spread, now −0.175%Rate

Funding earned: $4.68
Price spread: −0.175% → 0.000%: −$17.55
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$31.87
Costs to cover: 0.190%
Break-even: 54.7 days

Slippage unknown: Binance: live order book, 6 min ago; Aftermath Perps: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 6 min ago	0.19 bp	6.7 bp −$7	12.8 bp −$128	57.2 bp −$5,717	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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
Bitget MRVLUSDT	−0.0464%	8h	256.06	−0.016%	$5.5M	$16.4M	20x	as long as short
BloFin MRVL-USDT	−0.0008%	8h	255.27	−0.324%	$367K	$174K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.12	+0.009%	$301K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.95	−0.057%	$49K	$269K	10x	as long as short
Binance MRVLUSDTlong	0.0000%	8h	256.10	long leg	$23.5M	$110.0M	50x
Bybit MRVLUSDT	0.0000%	8h	256.00	−0.039%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.98	−0.047%	$6.8M	$22.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.07	−0.012%	$5.4M	$8.3M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.57	−0.208%	$709K	$628K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.28	−0.320%	$243	$191K	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	256.01	−0.035%	$1K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	256.01	−0.035%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.46	−0.250%	$129K	$42K	50x	as long as short
Aftermath Perps MRVLUSDshort	+0.0022%	1h	255.65	−0.175%	$593	$48K	10x
QFEX MRVL-USD	+0.0025%	1h	255.91	−0.074%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.85	−0.098%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.31	−0.308%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.10	0.000%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.91	−0.074%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.91	−0.074%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.77	−0.129%	$133	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.47	−0.246%	$547K	$726K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.83	−0.107%	—	—	5x	as long as short
edgeX MRVLUSDC	+0.0087%	4h	255.33	−0.300%	$36K	$372K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.30	−0.312%	$321K	$633K	10x	as long as short
Nado MRVL-PERP	+0.0095%	1h	255.92	−0.072%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.28	−0.320%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.01	−0.035%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.97	−0.051%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0111%	8h	256.21	+0.043%	$506K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	255.50	−0.234%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.167%	$11K	$734	12x	as long as short