Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.005%

Price spread now: Ondo Perps against Binance+0.106%7-day average −0.087% · you sell dearer than you buy

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

Long on Binance Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.082%+$8 on $10k

Price spread, last 4 days (all we have)+0.104%+$10 · spread now +0.106%, 7d avg −0.087%

Together, before fees+0.186%+ Points / potential airdropOndo Perps: Active · farm board+$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.192% dearer against Binance than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.087%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MRVLUSDT	255.40	0	get 0.0000% / 8h	3h 03m	$23.5M	$110.1M	50x
Short	Ondo Perps MRVL-USD.P	255.67	0.0050	get 0.0006% / 1h	3m 03s	$547K	$758K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo 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 Ondo PerpsbpOrdersPrice spread, now +0.106%Rate

Funding earned: $10.58
Price spread: +0.106% → −0.087%: $19.23
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $14.82
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Binance: live order book, 10 min ago; Ondo 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, 10 min ago	0.19 bp	6.7 bp −$7	12.8 bp −$128	57.2 bp −$5,717	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo 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	−0.0496%	8h	255.40	0.000%	$5.5M	$16.4M	20x	as long as short
BloFin MRVL-USDT	−0.0021%	8h	255.27	−0.051%	$366K	$175K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.52	+0.045%	$301K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.26	−0.055%	$49K	$269K	10x	as long as short
Binance MRVLUSDTlong	0.0000%	8h	255.40	long leg	$23.5M	$110.1M	50x
Bybit MRVLUSDT	0.0000%	8h	255.27	−0.051%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.29	−0.043%	$6.8M	$22.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.32	−0.032%	$5.4M	$8.3M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.96	+0.219%	$710K	$502K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.81	+0.159%	$225	$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	255.38	−0.008%	$1K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.39	−0.004%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.72	+0.125%	$129K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0022%	1h	255.57	+0.068%	$627	$48K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.34	−0.024%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.38	−0.008%	$88K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.48	+0.031%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.73	+0.129%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.23	−0.067%	$14.0M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.33	−0.028%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.37	−0.012%	$138	$15K	10x	as long as short
Ondo Perps MRVL-USD.Pshort	+0.0050%	1h	255.67	+0.106%	$547K	$758K	10x
Paradex MRVL-USD-PERP	+0.0051%	8h	255.46	+0.022%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.30	−0.039%	$321K	$633K	10x	as long as short
Nado MRVL-PERP	+0.0096%	1h	255.43	+0.010%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.74	+0.133%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.46	+0.023%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.38	−0.007%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0110%	8h	255.55	+0.059%	$505K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	255.88	+0.188%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.447%	$11K	$734	12x	as long as short
edgeX MRVLUSDC	+0.0986%	4h	255.72	+0.125%	$36K	$373K	10x	as long as short