Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Aster against Bybit−0.016%7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$640.642% of the position

Long on Bybit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.015%+$2 · spread now −0.016%, 7d avg +0.025%

Together, before fees+0.012%+ Points / potential airdropAster: Stage 5 · farm board+$1 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: Aster is 0.041% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MRVLUSDT	256.11	0	get 0.0000% / 8h	3h 17m	$5.0M	$3.9M	50x
Short	Aster MRVLUSDT	256.07	0	get 0.0000% / 8h	3h 17m	$301K	$339K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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 BybitbpFee AsterbpOrdersPrice spread, now −0.016%Rate

Funding earned: $0
Price spread: −0.016% → +0.025%: −$4.06
Slippage, 4 orders: −$45.21
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aster: 4 bp × 2 orders: −$8
Net: −$68.26
Costs to cover: 0.642%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; Aster: live order book, 35 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 Bybit live order book, 1 min ago	1.76 bp	12.9 bp −$13	30.9 bp −$309	doesn't fit	doesn't fit
Sell Aster live order book, 35 min ago	2.71 bp	20.3 bp −$20	doesn't fit	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	−0.0270%	8h	256.35	+0.094%	$5.5M	$16.4M	20x	as long as short
Aster MRVLUSDTshort	0.0000%	8h	256.07	−0.016%	$301K	$339K	50x
Extended MRVL-USD	0.0000%	1h	256.05	−0.025%	$49K	$346K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.27	+0.064%	$23.6M	$109.8M	50x	as long as short
Bybit MRVLUSDTlong	0.0000%	8h	256.11	long leg	$5.0M	$3.9M	50x
OKX MRVL-USDT-SWAP	0.0000%	8h	256.38	+0.105%	$6.8M	$22.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.18	+0.027%	$5.5M	$8.2M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.31	+0.078%	$711K	$631K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.26	+0.057%	$602	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	256.14	+0.012%	$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	−0.078%	$129K	$42K	50x	as long as short
BloFin MRVL-USDT	+0.0016%	8h	256.08	−0.012%	$368K	$173K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0021%	1h	256.00	−0.043%	$594	$49K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	256.03	−0.031%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.91	−0.078%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.75	−0.141%	$25K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.22	+0.043%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.02	−0.035%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.93	−0.070%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.93	−0.070%	$164	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.70	−0.160%	$549K	$751K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.94	−0.066%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.56	−0.215%	$322K	$633K	10x	as long as short
Nado MRVL-PERP	+0.0094%	1h	255.86	−0.097%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.93	−0.070%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.95	−0.062%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.96	−0.060%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0106%	8h	256.25	+0.055%	$507K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	256.05	−0.023%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.163%	$11K	$734	12x	as long as short
edgeX MRVLUSDC	+0.0402%	4h	256.34	+0.090%	$36K	$373K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0415%	1h	255.99	−0.047%	$22K	$144K	10x	as long as short