Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.018%

Price spread now: Extended against Bybit+0.060%7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$360.363% of the position

Long on Bybit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.056%+$6 on $10k

Price spread, last 4 days (all we have)−0.127%−$13 · spread now +0.060%, 7d avg +0.013%

Together, before fees−0.071%+ Points / potential airdropExtended: Active · farm board−$7 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 0.047% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MRVLUSDT	259.91	0	get 0.0000% / 8h	4h 05m	$5.1M	$3.8M	50x
Short	Extended MRVL-USD	260.07	0	get 0.0000% / 1h	5m 40s	$47K	$345K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.060%Rate

Funding earned: $0
Price spread: +0.060% → +0.013%: $4.7
Slippage, 4 orders: −$20.26
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$31.56
Costs to cover: 0.363%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Extended: live order book, 52 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, 2 min ago	0.77 bp	10.9 bp −$11	23.5 bp −$235	doesn't fit	doesn't fit
Sell Extended live order book, 52 min ago	0.96 bp	6.9 bp −$7	96.1 bp −$961	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
BloFin MRVL-USDT	−0.0014%	8h	260.20	+0.112%	$374K	$172K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	260.24	+0.128%	$312K	$331K	50x	as long as short
Extended MRVL-USDshort	0.0000%	1h	260.07	+0.060%	$47K	$345K	10x
Binance MRVLUSDT	0.0000%	8h	260.02	+0.042%	$24.1M	$107.7M	50x	as long as short
Bybit MRVLUSDTlong	0.0000%	8h	259.91	long leg	$5.1M	$3.8M	50x
OKX MRVL-USDT-SWAP	0.0000%	8h	259.95	+0.015%	$7.0M	$22.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.13	+0.085%	$5.6M	$8.2M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.19	+0.108%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.22	+0.119%	$717K	$631K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.60	+0.264%	$636	$189K	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	260.23	+0.123%	$1K	$6.1M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	260.17	+0.100%	$23K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.37	+0.177%	$131K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	260.19	+0.110%	$657	$49K	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.11	+0.077%	$94K	$200K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	260.21	+0.115%	$1.1M	$3.6M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.14	+0.088%	$26K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.59	+0.262%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.96	+0.019%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.07	+0.062%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.18	+0.104%	$104	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.26	+0.135%	$575K	$679K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0054%	8h	260.21	+0.115%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	260.25	+0.131%	$334K	$633K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.32	+0.158%	$514K	$60K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.39	+0.185%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.23	+0.123%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.19	+0.107%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0131%	1h	260.18	+0.105%	$89K	$272K	10x	as long as short
Phoenix MRVL	+0.0153%	1h	260.48	+0.219%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.30	+1.304%	$11K	$705	12x	as long as short
edgeX MRVLUSDC	+0.0762%	4h	260.45	+0.206%	$37K	$371K	10x	as long as short