Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.023%

Price spread now: Aster against Deribit+0.143%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$620.622% of the position

Long on Deribit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.124%−$12 on $10k

Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.143%, 7d avg +0.021%

Together, before fees−0.154%+ Points / potential airdropAster: Stage 5 · farm board−$15 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 0.122% dearer against Deribit than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit MRVL_USDC-PERPETUAL	255.62	0	get 0.0000% / 1h	17m 50s	$22K	$144K	10x
Short	Aster MRVLUSDT	255.99	0	get 0.0000% / 8h	3h 17m	$301K	$339K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Deribit. 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 DeribitbpFee AsterbpOrdersPrice spread, now +0.143%Rate

Funding earned: $0
Price spread: +0.143% → +0.021%: $12.21
Slippage, 4 orders: −$47.22
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Aster: 4 bp × 2 orders: −$8
Net: −$50.01
Costs to cover: 0.622%
Break-even: never at this rate

Slippage from Deribit: live order book, 36 min ago; Aster: live order book, 34 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 Deribit live order book, 36 min ago	6.76 bp	10.3 bp −$10	11.9 bp −$119	doesn't fit	doesn't fit
Sell Aster live order book, 34 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	−0.0246%	8h	256.07	+0.176%	$5.5M	$16.4M	20x	as long as short
Aster MRVLUSDTshort	0.0000%	8h	255.99	+0.143%	$301K	$339K	50x
Extended MRVL-USD	0.0000%	1h	255.87	+0.096%	$49K	$346K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.03	+0.160%	$23.5M	$109.8M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.89	+0.106%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.98	+0.141%	$6.8M	$22.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.99	+0.145%	$5.5M	$8.2M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.31	+0.270%	$711K	$631K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.26	+0.249%	$602	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	255.92	+0.117%	$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
Deribit MRVL_USDC-PERPETUALlong	0.0000%	1h	255.62	long leg	$22K	$144K	10x
HTX MRVL-USDT	0.0000%	8h	255.91	+0.113%	$129K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0021%	1h	256.06	+0.172%	$594	$49K	10x	as long as short
BloFin MRVL-USDT	+0.0024%	8h	255.81	+0.074%	$367K	$173K	50x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.70	+0.031%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.90	+0.110%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.80	+0.070%	$25K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.98	+0.141%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.79	+0.067%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.51	−0.043%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.72	+0.039%	$159	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.70	+0.031%	$549K	$751K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0050%	8h	255.64	+0.009%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.56	−0.023%	$322K	$633K	10x	as long as short
Nado MRVL-PERP	+0.0094%	1h	255.70	+0.031%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.21	+0.231%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.67	+0.020%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.65	+0.012%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0105%	8h	255.92	+0.117%	$506K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	256.12	+0.196%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.359%	$11K	$734	12x	as long as short
edgeX MRVLUSDC	+0.0402%	4h	256.34	+0.282%	$36K	$373K	10x	as long as short