Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0426%/8h= −46.6% APRpaid last 24h —

Price spread now: Paradex against Deribit−0.042%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Paradex is 0.042% cheaper against Deribit than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit MRVL_USDC-PERPETUAL	260.46	0.0480	pay 0.0060% / 1h	9m 30s	$23K	$144K	10x
Short	Paradex MRVL-USD-PERP	260.35	0.0054	get 0.0054% / 8h	4h 09m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.042%Rate

Funding earned: −$89.39
Price spread: −0.042% → 0.000%: −$4.18
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$104.57
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 49 min ago; Paradex: 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 Deribit live order book, 49 min ago	6.13 bp	9.6 bp −$10	13.1 bp −$131	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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
Aster MRVLUSDT	0.0000%	8h	260.47	+0.004%	$313K	$331K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	260.39	−0.028%	$47K	$345K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	260.45	−0.004%	$24.1M	$107.7M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.32	−0.054%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.46	0.000%	$7.0M	$22.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.48	+0.008%	$5.6M	$8.2M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.44	−0.008%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.44	−0.009%	$717K	$633K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.60	+0.052%	$636	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.48	+0.008%	$867	$6.1M	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	260.34	−0.046%	$131K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	260.36	−0.037%	$604	$49K	10x	as long as short
BloFin MRVL-USDT	+0.0022%	8h	260.44	−0.008%	$374K	$172K	50x	as long as short
Lighter MRVL	+0.0032%	1h	260.40	−0.023%	$94K	$200K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	260.40	−0.023%	$1.1M	$3.6M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.20	−0.100%	$26K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.75	+0.111%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.23	−0.088%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.22	−0.092%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.50	+0.015%	$104	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.19	−0.104%	$575K	$679K	10x	as long as short
Paradex MRVL-USD-PERPshort	+0.0054%	8h	260.35	−0.042%	—	—	5x
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	260.25	−0.081%	$334K	$633K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.59	+0.050%	$514K	$60K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.39	−0.027%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.48	+0.008%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.44	−0.009%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0129%	1h	260.25	−0.080%	$89K	$272K	10x	as long as short
Phoenix MRVL	+0.0153%	1h	260.39	−0.027%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.30	+1.090%	$11K	$705	12x	as long as short
Deribit MRVL_USDC-PERPETUALlong	+0.0480%	1h	260.46	long leg	$23K	$144K	10x
edgeX MRVLUSDC	+0.0762%	4h	260.45	−0.006%	$37K	$371K	10x	as long as short