Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0008%/8h= −0.9% APRpaid last 24h −0.011%

Price spread now: Bitget against Extended+0.011%7-day average +0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$350.354% of the position

Long on Extended Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.099%+$10 on $10k

Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.011%, 7d avg +0.033%

Together, before fees+0.135%+ Points / potential airdropExtended: Active · farm board+$14 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: Bitget is 0.021% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MRVL-USD	259.35	0.0008	pay 0.0001% / 1h	39m 25s	$49K	$206K	10x
Short	Bitget MRVLUSDT	259.38	0	get 0.0000% / 8h	39m 25s	$5.6M	$16.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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 ExtendedbpFee BitgetbpOrdersPrice spread, now +0.011%Rate

Funding earned: −$1.68
Price spread: +0.011% → +0.033%: −$2.14
Slippage, 4 orders: −$18.44
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$39.26
Costs to cover: 0.354%
Break-even: never at this rate

Slippage from Extended: live order book, 37 min ago; Bitget: live order book, 4 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 Extended live order book, 37 min ago	1.94 bp	8.3 bp −$8	97.5 bp −$975	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	1.16 bp	9.2 bp −$9	13.2 bp −$132	36.9 bp −$3,693	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	−0.0015%	8h	258.99	−0.139%	$374K	$170K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	259.14	−0.080%	$313K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	259.22	−0.051%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.36	+0.003%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	259.36	+0.003%	$5.7M	$9.7M	50x	as long as short
Bitget MRVLUSDTshort	0.0000%	8h	259.38	+0.011%	$5.6M	$16.6M	20x
Variational Omni MRVL	0.0000%	8h	259.08	−0.104%	$720K	$763K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	259.16	−0.074%	$1K	$6.9M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.09	−0.101%	$131K	$80K	50x	as long as short
Extended MRVL-USDlong	+0.0008%	1h	259.35	long leg	$49K	$206K	10x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MRVLUSDT	+0.0011%	8h	259.40	+0.021%	$24.3M	$114.7M	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	259.00	−0.136%	$637	$53K	10x	as long as short
Lighter MRVL	+0.0032%	1h	259.43	+0.030%	$96K	$213K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	259.35	0.000%	$1.1M	$4.3M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.01	−0.132%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	259.71	+0.138%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.29	−0.024%	$14.6M	$9.2M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.31	−0.016%	$109K	$81K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.17	−0.070%	$233	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	258.82	−0.205%	$591K	$926K	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0052%	8h	259.11	−0.093%	$741	$226K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	258.35	−0.386%	$319K	$885K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0069%	8h	259.26	−0.035%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	259.16	−0.074%	$514K	$69K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	258.91	−0.170%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.35	0.000%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.24	−0.042%	$18	—	10x	as long as short
Phoenix MRVL	+0.0217%	1h	259.04	−0.120%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.85	+0.964%	$11K	$627	12x	as long as short
Nado MRVL-PERP	+0.0224%	1h	259.19	−0.062%	$88K	$316K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0522%	1h	259.37	+0.007%	$22K	$143K	10x	as long as short
edgeX MRVLUSDC	+0.0852%	4h	259.07	−0.110%	$36K	$368K	10x	as long as short