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: OKX against Extended−0.029%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$300.300% of the position

Long on Extended Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.026%−$3 on $10k

Price spread, last 4 days (all we have)+0.142%+$14 · spread now −0.029%, 7d avg +0.008%

Together, before fees+0.116%+ Points / potential airdropExtended: Active · farm board+$12 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: OKX is 0.037% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MRVL-USD	260.53	0	get 0.0000% / 1h	10m 46s	$47K	$345K	10x
Short	OKX MRVL-USDT-SWAP	260.45	0	get 0.0000% / 8h	4h 10m	$7.0M	$22.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.029%Rate

Funding earned: $0
Price spread: −0.029% → +0.008%: −$3.73
Slippage, 4 orders: −$14.99
Fee Extended: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$33.72
Costs to cover: 0.300%
Break-even: never at this rate

Slippage from Extended: live order book, 47 min ago; OKX: live order book, 3 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, 47 min ago	0.96 bp	6.9 bp −$7	88.0 bp −$880	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.19 bp	8.0 bp −$8	16.1 bp −$161	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
Aster MRVLUSDT	0.0000%	8h	260.57	+0.016%	$313K	$331K	50x	as long as short
Extended MRVL-USDlong	0.0000%	1h	260.53	long leg	$47K	$345K	10x
Binance MRVLUSDT	0.0000%	8h	260.50	−0.010%	$24.1M	$107.7M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.34	−0.072%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAPshort	0.0000%	8h	260.45	−0.029%	$7.0M	$22.3M	50x
Gate MRVL_USDT	0.0000%	8h	260.53	+0.001%	$5.6M	$8.2M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.57	+0.017%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.44	−0.035%	$717K	$633K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.30	−0.087%	$635	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.59	+0.024%	$868	$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	−0.072%	$131K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	260.31	−0.085%	$657	$49K	10x	as long as short
BloFin MRVL-USDT	+0.0022%	8h	260.44	−0.033%	$374K	$172K	50x	as long as short
Lighter MRVL	+0.0032%	1h	260.42	−0.041%	$94K	$200K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	260.36	−0.064%	$1.1M	$3.6M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.13	−0.152%	$26K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.68	+0.059%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.35	−0.068%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.20	−0.125%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.43	−0.037%	$109	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.19	−0.129%	$575K	$679K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0054%	8h	260.41	−0.044%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	260.25	−0.106%	$334K	$633K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.66	+0.051%	$514K	$60K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.39	−0.052%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.42	−0.041%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.37	−0.059%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0124%	1h	260.22	−0.119%	$89K	$272K	10x	as long as short
Phoenix MRVL	+0.0153%	1h	260.39	−0.052%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.30	+1.064%	$11K	$705	12x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0288%	1h	260.38	−0.056%	$23K	$144K	10x	as long as short
edgeX MRVLUSDC	+0.0972%	4h	260.23	−0.113%	$37K	$373K	10x	as long as short