Funding arb · Price arb /

MRVL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0007%/8h= +0.8% APRpaid last 24h —

Price spread now: Paradex against Nado+0.027%7-day average — · you sell dearer than you buy

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

Long on Nado 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 airdropNado: Active · Paradex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.027% dearer against Nado than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado MRVL-PERP	256.40	0.0045	pay 0.0006% / 1h	37m 09s	$87K	$272K	10x
Short	Paradex MRVL-USD-PERP	256.47	0.0053	get 0.0053% / 8h	3h 37m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Nado. 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 NadobpFee ParadexbpOrdersPrice spread, now +0.027%Rate

Funding earned: $1.57
Price spread: +0.027% → 0.000%: $2.69
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$6.74
Costs to cover: 0.110%
Break-even: 37.1 days

Slippage unknown: Nado: live order book, 15 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 Nado live order book, 15 min ago	4.45 bp	25.3 bp −$25	39.0 bp −$390	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
BloFin MRVL-USDT	−0.0021%	8h	257.02	+0.241%	$372K	$172K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.66	+0.100%	$308K	$338K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.84	+0.169%	$46K	$343K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	257.02	+0.240%	$23.6M	$109.0M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.95	+0.214%	$5.1M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	257.11	+0.276%	$6.9M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.73	+0.128%	$5.5M	$8.1M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	257.15	+0.292%	$5.5M	$16.2M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	257.34	+0.368%	$714K	$631K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.75	+0.135%	$816	$190K	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	256.64	+0.093%	$1K	$6.1M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	256.94	+0.210%	$130K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	257.19	+0.308%	$597	$49K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	256.63	+0.089%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.94	+0.210%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.80	+0.155%	$25K	$26K	5x	as long as short
Nado MRVL-PERPlong	+0.0045%	1h	256.40	long leg	$87K	$272K	10x
Vest MRVL-USD-PERP	+0.0046%	1h	256.94	+0.210%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.71	+0.120%	$14.4M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.54	+0.054%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	256.58	+0.070%	$185	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.52	+0.046%	$573K	$720K	10x	as long as short
Paradex MRVL-USD-PERPshort	+0.0053%	8h	256.47	+0.027%	—	—	5x
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	256.54	+0.054%	$329K	$623K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	257.13	+0.284%	$509K	$61K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.63	+0.089%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.78	+0.148%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.75	+0.135%	$18	—	10x	as long as short
Phoenix MRVL	+0.0185%	1h	257.70	+0.506%	$11K	$12K	10x	as long as short
edgeX MRVLUSDC	+0.0187%	4h	256.78	+0.148%	$36K	$372K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.047%	$11K	$734	12x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0412%	1h	256.90	+0.194%	$22K	$144K	10x	as long as short