Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.066%

Price spread now: Injective against OKX+1.266%7-day average — · you sell dearer than you buy

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

Long on OKX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 1.266% dearer against OKX than usual: you sell high and buy low: +$127 more if the spread 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	OKX MRVL-USDT-SWAP	260.60	0	get 0.0000% / 8h	6h 57m	$7.1M	$22.5M	50x
Short	Injective MRVL/USDC PERP	263.90	0.0220	get 0.0028% / 1h	57m 22s	$11K	$672	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against OKX. 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 OKXbpFee InjectivebpOrdersPrice spread, now +1.266%Rate

Funding earned: $46.2
Price spread: +1.266% → 0.000%: $126.63
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $162.81
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: OKX: live order book, 1 min ago; Injective: 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 OKX live order book, 1 min ago	0.19 bp	6.0 bp −$6	15.0 bp −$150	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	260.86	+0.101%	$314K	$329K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.65	+0.019%	$5.1M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAPlong	0.0000%	8h	260.60	long leg	$7.1M	$22.5M	50x
Gate MRVL_USDT	0.0000%	8h	260.70	+0.038%	$5.6M	$8.6M	50x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.69	+0.035%	$978	$6.6M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	260.63	+0.012%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	261.11	+0.196%	$132K	$45K	50x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0008%	1h	260.67	+0.027%	$335K	$720K	10x	as long as short
Aftermath Perps MRVLUSD	+0.0011%	1h	261.09	+0.189%	$887	$51K	10x	as long as short
BloFin MRVL-USDT	+0.0018%	8h	261.15	+0.211%	$377K	$171K	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX MRVL-USD	+0.0023%	1h	260.66	+0.023%	$1.1M	$4.1M	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.74	+0.054%	$95K	$205K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.88	+0.107%	$26K	$28K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.15	+0.211%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.65	+0.019%	$14.8M	$8.3M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.66	+0.023%	$104K	$81K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.70	+0.038%	$120	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	261.12	+0.200%	$568K	$912K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	260.62	+0.007%	—	—	5x	as long as short
Variational Omni MRVL	+0.0061%	8h	261.26	+0.255%	$725K	$763K	—	as long as short
Nado MRVL-PERP	+0.0088%	1h	260.68	+0.031%	$89K	$316K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.94	+0.130%	$516K	$67K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.91	+0.119%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.77	+0.065%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.70	+0.040%	$18	—	10x	as long as short
edgeX MRVLUSDC	+0.0105%	4h	261.24	+0.245%	$37K	$368K	10x	as long as short
Extended MRVL-USD	+0.0112%	1h	260.65	+0.020%	$47K	$350K	10x	as long as short
Binance MRVLUSDT	+0.0113%	8h	260.74	+0.054%	$24.2M	$114.3M	50x	as long as short
GRVT MRVL_USDT_Perp	+0.0209%	8h	261.12	+0.200%	$1K	$198K	10x	as long as short
Phoenix MRVL	+0.0216%	1h	261.33	+0.280%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERPshort	+0.0220%	1h	263.90	+1.266%	$11K	$672	12x
Bitget MRVLUSDT	+0.0243%	8h	260.70	+0.038%	$5.5M	$16.5M	20x	as long as short