Settings8H · net · $10k
Funding arb · Price arb /

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.005%
Price spread now: Binance against Ondo Perps+0.043%7-day average +0.087% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.082%−$8 on $10k
Price spread, last 4 days (all we have)−0.252%−$25 · spread now +0.043%, 7d avg +0.087%
Together, before fees−0.335%+ Points / potential airdropOndo Perps: Active · farm board−$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.044% cheaper against Ondo Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.087%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps MRVL-USD.P256.980.0050pay 0.0006% / 1h40m 14s$573K$720K10x
ShortBinance MRVLUSDT257.090get 0.0000% / 8h3h 40m$23.7M$108.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Ondo Perps. 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

Funding earned
−$10.58
Price spread: +0.043% → +0.087%
−$4.39
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$29.97
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Binance live order book, 3 min ago0.19 bp7.7 bp −$814.9 bp −$14958.2 bp −$5,822doesn't fit
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MRVL-USDT−0.0011%8h257.39+0.160%$370K$171K50xas long as short
Aster MRVLUSDT0.0000%8h257.21+0.089%$308K$331K50xas long as short
Extended MRVL-USD0.0000%1h256.98+0.002%$46K$343K10xas long as short
Binance MRVLUSDTshort0.0000%8h257.09+0.043%$23.7M$108.8M50x
Bybit MRVLUSDT0.0000%8h257.01+0.012%$5.1M$3.9M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h256.91−0.027%$6.9M$22.5M50xas long as short
Gate MRVL_USDT0.0000%8h256.99+0.004%$5.5M$8.1M50xas long as short
Bitget MRVLUSDT0.0000%8h257.15+0.066%$5.5M$16.2M20xas long as short
Variational Omni MRVL0.0000%8h257.34+0.142%$714K$631Kas long as short
GRVT MRVL_USDT_Perp0.0000%8h257.81+0.324%$820$190K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX MRVL-USDT0.0000%8h257.14+0.062%$1K$6.1M10xas long as short
Deribit MRVL_USDC-PERPETUAL0.0000%1h256.99+0.004%$22K$144K10xas long as short
HTX MRVL-USDT0.0000%8h257.78+0.311%$130K$42K50xas long as short
Aftermath Perps MRVLUSD+0.0018%1h257.69+0.277%$598$49K10xas long as short
QFEX MRVL-USD+0.0025%1h257.16+0.070%$1.1M$3.6M10xas long as short
edgeX MRVLUSDC+0.0027%4h257.78+0.313%$36K$371K10xas long as short
Lighter MRVL+0.0032%1h257.00+0.008%$89K$203K10xas long as short
Arcus MRVL-USD+0.0040%1h257.38+0.156%$25K$26K5xas long as short
Nado MRVL-PERP+0.0041%1h257.18+0.079%$88K$272K10xas long as short
Vest MRVL-USD-PERP+0.0046%1h257.60+0.241%$50K25xas long as short
tradeXYZ xyz:MRVL+0.0050%1h256.99+0.004%$14.4M$8.4M10xas long as short
Polymarket Perps MRVL-USD+0.0050%1h256.97−0.004%$102K$80K10xas long as short
SoDEX MRVL-USD+0.0050%1h257.02+0.016%$190$15K10xas long as short
Ondo Perps MRVL-USD.Plong+0.0050%1h256.98long leg$573K$720K10x
Paradex MRVL-USD-PERP+0.0053%8h257.15+0.066%5xas long as short
Coinbase International MRVL-PERP-INTX+0.0088%1h257.16+0.070%$330K$624K10xas long as short
KuCoin MRVLUSDTM+0.0100%8h257.37+0.152%$509K$61K20xas long as short
ApeX Omni MRVLUSDT+0.0100%1h257.78+0.311%$4K$141K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h256.99+0.004%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h257.01+0.011%$1810xas long as short
Phoenix MRVL+0.0185%1h257.70+0.280%$11K$12K10xas long as short
Injective MRVL/USDC PERP+0.0220%1h261.65+1.817%$11K$73412xas long as short