Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: SoDEX against Orderly−0.008%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_MRVL_USDC_mythos	260.09	0.0100	pay 0.0100% / 8h	5h 24m	$2K	$3K	10x
Short	SoDEX MRVL-USD	260.07	0.0050	get 0.0006% / 1h	24m 14s	$166	$15K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Orderly. 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 OrderlybpFee SoDEXbpOrdersPrice spread, now −0.008%Rate

Funding earned: −$10.5
Price spread: −0.008% → 0.000%: −$0.77
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$25.27
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; SoDEX: 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 Orderly no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

Orderly and SoDEX: 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	260.13	+0.017%	$312K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.08	−0.004%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.12	+0.012%	$7.0M	$22.2M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.11	+0.008%	$5.6M	$8.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.21	+0.046%	$5.5M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.08	−0.003%	$716K	$654K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.12	+0.012%	$840	$188K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.02	−0.027%	$2K	$6.1M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.25	+0.062%	$131K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0015%	1h	260.04	−0.019%	$604	$50K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	+0.0019%	1h	260.10	+0.004%	$23K	$143K	10x	as long as short
BloFin MRVL-USDT	+0.0022%	8h	260.05	−0.015%	$377K	$170K	50x	as long as short
Extended MRVL-USD	+0.0024%	1h	260.10	+0.004%	$51K	$353K	10x	as long as short
QFEX MRVL-USD	+0.0026%	1h	260.01	−0.031%	$1.1M	$3.7M	10x	as long as short
Binance MRVLUSDT	+0.0028%	8h	260.21	+0.045%	$24.2M	$107.8M	50x	as long as short
Lighter MRVL	+0.0032%	1h	260.15	+0.023%	$94K	$204K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0032%	1h	259.84	−0.096%	$334K	$630K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.87	−0.085%	$25K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.46	+0.142%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.00	−0.035%	$14.5M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.99	−0.038%	$104K	$79K	10x	as long as short
SoDEX MRVL-USDshort	+0.0050%	1h	260.07	−0.008%	$166	$15K	10x
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.84	−0.096%	$575K	$692K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	259.98	−0.040%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.33	+0.092%	$514K	$61K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.02	−0.027%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythoslong	+0.0100%	8h	260.09	long leg	$2K	$3K	10x
Aevo MRVL-PERP	+0.0104%	1h	260.07	−0.007%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0106%	1h	259.96	−0.049%	$89K	$274K	10x	as long as short
Phoenix MRVL	+0.0215%	1h	260.11	+0.008%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.39	+1.269%	$11K	$693	12x	as long as short
edgeX MRVLUSDC	+0.0890%	4h	260.05	−0.017%	$37K	$370K	10x	as long as short