Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.52 per $10,000 · paid last 24h —

Price spread now: Aster against Paradex+0.042%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Aster

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 airdropParadex: Active · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.042% dearer against Paradex than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex MRVL-USD-PERP	254.40	0.0052	pay 0.0052% / 8h	1h 40m	—	—	5x
Short	Aster MRVLUSDT	254.50	0	get 0.0000% / 8h	1h 40m	$300K	$341K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Paradex. 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 ParadexbpFee AsterbpOrdersPrice spread, now +0.042%Rate

Funding earned: −$10.91
Price spread: +0.042% → 0.000%: $4.18
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Aster: 4 bp × 2 orders: −$8
Net: −$18.73
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Aster: live order book, 2 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell Aster live order book, 2 min ago	2.75 bp	21.8 bp −$22	doesn't fit	doesn't fit	doesn't fit

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
Bitget MRVLUSDT	−0.0792%	8h	254.60	+0.080%	$5.5M	$17.1M	20x	as long as short
Deribit MRVL_USDC-PERPETUAL	−0.0064%	1h	254.50	+0.040%	$22K	$144K	10x	as long as short
Aster MRVLUSDTshort	0.0000%	8h	254.50	+0.042%	$300K	$341K	50x
Extended MRVL-USD	0.0000%	1h	254.53	+0.051%	$50K	$269K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	254.47	+0.029%	$23.4M	$113.3M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	254.44	+0.017%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	254.40	+0.001%	$6.7M	$24.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	254.58	+0.072%	$5.1M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	254.25	−0.058%	$708K	$478K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	254.52	+0.049%	$621	$191K	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	254.62	+0.087%	$1K	$6.0M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	254.60	+0.080%	$131K	$47K	50x	as long as short
BloFin MRVL-USDT	+0.0005%	8h	254.35	−0.019%	$364K	$183K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0015%	1h	254.54	+0.058%	$593	$47K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	254.72	+0.127%	$324K	$642K	10x	as long as short
Lighter MRVL	+0.0032%	1h	254.44	+0.017%	$88K	$169K	10x	as long as short
QFEX MRVL-USD	+0.0034%	1h	254.53	+0.052%	$1.1M	$3.5M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.32	−0.031%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	254.71	+0.123%	—	$51K	25x	as long as short
Nado MRVL-PERP	+0.0049%	1h	254.39	−0.004%	$87K	$272K	10x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	254.39	−0.003%	$14.0M	$8.9M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	254.33	−0.027%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	254.40	+0.001%	$148	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.16	−0.093%	$552K	$787K	10x	as long as short
Paradex MRVL-USD-PERPlong	+0.0052%	8h	254.40	long leg	—	—	5x
edgeX MRVLUSDC	+0.0074%	4h	254.54	+0.054%	$36K	$375K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	254.65	+0.099%	$503K	$66K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	254.61	+0.083%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	254.58	+0.072%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	254.54	+0.056%	$18	—	10x	as long as short
Phoenix MRVL	+0.0156%	1h	254.66	+0.103%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	257.82	+1.345%	$11K	$853	12x	as long as short