Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0037%/8h= +4.0% APRpaid last 24h —

Price spread now: Coinbase International against Paradex−0.143%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Coinbase International

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 · farm boardneeds both histories

Funding pays, the price is against you. Coinbase International is 0.143% cheaper against Paradex than usual: you would sell low and buy high (spread −0.143% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 13 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex MRVL-USD-PERP	255.67	0.0051	pay 0.0051% / 8h	3h 04m	—	—	5x
Short	Coinbase International MRVL-PERP-INTX	255.30	0.0088	get 0.0011% / 1h	4m 27s	$321K	$633K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.143%Rate

Funding earned: $7.76
Price spread: −0.143% → 0.000%: −$14.34
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$20.59
Costs to cover: 0.140%
Break-even: 25.6 days

Slippage unknown: Paradex: no order-book sample; Coinbase International: live order book, 49 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 Coinbase International live order book, 49 min ago	5.41 bp	10.4 bp −$10	12.7 bp −$127	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	−0.0487%	8h	256.08	+0.162%	$5.5M	$16.4M	20x	as long as short
BloFin MRVL-USDT	−0.0027%	8h	255.68	+0.005%	$367K	$175K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.91	+0.095%	$301K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.72	+0.020%	$49K	$269K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.94	+0.107%	$23.5M	$110.1M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.81	+0.056%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.97	+0.119%	$6.8M	$22.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.83	+0.064%	$5.4M	$8.3M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.96	+0.115%	$710K	$502K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.39	−0.108%	$243	$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	255.66	−0.003%	$1K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.63	−0.014%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.72	+0.021%	$129K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0022%	1h	255.70	+0.012%	$628	$48K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.69	+0.009%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.71	+0.017%	$88K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.45	−0.085%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.98	+0.123%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.71	+0.017%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.72	+0.021%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.59	−0.030%	$138	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.61	−0.022%	$547K	$745K	10x	as long as short
Paradex MRVL-USD-PERPlong	+0.0051%	8h	255.67	long leg	—	—	5x
edgeX MRVLUSDC	+0.0087%	4h	255.33	−0.131%	$36K	$372K	10x	as long as short
Coinbase International MRVL-PERP-INTXshort	+0.0088%	1h	255.30	−0.143%	$321K	$633K	10x
Nado MRVL-PERP	+0.0095%	1h	255.70	+0.013%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.74	+0.029%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.84	+0.068%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.84	+0.069%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0112%	8h	256.06	+0.154%	$506K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	255.88	+0.083%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.340%	$11K	$734	12x	as long as short