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 −0.010%

Price spread now: Bitget against SoDEX+0.031%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Bitget

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 pays, funding is against you. Bitget is 0.031% dearer against SoDEX than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX MRVL-USD	260.07	0.0050	pay 0.0006% / 1h	47m 57s	$125	$15K	10x
Short	Bitget MRVLUSDT	260.15	0	get 0.0000% / 8h	5h 47m	$5.5M	$16.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SoDEX. 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 SoDEXbpFee BitgetbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$10.5
Price spread: +0.031% → 0.000%: $3.08
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$27.42
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Bitget: live order book, 1 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 SoDEX no order-book sample	—	—	—	—	—
Sell Bitget live order book, 1 min ago	1.35 bp	10.7 bp −$11	15.3 bp −$153	33.1 bp −$3,310	doesn't fit

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 31 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	260.09	+0.007%	$312K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	259.96	−0.042%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.09	+0.008%	$7.0M	$22.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.06	−0.004%	$5.6M	$8.4M	50x	as long as short
Bitget MRVLUSDTshort	0.0000%	8h	260.15	+0.031%	$5.5M	$16.0M	20x
Variational Omni MRVL	0.0000%	8h	260.51	+0.171%	$717K	$654K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.56	+0.187%	$466	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.08	+0.004%	$2K	$6.2M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.63	+0.215%	$131K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0015%	1h	260.24	+0.066%	$934	$50K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	+0.0019%	1h	259.95	−0.046%	$23K	$143K	10x	as long as short
QFEX MRVL-USD	+0.0026%	1h	260.00	−0.027%	$1.1M	$3.7M	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.03	−0.015%	$95K	$203K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0032%	1h	259.84	−0.088%	$334K	$630K	10x	as long as short
Extended MRVL-USD	+0.0040%	1h	259.98	−0.035%	$51K	$353K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.12	+0.019%	$25K	$26K	5x	as long as short
Binance MRVLUSDT	+0.0043%	8h	260.06	−0.006%	$24.2M	$107.9M	50x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.40	+0.127%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.90	−0.065%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.01	−0.023%	$104K	$79K	10x	as long as short
SoDEX MRVL-USDlong	+0.0050%	1h	260.07	long leg	$125	$15K	10x
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.43	+0.138%	$575K	$676K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	259.94	−0.052%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.23	+0.062%	$514K	$62K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.49	+0.161%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.01	−0.023%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.03	−0.015%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0139%	1h	259.92	−0.058%	$89K	$273K	10x	as long as short
Phoenix MRVL	+0.0215%	1h	260.30	+0.088%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.39	+1.277%	$11K	$681	12x	as long as short
edgeX MRVLUSDC	+0.0421%	4h	260.63	+0.217%	$37K	$370K	10x	as long as short