Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0019%/8h= +2.1% APRpaid last 24h +0.010%

Price spread now: Aftermath Perps against SunX+0.170%7-day average — · you sell dearer than you buy

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

Long on SunX Short on Aftermath Perps

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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aftermath Perps is 0.170% dearer against SunX than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX MRVL-USDT	253.76	0	get 0.0000% / 8h	2h 26m	$1K	$6.0M	10x
Short	Aftermath Perps MRVLUSD	254.19	0.0019	get 0.0002% / 1h	26m 04s	$590	$48K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against SunX. 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 SunXbpFee Aftermath PerpsbpOrdersPrice spread, now +0.170%Rate

Funding earned: $3.95
Price spread: +0.170% → 0.000%: $17.01
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $3.97
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: SunX: live order book, 13 min ago; Aftermath Perps: 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 SunX live order book, 13 min ago	45.03 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MRVLUSDT	−0.0841%	8h	253.80	+0.016%	$5.5M	$16.7M	20x	as long as short
BloFin MRVL-USDT	−0.0012%	8h	253.80	+0.016%	$366K	$177K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	253.77	+0.004%	$299K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	253.65	−0.044%	$47K	$268K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	253.77	+0.004%	$23.5M	$111.4M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	253.65	−0.043%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	253.65	−0.043%	$6.7M	$23.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	253.66	−0.039%	$5.3M	$8.4M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	253.73	−0.011%	$704K	$489K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	254.58	+0.322%	$1K	$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-USDTlong	0.0000%	8h	253.76	long leg	$1K	$6.0M	10x
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	253.63	−0.051%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	253.64	−0.047%	$128K	$43K	50x	as long as short
Aftermath Perps MRVLUSDshort	+0.0019%	1h	254.19	+0.170%	$590	$48K	10x
QFEX MRVL-USD	+0.0030%	1h	253.68	−0.032%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	253.62	−0.055%	$88K	$201K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	253.87	+0.043%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	253.90	+0.055%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	253.52	−0.095%	$13.9M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	253.58	−0.071%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	253.66	−0.039%	$172	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	253.64	−0.047%	$556K	$743K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	253.63	−0.052%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0080%	1h	253.66	−0.039%	$86K	$272K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	253.60	−0.063%	$318K	$634K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	254.29	+0.209%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	253.66	−0.039%	$2K	$3K	10x	as long as short
KuCoin MRVLUSDTM	+0.0104%	8h	253.86	+0.039%	$501K	$63K	20x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	253.67	−0.035%	$18	—	10x	as long as short
Phoenix MRVL	+0.0157%	1h	254.67	+0.359%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+1.923%	$11K	$735	12x	as long as short
edgeX MRVLUSDC	+0.0960%	4h	254.58	+0.324%	$36K	$372K	10x	as long as short