Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h +0.026%

Price spread now: Extended against SunX−0.001%7-day average −0.024% · you buy dearer than you sell

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

Long on SunX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.061%+$6 on $10k

Price spread, last 3 days (all we have)+0.019%+$2 · spread now −0.001%, 7d avg −0.024%

Together, before fees+0.080%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.023% dearer against SunX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX MRVL-USDT	262.00	0	get 0.0000% / 8h	7h 47m	$1K	$6.7M	10x
Short	Extended MRVL-USD	262.00	0.0064	get 0.0008% / 1h	47m 21s	$52K	$248K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.001%Rate

Funding earned: $13.44
Price spread: −0.001% → −0.024%: $2.27
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $2.71
Costs to cover: 0.130%
Break-even: 5.6 days

Slippage unknown: SunX: live order book, 12 min ago; Extended: live order book, 24 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 SunX live order book, 12 min ago	44.88 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 24 min ago	0.96 bp	7.0 bp −$7	47.2 bp −$472	doesn't fit	doesn't fit

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
BloFin MRVL-USDT	−0.0026%	8h	262.00	0.000%	$373K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	261.87	−0.051%	$316K	$327K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	262.05	+0.019%	$5.2M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	262.05	+0.019%	$7.1M	$22.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	262.07	+0.027%	$5.7M	$9.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	262.03	+0.011%	$5.6M	$16.5M	20x	as long as short
SunX MRVL-USDTlong	0.0000%	8h	262.00	long leg	$1K	$6.7M	10x
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	262.10	+0.038%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	261.82	−0.069%	$132K	$51K	50x	as long as short
Variational Omni MRVL	+0.0005%	8h	261.21	−0.300%	$724K	$767K	—	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0014%	1h	260.97	−0.391%	$954	$52K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	258.35	−1.393%	$319K	$764K	10x	as long as short
QFEX MRVL-USD	+0.0027%	1h	261.88	−0.046%	$1.1M	$4.3M	10x	as long as short
Lighter MRVL	+0.0032%	1h	262.11	+0.042%	$96K	$209K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	261.22	−0.298%	$26K	$28K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	262.41	+0.156%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	262.03	+0.011%	$14.8M	$9.0M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	261.93	−0.027%	$105K	$86K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	261.80	−0.076%	$580K	$944K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0056%	8h	261.90	−0.037%	—	—	5x	as long as short
Extended MRVL-USDshort	+0.0064%	1h	262.00	−0.001%	$52K	$248K	10x
Binance MRVLUSDT	+0.0067%	8h	262.08	+0.029%	$24.3M	$114.9M	50x	as long as short
Nado MRVL-PERP	+0.0071%	1h	261.88	−0.044%	$89K	$316K	10x	as long as short
edgeX MRVLUSDC	+0.0100%	4h	261.72	−0.107%	$37K	$370K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.89	−0.042%	$519K	$69K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	261.90	−0.038%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	262.06	+0.023%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	261.92	−0.031%	$18	—	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0118%	8h	261.98	−0.007%	$299	$221K	10x	as long as short
Phoenix MRVL	+0.0216%	1h	261.80	−0.076%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	262.96	+0.366%	$11K	$638	12x	as long as short
SoDEX MRVL-USD	+0.0932%	1h	262.02	+0.008%	$136	$14K	10x	as long as short