Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.082%

Price spread now: Nado against SunX+0.026%7-day average −0.035% · you sell dearer than you buy

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

Long on SunX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.488%+$49 on $10k

Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.026%, 7d avg −0.035%

Together, before fees+0.409%+ Points / potential airdropNado: Active · farm board+$41 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 Nado is 0.060% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX MRVL-USDT	255.92	0	get 0.0000% / 8h	6h 03m	$1K	$5.4M	10x
Short	Nado MRVL-PERP	255.99	0.0052	get 0.0006% / 1h	3m 42s	$87K	$276K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.026%Rate

Funding earned: $10.84
Price spread: +0.026% → −0.035%: $6.03
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $1.87
Costs to cover: 0.150%
Break-even: 5.8 days

Slippage unknown: SunX: live order book, 8 min ago; Nado: live order book, 47 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, 8 min ago	44.91 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 47 min ago	10.64 bp	30.6 bp −$31	43.2 bp −$432	doesn't fit	doesn't fit

MRVL on 32 exchanges

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	−0.0011%	8h	255.82	−0.039%	$373K	$211K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.64	−0.111%	$301K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.46	−0.180%	$46K	$300K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.55	−0.145%	$23.5M	$119.2M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.50	−0.164%	$5.0M	$4.2M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.53	−0.152%	$6.9M	$25.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.64	−0.109%	$5.0M	$8.6M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	255.44	−0.188%	$5.5M	$18.9M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	256.10	+0.072%	$710K	$214K	—	as long as short
SunX MRVL-USDTlong	0.0000%	8h	255.92	long leg	$1K	$5.4M	10x

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.84	−0.031%	$22K	$145K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.46	−0.180%	$131K	$48K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0017%	1h	255.19	−0.284%	$1K	$43K	10x	as long as short
QFEX MRVL-USD	+0.0031%	1h	255.48	−0.172%	$1.2M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.37	−0.215%	$88K	$164K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.52	−0.547%	$22K	$22K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.18	+0.102%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.57	−0.137%	$14.0M	$9.4M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.91	−0.004%	$205	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.55	−0.145%	$542K	$860K	10x	as long as short
Nado MRVL-PERPshort	+0.0052%	1h	255.99	+0.026%	$87K	$276K	10x
Paradex MRVL-USD-PERP	+0.0053%	8h	255.29	−0.245%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	255.55	−0.145%	$504K	$220K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.67	−0.098%	$4K	$144K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.90	−0.008%	$2K	$2K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.92	0.000%	$18	—	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0105%	8h	256.03	+0.044%	$947	$181K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0128%	1h	254.68	−0.485%	$316K	$485K	10x	as long as short
Phoenix MRVL	+0.0157%	1h	255.85	−0.027%	$11K	$13K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	256.63	+0.277%	$11K	$832	12x	as long as short
Polymarket Perps MRVL-USD	+0.0224%	1h	256.44	+0.203%	$100K	$76K	10x	as long as short
edgeX MRVLUSDC	+0.0973%	4h	255.27	−0.253%	$36K	$375K	10x	as long as short