Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.004%

Price spread now: Binance against Vest−0.082%47s7-day average — · you buy dearer than you sell

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

Long on Vest Short on Binance

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—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Binance is 0.082% cheaper against Vest than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest MRVL-USD-PERP	255.95	0.0046	pay 0.0006% / 1h	4m 47s	—	$50K	25x
Short	Binance MRVLUSDT	255.74	0	get 0.0000% / 8h	3h 04m	$23.5M	$110.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Vest. 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 VestbpFee BinancebpOrdersPrice spread, now −0.082%Rate

Funding earned: −$9.59
Price spread: −0.082% → 0.000%: −$8.15
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Binance: 5 bp × 2 orders: −$10
Net: −$29.75
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Binance: live order book, 8 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 Vest no order-book sample	—	—	—	—	—
Sell Binance live order book, 8 min ago	0.19 bp	6.8 bp −$7	11.8 bp −$118	48.9 bp −$4,891	doesn't fit

Vest: 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	−0.0474%	8h	255.78	−0.066%	$5.5M	$16.4M	20x	as long as short
BloFin MRVL-USDT	−0.0027%	8h	255.68	−0.105%	$367K	$175K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.78	−0.068%	$301K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.70	−0.096%	$49K	$269K	10x	as long as short
Binance MRVLUSDTshort	0.0000%	8h	255.74	−0.082%	$23.5M	$110.0M	50x
Bybit MRVLUSDT	0.0000%	8h	255.67	−0.109%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.79	−0.063%	$6.8M	$22.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.75	−0.078%	$5.4M	$8.3M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.96	+0.004%	$710K	$502K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.39	−0.219%	$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	−0.113%	$1K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.63	−0.125%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.72	−0.090%	$129K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0022%	1h	255.60	−0.135%	$627	$49K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.66	−0.113%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.71	−0.094%	$88K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.42	−0.207%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERPlong	+0.0046%	1h	255.95	long leg	—	$50K	25x
tradeXYZ xyz:MRVL	+0.0050%	1h	255.52	−0.168%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.59	−0.141%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.59	−0.141%	$138	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.69	−0.102%	$547K	$727K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.65	−0.119%	—	—	5x	as long as short
edgeX MRVLUSDC	+0.0087%	4h	255.33	−0.241%	$36K	$372K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.30	−0.254%	$321K	$633K	10x	as long as short
Nado MRVL-PERP	+0.0094%	1h	255.67	−0.111%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.74	−0.082%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.68	−0.105%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.63	−0.124%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0111%	8h	255.91	−0.016%	$506K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	255.88	−0.027%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.227%	$11K	$734	12x	as long as short