Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.010%

Price spread now: BloFin against Vest−0.113%7-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 BloFin

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 BloFin is 0.113% cheaper against Vest than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest MRVL-USD-PERP	257.02	0.0046	pay 0.0006% / 1h	37m 48s	—	$50K	25x
Short	BloFin MRVL-USDT	256.73	0.0012	get 0.0012% / 8h	3h 37m	$369K	$171K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.113%Rate

Funding earned: −$6.98
Price spread: −0.113% → 0.000%: −$11.28
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$32.26
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; BloFin: live order book, 57 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 BloFin live order book, 57 min ago	0.96 bp	9.7 bp −$10	14.3 bp −$143	doesn't fit	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
Aster MRVLUSDT	0.0000%	8h	256.37	−0.251%	$307K	$332K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.39	−0.247%	$46K	$343K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.58	−0.170%	$23.6M	$109.0M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.50	−0.202%	$5.1M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.67	−0.136%	$6.8M	$22.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.55	−0.183%	$5.5M	$8.1M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	256.65	−0.144%	$5.5M	$16.2M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	257.34	+0.126%	$714K	$631K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	257.32	+0.117%	$818	$190K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	256.76	−0.101%	$1K	$6.1M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	256.53	−0.191%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	256.94	−0.031%	$130K	$42K	50x	as long as short
BloFin MRVL-USDTshort	+0.0012%	8h	256.73	−0.113%	$369K	$171K	50x
Aftermath Perps MRVLUSD	+0.0018%	1h	257.36	+0.134%	$597	$49K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	256.70	−0.125%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.43	−0.230%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.98	−0.016%	$25K	$26K	5x	as long as short
Nado MRVL-PERP	+0.0041%	1h	256.75	−0.105%	$88K	$272K	10x	as long as short
Vest MRVL-USD-PERPlong	+0.0046%	1h	257.02	long leg	—	$50K	25x
tradeXYZ xyz:MRVL	+0.0050%	1h	256.39	−0.245%	$14.4M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.51	−0.198%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	256.66	−0.140%	$190	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.12	−0.350%	$573K	$718K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	256.47	−0.214%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	256.54	−0.187%	$329K	$623K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	256.73	−0.113%	$508K	$61K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	257.78	+0.296%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.63	−0.152%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.59	−0.169%	$18	—	10x	as long as short
Phoenix MRVL	+0.0185%	1h	257.70	+0.265%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+1.801%	$11K	$734	12x	as long as short
edgeX MRVLUSDC	+0.0222%	4h	257.39	+0.144%	$36K	$371K	10x	as long as short