Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0202%/8h= +22.1% APRpaid last 24h +0.041%

Price spread now: edgeX against Vest−0.041%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 edgeX

What this pair did over the last

the charts below follow

Funding, last 4 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 · edgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.041% cheaper against Vest than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 16 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest MRVL-USD-PERP	255.58	0.0046	pay 0.0006% / 1h	57m 22s	—	$51K	25x
Short	edgeX MRVLUSDC	255.47	0.0248	get 0.0124% / 4h	57m 22s	$36K	$372K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.041%Rate

Funding earned: $42.47
Price spread: −0.041% → 0.000%: −$4.13
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $27.34
Costs to cover: 0.110%
Break-even: 2.5 days

Slippage unknown: Vest: no order-book sample; edgeX: live order book, 46 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 edgeX live order book, 46 min ago	5.70 bp	10.5 bp −$11	15.0 bp −$150	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
Bitget MRVLUSDT	−0.0621%	8h	255.41	−0.067%	$5.5M	$17.1M	20x	as long as short
tradeXYZ xyz:MRVL	−0.0025%	1h	255.24	−0.133%	$14.1M	$9.1M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	−0.0024%	1h	255.09	−0.192%	$22K	$145K	10x	as long as short
Polymarket Perps MRVL-USD	−0.0009%	1h	255.05	−0.207%	$100K	$83K	10x	as long as short
Coinbase International MRVL-PERP-INTX	−0.0008%	1h	254.95	−0.246%	$335K	$651K	10x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.34	−0.094%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.09	−0.192%	$46K	$292K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.38	−0.078%	$23.5M	$113.9M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.23	−0.137%	$5.0M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.20	−0.149%	$6.8M	$24.5M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate MRVL_USDT	0.0000%	8h	255.20	−0.149%	$5.1M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.52	−0.023%	$711K	$466K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.58	−0.001%	$401	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	255.26	−0.125%	$2K	$6.0M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.46	−0.047%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0015%	1h	255.36	−0.087%	$640	$47K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.28	−0.117%	$1.1M	$3.5M	10x	as long as short
BloFin MRVL-USDT	+0.0027%	8h	255.58	0.000%	$366K	$186K	50x	as long as short
Lighter MRVL	+0.0032%	1h	255.16	−0.164%	$88K	$167K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.18	−0.157%	$23K	$27K	5x	as long as short
Nado MRVL-PERP	+0.0041%	1h	255.32	−0.101%	$87K	$272K	10x	as long as short
Vest MRVL-USD-PERPlong	+0.0046%	1h	255.58	long leg	—	$51K	25x
SoDEX MRVL-USD	+0.0050%	1h	255.22	−0.141%	$209	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.19	−0.153%	$541K	$860K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.06	−0.205%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	255.42	−0.063%	$505K	$66K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.66	+0.031%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.22	−0.141%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.17	−0.162%	$18	—	10x	as long as short
Phoenix MRVL	+0.0156%	1h	255.21	−0.145%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	257.82	+0.876%	$11K	$820	12x	as long as short
edgeX MRVLUSDCshort	+0.0248%	4h	255.47	−0.041%	$36K	$372K	10x