Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0005%/8h= −0.5% APRpaid last 24h −0.055%

Price spread now: Bitget against Aftermath Perps+0.128%46s7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on Bitget

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—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.128% dearer against Aftermath Perps than usual: you sell high and buy low, +$13 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 46 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	Aftermath Perps MRVLUSD	256.46	0.0005	pay 0.0001% / 1h	5m 39s	$1K	$42K	10x
Short	Bitget MRVLUSDT	256.79	0	get 0.0000% / 8h	5h 05m	$5.5M	$19.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Aftermath Perps. 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 Aftermath PerpsbpFee BitgetbpOrdersPrice spread, now +0.128%Rate

Funding earned: −$1.04
Price spread: +0.128% → 0.000%: $12.79
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$9.25
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Bitget: live order book, 1 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Bitget live order book, 1 min ago	1.75 bp	9.0 bp −$9	13.1 bp −$131	38.2 bp −$3,819	doesn't fit

Aftermath Perps: 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 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
Aster MRVLUSDT	0.0000%	8h	256.54	+0.029%	$303K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.66	+0.076%	$47K	$283K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.77	+0.121%	$23.5M	$120.6M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.60	+0.054%	$4.9M	$4.3M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.74	+0.108%	$6.9M	$26.4M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.80	+0.132%	$5.0M	$8.7M	50x	as long as short
Bitget MRVLUSDTshort	0.0000%	8h	256.79	+0.128%	$5.5M	$19.4M	20x
Variational Omni MRVL	0.0000%	8h	256.79	+0.127%	$713K	$215K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	256.86	+0.155%	$1K	$5.2M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	256.69	+0.089%	$22K	$146K	10x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRVL-USDT	0.0000%	8h	256.66	+0.077%	$132K	$44K	50x	as long as short
Aftermath Perps MRVLUSDlong	+0.0005%	1h	256.46	long leg	$1K	$42K	10x
GRVT MRVL_USDT_Perp	+0.0012%	8h	256.65	+0.072%	$878	$179K	10x	as long as short
BloFin MRVL-USDT	+0.0028%	8h	256.66	+0.077%	$377K	$215K	50x	as long as short
Lighter MRVL	+0.0032%	1h	256.47	+0.003%	$104K	$182K	10x	as long as short
Injective MRVL/USDC PERP	+0.0033%	1h	256.63	+0.065%	$11K	$823	12x	as long as short
QFEX MRVL-USD	+0.0034%	1h	256.64	+0.069%	$1.2M	$3.4M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.43	−0.012%	$23K	$21K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.98	+0.202%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.60	+0.054%	$14.1M	$9.0M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.91	+0.175%	$77K	$128K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	256.76	+0.116%	$175	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.44	−0.009%	$544K	$865K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	256.60	+0.053%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0057%	1h	256.63	+0.066%	$87K	$275K	10x	as long as short
edgeX MRVLUSDC	+0.0068%	4h	256.65	+0.074%	$36K	$375K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	256.77	+0.120%	$508K	$286K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.58	+0.046%	$4K	$144K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.79	+0.128%	$2K	$2K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.75	+0.114%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0136%	1h	256.80	+0.132%	$320K	$427K	10x	as long as short
Phoenix MRVL	+0.0187%	1h	256.63	+0.065%	$11K	$13K	10x	as long as short