Settings8H · net · $10k
Funding arb · Price arb /

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0173%/8h= +19.0% APRnext payment +$0.22 per $10,000 · paid last 24h +0.039%
Price spread now: Phoenix against Aftermath Perps+0.174%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phoenix is 0.174% dearer against Aftermath Perps than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps MRVLUSD256.730.0014pay 0.0002% / 1h47m 03s$1K$42K10x
ShortPhoenix MRVL257.180.0187get 0.0023% / 1h47m 03s$11K$13K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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

Funding earned
$36.37
Price spread: +0.174% → 0.000%
$17.45
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$37.82
Costs to cover
0.160%
Break-even
from the start
Slippage unknown: Aftermath Perps: no order-book sample; Phoenix: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell Phoenix no order-book sample
Aftermath Perps and Phoenix: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MRVLUSDT0.0000%8h256.84+0.041%$303K$339K50xas long as short
Extended MRVL-USD0.0000%1h256.83+0.038%$46K$285K10xas long as short
Binance MRVLUSDT0.0000%8h256.89+0.063%$23.5M$120.0M50xas long as short
Bybit MRVLUSDT0.0000%8h256.80+0.026%$4.9M$4.2M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h256.98+0.097%$7.0M$26.3M50xas long as short
Gate MRVL_USDT0.0000%8h256.99+0.100%$5.0M$8.6M50xas long as short
Bitget MRVLUSDT0.0000%8h256.96+0.089%$5.5M$19.1M20xas long as short
Variational Omni MRVL0.0000%8h257.06+0.128%$714K$215Kas long as short
SunX MRVL-USDT0.0000%8h256.91+0.069%$1K$5.3M10xas long as short
Deribit MRVL_USDC-PERPETUAL0.0000%1h256.79+0.023%$22K$145K10xas long as short
Show all 32 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX MRVL-USDT0.0000%8h257.21+0.186%$132K$49K50xas long as short
Aftermath Perps MRVLUSDlong+0.0014%1h256.73long leg$1K$42K10x
BloFin MRVL-USDT+0.0020%8h256.85+0.046%$377K$215K50xas long as short
Lighter MRVL+0.0032%1h256.69−0.016%$104K$181K10xas long as short
Injective MRVL/USDC PERP+0.0033%1h256.63−0.040%$11K$82312xas long as short
Nado MRVL-PERP+0.0034%1h256.85+0.046%$87K$275K10xas long as short
tradeXYZ xyz:MRVL+0.0034%1h256.78+0.019%$14.1M$9.5M10xas long as short
QFEX MRVL-USD+0.0034%1h256.84+0.042%$1.2M$3.5M10xas long as short
Arcus MRVL-USD+0.0040%1h256.67−0.024%$23K$23K5xas long as short
Vest MRVL-USD-PERP+0.0046%1h257.18+0.174%$46K25xas long as short
Polymarket Perps MRVL-USD+0.0050%1h256.95+0.085%$100K$102K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h256.71−0.009%$544K$864K10xas long as short
Paradex MRVL-USD-PERP+0.0054%8h256.71−0.007%5xas long as short
edgeX MRVLUSDC+0.0088%4h257.02+0.114%$36K$375K10xas long as short
KuCoin MRVLUSDTM+0.0100%8h256.97+0.093%$508K$239K20xas long as short
ApeX Omni MRVLUSDT+0.0100%1h256.95+0.085%$4K$144K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h256.87+0.054%$2K$2K10xas long as short
Aevo MRVL-PERP+0.0104%1h256.92+0.072%$1810xas long as short
SoDEX MRVL-USD+0.0112%1h256.93+0.077%$170$15K10xas long as short
Coinbase International MRVL-PERP-INTX+0.0136%1h256.09−0.250%$317K$445K10xas long as short
Phoenix MRVLshort+0.0187%1h257.18+0.174%$11K$13K10x
GRVT MRVL_USDT_Perp+0.0229%8h257.32+0.230%$224$177K10xas long as short