Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against Aster−0.117%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aevo is 0.117% cheaper against Aster than usual: you would sell low and buy high (spread −0.117% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 3.8 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MRVLUSDT	261.39	0	get 0.0000% / 8h	7h 49m	$315K	$327K	50x
Short	Aevo MRVL-PERP	261.08	0.0104	get 0.0013% / 1h	49m 51s	$18	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Aster. 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 AsterbpFee AevobpOrdersPrice spread, now −0.117%Rate

Funding earned: $21.84
Price spread: −0.117% → 0.000%: −$11.71
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$13.87
Costs to cover: 0.240%
Break-even: 11.4 days

Slippage unknown: Aster: live order book, 22 min ago; Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 22 min ago	2.89 bp	20.3 bp −$20	903.7 bp −$9,037	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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 MRVLUSDTlong	0.0000%	8h	261.39	long leg	$315K	$327K	50x
Bybit MRVLUSDT	0.0000%	8h	261.51	+0.047%	$5.2M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.57	+0.070%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.61	+0.086%	$5.7M	$9.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	261.57	+0.070%	$5.6M	$16.5M	20x	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.26	−0.430%	$297	$221K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	261.10	−0.110%	$1K	$6.8M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	261.28	−0.041%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.91	−0.182%	$132K	$51K	50x	as long as short
Variational Omni MRVL	+0.0005%	8h	261.21	−0.066%	$724K	$767K	—	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0015%	1h	260.21	−0.451%	$952	$53K	10x	as long as short
BloFin MRVL-USDT	+0.0024%	8h	261.09	−0.113%	$375K	$170K	50x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	258.35	−1.162%	$319K	$764K	10x	as long as short
QFEX MRVL-USD	+0.0027%	1h	261.28	−0.041%	$1.1M	$4.3M	10x	as long as short
Lighter MRVL	+0.0032%	1h	261.66	+0.105%	$96K	$209K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.26	−0.431%	$26K	$28K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.50	+0.044%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	261.49	+0.040%	$14.7M	$8.9M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	261.30	−0.033%	$105K	$86K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.94	−0.171%	$580K	$945K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0057%	8h	260.84	−0.209%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0063%	1h	261.12	−0.103%	$88K	$316K	10x	as long as short
Binance MRVLUSDT	+0.0063%	8h	261.60	+0.082%	$24.3M	$115.0M	50x	as long as short
Extended MRVL-USD	+0.0064%	1h	261.57	+0.069%	$47K	$226K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.43	+0.017%	$518K	$69K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.14	−0.477%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	261.33	−0.022%	$2K	$3K	10x	as long as short
Aevo MRVL-PERPshort	+0.0104%	1h	261.08	−0.117%	$18	—	10x
Phoenix MRVL	+0.0216%	1h	260.21	−0.450%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	262.96	+0.602%	$11K	$638	12x	as long as short
SoDEX MRVL-USD	+0.0485%	1h	261.07	−0.121%	$151	$14K	10x	as long as short
edgeX MRVLUSDC	+0.0578%	4h	260.22	−0.444%	$37K	$369K	10x	as long as short