Funding arb · Price arb /

MRVL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.037%

Price spread now: Arcus against Aster−0.075%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 Arcus

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 airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Arcus is 0.075% cheaper against Aster than usual: you would sell low and buy high (spread −0.075% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 6.2 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MRVLUSDT	256.37	0	get 0.0000% / 8h	3h 32m	$311K	$329K	50x
Short	Arcus MRVL-USD	256.18	0.0040	get 0.0005% / 1h	32m 09s	$25K	$31K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus 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 ArcusbpOrdersPrice spread, now −0.075%Rate

Funding earned: $8.46
Price spread: −0.075% → 0.000%: −$7.45
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$11.5
Costs to cover: 0.125%
Break-even: 16.5 days

Slippage unknown: Aster: live order book, 15 min ago; Arcus: 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, 15 min ago	2.72 bp	20.1 bp −$20	214.0 bp −$2,140	doesn't fit	doesn't fit
Sell Arcus no order-book sample	—	—	—	—	—

Arcus: 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
BloFin MRVL-USDT	−0.0002%	8h	256.37	0.000%	$381K	$170K	50x	as long as short
Aster MRVLUSDTlong	0.0000%	8h	256.37	long leg	$311K	$329K	50x
Extended MRVL-USD	0.0000%	1h	256.31	−0.026%	$44K	$190K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.35	−0.009%	$23.9M	$114.2M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.26	−0.043%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.33	−0.016%	$7.1M	$22.4M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.33	−0.016%	$5.5M	$9.8M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	256.31	−0.024%	$5.6M	$16.1M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	256.57	+0.077%	$709K	$763K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.54	+0.066%	$390	$246K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	256.39	+0.007%	$2K	$7.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	256.31	−0.024%	$22K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	256.40	+0.011%	$129K	$80K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0008%	1h	256.37	−0.002%	$595	$54K	10x	as long as short
QFEX MRVL-USD	+0.0016%	1h	256.41	+0.015%	$1.1M	$4.1M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.32	−0.020%	$101K	$219K	10x	as long as short
Arcus MRVL-USDshort	+0.0040%	1h	256.18	−0.075%	$25K	$31K	5x
edgeX MRVLUSDC	+0.0044%	4h	256.59	+0.086%	$36K	$367K	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.60	+0.089%	—	$41K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.26	−0.043%	$14.0M	$9.3M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	256.31	−0.024%	$149	$14K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0050%	8h	256.48	+0.042%	—	—	5x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.07	−0.117%	$583K	$922K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0080%	1h	256.40	+0.011%	$313K	$881K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	256.31	−0.024%	$508K	$72K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.15	−0.086%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.39	+0.007%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.33	−0.014%	$18	—	10x	as long as short
Polymarket Perps MRVL-USD	+0.0128%	1h	256.48	+0.042%	$106K	$64K	10x	as long as short
Phoenix MRVL	+0.0186%	1h	256.43	+0.023%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	260.24	+1.509%	$11K	$602	12x	as long as short
Nado MRVL-PERP	+0.0393%	1h	256.49	+0.045%	$508K	$69K	10x	as long as short