Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: SoDEX against Bybit−0.027%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on SoDEX

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—needs both histories

Funding pays, the price is against you. SoDEX is 0.027% cheaper against Bybit than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 43 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MRVLUSDT	260.34	0	get 0.0000% / 8h	5h 50m	$5.1M	$3.8M	50x
Short	SoDEX MRVL-USD	260.27	0.0050	get 0.0006% / 1h	50m 22s	$146	$15K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Bybit. 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 BybitbpFee SoDEXbpOrdersPrice spread, now −0.027%Rate

Funding earned: $10.5
Price spread: −0.027% → 0.000%: −$2.69
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$11.19
Costs to cover: 0.190%
Break-even: 14.5 days

Slippage unknown: Bybit: live order book, 2 min ago; SoDEX: 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 Bybit live order book, 2 min ago	1.34 bp	10.1 bp −$10	23.4 bp −$234	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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 31 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 MRVLUSDT	0.0000%	8h	260.39	+0.018%	$313K	$330K	50x	as long as short
Bybit MRVLUSDTlong	0.0000%	8h	260.34	long leg	$5.1M	$3.8M	50x
OKX MRVL-USDT-SWAP	0.0000%	8h	260.39	+0.019%	$7.0M	$22.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.38	+0.015%	$5.6M	$8.3M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.40	+0.023%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.51	+0.067%	$717K	$654K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.65	+0.121%	$467	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.31	−0.012%	$1K	$6.2M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	260.19	−0.058%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.63	+0.111%	$131K	$42K	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0015%	1h	260.37	+0.011%	$935	$50K	10x	as long as short
QFEX MRVL-USD	+0.0026%	1h	260.35	+0.004%	$1.1M	$3.7M	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.32	−0.008%	$95K	$203K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0032%	1h	260.17	−0.065%	$335K	$631K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.33	−0.004%	$25K	$26K	5x	as long as short
Binance MRVLUSDT	+0.0045%	8h	260.36	+0.008%	$24.2M	$107.9M	50x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.72	+0.146%	—	$45K	25x	as long as short
Extended MRVL-USD	+0.0048%	1h	260.25	−0.035%	$51K	$353K	10x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.20	−0.054%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.30	−0.015%	$104K	$79K	10x	as long as short
SoDEX MRVL-USDshort	+0.0050%	1h	260.27	−0.027%	$146	$15K	10x
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.43	+0.035%	$575K	$676K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	260.38	+0.014%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.58	+0.092%	$514K	$62K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.49	+0.058%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.35	+0.004%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.26	−0.030%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0157%	1h	260.30	−0.016%	$89K	$273K	10x	as long as short
Phoenix MRVL	+0.0215%	1h	260.69	+0.134%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.02	+1.029%	$11K	$680	12x	as long as short
edgeX MRVLUSDC	+0.0421%	4h	260.63	+0.113%	$37K	$370K	10x	as long as short