Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.002%

Price spread now: Binance against Extended+0.006%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$280.284% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.006%, 7d avg +0.037%

Together, before fees−0.054%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.032% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MRVL-USD	255.18	0	get 0.0000% / 1h	53m 12s	$48K	$307K	10x
Short	Binance MRVLUSDT	255.20	0	get 0.0000% / 8h	53m 12s	$23.5M	$113.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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 ExtendedbpFee BinancebpOrdersPrice spread, now +0.006%Rate

Funding earned: $0
Price spread: +0.006% → +0.037%: −$3.18
Slippage, 4 orders: −$13.4
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$31.58
Costs to cover: 0.284%
Break-even: never at this rate

Slippage from Extended: live order book, 49 min ago; Binance: live order book, 5 min ago.

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 Extended live order book, 49 min ago	0.98 bp	7.2 bp −$7	65.1 bp −$651	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	0.20 bp	7.7 bp −$8	12.7 bp −$127	52.8 bp −$5,276	doesn't fit

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
Bitget MRVLUSDT	−0.0614%	8h	255.40	+0.085%	$5.5M	$17.1M	20x	as long as short
Coinbase International MRVL-PERP-INTX	−0.0008%	1h	254.95	−0.091%	$335K	$651K	10x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.13	−0.020%	$301K	$341K	50x	as long as short
Extended MRVL-USDlong	0.0000%	1h	255.18	long leg	$48K	$307K	10x
Binance MRVLUSDTshort	0.0000%	8h	255.20	+0.006%	$23.5M	$113.8M	50x
Bybit MRVLUSDT	0.0000%	8h	255.05	−0.052%	$5.0M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.12	−0.024%	$6.8M	$24.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.22	+0.015%	$5.2M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.29	+0.043%	$710K	$464K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.36	+0.070%	$401	$191K	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	255.39	+0.081%	$2K	$5.9M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.11	−0.028%	$22K	$145K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.16	−0.009%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0016%	1h	255.27	+0.034%	$593	$47K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.31	+0.050%	$1.1M	$3.5M	10x	as long as short
Nado MRVL-PERP	+0.0028%	1h	255.21	+0.010%	$87K	$272K	10x	as long as short
BloFin MRVL-USDT	+0.0028%	8h	255.11	−0.028%	$366K	$186K	50x	as long as short
Lighter MRVL	+0.0032%	1h	255.16	−0.009%	$88K	$167K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.12	−0.024%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.54	+0.140%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.13	−0.021%	$14.1M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.02	−0.064%	$100K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.19	+0.003%	$204	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.96	−0.087%	$532K	$858K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.29	+0.041%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	255.39	+0.081%	$505K	$66K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.25	+0.027%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.19	+0.003%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.16	−0.007%	$18	—	10x	as long as short
Phoenix MRVL	+0.0125%	1h	255.25	+0.027%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.10	+1.143%	$11K	$823	12x	as long as short
edgeX MRVLUSDC	+0.0409%	4h	255.24	+0.024%	$36K	$372K	10x	as long as short