Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.005%

Price spread now: OKX against Extended−0.004%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$320.323% of the position

Long on Extended Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.027%−$3 on $10k

Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.004%, 7d avg +0.009%

Together, before fees+0.055%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MRVL-USD	259.22	0.0040	pay 0.0005% / 1h	12m 18s	$49K	$206K	10x
Short	OKX MRVL-USDT-SWAP	259.21	0	get 0.0000% / 8h	12m 18s	$7.1M	$22.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.004%Rate

Funding earned: −$8.4
Price spread: −0.004% → +0.009%: −$1.3
Slippage, 4 orders: −$17.32
Fee Extended: 2.5 bp × 2 orders: −$5
Fee OKX: 5 bp × 2 orders: −$10
Net: −$42.02
Costs to cover: 0.323%
Break-even: never at this rate

Slippage from Extended: live order book, 64 min ago; OKX: live order book, 1 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, 64 min ago	1.94 bp	8.3 bp −$8	97.5 bp −$975	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.19 bp	7.9 bp −$8	16.6 bp −$166	doesn't fit	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
Aster MRVLUSDT	0.0000%	8h	259.10	−0.048%	$313K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	259.14	−0.031%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAPshort	0.0000%	8h	259.21	−0.004%	$7.1M	$22.5M	50x
Gate MRVL_USDT	0.0000%	8h	259.20	−0.008%	$5.7M	$9.8M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	259.25	+0.011%	$5.6M	$16.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	259.35	+0.049%	$722K	$764K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	259.27	+0.019%	$1K	$6.8M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.34	+0.046%	$131K	$59K	50x	as long as short
BloFin MRVL-USDT	+0.0007%	8h	259.18	−0.016%	$374K	$170K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	259.20	−0.010%	$880	$53K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MRVL	+0.0032%	1h	259.27	+0.019%	$96K	$213K	10x	as long as short
Binance MRVLUSDT	+0.0038%	8h	259.24	+0.007%	$24.3M	$114.7M	50x	as long as short
QFEX MRVL-USD	+0.0038%	1h	259.24	+0.007%	$1.1M	$4.3M	10x	as long as short
Extended MRVL-USDlong	+0.0040%	1h	259.22	long leg	$49K	$206K	10x
Arcus MRVL-USD	+0.0040%	1h	259.01	−0.082%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	259.58	+0.138%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.06	−0.062%	$14.6M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.14	−0.031%	$108K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.21	−0.004%	$166	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.08	−0.055%	$587K	$934K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0060%	8h	259.13	−0.035%	—	—	5x	as long as short
GRVT MRVL_USDT_Perp	+0.0061%	8h	259.39	+0.065%	$700	$224K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	258.35	−0.336%	$319K	$767K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	259.10	−0.047%	$513K	$68K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	259.16	−0.024%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.25	+0.011%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.22	0.000%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0139%	1h	259.12	−0.040%	$88K	$316K	10x	as long as short
Phoenix MRVL	+0.0217%	1h	259.32	+0.038%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.85	+1.014%	$11K	$629	12x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0252%	1h	259.23	+0.003%	$22K	$143K	10x	as long as short
edgeX MRVLUSDC	+0.0437%	4h	259.27	+0.020%	$36K	$370K	10x	as long as short