Funding arb · Price arb /

MRVL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h +0.014%

Price spread now: Aftermath Perps against Gate−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 Gate Short on Aftermath Perps

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. Aftermath Perps is 0.075% cheaper against Gate 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 −$8 on $10k: about 14 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	Gate MRVL_USDT	259.14	0	get 0.0000% / 8h	44m 46s	$5.6M	$9.7M	50x
Short	Aftermath Perps MRVLUSD	258.95	0.0018	get 0.0002% / 1h	44m 46s	$601	$53K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Gate. 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 GatebpFee Aftermath PerpsbpOrdersPrice spread, now −0.075%Rate

Funding earned: $3.84
Price spread: −0.075% → 0.000%: −$7.52
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$27.68
Costs to cover: 0.240%
Break-even: 57.4 days

Slippage unknown: Gate: live order book, 4 min ago; Aftermath Perps: 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 Gate live order book, 4 min ago	2.51 bp	21.4 bp −$21	35.0 bp −$350	50.0 bp −$5,003	84.3 bp −$42.1K
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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	−0.0025%	8h	259.14	0.000%	$375K	$170K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	258.93	−0.080%	$312K	$328K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	259.07	−0.026%	$49K	$206K	10x	as long as short
Bybit MRVLUSDT	0.0000%	8h	258.95	−0.073%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.08	−0.023%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDTlong	0.0000%	8h	259.14	long leg	$5.6M	$9.7M	50x
Bitget MRVLUSDT	0.0000%	8h	259.04	−0.039%	$5.6M	$16.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	259.17	+0.013%	$720K	$763K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	259.14	0.000%	$1K	$6.9M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.10	−0.015%	$131K	$80K	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MRVLUSDT	+0.0005%	8h	259.04	−0.039%	$24.3M	$114.7M	50x	as long as short
Aftermath Perps MRVLUSDshort	+0.0018%	1h	258.95	−0.075%	$601	$53K	10x
Lighter MRVL	+0.0032%	1h	259.09	−0.019%	$96K	$213K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	259.15	+0.004%	$1.1M	$4.3M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	258.76	−0.147%	$25K	$29K	5x	as long as short
GRVT MRVL_USDT_Perp	+0.0043%	8h	259.06	−0.032%	$746	$228K	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	259.40	+0.100%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	258.98	−0.062%	$14.6M	$9.3M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.07	−0.027%	$109K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.09	−0.019%	$223	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	258.91	−0.089%	$591K	$926K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	258.35	−0.305%	$319K	$885K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0071%	8h	259.16	+0.010%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	258.98	−0.062%	$513K	$69K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	258.83	−0.120%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.13	−0.004%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.12	−0.008%	$18	—	10x	as long as short
Phoenix MRVL	+0.0217%	1h	259.19	+0.019%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.85	+1.046%	$11K	$620	12x	as long as short
Nado MRVL-PERP	+0.0229%	1h	258.91	−0.090%	$88K	$316K	10x	as long as short
edgeX MRVLUSDC	+0.0512%	4h	258.98	−0.060%	$36K	$369K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0561%	1h	259.17	+0.012%	$22K	$143K	10x	as long as short