Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against Gate+0.146%7-day average −0.075% · you sell dearer than you buy

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

Long on Gate Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.382%+$38 on $10k

Price spread, last 4 days (all we have)−0.241%−$24 · spread now +0.146%, 7d avg −0.075%

Together, before fees+0.142%+ Points / potential airdropOndo Perps: Active · farm board+$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.220% dearer against Gate than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.075%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MRVL_USDT	260.74	0	get 0.0000% / 8h	6h 57m	$5.6M	$8.6M	50x
Short	Ondo Perps MRVL-USD.P	261.12	0.0050	get 0.0006% / 1h	57m 49s	$568K	$912K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo 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 Ondo PerpsbpOrdersPrice spread, now +0.146%Rate

Funding earned: $10.58
Price spread: +0.146% → −0.075%: $22.04
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $12.62
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: Gate: live order book, 1 min ago; Ondo 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, 1 min ago	2.30 bp	17.3 bp −$17	36.1 bp −$361	47.7 bp −$4,767	82.2 bp −$41.1K
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo 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
Aster MRVLUSDT	0.0000%	8h	260.90	+0.061%	$314K	$329K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.72	−0.008%	$5.1M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.70	−0.015%	$7.1M	$22.5M	50x	as long as short
Gate MRVL_USDTlong	0.0000%	8h	260.74	long leg	$5.6M	$8.6M	50x
SunX MRVL-USDT	0.0000%	8h	260.90	+0.061%	$1K	$6.6M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	260.71	−0.012%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	261.11	+0.142%	$132K	$45K	50x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0008%	1h	260.67	−0.027%	$335K	$720K	10x	as long as short
Aftermath Perps MRVLUSD	+0.0011%	1h	261.19	+0.174%	$887	$51K	10x	as long as short
BloFin MRVL-USDT	+0.0018%	8h	261.15	+0.157%	$377K	$171K	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX MRVL-USD	+0.0023%	1h	260.83	+0.035%	$1.1M	$4.1M	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.73	−0.004%	$95K	$205K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	261.03	+0.111%	$26K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.34	+0.230%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.60	−0.054%	$14.8M	$8.2M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.93	+0.073%	$105K	$81K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.74	0.000%	$130	$15K	10x	as long as short
Ondo Perps MRVL-USD.Pshort	+0.0050%	1h	261.12	+0.146%	$568K	$912K	10x
Paradex MRVL-USD-PERP	+0.0052%	8h	260.79	+0.021%	—	—	5x	as long as short
edgeX MRVLUSDC	+0.0054%	4h	261.31	+0.220%	$37K	$371K	10x	as long as short
Variational Omni MRVL	+0.0061%	8h	261.26	+0.201%	$725K	$763K	—	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.97	+0.088%	$517K	$67K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	261.22	+0.184%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.91	+0.065%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.83	+0.033%	$18	—	10x	as long as short
Extended MRVL-USD	+0.0112%	1h	260.74	−0.001%	$47K	$350K	10x	as long as short
Binance MRVLUSDT	+0.0115%	8h	260.80	+0.024%	$24.2M	$114.3M	50x	as long as short
Nado MRVL-PERP	+0.0179%	1h	260.89	+0.056%	$89K	$316K	10x	as long as short
Phoenix MRVL	+0.0216%	1h	261.33	+0.226%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.90	+1.212%	$11K	$661	12x	as long as short
GRVT MRVL_USDT_Perp	+0.0230%	8h	261.28	+0.207%	$1K	$198K	10x	as long as short
Bitget MRVLUSDT	+0.0252%	8h	260.74	0.000%	$5.5M	$16.5M	20x	as long as short