Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0169%/8h= −18.5% APRpaid last 24h —

Price spread now: Paradex against Injective−0.713%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Paradex is 0.713% cheaper against Injective than usual: you would sell low and buy high (−$71 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective MRVL/USDC PERP	256.63	0.0220	pay 0.0028% / 1h	10m 38s	$11K	$832	12x
Short	Paradex MRVL-USD-PERP	254.80	0.0051	get 0.0051% / 8h	6h 10m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Injective. 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 InjectivebpFee ParadexbpOrdersPrice spread, now −0.713%Rate

Funding earned: −$35.56
Price spread: −0.713% → 0.000%: −$71.3
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$110.88
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Paradex: 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 Injective no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Injective and Paradex: 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 exchanges

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	−0.0021%	8h	254.87	−0.686%	$372K	$209K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	254.62	−0.782%	$300K	$337K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	254.80	−0.714%	$46K	$300K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	254.88	−0.682%	$23.4M	$119.0M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	254.74	−0.736%	$5.0M	$4.2M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	254.80	−0.713%	$6.9M	$25.4M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	254.91	−0.670%	$5.0M	$8.6M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	254.92	−0.666%	$5.5M	$18.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	254.90	−0.676%	$708K	$214K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	254.94	−0.659%	$2K	$5.4M	10x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRVL-USDT	0.0000%	8h	253.99	−1.029%	$131K	$48K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	254.71	−0.747%	$1K	$44K	10x	as long as short
QFEX MRVL-USD	+0.0031%	1h	254.88	−0.682%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	254.83	−0.701%	$88K	$164K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.48	−0.838%	$22K	$22K	5x	as long as short
GRVT MRVL_USDT_Perp	+0.0041%	8h	254.94	−0.660%	$943	$181K	10x	as long as short
Nado MRVL-PERP	+0.0042%	1h	254.77	−0.724%	$87K	$276K	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.06	−0.612%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	254.68	−0.760%	$14.0M	$9.5M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	254.87	−0.686%	$199	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.76	−0.729%	$539K	$862K	10x	as long as short
Paradex MRVL-USD-PERPshort	+0.0051%	8h	254.80	−0.713%	—	—	5x
KuCoin MRVLUSDTM	+0.0100%	8h	254.84	−0.698%	$503K	$212K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	254.66	−0.768%	$4K	$144K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	254.91	−0.670%	$2K	$2K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	254.87	−0.686%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0128%	1h	254.68	−0.760%	$316K	$641K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0143%	1h	254.80	−0.713%	$22K	$145K	10x	as long as short
Polymarket Perps MRVL-USD	+0.0154%	1h	255.26	−0.534%	$99K	$76K	10x	as long as short
Phoenix MRVL	+0.0157%	1h	254.83	−0.701%	$11K	$13K	10x	as long as short
Injective MRVL/USDC PERPlong	+0.0220%	1h	256.63	long leg	$11K	$832	12x
edgeX MRVLUSDC	+0.0345%	4h	254.92	−0.665%	$36K	$376K	10x	as long as short