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 OKX+0.231%7-day average −0.056% · you sell dearer than you buy

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

Long on OKX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.104%+$10 on $10k

Price spread, last 4 days (all we have)−0.355%−$36 · spread now +0.231%, 7d avg −0.056%

Together, before fees−0.251%+ Points / potential airdropOndo Perps: Active · farm board−$25 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 0.287% dearer against OKX than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX MRVL-USDT-SWAP	259.52	0	get 0.0000% / 8h	6h 37m	$7.0M	$22.0M	50x
Short	Ondo Perps MRVL-USD.P	260.12	0.0050	get 0.0006% / 1h	37m 26s	$567K	$693K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against OKX. 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 OKXbpFee Ondo PerpsbpOrdersPrice spread, now +0.231%Rate

Funding earned: $10.58
Price spread: +0.231% → −0.056%: $28.73
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $24.31
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: OKX: 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 OKX live order book, 1 min ago	0.19 bp	8.0 bp −$8	14.6 bp −$146	doesn't fit	doesn't fit
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
BloFin MRVL-USDT	−0.0023%	8h	260.60	+0.416%	$378K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	259.87	+0.134%	$312K	$329K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	259.51	−0.004%	$5.1M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAPlong	0.0000%	8h	259.52	long leg	$7.0M	$22.0M	50x
Gate MRVL_USDT	0.0000%	8h	259.59	+0.027%	$5.6M	$8.7M	50x	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	259.91	+0.150%	$982	$194K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	259.64	+0.046%	$1K	$6.4M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	259.61	+0.035%	$22K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.86	+0.131%	$131K	$41K	50x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0008%	1h	260.67	+0.443%	$335K	$640K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0013%	1h	259.96	+0.170%	$883	$51K	10x	as long as short
QFEX MRVL-USD	+0.0023%	1h	259.72	+0.077%	$1.1M	$3.9M	10x	as long as short
Lighter MRVL	+0.0032%	1h	259.87	+0.135%	$95K	$205K	10x	as long as short
Variational Omni MRVL	+0.0038%	8h	260.25	+0.281%	$722K	$655K	—	as long as short
Bitget MRVLUSDT	+0.0038%	8h	259.70	+0.069%	$5.6M	$16.3M	20x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.75	+0.089%	$25K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.10	+0.223%	—	$43K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.48	−0.015%	$14.7M	$8.3M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.64	+0.046%	$104K	$77K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.72	+0.077%	$83	$15K	10x	as long as short
Ondo Perps MRVL-USD.Pshort	+0.0050%	1h	260.12	+0.231%	$567K	$693K	10x
Paradex MRVL-USD-PERP	+0.0052%	8h	259.80	+0.108%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0078%	1h	259.48	−0.014%	$89K	$319K	10x	as long as short
Extended MRVL-USD	+0.0088%	1h	259.80	+0.106%	$47K	$347K	10x	as long as short
Binance MRVLUSDT	+0.0089%	8h	259.60	+0.032%	$24.1M	$110.4M	50x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	259.91	+0.150%	$514K	$64K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	259.91	+0.150%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.61	+0.035%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.55	+0.012%	$18	—	10x	as long as short
Phoenix MRVL	+0.0153%	1h	260.19	+0.258%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.37	+1.484%	$11K	$676	12x	as long as short
edgeX MRVLUSDC	+0.0924%	4h	259.80	+0.108%	$37K	$370K	10x	as long as short