MRVL

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.614%

7d average+0.077%if it closes, per $10,000$61funding while held, a day+$2.50

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps MRVL-USD.P	252.40	0.0050	pay 0.0006% / 1h	27m 55s	$632K	$711K	10x
Short	Binance MRVLUSDT	250.85	0.0134	get 0.0134% / 8h	2h 27m	$28.0M	$50.9M	50x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee Ondo PerpsbpFee BinancebpOrdersClose when spread is

Spread captured: −$61.41
Funding while held: $2.5
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$73.91
Spread needed to break even: 0.150%

Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 16 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0083%
Per $10,000 a day: +$2.50
Average in range /8h: —

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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Binance live order book, 16 min ago	0.20 bp	6.3 bp −$6	11.8 bp −$118	40.2 bp −$4,019	doesn't fit

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 31 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni MRVL	−0.719%	+0.0061%	8h	$668K	$664K	—	as long as short
edgeX MRVLUSDC	−0.667%	+0.0819%	4h	$35K	$354K	10x	as long as short
Coinbase International MRVL-PERP-INTX	−0.646%	+0.0096%	1h	$324K	$702K	10x	as long as short
BloFin MRVL-USDT	−0.622%	+0.0021%	8h	$387K	$100K	50x	as long as short
HTX MRVL-USDT	−0.618%	0.0000%	8h	$126K	$66K	50x	as long as short
Binance MRVLUSDTshort	−0.614%	+0.0134%	8h	$28.0M	$50.9M	50x
Bybit MRVLUSDT	−0.606%	0.0000%	8h	$5.3M	$3.3M	50x	as long as short
Gate MRVL_USDT	−0.590%	0.0000%	8h	$5.6M	$6.3M	50x	as long as short
Aftermath Perps MRVLUSD	−0.563%	+0.0169%	1h	$579	$52K	10x	as long as short
OKX MRVL-USDT-SWAP	−0.539%	0.0000%	8h	$7.3M	$10.6M	50x	as long as short

Show all 31 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Extended MRVL-USD	−0.524%	+0.0136%	1h	$45K	$189K	10x	as long as short
ApeX Omni MRVLUSDT	−0.475%	+0.0100%	1h	$4K	$142K	50x	as long as short
Bitget MRVLUSDT	−0.468%	+0.0241%	8h	$6.5M	$6.6M	20x	as long as short
KuCoin MRVLUSDTM	−0.412%	+0.0100%	8h	$500K	$43K	20x	as long as short
Paradex MRVL-USD-PERP	−0.335%	+0.0082%	8h	—	—	5x	as long as short
QFEX MRVL-USD	−0.333%	+0.0077%	1h	$1.1M	$2.7M	10x	as long as short
tradeXYZ xyz:MRVL	−0.317%	+0.0050%	1h	$14.3M	$5.5M	10x	as long as short
Arcus MRVL-USD	−0.313%	+0.0857%	1h	$24K	$23K	5x	as long as short
Polymarket Perps MRVL-USD	−0.281%	+0.0192%	1h	$134K	$28K	10x	as long as short
Phoenix MRVL	−0.250%	+0.0223%	1h	$11K	$5K	10x	as long as short
Orderly PERP_MRVL_USDC_mythos	−0.147%	+0.0100%	8h	$2K	$3K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	−0.119%	+0.0187%	1h	$21K	$153K	10x	as long as short
Aevo MRVL-PERP	−0.107%	+0.0104%	1h	$18	—	10x	as long as short
Lighter MRVL	−0.095%	+0.0032%	1h	$104K	$135K	10x	as long as short
SoDEX MRVL-USD	−0.067%	+0.0125%	1h	$25	$14K	10x	as long as short
Vest MRVL-USD-PERP	−0.063%	+0.0046%	1h	—	$8K	25x	as long as short
SunX MRVL-USDT	−0.044%	0.0000%	8h	$1K	$3.8M	10x	as long as short
Nado MRVL-PERP	−0.019%	+0.0553%	1h	$505K	$62K	10x	as long as short
Ondo Perps MRVL-USD.Plong	0.000%	+0.0050%	1h	$632K	$711K	10x
Aster MRVLUSDT	+0.024%	0.0000%	8h	$321K	$23K	50x	as long as short
Injective MRVL/USDC PERP	+0.693%	+0.0220%	1h	$11K	$194	12x	as long as short