Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0046%/8h= +5.1% APRpaid last 24h —

Price spread now: ApeX Omni against Paradex−0.294%50s7-day average — · you buy dearer than you sell

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

Long on Paradex Short on ApeX Omni

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

Funding pays, the price is against you. ApeX Omni is 0.294% cheaper against Paradex than usual: you would sell low and buy high (spread −0.294% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$29 on $10k: about 21 days of funding at the current rate (+$1 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex MRVL-USD-PERP	256.17	0.0054	pay 0.0054% / 8h	2h 10m	—	—	5x
Short	ApeX Omni MRVLUSDT	255.42	0.0100	get 0.0013% / 1h	10m 26s	$4K	$139K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Paradex. 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 ParadexbpFee ApeX OmnibpOrdersPrice spread, now −0.294%Rate

Funding earned: $9.75
Price spread: −0.294% → 0.000%: −$29.41
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$33.66
Costs to cover: 0.140%
Break-even: 31.2 days

Slippage unknown: Paradex: no order-book sample; ApeX Omni: live order book, 35 min ago. 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 Paradex no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 35 min ago	24.19 bp	33.6 bp −$34	199.6 bp −$1,996	doesn't fit	doesn't fit

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 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
Bitget MRVLUSDT	−0.0853%	8h	256.33	+0.061%	$5.6M	$16.9M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.30	+0.049%	$302K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.14	−0.013%	$46K	$270K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.41	+0.094%	$23.7M	$112.3M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.28	+0.042%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.43	+0.100%	$6.8M	$23.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.35	+0.069%	$5.2M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.20	+0.010%	$711K	$485K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	254.92	−0.489%	$645	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	256.34	+0.065%	$1K	$6.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRVL-USDT	0.0000%	8h	255.46	−0.278%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	255.32	−0.334%	$593	$48K	10x	as long as short
BloFin MRVL-USDT	+0.0018%	8h	256.30	+0.049%	$364K	$182K	50x	as long as short
QFEX MRVL-USD	+0.0030%	1h	256.21	+0.014%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.22	+0.018%	$89K	$202K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.49	−0.267%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.40	+0.088%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.17	−0.001%	$14.1M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.14	−0.013%	$102K	$80K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.83	−0.134%	$565K	$753K	10x	as long as short
Paradex MRVL-USD-PERPlong	+0.0054%	8h	256.17	long leg	—	—	5x
SoDEX MRVL-USD	+0.0089%	1h	256.02	−0.060%	$169	$15K	10x	as long as short
Nado MRVL-PERP	+0.0094%	1h	256.15	−0.010%	$87K	$272K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	253.60	−1.005%	$318K	$634K	10x	as long as short
ApeX Omni MRVLUSDTshort	+0.0100%	1h	255.42	−0.294%	$4K	$139K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.47	+0.116%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.29	+0.047%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0107%	8h	256.20	+0.010%	$507K	$64K	20x	as long as short
Phoenix MRVL	+0.0157%	1h	255.58	−0.232%	$11K	$12K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0218%	1h	256.29	+0.046%	$22K	$144K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+0.963%	$11K	$735	12x	as long as short
edgeX MRVLUSDC	+0.0971%	4h	255.61	−0.222%	$36K	$372K	10x	as long as short