Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0003%/8h= +0.4% APRpaid last 24h —

Price spread now: Coinbase International against Paradex−0.305%7-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 Coinbase International

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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.305% cheaper against Paradex than usual: you would sell low and buy high, −$31 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex MRVL-USD-PERP	259.14	0.0061	pay 0.0061% / 8h	13m 11s	—	—	5x
Short	Coinbase International MRVL-PERP-INTX	258.35	0.0064	get 0.0008% / 1h	13m 11s	$319K	$767K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.305%Rate

Funding earned: $0.69
Price spread: −0.305% → 0.000%: −$30.53
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$43.84
Costs to cover: 0.140%
Break-even: 452.6 days

Slippage unknown: Paradex: no order-book sample; Coinbase International: live order book, 65 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 Coinbase International live order book, 65 min ago	4.46 bp	9.5 bp −$9	13.3 bp −$133	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
Aster MRVLUSDT	0.0000%	8h	259.10	−0.016%	$313K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	259.07	−0.027%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.13	−0.004%	$7.1M	$22.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	259.15	+0.003%	$5.7M	$9.8M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	259.20	+0.023%	$5.6M	$16.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	259.35	+0.080%	$722K	$764K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	259.21	+0.027%	$1K	$6.8M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	259.18	+0.015%	$22K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.34	+0.077%	$131K	$59K	50x	as long as short
BloFin MRVL-USDT	+0.0007%	8h	259.18	+0.015%	$374K	$170K	50x	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	+0.0018%	1h	259.20	+0.021%	$880	$53K	10x	as long as short
Lighter MRVL	+0.0032%	1h	259.25	+0.042%	$96K	$213K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	259.22	+0.030%	$1.1M	$4.3M	10x	as long as short
Binance MRVLUSDT	+0.0039%	8h	259.20	+0.022%	$24.3M	$114.7M	50x	as long as short
Extended MRVL-USD	+0.0040%	1h	259.14	0.000%	$49K	$206K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.00	−0.054%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	259.59	+0.173%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.10	−0.016%	$14.6M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.19	+0.019%	$108K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.16	+0.007%	$176	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.01	−0.051%	$587K	$932K	10x	as long as short
Paradex MRVL-USD-PERPlong	+0.0061%	8h	259.14	long leg	—	—	5x
GRVT MRVL_USDT_Perp	+0.0061%	8h	259.39	+0.096%	$700	$224K	10x	as long as short
Coinbase International MRVL-PERP-INTXshort	+0.0064%	1h	258.35	−0.305%	$319K	$767K	10x
KuCoin MRVLUSDTM	+0.0100%	8h	259.08	−0.024%	$513K	$68K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	259.16	+0.007%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.20	+0.023%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.20	+0.023%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0142%	1h	259.17	+0.013%	$88K	$316K	10x	as long as short
Phoenix MRVL	+0.0217%	1h	259.32	+0.069%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.85	+1.045%	$11K	$629	12x	as long as short
edgeX MRVLUSDC	+0.0437%	4h	259.27	+0.051%	$36K	$370K	10x	as long as short