Settings8H · net · $10k
Funding arb · Price arb /

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0162%/8h= +17.7% APRpaid last 24h
Price spread now: Phoenix against Paradex+0.303%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phoenix is 0.303% dearer against Paradex than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MRVL-USD-PERP261.100.0054pay 0.0054% / 8h7h 23m5x
ShortPhoenix MRVL261.890.0216get 0.0027% / 1h23m 28s$11K$12K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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

Funding earned
$33.95
Price spread: +0.303% → 0.000%
$30.26
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$53.21
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; Phoenix: 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
LegHalf-spread$10k$100k$1M$5M
Buy Paradex no order-book sample
Sell Phoenix no order-book sample
Paradex and Phoenix: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MRVLUSDT0.0000%8h261.11+0.004%$314K$328K50xas long as short
Bybit MRVLUSDT0.0000%8h261.01−0.034%$5.1M$4.0M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h261.09−0.004%$7.1M$22.6M50xas long as short
Gate MRVL_USDT0.0000%8h261.15+0.019%$5.6M$9.5M50xas long as short
SunX MRVL-USDT0.0000%8h261.12+0.008%$1K$6.6M10xas long as short
Deribit MRVL_USDC-PERPETUAL0.0000%1h261.08−0.008%$23K$143K10xas long as short
HTX MRVL-USDT0.0000%8h261.68+0.222%$132K$45K50xas long as short
Aftermath Perps MRVLUSD+0.0014%1h261.28+0.068%$943$52K10xas long as short
BloFin MRVL-USDT+0.0020%8h261.50+0.153%$375K$171K50xas long as short
Coinbase International MRVL-PERP-INTX+0.0024%1h260.67−0.165%$335K$764K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MRVL+0.0026%8h261.63+0.202%$726K$765Kas long as short
QFEX MRVL-USD+0.0027%1h261.08−0.008%$1.1M$4.2M10xas long as short
Lighter MRVL+0.0032%1h261.11+0.004%$96K$209K10xas long as short
Arcus MRVL-USD+0.0040%1h261.19+0.035%$26K$28K5xas long as short
Vest MRVL-USD-PERP+0.0046%1h261.54+0.169%$45K25xas long as short
tradeXYZ xyz:MRVL+0.0050%1h261.00−0.038%$14.8M$8.8M10xas long as short
Polymarket Perps MRVL-USD+0.0050%1h261.100.000%$105K$83K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h261.78+0.261%$575K$946K10xas long as short
Paradex MRVL-USD-PERPlong+0.0054%8h261.10long leg5x
Nado MRVL-PERP+0.0073%1h261.16+0.023%$89K$320K10xas long as short
Extended MRVL-USD+0.0080%1h260.92−0.068%$47K$347K10xas long as short
Binance MRVLUSDT+0.0081%8h261.02−0.029%$24.2M$114.8M50xas long as short
SoDEX MRVL-USD+0.0084%1h261.14+0.015%$115$15K10xas long as short
KuCoin MRVLUSDTM+0.0100%8h261.31+0.080%$517K$67K20xas long as short
ApeX Omni MRVLUSDT+0.0100%1h261.66+0.215%$4K$142K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h261.21+0.042%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h261.14+0.014%$1810xas long as short
GRVT MRVL_USDT_Perp+0.0114%8h261.56+0.176%$230$204K10xas long as short
edgeX MRVLUSDC+0.0165%4h261.53+0.164%$37K$369K10xas long as short
Bitget MRVLUSDT+0.0202%8h261.06−0.015%$5.5M$16.5M20xas long as short
Phoenix MRVLshort+0.0216%1h261.89+0.303%$11K$12K10x
Injective MRVL/USDC PERP+0.0220%1h263.77+1.023%$11K$65812xas long as short