Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0027%/8h= +2.9% APRpaid last 24h —

Price spread now: Paradex against QFEX−0.062%7-day average — · you buy dearer than you sell

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

Long on QFEX Short on Paradex

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. Paradex is 0.062% cheaper against QFEX than usual: you would sell low and buy high (spread −0.062% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 7.7 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX MRVL-USD	252.19	0.0022	pay 0.0003% / 1h	34m 57s	$1.1M	$3.5M	10x
Short	Paradex MRVL-USD-PERP	252.03	0.0049	get 0.0049% / 8h	7h 34m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against QFEX. 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 QFEXbpFee ParadexbpOrdersPrice spread, now −0.062%Rate

Funding earned: $5.61
Price spread: −0.062% → 0.000%: −$6.18
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$14.57
Costs to cover: 0.140%
Break-even: 25.2 days

Slippage unknown: QFEX: live order book, 3 min ago; Paradex: 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 QFEX live order book, 3 min ago	1.78 bp	6.8 bp −$7	8.0 bp −$80	16.7 bp −$1,670	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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	−0.0407%	8h	252.20	+0.004%	$5.5M	$17.6M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	252.47	+0.110%	$298K	$336K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	252.23	+0.018%	$47K	$300K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	252.29	+0.040%	$23.3M	$115.6M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	252.10	−0.036%	$4.9M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	252.23	+0.016%	$6.7M	$24.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	252.27	+0.032%	$4.9M	$8.5M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	252.28	+0.037%	$707K	$457K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	252.95	+0.301%	$210	$182K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	252.17	−0.008%	$1K	$5.7M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	252.11	−0.032%	$22K	$145K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	252.73	+0.214%	$130K	$48K	50x	as long as short
BloFin MRVL-USDT	+0.0012%	8h	252.17	−0.008%	$362K	$192K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	252.94	+0.298%	$1K	$46K	10x	as long as short
QFEX MRVL-USDlong	+0.0022%	1h	252.19	long leg	$1.1M	$3.5M	10x
Lighter MRVL	+0.0032%	1h	252.12	−0.028%	$87K	$164K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	252.18	−0.004%	$22K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	252.46	+0.107%	—	$51K	25x	as long as short
Paradex MRVL-USD-PERPshort	+0.0049%	8h	252.03	−0.062%	—	—	5x
tradeXYZ xyz:MRVL	+0.0050%	1h	252.00	−0.075%	$13.9M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	252.02	−0.067%	$98K	$76K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	252.18	−0.004%	$116	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	252.25	+0.024%	$536K	$843K	10x	as long as short
Nado MRVL-PERP	+0.0054%	1h	252.25	+0.023%	$86K	$272K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0072%	1h	252.03	−0.063%	$321K	$662K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	252.23	+0.016%	$498K	$111K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	252.94	+0.297%	$4K	$144K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	252.42	+0.091%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	252.35	+0.062%	$18	—	10x	as long as short
Phoenix MRVL	+0.0188%	1h	253.01	+0.325%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	256.63	+1.761%	$11K	$845	12x	as long as short
edgeX MRVLUSDC	+0.0634%	4h	253.26	+0.425%	$36K	$374K	10x	as long as short