Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: OKX against SoDEX+0.046%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. OKX is 0.046% dearer against SoDEX than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX MRVL-USD	260.76	0.0050	pay 0.0006% / 1h	33m 56s	$120	$15K	10x
Short	OKX MRVL-USDT-SWAP	260.88	0	get 0.0000% / 8h	4h 33m	$7.0M	$22.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against SoDEX. 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 SoDEXbpFee OKXbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$10.5
Price spread: +0.046% → 0.000%: $4.6
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$23.9
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; OKX: live order book, 5 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 SoDEX no order-book sample	—	—	—	—	—
Sell OKX live order book, 5 min ago	0.19 bp	8.0 bp −$8	18.6 bp −$186	doesn't fit	doesn't fit

SoDEX: 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	260.84	+0.029%	$313K	$330K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	260.76	0.000%	$47K	$349K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	260.85	+0.033%	$24.3M	$107.7M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.76	0.000%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAPshort	0.0000%	8h	260.88	+0.046%	$7.0M	$22.3M	50x
Gate MRVL_USDT	0.0000%	8h	260.82	+0.023%	$5.6M	$8.1M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.91	+0.058%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.83	+0.027%	$718K	$640K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.89	+0.049%	$355	$188K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.83	+0.027%	$1K	$6.1M	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	260.66	−0.038%	$23K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.89	+0.050%	$132K	$42K	50x	as long as short
BloFin MRVL-USDT	+0.0004%	8h	260.70	−0.023%	$374K	$172K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0017%	1h	260.75	−0.002%	$605	$49K	10x	as long as short
edgeX MRVLUSDC	+0.0021%	4h	260.86	+0.040%	$37K	$371K	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.78	+0.008%	$94K	$200K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	260.76	0.000%	$1.1M	$3.6M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.61	−0.058%	$26K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.19	+0.165%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.69	−0.027%	$14.6M	$8.3M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.56	−0.077%	$104K	$79K	10x	as long as short
SoDEX MRVL-USDlong	+0.0050%	1h	260.76	long leg	$120	$15K	10x
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.57	−0.073%	$576K	$680K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	260.67	−0.036%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	259.84	−0.353%	$334K	$629K	10x	as long as short
Nado MRVL-PERP	+0.0093%	1h	260.69	−0.029%	$89K	$272K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.95	+0.073%	$515K	$60K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.97	+0.081%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.80	+0.015%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.71	−0.018%	$18	—	10x	as long as short
Phoenix MRVL	+0.0153%	1h	260.99	+0.088%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.69	+1.124%	$11K	$700	12x	as long as short