Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Orderly against tradeXYZ+0.106%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.106% dearer against tradeXYZ than usual: you sell high and buy low: +$11 more if the spread 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	tradeXYZ xyz:MRVL	255.17	0.0050	pay 0.0006% / 1h	31m 09s	$14.1M	$9.1M	10x
Short	Orderly PERP_MRVL_USDC_mythos	255.44	0.0100	get 0.0100% / 8h	31m 09s	$2K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against tradeXYZ. 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 tradeXYZbpFee OrderlybpOrdersPrice spread, now +0.106%Rate

Funding earned: $10.5
Price spread: +0.106% → 0.000%: $10.58
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$2.92
Costs to cover: 0.240%
Break-even: 8.9 days

Slippage unknown: tradeXYZ: live order book, 8 min ago; Orderly: 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 tradeXYZ live order book, 8 min ago	0.98 bp	10.0 bp −$10	12.7 bp −$127	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	−0.0516%	8h	255.57	+0.157%	$5.5M	$17.2M	20x	as long as short
Coinbase International MRVL-PERP-INTX	−0.0008%	1h	255.58	+0.161%	$336K	$654K	10x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.46	+0.113%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.37	+0.079%	$50K	$308K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.44	+0.106%	$23.5M	$113.9M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.38	+0.082%	$5.0M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.40	+0.090%	$6.8M	$24.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.52	+0.137%	$5.1M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.45	+0.108%	$716K	$468K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.73	+0.218%	$391	$189K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	255.49	+0.125%	$2K	$5.9M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.38	+0.082%	$22K	$145K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.49	+0.125%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	255.42	+0.098%	$780	$46K	10x	as long as short
BloFin MRVL-USDT	+0.0019%	8h	255.52	+0.137%	$365K	$188K	50x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.45	+0.110%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.42	+0.098%	$88K	$167K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.29	+0.047%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.68	+0.200%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVLlong	+0.0050%	1h	255.17	long leg	$14.1M	$9.1M	10x
Polymarket Perps MRVL-USD	+0.0050%	1h	255.25	+0.031%	$99K	$86K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.40	+0.090%	$220	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.21	+0.016%	$532K	$859K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.46	+0.112%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0059%	1h	255.44	+0.105%	$87K	$272K	10x	as long as short
edgeX MRVLUSDC	+0.0090%	4h	255.51	+0.132%	$36K	$375K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	255.46	+0.114%	$505K	$67K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.50	+0.129%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythosshort	+0.0100%	8h	255.44	+0.106%	$2K	$3K	10x
Aevo MRVL-PERP	+0.0104%	1h	255.43	+0.100%	$18	—	10x	as long as short
Phoenix MRVL	+0.0125%	1h	255.50	+0.129%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.27	+1.215%	$11K	$825	12x	as long as short