Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0925%/8h= +101.3% APRpaid last 24h +0.041%

Price spread now: edgeX against Vest−0.310%63s7-day average — · you buy dearer than you sell

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

Long on Vest Short on edgeX

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—+ Points / potential airdropVest: Active · edgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.310% cheaper against Vest than usual: you would sell low and buy high (spread −0.310% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$31 on $10k: about 27 hours of funding at the current rate (+$28 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest MRVL-USD-PERP	256.40	0.0046	pay 0.0006% / 1h	10m 17s	—	$51K	25x
Short	edgeX MRVLUSDC	255.61	0.0971	get 0.0485% / 4h	2h 10m	$36K	$372K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Vest. 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 VestbpFee edgeXbpOrdersPrice spread, now −0.310%Rate

Funding earned: $194.31
Price spread: −0.310% → 0.000%: −$30.98
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $152.32
Costs to cover: 0.110%
Break-even: 1.5 days

Slippage unknown: Vest: no order-book sample; edgeX: live order book, 38 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 Vest no order-book sample	—	—	—	—	—
Sell edgeX live order book, 38 min ago	5.46 bp	10.2 bp −$10	14.9 bp −$149	doesn't fit	doesn't fit

Vest: 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	−0.0853%	8h	256.40	0.000%	$5.6M	$17.0M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.34	−0.025%	$302K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.37	−0.012%	$46K	$270K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.46	+0.023%	$23.7M	$112.4M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.34	−0.023%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.39	−0.004%	$6.8M	$23.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.35	−0.020%	$5.2M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.20	−0.078%	$711K	$485K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	254.92	−0.577%	$645	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	256.45	+0.020%	$1K	$6.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRVL-USDT	0.0000%	8h	256.37	−0.012%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	255.32	−0.422%	$593	$48K	10x	as long as short
BloFin MRVL-USDT	+0.0018%	8h	256.30	−0.039%	$364K	$182K	50x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0023%	1h	256.39	−0.004%	$22K	$144K	10x	as long as short
QFEX MRVL-USD	+0.0030%	1h	256.21	−0.074%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.44	+0.016%	$89K	$202K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.49	−0.355%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERPlong	+0.0046%	1h	256.40	long leg	—	$51K	25x
tradeXYZ xyz:MRVL	+0.0050%	1h	256.17	−0.090%	$14.1M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.14	−0.101%	$102K	$80K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.83	−0.222%	$565K	$753K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0054%	8h	256.17	−0.088%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0094%	1h	256.15	−0.098%	$87K	$272K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	253.60	−1.092%	$318K	$634K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.42	−0.382%	$4K	$139K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.47	+0.027%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.48	+0.029%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0107%	8h	256.20	−0.078%	$507K	$64K	20x	as long as short
SoDEX MRVL-USD	+0.0128%	1h	256.27	−0.051%	$174	$15K	10x	as long as short
Phoenix MRVL	+0.0157%	1h	255.58	−0.320%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+0.874%	$11K	$735	12x	as long as short
edgeX MRVLUSDCshort	+0.0971%	4h	255.61	−0.310%	$36K	$372K	10x