MRVL funding rates and arbitrage

MRVL perpetuals trade on 15 contracts across 15 venues, forming 105 cross-venue arbitrage pairs. By net APR the current best pair is long Crypto.com against short Kraken, netting +106.31%, though note the legs settle on different cadences (4h / 1h)ใ€‚

MRVL perpetual funding rates by venue

APR = current rate ร— (24 รท settlement interval) ร— 365. Venues settle on different cadences, so rates must be annualised before comparing.

VenueContractMarginSettlementCurrent rateAPR24h avg APR24h volumeMark
LBankMRVLUSDTUSDT8h0.0171%+18.77%+34.92%$23.9M239.290
OKXMRVL-USDT-SWAPUSDT8h0.0000%0.00%+24.73%$11.8M239.090
GateMRVL_USDTUSDT8h0.0060%+6.57%-16.21%$4.5M239.120
BitgetMRVLUSDTUSDT8h0.0096%+10.51%+63.30%$4.4M239.150
BybitMRVLUSDTUSDT8h0.0000%0.00%+9.90%$3.1M239.130
WhiteBITMRVL_PERPUSDT8h0.0171%+18.77%+33.24%$2.1M239.380
MEXCMRVLSTOCK_USDTUSDT8h0.0172%+18.83%+34.77%$1.5M239.190
KuCoinMRVLUSDTMUSDT8h0.0208%+22.78%+38.93%$1.5M239.160
DeribitMRVL_USDC-PERPETUALUSDC8h0.0161%+17.62%+6.87%$533K239.070
AsterMRVLUSDTUSDT8h0.0259%+28.39%+43.45%$302K239.245
HTXMRVL-USDTUSDT8h0.0000%0.00%+6.20%$115K238.985
LighterMRVLUSDC1h0.0004%+3.50%+29.24%$57K239.000
KrakenPF_MRVLUSDUSD1h0.0106%+92.63%+16.91%$34K238.836
Crypto.comMRVLUSD-PERPUSD4h-0.0062%-13.68%-7.58%$8K240.080
CoinbaseMRVL-PERPUSDC1h-0.0008%-7.01%-7.01%$0268.120

MRVL cross-venue arbitrage pairs

Short the higher-APR leg and go long the lower one; net APR = short leg โˆ’ long leg.

LongShortNet APRDaily24h avgSettlementLiquidity
Crypto.com USDKraken USD+106.31%0.2913%+24.50%4h / 1h$8K
Coinbase USDCKraken USD+99.64%0.2730%+23.92%1h matched$0
Bybit USDTKraken USD+92.63%0.2538%+7.02%8h / 1h$34K
HTX USDTKraken USD+92.63%0.2538%+10.71%8h / 1h$34K
OKX USDTKraken USD+92.63%0.2538%-7.82%8h / 1h$34K
Lighter USDCKraken USD+89.13%0.2442%-12.32%1h matched$34K
Gate USDTKraken USD+86.06%0.2358%+33.12%8h / 1h$34K
Bitget USDTKraken USD+82.12%0.2250%-46.38%8h / 1h$34K
Deribit USDCKraken USD+75.02%0.2055%+10.04%8h / 1h$34K
LBank USDTKraken USD+73.87%0.2024%-18.01%8h / 1h$34K
WhiteBIT USDTKraken USD+73.86%0.2024%-16.33%8h / 1h$34K
MEXC USDTKraken USD+73.80%0.2022%-17.86%8h / 1h$34K

Marvell Technology (Backpack Securities) project profile

Key facts
Total
852
Max supply
unlimited
Type
Token
Market cap rank
#4778
Tokenized AssetsSolana EcosystemTokenized StocksReal World Assets (RWA)Backpack Securities Ecosystem
Contract addresses
solanaMRVLSjkR2ceUBukujaD3xCyHP1H3B2SzpsNTZF546jo
About

Marvell Technology (Backpack Securities) is a digital representation of private equity, specifically designed to bridge the gap between traditional financial markets and the on-chain ecosystem. Unlike synthetic derivatives or perpetual contracts that merely track price movements through oracles, MRVL represents a tangible claim on the underlying asset. The project is part of the emerging sector of Real World Assets (RWA), which focuses on digitizing physical or financial instruments to improve liquidity and accessibility.

Reference data from CoinGecko, independent of the rate data on this site. We do not verify or endorse what these links contain.

Funding rates for other coins

Snapshot taken 2026-10-19 13:45 UTC; the page regenerates every minute. For live data, history charts and filters, open the live dashboard, or browse All coins.