Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against Bybit+0.187%7-day average +0.028% · you sell dearer than you buy

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

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.028%+$3 on $10k

Price spread, last 4 days (all we have)−0.238%−$24 · spread now +0.187%, 7d avg +0.028%

Together, before fees−0.211%+ Points / potential airdropVariational Omni: Active · farm board−$21 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.159% dearer against Bybit than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of +0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MRVLUSDT	254.07	0	get 0.0000% / 8h	4h 08m	$4.9M	$4.2M	50x
Short	Variational Omni MRVL	254.55	0	get 0.0000% / 8h	4h 08m	$708K	$191K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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 BybitbpFee Variational OmnibpOrdersPrice spread, now +0.187%Rate

Funding earned: $0
Price spread: +0.187% → +0.028%: $15.86
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $4.86
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Bybit: live order book, 2 min ago; Variational Omni: RFQ quote, 34 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 Bybit live order book, 2 min ago	0.98 bp	13.1 bp −$13	30.1 bp −$301	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 34 min ago	2.74 bp	doesn't fit	26.2 bp −$262	doesn't fit	doesn't fit

MRVL on 32 exchanges

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
BloFin MRVL-USDT	−0.0004%	8h	254.32	+0.098%	$332K	$206K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	254.31	+0.094%	$300K	$334K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	254.19	+0.046%	$46K	$353K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	254.29	+0.087%	$23.8M	$121.6M	50x	as long as short
Bybit MRVLUSDTlong	0.0000%	8h	254.07	long leg	$4.9M	$4.2M	50x
OKX MRVL-USDT-SWAP	0.0000%	8h	254.15	+0.031%	$6.9M	$26.0M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	254.31	+0.094%	$4.9M	$8.5M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	254.17	+0.039%	$5.4M	$19.8M	20x	as long as short
Variational Omni MRVLshort	0.0000%	8h	254.55	+0.187%	$708K	$191K	—
GRVT MRVL_USDT_Perp	0.0000%	8h	254.63	+0.222%	$657	$177K	10x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	254.51	+0.173%	$1K	$5.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	254.33	+0.102%	$22K	$145K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	254.48	+0.161%	$131K	$41K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0005%	1h	254.40	+0.132%	$1K	$41K	10x	as long as short
QFEX MRVL-USD	+0.0026%	1h	254.07	0.000%	$1.2M	$3.4M	10x	as long as short
Lighter MRVL	+0.0032%	1h	254.07	0.000%	$104K	$183K	10x	as long as short
Injective MRVL/USDC PERP	+0.0033%	1h	259.12	+1.988%	$11K	$820	12x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.09	+0.008%	$22K	$18K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	254.33	+0.102%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	254.00	−0.028%	$14.0M	$9.0M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	254.31	+0.094%	$158	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.44	+0.146%	$543K	$850K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	254.20	+0.051%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	254.31	+0.094%	$503K	$352K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	254.58	+0.201%	$4K	$145K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	254.55	+0.189%	$2K	$2K	10x	as long as short
Nado MRVL-PERP	+0.0102%	1h	254.34	+0.107%	$87K	$275K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	254.39	+0.125%	$18	—	10x	as long as short
Phoenix MRVL	+0.0125%	1h	254.85	+0.307%	$11K	$13K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0160%	1h	254.77	+0.276%	$317K	$412K	10x	as long as short
Polymarket Perps MRVL-USD	+0.0231%	1h	254.26	+0.075%	$53K	$151K	10x	as long as short
edgeX MRVLUSDC	+0.0484%	4h	254.70	+0.248%	$36K	$373K	10x	as long as short