Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.018%

Price spread now: Variational Omni against Deribit+0.226%7-day average +0.021% · you sell dearer than you buy

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

Long on Deribit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.085%−$8 on $10k

Price spread, last 4 days (all we have)−0.340%−$34 · spread now +0.226%, 7d avg +0.021%

Together, before fees−0.424%+ Points / potential airdropVariational Omni: Active · farm board−$42 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 0.205% dearer against Deribit than usual: you sell high and buy low, +$21 on $10k if it goes back to its 7-day average of +0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit MRVL_USDC-PERPETUAL	255.05	0	get 0.0000% / 1h	49m 34s	$22K	$144K	10x
Short	Variational Omni MRVL	255.63	0	get 0.0000% / 8h	4h 49m	$711K	$216K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Deribit. 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 DeribitbpFee Variational OmnibpOrdersPrice spread, now +0.226%Rate

Funding earned: $0
Price spread: +0.226% → +0.021%: $20.51
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $13.51
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Deribit: live order book, 57 min ago; Variational Omni: RFQ quote, 58 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 Deribit live order book, 57 min ago	5.65 bp	9.2 bp −$9	12.3 bp −$123	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 58 min ago	2.74 bp	doesn't fit	14.5 bp −$145	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
Aster MRVLUSDT	0.0000%	8h	254.89	−0.062%	$301K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	254.82	−0.090%	$48K	$346K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	254.90	−0.058%	$23.6M	$120.9M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	254.74	−0.122%	$4.9M	$4.3M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	254.87	−0.071%	$6.9M	$26.2M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	254.87	−0.071%	$4.9M	$8.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	254.90	−0.059%	$5.4M	$19.6M	20x	as long as short
Variational Omni MRVLshort	0.0000%	8h	255.63	+0.226%	$711K	$216K	—
SunX MRVL-USDT	0.0000%	8h	255.65	+0.235%	$1K	$5.1M	10x	as long as short
Deribit MRVL_USDC-PERPETUALlong	0.0000%	1h	255.05	long leg	$22K	$144K	10x

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRVL-USDT	0.0000%	8h	255.46	+0.161%	$131K	$41K	50x	as long as short
GRVT MRVL_USDT_Perp	+0.0004%	8h	255.82	+0.303%	$412	$179K	10x	as long as short
Aftermath Perps MRVLUSD	+0.0010%	1h	255.68	+0.246%	$1K	$41K	10x	as long as short
BloFin MRVL-USDT	+0.0011%	8h	255.72	+0.263%	$379K	$210K	50x	as long as short
QFEX MRVL-USD	+0.0026%	1h	254.92	−0.051%	$1.2M	$3.4M	10x	as long as short
Lighter MRVL	+0.0032%	1h	254.60	−0.176%	$104K	$183K	10x	as long as short
Injective MRVL/USDC PERP	+0.0033%	1h	259.12	+1.596%	$11K	$820	12x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.73	−0.125%	$22K	$20K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.84	+0.310%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	254.64	−0.161%	$14.0M	$9.1M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.20	+0.059%	$153	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.58	+0.208%	$542K	$850K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	254.68	−0.145%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0076%	1h	255.60	+0.216%	$87K	$275K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	254.93	−0.047%	$504K	$303K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.93	+0.345%	$4K	$144K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.09	+0.016%	$2K	$2K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.08	+0.012%	$18	—	10x	as long as short
Phoenix MRVL	+0.0125%	1h	255.80	+0.294%	$11K	$13K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0160%	1h	256.80	+0.686%	$320K	$427K	10x	as long as short
Polymarket Perps MRVL-USD	+0.0258%	1h	255.84	+0.310%	$54K	$151K	10x	as long as short
edgeX MRVLUSDC	+0.0967%	4h	255.75	+0.274%	$36K	$375K	10x	as long as short