Funding you earn now, next payment 01:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h −0.132%
Price spread now: Variational Omni against Nado−0.029%7-day average +0.021% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.446%−$45 on $10k
+Price spread, last 3 days (all we have)−0.070%−$7 · spread now −0.029%, 7d avg +0.021%
=Together, before fees−0.516%+ Points / potential airdropNado: Active · Variational Omni: Active · farm board−$52 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.050% cheaper against Nado than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.021%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MRVL-PERP | 260.08 | 0.0049 | pay 0.0006% / 1h | 53m 23s | $88K | $316K | 10x |
| Short | Variational Omni MRVL | 260.00 | 0.0005 | get 0.0005% / 8h | 7h 53m | $723K | $765K | — |
Nado MRVL-PERP
Variational Omni MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$9.3
- Price spread: −0.029% → +0.021%
- −$5.02
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$21.32
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 19 min ago; Variational Omni: RFQ quote, 21 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 Nado live order book, 19 min ago | 6.17 bp | 21.5 bp −$22 | 33.7 bp −$337 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 21 min ago | 2.72 bp | doesn't fit | 16.1 bp −$161 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRVLUSDT | 0.0000% | 8h | 260.10 | +0.007% | $314K | $328K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.18 | +0.040% | $5.1M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.26 | +0.071% | $7.1M | $22.4M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.20 | +0.047% | $5.6M | $9.4M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.16 | +0.032% | $5.6M | $16.4M | 20x | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 259.90 | −0.068% | $686 | $223K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.13 | +0.021% | $1K | $6.8M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 259.99 | −0.033% | $131K | $51K | 50x | as long as short |
| Variational Omni MRVLshort | +0.0005% | 8h | 260.00 | −0.029% | $723K | $765K | — | |
| Aftermath Perps MRVLUSD | +0.0016% | 1h | 259.77 | −0.116% | $882 | $53K | 10x | as long as short |
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
HTX MRVL-USDT
Aftermath Perps MRVLUSDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MRVL-PERP-INTX | +0.0024% | 1h | 258.35 | −0.664% | $319K | $764K | 10x | as long as short |
| BloFin MRVL-USDT | +0.0026% | 8h | 260.15 | +0.028% | $374K | $170K | 50x | as long as short |
| QFEX MRVL-USD | +0.0027% | 1h | 260.11 | +0.013% | $1.1M | $4.3M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 260.21 | +0.051% | $95K | $209K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 259.77 | −0.118% | $26K | $28K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 260.57 | +0.190% | — | $46K | 25x | as long as short |
| Nado MRVL-PERPlong | +0.0049% | 1h | 260.08 | long leg | $88K | $316K | 10x | |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 260.12 | +0.017% | $14.6M | $8.9M | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 259.94 | −0.053% | $578K | $931K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0057% | 8h | 260.13 | +0.020% | — | — | 5x | as long as short |
| Binance MRVLUSDT | +0.0061% | 8h | 260.26 | +0.071% | $24.2M | $114.9M | 50x | as long as short |
| Extended MRVL-USD | +0.0064% | 1h | 260.23 | +0.060% | $49K | $204K | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0076% | 1h | 260.30 | +0.086% | $105K | $86K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 259.99 | −0.033% | $515K | $70K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 259.75 | −0.126% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.27 | +0.074% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 259.95 | −0.048% | $18 | — | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0173% | 1h | 260.12 | +0.017% | $23K | $143K | 10x | as long as short |
| Phoenix MRVL | +0.0216% | 1h | 260.21 | +0.051% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 262.42 | +0.901% | $11K | $635 | 12x | as long as short |
| SoDEX MRVL-USD | +0.0275% | 1h | 260.15 | +0.028% | $151 | $14K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0547% | 4h | 259.76 | −0.121% | $37K | $368K | 10x | as long as short |
Coinbase International MRVL-PERP-INTX
BloFin MRVL-USDT
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Binance MRVLUSDT
Extended MRVL-USD
Polymarket Perps MRVL-USD
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Deribit MRVL_USDC-PERPETUAL
Phoenix MRVL
Injective MRVL/USDC PERP
SoDEX MRVL-USD
edgeX MRVLUSDC