Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Variational Omni against tradeXYZ−0.034%7-day average +0.058% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.222%+$22 · spread now −0.034%, 7d avg +0.058%
=Together, before fees+0.194%+ Points / potential airdroptradeXYZ: Active · Variational Omni: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.092% cheaper against tradeXYZ than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.058%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:MRVL | 255.18 | 0.0050 | pay 0.0006% / 1h | 9m 25s | $14.2M | $9.1M | 10x |
| Short | Variational Omni MRVL | 255.09 | 0 | get 0.0000% / 8h | 9m 25s | $714K | $468K | — |
tradeXYZ xyz:MRVL
Variational Omni MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against tradeXYZ. 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
- −$10.5
- Price spread: −0.034% → +0.058%
- −$9.21
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$37.71
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 10 min ago; Variational Omni: RFQ quote, 30 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 tradeXYZ live order book, 10 min ago | 0.98 bp | 13.0 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 30 min ago | 2.74 bp | doesn't fit | 20.2 bp −$202 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MRVLUSDT | −0.0518% | 8h | 255.39 | +0.082% | $5.5M | $17.2M | 20x | as long as short |
| Coinbase International MRVL-PERP-INTX | −0.0008% | 1h | 255.11 | −0.027% | $335K | $652K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.38 | +0.079% | $301K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.29 | +0.042% | $50K | $303K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 255.32 | +0.055% | $23.5M | $113.8M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.30 | +0.047% | $5.0M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.17 | −0.004% | $6.8M | $24.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.27 | +0.035% | $5.1M | $8.7M | 50x | as long as short |
| Variational Omni MRVLshort | 0.0000% | 8h | 255.09 | −0.034% | $714K | $468K | — | |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 255.14 | −0.016% | $967 | $187K | 10x | as long as short |
Bitget MRVLUSDT
Coinbase International MRVL-PERP-INTX
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
GRVT MRVL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 255.42 | +0.094% | $1K | $5.9M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 255.28 | +0.039% | $22K | $145K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.13 | −0.020% | $131K | $47K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0007% | 8h | 255.15 | −0.012% | $366K | $188K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0017% | 1h | 255.10 | −0.032% | $751 | $46K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 255.24 | +0.024% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 255.31 | +0.051% | $88K | $167K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 255.01 | −0.067% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.52 | +0.133% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVLlong | +0.0050% | 1h | 255.18 | long leg | $14.2M | $9.1M | 10x | |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 255.16 | −0.008% | $99K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.23 | +0.020% | $179 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.18 | 0.000% | $532K | $848K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 255.32 | +0.056% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0063% | 1h | 255.38 | +0.079% | $87K | $272K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 255.19 | +0.004% | $504K | $73K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 255.11 | −0.027% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.33 | +0.059% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.34 | +0.061% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0125% | 1h | 255.31 | +0.051% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.02 | +1.113% | $11K | $827 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0522% | 4h | 255.15 | −0.013% | $36K | $373K | 10x | as long as short |
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Nado MRVL-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC