Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h −0.017%

Price spread now: Aftermath Perps against Variational Omni−0.026%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Aftermath Perps is 0.026% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 6.2 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MRVL	258.36	0	get 0.0000% / 8h	1h 30m	$713K	$759K	—
Short	Aftermath Perps MRVLUSD	258.30	0.0014	get 0.0002% / 1h	30m 19s	$600	$54K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Variational Omni. 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 Variational OmnibpFee Aftermath PerpsbpOrdersPrice spread, now −0.026%Rate

Funding earned: $2.86
Price spread: −0.026% → 0.000%: −$2.56
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$8.69
Costs to cover: 0.090%
Break-even: 28.2 days

Slippage unknown: Variational Omni: RFQ quote, 54 min ago; Aftermath Perps: no order-book sample. 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 Variational Omni RFQ quote, 54 min ago	3.15 bp	doesn't fit	26.1 bp −$261	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Nado MRVL-PERP	−0.0079%	1h	258.34	−0.011%	$74K	$309K	10x	as long as short
BloFin MRVL-USDT	−0.0020%	8h	258.31	−0.020%	$375K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	257.99	−0.144%	$311K	$331K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	258.37	+0.005%	$44K	$190K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	258.42	+0.023%	$24.2M	$114.6M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	258.28	−0.032%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	258.36	−0.001%	$7.1M	$22.4M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	258.39	+0.011%	$5.5M	$9.8M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	258.38	+0.007%	$5.6M	$16.5M	20x	as long as short
Variational Omni MRVLlong	0.0000%	8h	258.36	long leg	$713K	$759K	—

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MRVL_USDT_Perp	0.0000%	8h	258.28	−0.032%	$622	$240K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	258.37	+0.003%	$997	$6.9M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	258.36	−0.001%	$22K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	258.16	−0.078%	$130K	$81K	50x	as long as short
Aftermath Perps MRVLUSDshort	+0.0014%	1h	258.30	−0.026%	$600	$54K	10x
Lighter MRVL	+0.0032%	1h	258.48	+0.045%	$92K	$208K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	258.07	−0.113%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	258.58	+0.084%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	258.26	−0.040%	$14.6M	$9.6M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	258.52	+0.061%	$107K	$68K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	258.36	−0.001%	$243	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	258.22	−0.055%	$591K	$940K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0061%	8h	258.36	−0.002%	—	—	5x	as long as short
QFEX MRVL-USD	+0.0064%	1h	258.34	−0.009%	$1.1M	$4.2M	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	258.16	−0.078%	$511K	$69K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	258.02	−0.133%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	258.37	+0.003%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	258.37	+0.002%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0136%	1h	257.50	−0.334%	$317K	$890K	10x	as long as short
Phoenix MRVL	+0.0187%	1h	258.41	+0.018%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	260.35	+0.769%	$11K	$610	12x	as long as short
edgeX MRVLUSDC	+0.0813%	4h	258.43	+0.027%	$36K	$369K	10x	as long as short