Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.002%

Price spread now: ApeX Omni against Variational Omni−0.133%7-day average 0.000% · you buy dearer than you sell

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

Long on Variational Omni Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.060%+$6 on $10k

Price spread, last 3 days (all we have)+0.178%+$18 · spread now −0.133%, 7d avg 0.000%

Together, before fees+0.238%+ Points / potential airdropVariational Omni: Active · farm board+$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.133% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of 0.000%). If the spread goes back, that is −$13 on $10k: about 4.4 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MRVL	258.22	0	get 0.0000% / 8h	1h 13m	$712K	$759K	—
Short	ApeX Omni MRVLUSDT	257.88	0.0100	get 0.0013% / 1h	13m 27s	$4K	$142K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now −0.133%Rate

Funding earned: $21
Price spread: −0.133% → 0.000%: −$13.26
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$2.26
Costs to cover: 0.100%
Break-even: 7.8 days

Slippage unknown: Variational Omni: RFQ quote, 6 min ago; ApeX Omni: live order book, 2 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 Variational Omni RFQ quote, 6 min ago	2.73 bp	doesn't fit	24.3 bp −$243	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 2 min ago	28.47 bp	39.3 bp −$39	210.9 bp −$2,109	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
Nado MRVL-PERP	−0.0018%	1h	258.34	+0.047%	$74K	$309K	10x	as long as short
Aster MRVLUSDT	0.0000%	8h	258.02	−0.080%	$311K	$331K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	258.40	+0.068%	$44K	$190K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	258.42	+0.078%	$24.1M	$114.8M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	258.33	+0.042%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	258.45	+0.088%	$7.1M	$22.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	258.42	+0.076%	$5.5M	$9.8M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	258.39	+0.065%	$5.6M	$16.5M	20x	as long as short
Variational Omni MRVLlong	0.0000%	8h	258.22	long leg	$712K	$759K	—
GRVT MRVL_USDT_Perp	0.0000%	8h	258.21	−0.005%	$785	$237K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	258.44	+0.084%	$1K	$6.9M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	258.42	+0.076%	$22K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	258.10	−0.048%	$130K	$81K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0013%	1h	258.23	+0.004%	$599	$54K	10x	as long as short
BloFin MRVL-USDT	+0.0029%	8h	258.23	+0.003%	$376K	$171K	50x	as long as short
Lighter MRVL	+0.0032%	1h	258.47	+0.096%	$92K	$208K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	258.09	−0.051%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	258.73	+0.196%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	258.31	+0.034%	$14.6M	$9.5M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	258.37	+0.057%	$233	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	258.14	−0.032%	$590K	$940K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0057%	8h	258.37	+0.058%	—	—	5x	as long as short
QFEX MRVL-USD	+0.0064%	1h	258.37	+0.057%	$1.1M	$4.3M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0066%	1h	258.58	+0.138%	$107K	$68K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	258.45	+0.088%	$512K	$69K	20x	as long as short
ApeX Omni MRVLUSDTshort	+0.0100%	1h	257.88	−0.133%	$4K	$142K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	258.40	+0.069%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	258.37	+0.057%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0136%	1h	257.50	−0.280%	$317K	$890K	10x	as long as short
Phoenix MRVL	+0.0187%	1h	258.17	−0.020%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.10	+1.114%	$11K	$611	12x	as long as short
edgeX MRVLUSDC	+0.0510%	4h	258.15	−0.028%	$36K	$369K	10x	as long as short