Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0066%/8h= +7.2% APRpaid last 24h +0.015%

Price spread now: Deribit against Variational Omni−0.025%7-day average −0.022% · you buy dearer than you sell

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

Long on Variational Omni Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.080%+$8 on $10k

Price spread, last 4 days (all we have)+0.499%+$50 · spread now −0.025%, 7d avg −0.022%

Together, before fees+0.579%+ Points / potential airdropVariational Omni: Active · farm board+$58 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.022%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MRVL	253.63	0	get 0.0000% / 8h	7h 45m	$708K	$457K	—
Short	Deribit MRVL_USDC-PERPETUAL	253.57	0.0066	get 0.0008% / 1h	45m 54s	$22K	$145K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.025%Rate

Funding earned: $13.78
Price spread: −0.025% → −0.022%: −$0.28
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $6.5
Costs to cover: 0.070%
Break-even: 3.7 days

Slippage unknown: Variational Omni: RFQ quote, 53 min ago; Deribit: live order book, 52 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, 53 min ago	2.74 bp	doesn't fit	18.0 bp −$180	doesn't fit	doesn't fit
Sell Deribit live order book, 52 min ago	6.06 bp	10.0 bp −$10	12.9 bp −$129	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	−0.0455%	8h	254.00	+0.145%	$5.5M	$17.4M	20x	as long as short
BloFin MRVL-USDT	−0.0018%	8h	253.68	+0.018%	$365K	$190K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	253.68	+0.018%	$299K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	253.72	+0.034%	$47K	$306K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	253.82	+0.075%	$23.3M	$115.0M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	253.68	+0.018%	$4.9M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	253.95	+0.125%	$6.7M	$24.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	254.03	+0.156%	$5.0M	$8.4M	50x	as long as short
Variational Omni MRVLlong	0.0000%	8h	253.63	long leg	$708K	$457K	—
GRVT MRVL_USDT_Perp	0.0000%	8h	253.96	+0.129%	$752	$187K	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	253.65	+0.007%	$1K	$5.8M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	253.75	+0.046%	$130K	$48K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	253.68	+0.017%	$998	$46K	10x	as long as short
Nado MRVL-PERP	+0.0019%	1h	253.62	−0.003%	$86K	$272K	10x	as long as short
QFEX MRVL-USD	+0.0022%	1h	253.70	+0.026%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	253.56	−0.029%	$88K	$164K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	253.39	−0.096%	$23K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	253.86	+0.089%	—	$51K	25x	as long as short
Paradex MRVL-USD-PERP	+0.0048%	8h	253.42	−0.086%	—	—	5x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	253.60	−0.013%	$14.0M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	253.74	+0.042%	$99K	$76K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	253.60	−0.013%	$112	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	253.62	−0.005%	$539K	$840K	10x	as long as short
Deribit MRVL_USDC-PERPETUALshort	+0.0066%	1h	253.57	−0.025%	$22K	$145K	10x
Coinbase International MRVL-PERP-INTX	+0.0072%	1h	253.73	+0.038%	$325K	$663K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	253.64	+0.003%	$502K	$98K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	253.55	−0.033%	$4K	$144K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	253.61	−0.009%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	253.58	−0.021%	$18	—	10x	as long as short
edgeX MRVLUSDC	+0.0177%	4h	253.68	+0.020%	$36K	$375K	10x	as long as short
Phoenix MRVL	+0.0188%	1h	253.30	−0.131%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	256.63	+1.182%	$11K	$845	12x	as long as short