Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Extended against Variational Omni+0.036%7-day average −0.012% · you sell dearer than you buy

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

Long on Variational Omni Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.006%+$1 on $10k

Price spread, last 3 days (all we have)+0.085%+$9 · spread now +0.036%, 7d avg −0.012%

Together, before fees+0.091%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board+$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.048% dearer against Variational Omni than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.012%.

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 27m	$713K	$759K	—
Short	Extended MRVL-USD	258.46	0	get 0.0000% / 1h	27m 33s	$44K	$190K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 ExtendedbpOrdersPrice spread, now +0.036%Rate

Funding earned: $0
Price spread: +0.036% → −0.012%: $4.85
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$0.15
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 57 min ago; Extended: live order book, 54 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, 57 min ago	3.15 bp	doesn't fit	26.1 bp −$261	doesn't fit	doesn't fit
Sell Extended live order book, 54 min ago	2.33 bp	8.8 bp −$9	66.6 bp −$666	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	−0.0060%	1h	258.42	+0.021%	$74K	$309K	10x	as long as short
BloFin MRVL-USDT	0.0000%	8h	258.41	+0.018%	$375K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	258.06	−0.116%	$311K	$331K	50x	as long as short
Extended MRVL-USDshort	0.0000%	1h	258.46	+0.036%	$44K	$190K	10x
Binance MRVLUSDT	0.0000%	8h	258.51	+0.056%	$24.1M	$114.6M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	258.41	+0.018%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	258.43	+0.026%	$7.1M	$22.4M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	258.47	+0.042%	$5.5M	$9.8M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	258.52	+0.061%	$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	258.52	+0.060%	$618	$238K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	258.43	+0.026%	$1K	$6.9M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	258.16	−0.078%	$130K	$81K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	258.30	−0.025%	$600	$54K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0021%	1h	258.42	+0.022%	$22K	$143K	10x	as long as short
Lighter MRVL	+0.0032%	1h	258.54	+0.069%	$92K	$208K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	258.13	−0.090%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	258.74	+0.146%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	258.39	+0.011%	$14.6M	$9.6M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	258.67	+0.119%	$107K	$68K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	258.37	+0.003%	$248	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	258.16	−0.078%	$591K	$940K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0060%	8h	258.44	+0.028%	—	—	5x	as long as short
QFEX MRVL-USD	+0.0064%	1h	258.46	+0.038%	$1.1M	$4.2M	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	258.30	−0.024%	$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	258.40	+0.014%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	258.40	+0.014%	$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	258.42	+0.022%	$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	+0.0832%	4h	258.46	+0.038%	$36K	$366K	10x	as long as short