Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h —

Price spread now: Paradex against Variational Omni−0.094%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 Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

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

Funding pays, the price is against you. Paradex is 0.094% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.094% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 6.2 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MRVL	256.46	0	get 0.0000% / 8h	3h 24m	$712K	$632K	—
Short	Paradex MRVL-USD-PERP	256.22	0.0050	get 0.0050% / 8h	3h 24m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.094%Rate

Funding earned: $10.59
Price spread: −0.094% → 0.000%: −$9.37
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$2.78
Costs to cover: 0.040%
Break-even: 8.8 days

Slippage unknown: Variational Omni: RFQ quote, 29 min ago; Paradex: 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, 29 min ago	2.72 bp	doesn't fit	18.4 bp −$184	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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
Bitget MRVLUSDT	−0.0107%	8h	256.31	−0.058%	$5.4M	$16.3M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.45	−0.004%	$301K	$338K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.29	−0.067%	$46K	$343K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.35	−0.044%	$23.6M	$109.4M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.12	−0.132%	$5.1M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.06	−0.155%	$6.8M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.30	−0.061%	$5.4M	$8.2M	50x	as long as short
Variational Omni MRVLlong	0.0000%	8h	256.46	long leg	$712K	$632K	—
GRVT MRVL_USDT_Perp	0.0000%	8h	257.16	+0.275%	$612	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	256.43	−0.011%	$1K	$6.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	256.28	−0.069%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	257.10	+0.251%	$130K	$42K	50x	as long as short
BloFin MRVL-USDT	+0.0013%	8h	256.35	−0.042%	$366K	$173K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	256.72	+0.101%	$659	$49K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	256.25	−0.081%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.24	−0.085%	$89K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.42	−0.015%	$25K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.57	+0.044%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.18	−0.108%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.06	−0.155%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	256.40	−0.022%	$159	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	257.11	+0.254%	$551K	$755K	10x	as long as short
Paradex MRVL-USD-PERPshort	+0.0050%	8h	256.22	−0.094%	—	—	5x
Nado MRVL-PERP	+0.0086%	1h	256.17	−0.111%	$87K	$272K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	256.28	−0.069%	$323K	$635K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.76	+0.118%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.43	−0.011%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.45	−0.005%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0109%	8h	256.57	+0.044%	$507K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	257.24	+0.305%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.025%	$11K	$734	12x	as long as short
edgeX MRVLUSDC	+0.0754%	4h	256.90	+0.173%	$36K	$371K	10x	as long as short