Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: SoDEX against Variational Omni+0.106%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on SoDEX

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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and SoDEX is 0.106% dearer against Variational Omni than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MRVL	260.96	0	get 0.0000% / 8h	5h 06m	$718K	$651K	—
Short	SoDEX MRVL-USD	261.24	0.0050	get 0.0006% / 1h	6m 30s	$146	$15K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.106%Rate

Funding earned: $10.5
Price spread: +0.106% → 0.000%: $10.57
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $13.07
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 58 min ago; SoDEX: 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, 58 min ago	3.13 bp	doesn't fit	15.7 bp −$157	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
BloFin MRVL-USDT	−0.0022%	8h	261.26	+0.113%	$376K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	261.09	+0.049%	$313K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	261.18	+0.083%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.23	+0.102%	$7.0M	$22.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.26	+0.113%	$5.6M	$8.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	261.26	+0.113%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVLlong	0.0000%	8h	260.96	long leg	$718K	$651K	—
GRVT MRVL_USDT_Perp	0.0000%	8h	261.09	+0.049%	$381	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	261.33	+0.140%	$1K	$6.1M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.87	−0.036%	$132K	$42K	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0017%	1h	261.02	+0.020%	$672	$50K	10x	as long as short
Extended MRVL-USD	+0.0024%	1h	261.20	+0.091%	$47K	$351K	10x	as long as short
QFEX MRVL-USD	+0.0026%	1h	261.21	+0.094%	$1.1M	$3.6M	10x	as long as short
Binance MRVLUSDT	+0.0026%	8h	261.22	+0.098%	$24.3M	$107.7M	50x	as long as short
Lighter MRVL	+0.0032%	1h	261.33	+0.140%	$94K	$206K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0032%	1h	259.84	−0.431%	$334K	$630K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.85	−0.044%	$26K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.55	+0.225%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	261.05	+0.033%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	261.09	+0.048%	$104K	$79K	10x	as long as short
SoDEX MRVL-USDshort	+0.0050%	1h	261.24	+0.106%	$146	$15K	10x
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.97	+0.002%	$577K	$694K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	261.19	+0.087%	—	—	5x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0056%	1h	261.17	+0.079%	$23K	$143K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.12	+0.060%	$516K	$61K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	261.01	+0.018%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	261.20	+0.090%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	261.19	+0.088%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0121%	1h	261.07	+0.040%	$89K	$275K	10x	as long as short
Phoenix MRVL	+0.0215%	1h	261.20	+0.090%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.39	+0.930%	$11K	$693	12x	as long as short
edgeX MRVLUSDC	+0.0491%	4h	261.07	+0.040%	$37K	$370K	10x	as long as short