Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.018%

Price spread now: Vest against Variational Omni+0.071%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 Vest

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 · Vest: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Vest is 0.071% dearer against Variational Omni than usual: you sell high and buy low: +$7 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	257.38	0	get 0.0000% / 8h	2h 01m	$710K	$760K	—
Short	Vest MRVL-USD-PERP	257.56	0.0046	get 0.0006% / 1h	1m 24s	—	$41K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.071%Rate

Funding earned: $9.59
Price spread: +0.071% → 0.000%: $7.06
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: $14.65
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 23 min ago; Vest: 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, 23 min ago	3.15 bp	doesn't fit	26.1 bp −$261	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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
Aster MRVLUSDT	0.0000%	8h	257.25	−0.048%	$310K	$331K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	257.38	−0.001%	$44K	$190K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	257.40	+0.008%	$24.1M	$115.2M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	257.24	−0.054%	$5.1M	$4.2M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	257.30	−0.030%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	257.43	+0.020%	$5.5M	$10.0M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	257.31	−0.027%	$5.6M	$16.4M	20x	as long as short
Variational Omni MRVLlong	0.0000%	8h	257.38	long leg	$710K	$760K	—
GRVT MRVL_USDT_Perp	0.0000%	8h	257.34	−0.015%	$394	$249K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	257.39	+0.004%	$1K	$7.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRVL-USDT	0.0000%	8h	257.27	−0.042%	$130K	$81K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0015%	1h	257.26	−0.044%	$633	$54K	10x	as long as short
BloFin MRVL-USDT	+0.0026%	8h	257.27	−0.042%	$376K	$172K	50x	as long as short
Lighter MRVL	+0.0032%	1h	257.42	+0.016%	$91K	$219K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	257.05	−0.128%	$25K	$30K	5x	as long as short
QFEX MRVL-USD	+0.0043%	1h	257.36	−0.007%	$1.1M	$4.2M	10x	as long as short
Vest MRVL-USD-PERPshort	+0.0046%	1h	257.56	+0.071%	—	$41K	25x
tradeXYZ xyz:MRVL	+0.0050%	1h	257.22	−0.062%	$14.5M	$9.8M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	257.37	−0.003%	$247	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	257.23	−0.058%	$585K	$939K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0064%	8h	257.29	−0.035%	—	—	5x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0100%	1h	257.27	−0.042%	$22K	$143K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	257.24	−0.054%	$509K	$72K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	257.15	−0.089%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	257.40	+0.008%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	257.37	−0.002%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0112%	1h	257.13	−0.097%	$317K	$890K	10x	as long as short
Polymarket Perps MRVL-USD	+0.0134%	1h	257.49	+0.043%	$106K	$64K	10x	as long as short
Phoenix MRVL	+0.0156%	1h	257.24	−0.054%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	259.72	+0.910%	$11K	$609	12x	as long as short
Nado MRVL-PERP	+0.0406%	1h	257.13	−0.098%	$509K	$66K	10x	as long as short
edgeX MRVLUSDC	+0.0879%	4h	257.39	+0.005%	$36K	$369K	10x	as long as short