Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: Variational Omni against Vest+0.108%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Variational Omni

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 airdropVest: Active · Variational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.108% dearer against Vest than usual: you sell high and buy low (spread +0.108% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest MRVL-USD-PERP	258.09	0.0046	pay 0.0006% / 1h	48m 21s	—	$50K	25x
Short	Variational Omni MRVL	258.37	0	get 0.0000% / 8h	3h 48m	$717K	$634K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Vest. 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 VestbpFee Variational OmnibpOrdersPrice spread, now +0.108%Rate

Funding earned: −$9.59
Price spread: +0.108% → 0.000%: $10.84
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$0.75
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Variational Omni: RFQ quote, 6 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 Vest no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 6 min ago	2.72 bp	doesn't fit	15.7 bp −$157	doesn't fit	doesn't fit

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
BloFin MRVL-USDT	−0.0009%	8h	257.75	−0.132%	$372K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	257.61	−0.187%	$309K	$331K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	257.92	−0.066%	$46K	$343K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	257.96	−0.050%	$23.7M	$108.5M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	257.85	−0.093%	$5.1M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	257.90	−0.074%	$6.9M	$22.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	257.76	−0.128%	$5.5M	$8.1M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	257.99	−0.039%	$5.5M	$16.2M	20x	as long as short
Variational Omni MRVLshort	0.0000%	8h	258.37	+0.108%	$717K	$634K	—
GRVT MRVL_USDT_Perp	0.0000%	8h	259.04	+0.368%	$536	$190K	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	257.99	−0.039%	$1K	$6.1M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	258.02	−0.027%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	258.19	+0.039%	$130K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	258.41	+0.122%	$652	$49K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	257.77	−0.124%	$1.1M	$3.6M	10x	as long as short
Nado MRVL-PERP	+0.0027%	1h	257.72	−0.143%	$88K	$272K	10x	as long as short
Lighter MRVL	+0.0032%	1h	257.07	−0.395%	$93K	$199K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	257.95	−0.054%	$25K	$26K	5x	as long as short
Vest MRVL-USD-PERPlong	+0.0046%	1h	258.09	long leg	—	$50K	25x
tradeXYZ xyz:MRVL	+0.0050%	1h	257.64	−0.174%	$14.4M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	257.64	−0.174%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	257.62	−0.182%	$175	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	257.73	−0.139%	$567K	$721K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	257.44	−0.250%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	258.15	+0.023%	$332K	$628K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	257.90	−0.074%	$509K	$60K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	259.06	+0.376%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	257.94	−0.058%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	257.90	−0.073%	$18	—	10x	as long as short
Phoenix MRVL	+0.0185%	1h	258.26	+0.066%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+1.379%	$11K	$734	12x	as long as short
edgeX MRVLUSDC	+0.0773%	4h	258.91	+0.316%	$37K	$372K	10x	as long as short