Funding arb · Price arb /

MRVL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against HTX−0.037%7-day average +0.024% · you buy dearer than you sell

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

Long on HTX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.032%+$3 on $10k

Price spread, last 4 days (all we have)−0.039%−$4 · spread now −0.037%, 7d avg +0.024%

Together, before fees−0.007%+ Points / potential airdropVariational Omni: Active · farm board−$1 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: Variational Omni is 0.062% cheaper against HTX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX MRVL-USDT	254.60	0	get 0.0000% / 8h	1h 41m	$131K	$47K	50x
Short	Variational Omni MRVL	254.51	0	get 0.0000% / 8h	1h 41m	$708K	$479K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against HTX. 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 HTXbpFee Variational OmnibpOrdersPrice spread, now −0.037%Rate

Funding earned: $0
Price spread: −0.037% → +0.024%: −$6.16
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$18.16
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 64 min ago; Variational Omni: RFQ quote, 2 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 HTX live order book, 64 min ago	2.93 bp	8.9 bp −$9	17.1 bp −$171	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	2.73 bp	doesn't fit	18.4 bp −$184	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
Bitget MRVLUSDT	−0.0774%	8h	254.52	−0.031%	$5.5M	$17.1M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	254.50	−0.041%	$300K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	254.39	−0.084%	$50K	$269K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	254.44	−0.061%	$23.4M	$113.3M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	254.34	−0.102%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	254.40	−0.079%	$6.7M	$24.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	254.44	−0.063%	$5.1M	$8.6M	50x	as long as short
Variational Omni MRVLshort	0.0000%	8h	254.51	−0.037%	$708K	$479K	—
GRVT MRVL_USDT_Perp	0.0000%	8h	254.65	+0.019%	$626	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	254.42	−0.071%	$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	254.28	−0.126%	$22K	$144K	10x	as long as short
HTX MRVL-USDTlong	0.0000%	8h	254.60	long leg	$131K	$47K	50x
BloFin MRVL-USDT	+0.0005%	8h	254.61	+0.004%	$364K	$183K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0016%	1h	254.65	+0.020%	$593	$47K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	254.72	+0.047%	$324K	$642K	10x	as long as short
Lighter MRVL	+0.0032%	1h	254.37	−0.090%	$88K	$169K	10x	as long as short
QFEX MRVL-USD	+0.0034%	1h	254.43	−0.067%	$1.1M	$3.5M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.42	−0.071%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	254.73	+0.051%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	254.28	−0.126%	$14.0M	$8.9M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	254.18	−0.165%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	254.39	−0.082%	$158	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.47	−0.051%	$556K	$788K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	254.28	−0.127%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0057%	1h	254.45	−0.060%	$87K	$272K	10x	as long as short
edgeX MRVLUSDC	+0.0074%	4h	254.54	−0.025%	$36K	$375K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	254.54	−0.024%	$503K	$66K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	254.61	+0.004%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	254.44	−0.063%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	254.40	−0.080%	$18	—	10x	as long as short
Phoenix MRVL	+0.0156%	1h	254.66	+0.024%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	257.82	+1.265%	$11K	$853	12x	as long as short