Funding you earn now, next payment 02:00 UTC−0.0049%/8h= −5.3% APRpaid last 24h −0.126%
Price spread now: Variational Omni against Nado+0.092%7-day average +0.020% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.448%−$45 on $10k
+Price spread, last 4 days (all we have)−0.194%−$19 · spread now +0.092%, 7d avg +0.020%
=Together, before fees−0.642%+ Points / potential airdropNado: Active · Variational Omni: Active · farm board−$64 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.072% dearer against Nado than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of +0.020%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.9 days. At the pace of the last 3 days (−0.448% in total) that is about 13 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MRVL-PERP | 259.25 | 0.0077 | pay 0.0010% / 1h | 35m 25s | $89K | $319K | 10x |
| Short | Variational Omni MRVL | 259.48 | 0.0028 | get 0.0028% / 8h | 6h 35m | $721K | $655K | — |
Nado MRVL-PERP
Variational Omni MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.2
- Price spread: +0.092% → +0.020%
- $7.19
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$10
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Nado: live order book, 32 min ago; Variational Omni: RFQ quote, 34 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 Nado live order book, 32 min ago | 7.65 bp | 17.7 bp −$18 | 31.4 bp −$314 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 34 min ago | 2.74 bp | doesn't fit | 17.3 bp −$173 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDT | −0.0023% | 8h | 260.60 | +0.522% | $378K | $171K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 259.49 | +0.093% | $311K | $329K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 259.41 | +0.063% | $5.1M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 259.51 | +0.102% | $7.0M | $22.2M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 259.49 | +0.094% | $5.6M | $8.7M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 259.55 | +0.117% | $5.6M | $16.3M | 20x | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 259.91 | +0.256% | $982 | $194K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 259.57 | +0.125% | $1K | $6.4M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 259.39 | +0.056% | $22K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 259.86 | +0.237% | $131K | $41K | 50x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MRVL-PERP-INTX | +0.0008% | 1h | 259.18 | −0.025% | $333K | $636K | 10x | as long as short |
| Aftermath Perps MRVLUSD | +0.0013% | 1h | 259.73 | +0.187% | $920 | $51K | 10x | as long as short |
| QFEX MRVL-USD | +0.0023% | 1h | 259.27 | +0.009% | $1.1M | $3.8M | 10x | as long as short |
| Variational Omni MRVLshort | +0.0028% | 8h | 259.48 | +0.092% | $721K | $655K | — | |
| Lighter MRVL | +0.0032% | 1h | 259.41 | +0.063% | $95K | $205K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 259.47 | +0.086% | $25K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 259.72 | +0.183% | — | $43K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 259.25 | +0.002% | $14.6M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 259.36 | +0.044% | $104K | $77K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 259.45 | +0.079% | $88 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 259.26 | +0.005% | $566K | $691K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 259.37 | +0.049% | — | — | 5x | as long as short |
| Nado MRVL-PERPlong | +0.0077% | 1h | 259.25 | long leg | $89K | $319K | 10x | |
| Binance MRVLUSDT | +0.0084% | 8h | 259.50 | +0.097% | $24.1M | $110.3M | 50x | as long as short |
| Extended MRVL-USD | +0.0088% | 1h | 259.40 | +0.060% | $47K | $347K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 259.59 | +0.133% | $513K | $64K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 259.48 | +0.090% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 259.57 | +0.125% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 259.54 | +0.115% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0153% | 1h | 259.23 | −0.006% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.37 | +1.591% | $11K | $676 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0924% | 4h | 259.80 | +0.214% | $37K | $370K | 10x | as long as short |
Coinbase International MRVL-PERP-INTX
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Binance MRVLUSDT
Extended MRVL-USD
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC