Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.52 per $10,000 · paid last 24h —

Price spread now: Variational Omni against Paradex+0.219%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · Variational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.219% dearer against Paradex than usual: you sell high and buy low (spread +0.219% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 14 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex MRVL-USD-PERP	259.94	0.0052	pay 0.0052% / 8h	5h 46m	—	—	5x
Short	Variational Omni MRVL	260.51	0	get 0.0000% / 8h	5h 46m	$717K	$654K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Paradex. 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 ParadexbpFee Variational OmnibpOrdersPrice spread, now +0.219%Rate

Funding earned: −$10.94
Price spread: +0.219% → 0.000%: $21.9
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $6.96
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; Variational Omni: RFQ quote, 18 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 Paradex no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 18 min ago	3.13 bp	doesn't fit	18.6 bp −$186	doesn't fit	doesn't fit

Paradex: 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	−0.0006%	8h	260.10	+0.060%	—	$170K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	260.03	+0.032%	$312K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.00	+0.021%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.99	+0.017%	$7.0M	$22.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.10	+0.060%	$5.6M	$8.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.19	+0.094%	$5.5M	$16.0M	20x	as long as short
Variational Omni MRVLshort	0.0000%	8h	260.51	+0.219%	$717K	$654K	—
GRVT MRVL_USDT_Perp	0.0000%	8h	260.56	+0.235%	$466	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.07	+0.048%	$2K	$6.2M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.03	+0.033%	$131K	$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	+0.0016%	1h	260.10	+0.061%	$984	$50K	10x	as long as short
QFEX MRVL-USD	+0.0026%	1h	260.04	+0.037%	$1.1M	$3.7M	10x	as long as short
Lighter MRVL	+0.0032%	1h	259.97	+0.010%	$95K	$203K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0032%	1h	259.84	−0.040%	$334K	$630K	10x	as long as short
Extended MRVL-USD	+0.0040%	1h	259.92	−0.010%	$51K	$353K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.94	−0.002%	$25K	$26K	5x	as long as short
Binance MRVLUSDT	+0.0042%	8h	260.12	+0.066%	$24.2M	$107.9M	50x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.39	+0.171%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.93	−0.006%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.01	+0.025%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.99	+0.017%	$130	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.90	−0.017%	$574K	$675K	10x	as long as short
Paradex MRVL-USD-PERPlong	+0.0052%	8h	259.94	long leg	—	—	5x
Deribit MRVL_USDC-PERPETUAL	+0.0058%	1h	259.92	−0.010%	$23K	$143K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.21	+0.102%	$514K	$62K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.16	+0.083%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.02	+0.029%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.04	+0.036%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0138%	1h	259.93	−0.006%	$89K	$273K	10x	as long as short
Phoenix MRVL	+0.0215%	1h	260.30	+0.137%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.39	+1.325%	$11K	$693	12x	as long as short
edgeX MRVLUSDC	+0.0268%	4h	260.19	+0.096%	$37K	$371K	10x	as long as short