Funding you earn now, next payment 02:00 UTC−0.0046%/8h= −5.1% APRpaid last 24h −0.014%
Price spread now: Variational Omni against tradeXYZ+0.122%7-day average +0.055% · 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)−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.122%, 7d avg +0.055%
=Together, before fees+0.042%+ Points / potential airdroptradeXYZ: Active · Variational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.067% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.122% now, against its 7-day average of +0.055%): +$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 4.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:MRVL | 260.18 | 0.0050 | pay 0.0006% / 1h | 12m 47s | $14.6M | $8.4M | 10x |
| Short | Variational Omni MRVL | 260.50 | 0.0004 | get 0.0004% / 8h | 6h 12m | $725K | $662K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against tradeXYZ. 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
- −$9.71
- Price spread: +0.122% → +0.055%
- $6.67
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$21.03
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 6 min ago; Variational Omni: RFQ quote, 56 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 tradeXYZ live order book, 6 min ago | 0.77 bp | 10.9 bp −$11 | 12.6 bp −$126 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 56 min ago | 2.74 bp | doesn't fit | 17.3 bp −$173 | doesn't fit | doesn't fit |
MRVL on 31 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 | 260.28 | +0.038% | $312K | $330K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.28 | +0.038% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.30 | +0.046% | $7.0M | $22.4M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.25 | +0.027% | $5.6M | $8.8M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.29 | +0.042% | $5.6M | $16.2M | 20x | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 260.52 | +0.130% | $521 | $195K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.42 | +0.092% | $1K | $6.3M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 260.22 | +0.015% | $23K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.24 | +0.023% | $131K | $41K | 50x | as long as short |
| Variational Omni MRVLshort | +0.0004% | 8h | 260.50 | +0.122% | $725K | $662K | — |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MRVL-PERP-INTX | +0.0008% | 1h | 260.39 | +0.081% | $335K | $626K | 10x | as long as short |
| Aftermath Perps MRVLUSD | +0.0012% | 1h | 260.36 | +0.070% | $884 | $51K | 10x | as long as short |
| QFEX MRVL-USD | +0.0023% | 1h | 260.29 | +0.042% | $1.1M | $3.8M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 260.28 | +0.038% | $95K | $206K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.30 | +0.046% | $25K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 260.76 | +0.223% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:MRVLlong | +0.0050% | 1h | 260.18 | long leg | $14.6M | $8.4M | 10x | |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.28 | +0.038% | $104K | $77K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.28 | +0.038% | $104 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.33 | +0.058% | $567K | $663K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 260.25 | +0.028% | — | — | 5x | as long as short |
| Extended MRVL-USD | +0.0056% | 1h | 260.26 | +0.031% | $47K | $351K | 10x | as long as short |
| Binance MRVLUSDT | +0.0058% | 8h | 260.30 | +0.046% | $24.1M | $109.8M | 50x | as long as short |
| Nado MRVL-PERP | +0.0064% | 1h | 260.28 | +0.037% | $89K | $282K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 260.49 | +0.119% | $515K | $63K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.50 | +0.123% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.39 | +0.081% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.35 | +0.064% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0153% | 1h | 260.60 | +0.161% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 262.62 | +0.938% | $11K | $679 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0847% | 4h | 260.49 | +0.121% | $37K | $372K | 10x | as long as short |
tradeXYZ xyz:MRVL
Variational Omni MRVL
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-USDT
Coinbase International MRVL-PERP-INTX
Aftermath Perps MRVLUSD
Lighter MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
Extended MRVL-USD
Binance MRVLUSDT
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC