Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against Variational Omni−0.043%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Aevo is 0.043% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 33 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MRVL	254.51	0	get 0.0000% / 8h	1h 41m	$708K	$479K	—
Short	Aevo MRVL-PERP	254.40	0.0104	get 0.0013% / 1h	41m 50s	$18	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Variational Omni. 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 Variational OmnibpFee AevobpOrdersPrice spread, now −0.043%Rate

Funding earned: $21.84
Price spread: −0.043% → 0.000%: −$4.27
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: $1.57
Costs to cover: 0.160%
Break-even: 6.5 days

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Aevo: no order-book sample. 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 Variational Omni RFQ quote, 2 min ago	2.73 bp	doesn't fit	17.1 bp −$171	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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
Bitget MRVLUSDT	−0.0774%	8h	254.52	+0.006%	$5.5M	$17.1M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	254.45	−0.023%	$300K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	254.39	−0.046%	$50K	$269K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	254.41	−0.038%	$23.4M	$113.3M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	254.34	−0.065%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	254.39	−0.045%	$6.7M	$24.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	254.43	−0.030%	$5.1M	$8.6M	50x	as long as short
Variational Omni MRVLlong	0.0000%	8h	254.51	long leg	$708K	$479K	—
GRVT MRVL_USDT_Perp	0.0000%	8h	254.65	+0.056%	$626	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	254.42	−0.034%	$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	−0.089%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	254.60	+0.037%	$131K	$47K	50x	as long as short
BloFin MRVL-USDT	+0.0005%	8h	254.61	+0.041%	$364K	$183K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0016%	1h	254.65	+0.057%	$593	$47K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	254.72	+0.084%	$324K	$642K	10x	as long as short
Lighter MRVL	+0.0032%	1h	254.37	−0.053%	$88K	$169K	10x	as long as short
QFEX MRVL-USD	+0.0034%	1h	254.43	−0.030%	$1.1M	$3.5M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.42	−0.034%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	254.73	+0.088%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	254.30	−0.081%	$14.0M	$8.9M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	254.18	−0.128%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	254.39	−0.045%	$158	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.47	−0.014%	$556K	$788K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	254.28	−0.090%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0057%	1h	254.45	−0.023%	$87K	$272K	10x	as long as short
edgeX MRVLUSDC	+0.0074%	4h	254.54	+0.012%	$36K	$375K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	254.56	+0.021%	$503K	$66K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	254.61	+0.041%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	254.44	−0.026%	$2K	$3K	10x	as long as short
Aevo MRVL-PERPshort	+0.0104%	1h	254.40	−0.043%	$18	—	10x
Phoenix MRVL	+0.0156%	1h	254.66	+0.061%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	257.82	+1.302%	$11K	$853	12x	as long as short