Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0074%/8h= +8.1% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against Variational Omni+0.013%103s7-day average −0.002% · you sell dearer than you buy

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

Long on Variational Omni Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.062%+$6 on $10k

Price spread, last 3 days (all we have)−0.003%$0 · spread now +0.013%, 7d avg −0.002%

Together, before fees+0.059%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MRVL	261.63	0.0026	pay 0.0026% / 8h	7h 21m	$726K	$765K	—
Short	ApeX Omni MRVLUSDT	261.66	0.0100	get 0.0013% / 1h	21m 47s	$4K	$142K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now +0.013%Rate

Funding earned: $15.49
Price spread: +0.013% → −0.002%: $1.46
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $6.95
Costs to cover: 0.100%
Break-even: 3.9 days

Slippage unknown: Variational Omni: RFQ quote, 52 min ago; ApeX Omni: live order book, 49 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 Variational Omni RFQ quote, 52 min ago	2.72 bp	doesn't fit	15.4 bp −$154	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 49 min ago	27.20 bp	38.4 bp −$38	201.1 bp −$2,011	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	−0.0006%	8h	261.17	−0.175%	$376K	$170K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	261.00	−0.238%	$314K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	261.16	−0.178%	$5.1M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.26	−0.140%	$7.1M	$22.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.14	−0.186%	$5.7M	$9.5M	50x	as long as short
SunX MRVL-USDT	0.0000%	8h	261.33	−0.113%	$1K	$6.6M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	261.14	−0.186%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	261.68	+0.020%	$132K	$45K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0013%	1h	261.24	−0.147%	$942	$52K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	260.67	−0.366%	$335K	$763K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MRVLlong	+0.0026%	8h	261.63	long leg	$726K	$765K	—
QFEX MRVL-USD	+0.0027%	1h	261.17	−0.175%	$1.1M	$4.2M	10x	as long as short
Lighter MRVL	+0.0032%	1h	261.22	−0.156%	$96K	$209K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	261.07	−0.213%	$26K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.63	+0.001%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	261.05	−0.220%	$14.8M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	261.28	−0.133%	$105K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	261.17	−0.175%	$104	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	261.07	−0.213%	$573K	$930K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0054%	8h	261.19	−0.168%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0075%	1h	261.23	−0.153%	$89K	$320K	10x	as long as short
Extended MRVL-USD	+0.0080%	1h	261.15	−0.182%	$47K	$347K	10x	as long as short
Binance MRVLUSDT	+0.0083%	8h	261.25	−0.144%	$24.3M	$114.7M	50x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.40	−0.087%	$517K	$67K	20x	as long as short
ApeX Omni MRVLUSDTshort	+0.0100%	1h	261.66	+0.013%	$4K	$142K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	261.11	−0.198%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	261.16	−0.178%	$18	—	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0114%	8h	261.56	−0.026%	$230	$204K	10x	as long as short
edgeX MRVLUSDC	+0.0165%	4h	261.53	−0.038%	$37K	$369K	10x	as long as short
Bitget MRVLUSDT	+0.0206%	8h	261.21	−0.159%	$5.5M	$16.5M	20x	as long as short
Phoenix MRVL	+0.0216%	1h	261.89	+0.101%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	264.15	+0.964%	$11K	$661	12x	as long as short