Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.53 per $10,000 · paid last 24h —

Price spread now: Paradex against Variational Omni−0.148%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 Paradex

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 airdropVariational Omni: Active · Paradex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.148% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.148% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 9.2 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MRVL	256.64	0	get 0.0000% / 8h	5h 44m	$713K	$215K	—
Short	Paradex MRVL-USD-PERP	256.26	0.0053	get 0.0053% / 8h	5h 44m	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.148%Rate

Funding earned: $11.21
Price spread: −0.148% → 0.000%: −$14.77
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$7.56
Costs to cover: 0.040%
Break-even: 11.7 days

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Paradex: 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, 3 min ago	2.74 bp	doesn't fit	28.3 bp −$283	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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 exchanges

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	−0.0018%	8h	256.53	−0.043%	$377K	$215K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.46	−0.072%	$302K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.43	−0.083%	$46K	$289K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.51	−0.051%	$23.5M	$120.3M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.44	−0.078%	$4.9M	$4.2M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.48	−0.062%	$7.0M	$26.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.45	−0.074%	$5.0M	$8.6M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	256.57	−0.027%	$5.5M	$19.3M	20x	as long as short
Variational Omni MRVLlong	0.0000%	8h	256.64	long leg	$713K	$215K	—
SunX MRVL-USDT	0.0000%	8h	256.50	−0.054%	$1K	$5.3M	10x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	256.42	−0.086%	$22K	$145K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	256.43	−0.082%	$132K	$49K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	256.61	−0.013%	$1K	$42K	10x	as long as short
tradeXYZ xyz:MRVL	+0.0026%	1h	256.33	−0.121%	$14.1M	$9.5M	10x	as long as short
Nado MRVL-PERP	+0.0032%	1h	256.36	−0.109%	$87K	$275K	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.14	−0.195%	$104K	$181K	10x	as long as short
Injective MRVL/USDC PERP	+0.0033%	1h	256.63	−0.004%	$11K	$823	12x	as long as short
QFEX MRVL-USD	+0.0034%	1h	256.34	−0.117%	$1.2M	$3.5M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.20	−0.171%	$22K	$23K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.78	+0.055%	—	$46K	25x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.49	−0.058%	$98K	$104K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	256.41	−0.089%	$185	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.25	−0.152%	$545K	$863K	10x	as long as short
Paradex MRVL-USD-PERPshort	+0.0053%	8h	256.26	−0.148%	—	—	5x
KuCoin MRVLUSDTM	+0.0100%	8h	256.55	−0.035%	$507K	$242K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.88	+0.094%	$4K	$144K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.50	−0.054%	$2K	$2K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.44	−0.077%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0136%	1h	256.34	−0.117%	$317K	$445K	10x	as long as short
edgeX MRVLUSDC	+0.0143%	4h	256.90	+0.101%	$36K	$376K	10x	as long as short
Phoenix MRVL	+0.0187%	1h	257.18	+0.211%	$11K	$13K	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0212%	8h	257.02	+0.148%	$224	$177K	10x	as long as short