Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.019%

Price spread now: SoDEX against Variational Omni−0.089%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 SoDEX

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. SoDEX is 0.089% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.089% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 6.0 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 43m	$713K	$215K	—
Short	SoDEX MRVL-USD	256.41	0.0050	get 0.0006% / 1h	43m 32s	$185	$15K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.089%Rate

Funding earned: $10.5
Price spread: −0.089% → 0.000%: −$8.94
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$6.44
Costs to cover: 0.080%
Break-even: 11.3 days

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; SoDEX: 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, 4 min ago	2.74 bp	doesn't fit	28.3 bp −$283	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	−0.071%	$302K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.44	−0.078%	$46K	$289K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.51	−0.049%	$23.5M	$120.3M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.47	−0.066%	$4.9M	$4.2M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.51	−0.050%	$7.0M	$26.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.54	−0.039%	$5.0M	$8.6M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	256.51	−0.050%	$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	+0.0030%	1h	256.30	−0.132%	$14.1M	$9.5M	10x	as long as short
Nado MRVL-PERP	+0.0032%	1h	256.39	−0.097%	$87K	$275K	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.16	−0.187%	$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	256.45	−0.074%	$1.2M	$3.5M	10x	as long as short
edgeX MRVLUSDC	+0.0036%	4h	256.47	−0.065%	$36K	$377K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.23	−0.160%	$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-USDshort	+0.0050%	1h	256.41	−0.089%	$185	$15K	10x
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.25	−0.152%	$545K	$863K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	256.30	−0.134%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	256.58	−0.023%	$506K	$243K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.60	−0.015%	$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
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