Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: Variational Omni against Vest+0.090%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

The price spread pays, funding is against you. Variational Omni is 0.090% dearer against Vest than usual: you sell high and buy low (spread +0.090% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest MRVL-USD-PERP	255.73	0.0046	pay 0.0006% / 1h	3m 19s	—	$50K	25x
Short	Variational Omni MRVL	255.96	0	get 0.0000% / 8h	3h 03m	$710K	$502K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Vest. 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 VestbpFee Variational OmnibpOrdersPrice spread, now +0.090%Rate

Funding earned: −$9.59
Price spread: +0.090% → 0.000%: $9
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$2.59
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Variational Omni: RFQ quote, 51 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 Vest no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 51 min ago	2.72 bp	doesn't fit	15.7 bp −$157	doesn't fit	doesn't fit

Vest: 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	−0.0496%	8h	255.48	−0.098%	$5.5M	$16.4M	20x	as long as short
BloFin MRVL-USDT	−0.0027%	8h	255.68	−0.020%	$367K	$175K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.55	−0.069%	$301K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.37	−0.142%	$49K	$269K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.46	−0.107%	$23.5M	$110.1M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.33	−0.156%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.38	−0.137%	$6.8M	$22.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.42	−0.121%	$5.4M	$8.3M	50x	as long as short
Variational Omni MRVLshort	0.0000%	8h	255.96	+0.090%	$710K	$502K	—
GRVT MRVL_USDT_Perp	0.0000%	8h	255.81	+0.030%	$225	$190K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	255.38	−0.137%	$1K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.39	−0.133%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.72	−0.004%	$129K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0022%	1h	255.57	−0.061%	$627	$48K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.34	−0.153%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.46	−0.106%	$88K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.48	−0.098%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERPlong	+0.0046%	1h	255.73	long leg	—	$50K	25x
tradeXYZ xyz:MRVL	+0.0050%	1h	255.32	−0.160%	$14.0M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.33	−0.156%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.37	−0.141%	$138	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.67	−0.023%	$547K	$758K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.46	−0.107%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.30	−0.168%	$321K	$633K	10x	as long as short
Nado MRVL-PERP	+0.0096%	1h	255.43	−0.119%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.74	+0.004%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.46	−0.106%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.38	−0.135%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0110%	8h	255.64	−0.035%	$505K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	255.88	+0.059%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.315%	$11K	$734	12x	as long as short
edgeX MRVLUSDC	+0.0986%	4h	255.72	−0.004%	$36K	$373K	10x	as long as short