Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.045%

Price spread now: Variational Omni against Bitget−0.098%7-day average −0.020% · you buy dearer than you sell

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

Long on Bitget Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.064%+$6 on $10k

Price spread, last 4 days (all we have)−0.015%−$1 · spread now −0.098%, 7d avg −0.020%

Together, before fees+0.049%+ Points / potential airdropVariational Omni: Active · farm board+$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.077% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MRVLUSDT	256.84	0	get 0.0000% / 8h	5h 06m	$5.5M	$19.4M	20x
Short	Variational Omni MRVL	256.59	0	get 0.0000% / 8h	5h 06m	$713K	$215K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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 BitgetbpFee Variational OmnibpOrdersPrice spread, now −0.098%Rate

Funding earned: $0
Price spread: −0.098% → −0.020%: −$7.7
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$19.7
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 5 min ago; Variational Omni: RFQ quote, 41 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 Bitget live order book, 5 min ago	1.36 bp	7.4 bp −$7	12.5 bp −$125	28.6 bp −$2,858	doesn't fit
Sell Variational Omni RFQ quote, 41 min ago	2.74 bp	doesn't fit	14.5 bp −$145	doesn't fit	doesn't fit

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
Aster MRVLUSDT	0.0000%	8h	256.62	−0.086%	$303K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.68	−0.064%	$47K	$283K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.83	−0.003%	$23.5M	$120.6M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.75	−0.035%	$5.0M	$4.3M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.72	−0.047%	$6.9M	$26.4M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.83	−0.004%	$5.0M	$8.7M	50x	as long as short
Bitget MRVLUSDTlong	0.0000%	8h	256.84	long leg	$5.5M	$19.4M	20x
Variational Omni MRVLshort	0.0000%	8h	256.59	−0.098%	$713K	$215K	—
SunX MRVL-USDT	0.0000%	8h	256.77	−0.027%	$1K	$5.2M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	256.69	−0.058%	$22K	$146K	10x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRVL-USDT	0.0000%	8h	256.66	−0.070%	$132K	$49K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0005%	1h	256.46	−0.147%	$1K	$42K	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0012%	8h	256.65	−0.075%	$878	$179K	10x	as long as short
BloFin MRVL-USDT	+0.0028%	8h	256.66	−0.070%	$377K	$215K	50x	as long as short
Lighter MRVL	+0.0032%	1h	256.43	−0.160%	$104K	$182K	10x	as long as short
Injective MRVL/USDC PERP	+0.0033%	1h	256.63	−0.082%	$11K	$823	12x	as long as short
QFEX MRVL-USD	+0.0034%	1h	256.72	−0.047%	$1.2M	$3.4M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	256.42	−0.164%	$23K	$21K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.98	+0.055%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.60	−0.093%	$14.1M	$9.0M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.91	+0.027%	$77K	$128K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	256.62	−0.086%	$185	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.44	−0.156%	$544K	$865K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	256.60	−0.093%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0057%	1h	256.63	−0.081%	$87K	$275K	10x	as long as short
edgeX MRVLUSDC	+0.0068%	4h	256.65	−0.074%	$36K	$375K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	256.75	−0.035%	$506K	$286K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.58	−0.101%	$4K	$144K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.79	−0.019%	$2K	$2K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.75	−0.033%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0136%	1h	256.80	−0.016%	$320K	$427K	10x	as long as short
Phoenix MRVL	+0.0187%	1h	256.63	−0.082%	$11K	$13K	10x	as long as short