Funding you earn now, next payment 07:00 UTC−0.0125%/8h= −13.7% APRpaid last 24h −0.049%
Price spread now: Variational Omni against Phoenix+0.004%69s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 69 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 | Phoenix MRVL | 255.15 | 0.0125 | pay 0.0016% / 1h | 4m 28s | $11K | $12K | 10x |
| Short | Variational Omni MRVL | 255.16 | 0 | get 0.0000% / 8h | 4m 28s | $715K | $468K | — |
Phoenix MRVL
Variational Omni MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Phoenix. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$26.3
- Price spread: +0.004% → 0.000%
- $0.41
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$32.88
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Phoenix: no order-book sample; Variational Omni: RFQ quote, 35 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 35 min ago | 2.74 bp | doesn't fit | 20.2 bp −$202 | doesn't fit | doesn't fit |
Phoenix: 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 | −0.0509% | 8h | 255.39 | +0.094% | $5.5M | $17.2M | 20x | as long as short |
| Coinbase International MRVL-PERP-INTX | −0.0008% | 1h | 255.27 | +0.047% | $335K | $652K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.21 | +0.024% | $301K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.20 | +0.021% | $50K | $303K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 255.32 | +0.067% | $23.5M | $113.7M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.21 | +0.024% | $5.0M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.25 | +0.039% | $6.8M | $24.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.32 | +0.067% | $5.1M | $8.7M | 50x | as long as short |
| Variational Omni MRVLshort | 0.0000% | 8h | 255.16 | +0.004% | $715K | $468K | — | |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 255.14 | −0.004% | $388 | $188K | 10x | as long as short |
Bitget MRVLUSDT
Coinbase International MRVL-PERP-INTX
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
GRVT MRVL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 255.23 | +0.031% | $1K | $5.9M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 255.13 | −0.008% | $22K | $145K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.12 | −0.012% | $131K | $47K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0007% | 8h | 255.16 | +0.004% | $366K | $189K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0016% | 1h | 255.20 | +0.022% | $646 | $46K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 255.20 | +0.020% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 255.15 | 0.000% | $88K | $167K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 254.99 | −0.063% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.51 | +0.141% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 255.17 | +0.008% | $14.1M | $9.1M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 255.15 | 0.000% | $99K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.15 | 0.000% | $148 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.01 | −0.055% | $539K | $847K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 255.13 | −0.007% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0057% | 1h | 255.10 | −0.021% | $87K | $272K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 255.16 | +0.004% | $504K | $78K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 255.16 | +0.004% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.24 | +0.035% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.20 | +0.018% | $18 | — | 10x | as long as short |
| Phoenix MRVLlong | +0.0125% | 1h | 255.15 | long leg | $11K | $12K | 10x | |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.02 | +1.125% | $11K | $827 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0298% | 4h | 255.15 | +0.002% | $36K | $374K | 10x | as long as short |
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Nado MRVL-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Injective MRVL/USDC PERP
edgeX MRVLUSDC