Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0100%/8hpaid last 24h −0.002%

Price spread now: ApeX Omni against Variational Omni−0.013%7-day average +0.005% · you buy dearer than you sell

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

Long on Variational Omni Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.056%+$6 on $10k

Price spread, last 3 days (all we have)−0.044%−$4 · spread now −0.013%, 7d avg +0.005%

Together, before fees+0.012%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MRVL	260.13	0	get 0.0000% / 8h	4h 22m	$721K	$757K	—
Short	ApeX Omni MRVLUSDT	260.10	0.0100	get 0.0013% / 1h	22m 57s	$4K	$143K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now −0.013%Rate

Funding earned: $21
Price spread: −0.013% → +0.005%: −$1.75
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $9.25
Costs to cover: 0.100%
Break-even: 3.9 days

Slippage unknown: Variational Omni: RFQ quote, 10 min ago; ApeX Omni: live order book, 7 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 Variational Omni RFQ quote, 10 min ago	2.74 bp	doesn't fit	16.0 bp −$160	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 7 min ago	25.62 bp	36.1 bp −$36	201.3 bp −$2,013	doesn't fit	doesn't fit

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
Aster MRVLUSDT	0.0000%	8h	260.52	+0.150%	$318K	$320K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	260.50	+0.139%	$45K	$190K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	260.56	+0.162%	$24.7M	$110.1M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.46	+0.125%	$5.2M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.44	+0.118%	$7.3M	$22.2M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.51	+0.145%	$5.6M	$9.5M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.50	+0.141%	$5.7M	$15.3M	20x	as long as short
Variational Omni MRVLlong	0.0000%	8h	260.13	long leg	$721K	$757K	—
GRVT MRVL_USDT_Perp	0.0000%	8h	260.31	+0.067%	$544	$238K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.46	+0.125%	$1K	$7.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	260.48	+0.133%	$19K	$135K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.21	+0.029%	$130K	$76K	50x	as long as short
BloFin MRVL-USDT	+0.0013%	8h	260.53	+0.152%	$392K	$168K	50x	as long as short
QFEX MRVL-USD	+0.0016%	1h	260.32	+0.072%	$1.2M	$3.9M	10x	as long as short
Aftermath Perps MRVLUSD	+0.0032%	1h	259.96	−0.068%	$603	$55K	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.56	+0.164%	$106K	$225K	10x	as long as short
tradeXYZ xyz:MRVL	+0.0033%	1h	260.48	+0.133%	$14.2M	$9.0M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.14	+0.002%	$25K	$30K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.82	+0.264%	—	$38K	25x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.54	+0.156%	$31	$14K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0050%	8h	260.27	+0.052%	—	—	5x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.08	−0.021%	$588K	$928K	10x	as long as short
Polymarket Perps MRVL-USD	+0.0071%	1h	260.54	+0.156%	$107K	$64K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0080%	1h	260.49	+0.137%	$324K	$879K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.48	+0.133%	$518K	$69K	20x	as long as short
ApeX Omni MRVLUSDTshort	+0.0100%	1h	260.10	−0.013%	$4K	$143K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.49	+0.137%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.44	+0.119%	$18	—	10x	as long as short
Phoenix MRVL	+0.0123%	1h	259.78	−0.136%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	262.55	+0.929%	$11K	$567	12x	as long as short
Nado MRVL-PERP	+0.0342%	1h	260.29	+0.061%	$515K	$69K	10x	as long as short
edgeX MRVLUSDC	+0.0920%	4h	260.29	+0.061%	$36K	$365K	10x	as long as short