Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: SoDEX against Variational Omni−0.210%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 0.210% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.210% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$21 on $10k: about 14 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	254.68	0	get 0.0000% / 8h	6h 54m	$712K	$460K	—
Short	SoDEX MRVL-USD	254.14	0.0050	get 0.0006% / 1h	54m 04s	$163	$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 −0.210%Rate

Funding earned: $10.5
Price spread: −0.210% → 0.000%: −$21.02
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$18.52
Costs to cover: 0.080%
Break-even: 19.3 days

Slippage unknown: Variational Omni: RFQ quote, 40 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, 40 min ago	2.76 bp	doesn't fit	20.6 bp −$206	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 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	−0.0196%	8h	254.18	−0.194%	$5.4M	$18.3M	20x	as long as short
BloFin MRVL-USDT	−0.0012%	8h	254.08	−0.234%	$367K	$201K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	254.34	−0.132%	$299K	$337K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	254.17	−0.197%	$46K	$298K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	254.17	−0.198%	$23.3M	$119.0M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	253.98	−0.273%	$5.0M	$4.2M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	254.08	−0.234%	$6.8M	$25.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	254.21	−0.183%	$4.9M	$8.4M	50x	as long as short
Variational Omni MRVLlong	0.0000%	8h	254.68	long leg	$712K	$460K	—
GRVT MRVL_USDT_Perp	0.0000%	8h	254.65	−0.011%	$359	$182K	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	254.19	−0.191%	$1K	$5.6M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	254.27	−0.159%	$22K	$145K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	254.78	+0.041%	$131K	$48K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0021%	1h	254.24	−0.171%	$1K	$45K	10x	as long as short
QFEX MRVL-USD	+0.0031%	1h	254.08	−0.234%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	254.19	−0.191%	$88K	$164K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.03	−0.253%	$22K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	254.33	−0.136%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	253.93	−0.293%	$13.9M	$9.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	254.16	−0.202%	$99K	$76K	10x	as long as short
SoDEX MRVL-USDshort	+0.0050%	1h	254.14	−0.210%	$163	$15K	10x
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.55	−0.049%	$542K	$862K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	254.09	−0.231%	—	—	5x	as long as short
edgeX MRVLUSDC	+0.0061%	4h	254.46	−0.084%	$36K	$373K	10x	as long as short
Nado MRVL-PERP	+0.0086%	1h	254.16	−0.201%	$87K	$276K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	254.42	−0.100%	$503K	$160K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	254.44	−0.092%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	254.21	−0.183%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	254.11	−0.224%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0128%	1h	254.65	−0.010%	$325K	$620K	10x	as long as short
Phoenix MRVL	+0.0188%	1h	254.67	−0.002%	$11K	$13K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	256.63	+0.768%	$11K	$832	12x	as long as short