MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.039%

Price spread now: Polymarket Perps against ApeX Omni+0.050%7-day average +0.095% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$890.889% of the position

Long on ApeX Omni Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.331%+$33 on $10k

Price spread, last 4 days (all we have)+0.190%+$19 · spread now +0.050%, 7d avg +0.095%

Together, before fees+0.521%+$52 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Polymarket Perps is 0.045% cheaper against ApeX Omni than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.095%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.331%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MRVLUSDT	261.01	0.0100	pay 0.0013% / 1h	5m 15s	$4K	$141K	50x
Short	Polymarket Perps MRVL-USD	261.14	0.0050	get 0.0006% / 1h	5m 15s	$105K	$79K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against ApeX 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 ApeX OmnibpFee Polymarket PerpsbpOrdersPrice spread, now +0.050%Rate

Funding earned: −$10.5
Price spread: +0.050% → +0.095%: −$4.52
Slippage, 4 orders: −$70.88
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$103.9
Costs to cover: 0.889%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 55 min ago; Polymarket Perps: live order book, 56 min ago.

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 ApeX Omni live order book, 55 min ago	23.05 bp	38.5 bp −$39	195.2 bp −$1,952	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 56 min ago	3.27 bp	8.4 bp −$8	10.2 bp −$102	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
BloFin MRVL-USDT	−0.0022%	8h	261.26	+0.096%	$375K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	261.11	+0.039%	$314K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	261.20	+0.073%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.27	+0.100%	$7.0M	$22.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.29	+0.107%	$5.6M	$8.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	261.30	+0.111%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	261.17	+0.063%	$719K	$650K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	261.09	+0.032%	$381	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	261.28	+0.103%	$1K	$6.1M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.87	−0.054%	$132K	$42K	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0017%	1h	261.04	+0.012%	$672	$50K	10x	as long as short
Extended MRVL-USD	+0.0024%	1h	261.24	+0.088%	$47K	$351K	10x	as long as short
QFEX MRVL-USD	+0.0026%	1h	261.21	+0.077%	$1.1M	$3.6M	10x	as long as short
Binance MRVLUSDT	+0.0026%	8h	261.31	+0.115%	$24.3M	$107.7M	50x	as long as short
Lighter MRVL	+0.0032%	1h	261.31	+0.115%	$94K	$206K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0032%	1h	259.84	−0.448%	$334K	$630K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.89	−0.046%	$26K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.58	+0.218%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	261.08	+0.027%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USDshort	+0.0050%	1h	261.14	+0.050%	$105K	$79K	10x
SoDEX MRVL-USD	+0.0050%	1h	261.27	+0.100%	$152	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.97	−0.015%	$577K	$694K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	261.18	+0.066%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.16	+0.057%	$516K	$61K	20x	as long as short
ApeX Omni MRVLUSDTlong	+0.0100%	1h	261.01	long leg	$4K	$141K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	261.24	+0.088%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	261.22	+0.080%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0123%	1h	261.08	+0.026%	$89K	$275K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0210%	1h	261.17	+0.061%	$23K	$144K	10x	as long as short
Phoenix MRVL	+0.0215%	1h	261.18	+0.065%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.39	+0.912%	$11K	$693	12x	as long as short
edgeX MRVLUSDC	+0.0242%	4h	261.23	+0.085%	$37K	$371K	10x	as long as short