Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.100%

Price spread now: Polymarket Perps against Aster−0.115%7-day average +0.100% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$570.573% of the position

Long on Aster Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.486%+$49 on $10k

Price spread, last 3 days (all we have)+0.180%+$18 · spread now −0.115%, 7d avg +0.100%

Together, before fees+0.666%+ Points / potential airdropAster: Stage 5 · farm board+$67 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.216% cheaper against Aster than usual: you would sell low and buy high (spread −0.115% now, against its 7-day average of +0.100%). If the spread goes back, that is −$22 on $10k: about 14 days of funding at the current rate (+$2 a day). At the pace of the last 5 days (+0.486% in total) that is about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MRVLUSDT	260.04	0	get 0.0000% / 8h	7h 56m	$314K	$328K	50x
Short	Polymarket Perps MRVL-USD	259.74	0.0050	get 0.0006% / 1h	56m 08s	$104K	$86K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Aster. 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 AsterbpFee Polymarket PerpsbpOrdersPrice spread, now −0.115%Rate

Funding earned: $10.5
Price spread: −0.115% → +0.100%: −$21.57
Slippage, 4 orders: −$41.33
Fee Aster: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$68.39
Costs to cover: 0.573%
Break-even: 52.6 days

Slippage from Aster: live order book, 16 min ago; Polymarket Perps: live order book, 15 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 Aster live order book, 16 min ago	2.89 bp	20.3 bp −$20	903.7 bp −$9,037	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 15 min ago	3.47 bp	8.3 bp −$8	11.0 bp −$110	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
Nado MRVL-PERP	−0.0075%	1h	259.97	−0.026%	$88K	$316K	10x	as long as short
BloFin MRVL-USDT	−0.0019%	8h	259.77	−0.104%	$374K	$169K	50x	as long as short
Aster MRVLUSDTlong	0.0000%	8h	260.04	long leg	$314K	$328K	50x
Bybit MRVLUSDT	0.0000%	8h	260.19	+0.058%	$5.1M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.32	+0.108%	$7.1M	$22.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.25	+0.081%	$5.7M	$9.3M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.17	+0.050%	$5.6M	$16.5M	20x	as long as short
SunX MRVL-USDT	0.0000%	8h	259.92	−0.046%	$2K	$6.8M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.84	−0.077%	$131K	$51K	50x	as long as short
Variational Omni MRVL	+0.0005%	8h	260.00	−0.015%	$723K	$765K	—	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	259.50	−0.207%	$881	$52K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	258.35	−0.650%	$319K	$765K	10x	as long as short
QFEX MRVL-USD	+0.0027%	1h	259.88	−0.061%	$1.1M	$4.3M	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.17	+0.050%	$95K	$209K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.41	−0.242%	$26K	$28K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.32	+0.108%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.67	−0.142%	$14.6M	$9.2M	10x	as long as short
Polymarket Perps MRVL-USDshort	+0.0050%	1h	259.74	−0.115%	$104K	$86K	10x
SoDEX MRVL-USD	+0.0050%	1h	259.84	−0.077%	$146	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.20	−0.323%	$578K	$932K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0057%	8h	260.04	0.000%	—	—	5x	as long as short
Binance MRVLUSDT	+0.0060%	8h	260.34	+0.115%	$24.2M	$115.1M	50x	as long as short
Extended MRVL-USD	+0.0064%	1h	260.08	+0.017%	$49K	$204K	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0068%	8h	259.72	−0.123%	$686	$223K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	259.79	−0.096%	$515K	$70K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	259.44	−0.231%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.12	+0.031%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.95	−0.033%	$18	—	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0173%	1h	260.10	+0.023%	$23K	$143K	10x	as long as short
Phoenix MRVL	+0.0217%	1h	259.65	−0.150%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	262.42	+0.915%	$11K	$635	12x	as long as short
edgeX MRVLUSDC	+0.0468%	4h	259.62	−0.160%	$36K	$367K	10x	as long as short