MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.063%

Price spread now: Polymarket Perps against Coinbase International+0.128%47s7-day average +0.042% · 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—prices read too far apart to compare

costs, in and out, $10k−$340.335% of the position

Long on Coinbase International Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.163%+$16 on $10k

Price spread, last 3 days (all we have)−0.141%−$14 · spread now +0.128%, 7d avg +0.042%

Together, before fees+0.022%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Polymarket Perps is 0.086% dearer against Coinbase International than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.042%. The two prices were read 47 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	Coinbase International MRVL-PERP-INTX	257.13	0.0112	pay 0.0014% / 1h	5m 22s	$317K	$890K	10x
Short	Polymarket Perps MRVL-USD	257.46	0.0125	get 0.0016% / 1h	5m 22s	$106K	$64K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Coinbase International. 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 Coinbase InternationalbpFee Polymarket PerpsbpOrdersPrice spread, now +0.128%Rate

Funding earned: $2.67
Price spread: +0.128% → +0.042%: $8.59
Slippage, 4 orders: −$15.51
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$22.24
Costs to cover: 0.335%
Break-even: 65.3 days

Slippage from Coinbase International: live order book, 18 min ago; Polymarket Perps: live order book, 16 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 Coinbase International live order book, 18 min ago	3.11 bp	8.1 bp −$8	12.6 bp −$126	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 16 min ago	2.72 bp	9.8 bp −$10	10.8 bp −$108	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	−0.0008%	8h	257.27	+0.054%	$376K	$172K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	257.27	+0.053%	$310K	$331K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	257.38	+0.096%	$44K	$190K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	257.32	+0.074%	$24.1M	$115.2M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	257.24	+0.043%	$5.1M	$4.2M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	257.27	+0.054%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	257.35	+0.086%	$5.5M	$10.0M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	257.31	+0.070%	$5.6M	$16.4M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	257.38	+0.097%	$710K	$760K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	257.34	+0.082%	$394	$249K	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	257.30	+0.066%	$1K	$7.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	257.24	+0.043%	$22K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	257.25	+0.047%	$130K	$81K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0015%	1h	257.19	+0.024%	$597	$54K	10x	as long as short
Lighter MRVL	+0.0032%	1h	257.46	+0.128%	$91K	$219K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	257.07	−0.023%	$25K	$30K	5x	as long as short
QFEX MRVL-USD	+0.0043%	1h	257.34	+0.082%	$1.1M	$4.2M	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	257.51	+0.148%	—	$41K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	257.20	+0.027%	$14.5M	$9.8M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	257.36	+0.089%	$263	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	257.19	+0.023%	$585K	$939K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0062%	8h	257.26	+0.049%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	257.18	+0.019%	$509K	$72K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	257.10	−0.012%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	257.39	+0.101%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	257.37	+0.092%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTXlong	+0.0112%	1h	257.13	long leg	$317K	$890K	10x
Polymarket Perps MRVL-USDshort	+0.0125%	1h	257.46	+0.128%	$106K	$64K	10x
Phoenix MRVL	+0.0156%	1h	257.24	+0.043%	$11K	$12K	10x	as long as short
edgeX MRVLUSDC	+0.0197%	4h	257.36	+0.088%	$36K	$367K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	259.72	+1.007%	$11K	$609	12x	as long as short
Nado MRVL-PERP	+0.0409%	1h	257.16	+0.010%	$509K	$66K	10x	as long as short