MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0127%/8h= +13.9% APRnext payment +$0.16 per $10,000 · paid last 24h +0.095%

Price spread now: Polymarket Perps against Extended+0.048%7-day average +0.113% · 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−$41as in the Price arb table

costs, in and out, $10k−$350.346% of the position

Long on Extended Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.445%+$45 on $10k

Price spread, last 3 days (all we have)+0.004%$0 · spread now +0.048%, 7d avg +0.113%

Together, before fees+0.450%+ Points / potential airdropExtended: Active · farm board+$45 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.065% cheaper against Extended than usual: you would sell low and buy high (spread +0.048% now, against its 7-day average of +0.113%). If the spread goes back, that is −$7 on $10k: about 41 hours of funding at the current rate (+$4 a day). At the pace of the last 5 days (+0.445% in total) that is about 18 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MRVL-USD	257.37	0	get 0.0000% / 1h	3m 25s	$44K	$190K	10x
Short	Polymarket Perps MRVL-USD	257.49	0.0127	get 0.0016% / 1h	3m 25s	$106K	$64K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Extended. 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 ExtendedbpFee Polymarket PerpsbpOrdersPrice spread, now +0.048%Rate

Funding earned: $26.73
Price spread: +0.048% → +0.113%: −$6.54
Slippage, 4 orders: −$21.56
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$14.37
Costs to cover: 0.346%
Break-even: 10.8 days

Slippage from Extended: live order book, 18 min ago; Polymarket Perps: live order book, 18 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 Extended live order book, 18 min ago	2.33 bp	9.2 bp −$9	57.1 bp −$571	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 18 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	−0.0023%	8h	257.27	−0.038%	$376K	$172K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	257.25	−0.047%	$310K	$331K	50x	as long as short
Extended MRVL-USDlong	0.0000%	1h	257.37	long leg	$44K	$190K	10x
Binance MRVLUSDT	0.0000%	8h	257.40	+0.011%	$24.1M	$115.2M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	257.22	−0.057%	$5.1M	$4.2M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	257.30	−0.026%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	257.42	+0.020%	$5.5M	$10.0M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	257.31	−0.022%	$5.6M	$16.4M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	257.38	+0.004%	$710K	$760K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	257.34	−0.011%	$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	257.41	+0.016%	$1K	$7.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	257.26	−0.042%	$22K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	257.25	−0.046%	$130K	$81K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0015%	1h	257.23	−0.052%	$597	$54K	10x	as long as short
Lighter MRVL	+0.0032%	1h	257.40	+0.013%	$91K	$219K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	257.06	−0.120%	$25K	$30K	5x	as long as short
QFEX MRVL-USD	+0.0043%	1h	257.33	−0.015%	$1.1M	$4.2M	10x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	257.47	+0.040%	—	$41K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	257.21	−0.061%	$14.5M	$9.8M	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	257.36	−0.003%	$257	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	257.23	−0.053%	$585K	$939K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0062%	8h	257.29	−0.032%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	257.19	−0.069%	$509K	$72K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	257.15	−0.085%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	257.39	+0.009%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	257.35	−0.006%	$18	—	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0112%	1h	257.13	−0.092%	$317K	$890K	10x	as long as short
Polymarket Perps MRVL-USDshort	+0.0127%	1h	257.49	+0.048%	$106K	$64K	10x
Phoenix MRVL	+0.0156%	1h	257.24	−0.050%	$11K	$12K	10x	as long as short
edgeX MRVLUSDC	+0.0188%	4h	257.34	−0.009%	$36K	$368K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	259.72	+0.914%	$11K	$609	12x	as long as short
Nado MRVL-PERP	+0.0407%	1h	257.15	−0.083%	$509K	$66K	10x	as long as short