Funding you earn now, next payment 22:00 UTC−0.0114%/8h= −12.5% APRpaid last 24h −0.090%
Price spread now: Binance against Polymarket Perps−0.028%7-day average −0.061% · 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−$29as in the Price arb table
costs, in and out, $10k−$320.324% of the position
Funding, last 5 days (all we have)−0.441%−$44 on $10k
+Price spread, last 2 days (all we have)−0.040%−$4 · spread now −0.028%, 7d avg −0.061%
=The price spread pays, funding is against you. Binance is 0.033% dearer against Polymarket Perps than usual: you sell high and buy low (spread −0.028% now, against its 7-day average of −0.061%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 5 days (−0.441% in total) that is about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps MRVL-USD | 257.44 | 0.0114 | pay 0.0014% / 1h | 8m 28s | $106K | $64K | 10x |
| Short | Binance MRVLUSDT | 257.37 | 0 | get 0.0000% / 8h | 2h 08m | $24.1M | $115.2M | 50x |
Polymarket Perps MRVL-USD
Binance MRVLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Polymarket Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$23.89
- Price spread: −0.028% → −0.061%
- $3.3
- Slippage, 4 orders
- −$14.42
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$53.01
- Costs to cover
- 0.324%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 13 min ago; Binance: live order book, 5 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 Polymarket Perps live order book, 13 min ago | 2.72 bp | 6.7 bp −$7 | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.39 bp | 7.7 bp −$8 | 16.7 bp −$167 | 58.2 bp −$5,823 | 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 | 257.16 | −0.109% | $376K | $172K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 257.18 | −0.100% | $310K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 257.33 | −0.042% | $44K | $190K | 10x | as long as short |
| Binance MRVLUSDTshort | 0.0000% | 8h | 257.37 | −0.028% | $24.1M | $115.2M | 50x | |
| Bybit MRVLUSDT | 0.0000% | 8h | 257.22 | −0.085% | $5.1M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 257.23 | −0.082% | $7.1M | $22.6M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 257.41 | −0.012% | $5.5M | $9.9M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 257.36 | −0.031% | $5.6M | $16.4M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 257.17 | −0.103% | $710K | $760K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 257.26 | −0.070% | $399 | $249K | 10x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 257.35 | −0.035% | $2K | $7.0M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 257.20 | −0.093% | $22K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 257.07 | −0.144% | $130K | $81K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0014% | 1h | 257.11 | −0.128% | $655 | $55K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 257.29 | −0.058% | $91K | $219K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 256.99 | −0.175% | $25K | $30K | 5x | as long as short |
| QFEX MRVL-USD | +0.0043% | 1h | 257.28 | −0.062% | $1.1M | $4.2M | 10x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 257.41 | −0.012% | — | $41K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 257.17 | −0.105% | $14.5M | $9.8M | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 257.32 | −0.047% | $273 | $14K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 257.19 | −0.097% | $584K | $939K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0058% | 8h | 257.26 | −0.070% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 257.13 | −0.120% | $509K | $72K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 257.15 | −0.113% | $4K | $143K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 257.29 | −0.058% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 257.23 | −0.080% | $18 | — | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0112% | 1h | 257.13 | −0.120% | $317K | $890K | 10x | as long as short |
| Polymarket Perps MRVL-USDlong | +0.0114% | 1h | 257.44 | long leg | $106K | $64K | 10x | |
| Phoenix MRVL | +0.0156% | 1h | 257.24 | −0.078% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 259.72 | +0.886% | $11K | $609 | 12x | as long as short |
| Nado MRVL-PERP | +0.0410% | 1h | 257.08 | −0.140% | $509K | $66K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0849% | 4h | 257.19 | −0.098% | $36K | $367K | 10x | as long as short |
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
Arcus MRVL-USD
QFEX MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Coinbase International MRVL-PERP-INTX
Phoenix MRVL
Injective MRVL/USDC PERP
Nado MRVL-PERP
edgeX MRVLUSDC