Funding you earn now, next payment 11:00 UTC−0.0430%/8h= −47.0% APRnext payment −$0.54 per $10,000 · paid last 24h −0.016%
Price spread now: Deribit against Polymarket Perps−0.175%7-day average — · 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−$52as in the Price arb table
costs, in and out, $10k−$340.345% of the position
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Deribit is 0.175% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps MRVL-USD | 256.60 | 0.0430 | pay 0.0054% / 1h | 55m 48s | $108K | $88K | 10x |
| Short | Deribit MRVL_USDC-PERPETUAL | 256.15 | 0 | get 0.0000% / 1h | 55m 48s | $22K | $145K | 10x |
Polymarket Perps MRVL-USD
Deribit MRVL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$90.2
- Price spread: −0.175% → 0.000%
- −$17.54
- Slippage, 4 orders
- −$19.49
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$142.23
- Costs to cover
- 0.345%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, just now; Deribit: live order book, 55 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, just now | 2.53 bp | 7.3 bp −$7 | 10.5 bp −$105 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 55 min ago | 6.70 bp | 10.2 bp −$10 | 12.3 bp −$123 | doesn't fit | doesn't fit |
MRVL on 32 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRVLUSDT | 0.0000% | 8h | 256.26 | −0.132% | $302K | $339K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 256.21 | −0.153% | $46K | $300K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 256.33 | −0.107% | $23.5M | $119.7M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 256.23 | −0.144% | $4.9M | $4.2M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 256.37 | −0.090% | $7.0M | $26.0M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 256.33 | −0.105% | $5.0M | $8.6M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 256.34 | −0.101% | $5.5M | $19.1M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 256.29 | −0.119% | $711K | $209K | — | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 256.39 | −0.082% | $1K | $5.3M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUALshort | 0.0000% | 1h | 256.15 | −0.175% | $22K | $145K | 10x |
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
SunX MRVL-USDTShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRVL-USDT | 0.0000% | 8h | 256.35 | −0.097% | $132K | $48K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0006% | 8h | 256.18 | −0.164% | $372K | $212K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0016% | 1h | 255.98 | −0.242% | $1K | $43K | 10x | as long as short |
| Nado MRVL-PERP | +0.0022% | 1h | 256.27 | −0.129% | $87K | $276K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 256.13 | −0.183% | $104K | $176K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0033% | 1h | 256.63 | +0.012% | $11K | $823 | 12x | as long as short |
| QFEX MRVL-USD | +0.0034% | 1h | 256.21 | −0.152% | $1.1M | $3.5M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 254.86 | −0.678% | $22K | $22K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 256.49 | −0.043% | — | $46K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 256.11 | −0.191% | $14.1M | $9.5M | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 256.24 | −0.140% | $195 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.91 | −0.269% | $542K | $858K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0055% | 8h | 256.22 | −0.146% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 256.28 | −0.125% | $507K | $228K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 256.17 | −0.168% | $4K | $144K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 256.26 | −0.133% | $2K | $2K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 256.27 | −0.129% | $18 | — | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0136% | 1h | 256.09 | −0.199% | $317K | $445K | 10x | as long as short |
| Phoenix MRVL | +0.0157% | 1h | 256.33 | −0.105% | $11K | $13K | 10x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0249% | 8h | 256.20 | −0.157% | $213 | $180K | 10x | as long as short |
| Polymarket Perps MRVL-USDlong | +0.0430% | 1h | 256.60 | long leg | $108K | $88K | 10x | |
| edgeX MRVLUSDC | +0.0977% | 4h | 256.18 | −0.162% | $36K | $376K | 10x | as long as short |
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Nado MRVL-PERP
Lighter MRVL
Injective MRVL/USDC PERP
QFEX MRVL-USD
Arcus 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
GRVT MRVL_USDT_Perp
edgeX MRVLUSDC