Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0435%/8h= +47.7% APRpaid last 24h −0.111%

Price spread now: edgeX against Polymarket Perps+0.031%7-day average −0.089% · 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−$22as in the Price arb table

costs, in and out, $10k−$340.345% of the position

Long on Polymarket Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.622%−$62 on $10k

Price spread, last 4 days (all we have)−0.125%−$13 · spread now +0.031%, 7d avg −0.089%

Together, before fees−0.748%+ Points / potential airdropedgeX: Active · farm board−$75 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and edgeX is 0.120% dearer against Polymarket Perps than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.089%. Mind the row above: over the last 5 days funding on this pair cost −0.622%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps MRVL-USD	260.21	0.0050	pay 0.0006% / 1h	40m 47s	$104K	$79K	10x
Short	edgeX MRVLUSDC	260.29	0.0485	get 0.0243% / 4h	2h 40m	$37K	$369K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 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 Polymarket PerpsbpFee edgeXbpOrdersPrice spread, now +0.031%Rate

Funding earned: $91.43
Price spread: +0.031% → −0.089%: $12.03
Slippage, 4 orders: −$17.48
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $68.98
Costs to cover: 0.345%
Break-even: 1.7 days

Slippage from Polymarket Perps: live order book, 26 min ago; edgeX: live order book, 28 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, 26 min ago	3.06 bp	7.1 bp −$7	8.7 bp −$87	doesn't fit	doesn't fit
Sell edgeX live order book, 28 min ago	5.36 bp	10.1 bp −$10	14.5 bp −$145	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	260.60	+0.150%	$378K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	260.24	+0.013%	$312K	$329K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.01	−0.077%	$5.1M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.01	−0.077%	$7.0M	$22.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.15	−0.023%	$5.6M	$8.7M	50x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.32	+0.042%	$1K	$6.5M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.01	−0.077%	$131K	$41K	50x	as long as short
GRVT MRVL_USDT_Perp	+0.0008%	8h	260.35	+0.053%	$1K	$196K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0008%	1h	260.67	+0.177%	$335K	$650K	10x	as long as short
Aftermath Perps MRVLUSD	+0.0013%	1h	260.26	+0.020%	$884	$51K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX MRVL-USD	+0.0023%	1h	260.22	+0.004%	$1.1M	$3.9M	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.10	−0.042%	$95K	$205K	10x	as long as short
Variational Omni MRVL	+0.0038%	8h	260.25	+0.015%	$722K	$655K	—	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.09	−0.046%	$25K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.52	+0.119%	—	$43K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.98	−0.088%	$14.7M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USDlong	+0.0050%	1h	260.21	long leg	$104K	$79K	10x
SoDEX MRVL-USD	+0.0050%	1h	260.19	−0.008%	$78	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.12	−0.035%	$567K	$715K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	260.13	−0.032%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0084%	1h	260.06	−0.056%	$89K	$319K	10x	as long as short
Binance MRVLUSDT	+0.0093%	8h	260.07	−0.055%	$24.1M	$110.9M	50x	as long as short
Bitget MRVLUSDT	+0.0094%	8h	260.18	−0.012%	$5.6M	$16.3M	20x	as long as short
Extended MRVL-USD	+0.0096%	1h	260.20	−0.005%	$47K	$347K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.34	+0.050%	$514K	$64K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.14	−0.027%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.20	−0.004%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.19	−0.009%	$18	—	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0135%	1h	260.15	−0.023%	$23K	$143K	10x	as long as short
Phoenix MRVL	+0.0153%	1h	260.69	+0.184%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.37	+1.214%	$11K	$676	12x	as long as short
edgeX MRVLUSDCshort	+0.0485%	4h	260.29	+0.031%	$37K	$369K	10x