Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.063%

Price spread now: GRVT against Polymarket Perps−0.007%7-day average −0.077% · 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−$28as in the Price arb table

costs, in and out, $10k−$350.351% of the position

Long on Polymarket Perps Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.441%−$44 on $10k

Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.007%, 7d avg −0.077%

Together, before fees−0.337%+ Points / potential airdropGRVT: Active · farm board−$34 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GRVT is 0.071% dearer against Polymarket Perps than usual: you sell high and buy low (spread −0.007% now, against its 7-day average of −0.077%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.7 days. At the pace of the last 5 days (−0.441% in total) that is about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps MRVL-USD	260.88	0.0050	pay 0.0006% / 1h	10m 43s	$104K	$79K	10x
Short	GRVT MRVL_USDT_Perp	260.86	0	get 0.0000% / 8h	5h 10m	$381	$189K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.007%Rate

Funding earned: −$10.5
Price spread: −0.007% → −0.077%: $7.07
Slippage, 4 orders: −$18.13
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$38.56
Costs to cover: 0.351%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 51 min ago; GRVT: live order book, 52 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, 51 min ago	3.27 bp	7.3 bp −$7	8.8 bp −$88	doesn't fit	doesn't fit
Sell GRVT live order book, 52 min ago	1.53 bp	8.4 bp −$8	18.2 bp −$182	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	−0.0004%	8h	260.94	+0.023%	$378K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	260.99	+0.042%	$313K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	261.01	+0.050%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.15	+0.103%	$7.0M	$22.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.10	+0.084%	$5.6M	$8.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	261.12	+0.092%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.96	+0.032%	$718K	$651K	—	as long as short
GRVT MRVL_USDT_Perpshort	0.0000%	8h	260.86	−0.007%	$381	$189K	10x
SunX MRVL-USDT	0.0000%	8h	261.01	+0.050%	$1K	$6.1M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.65	−0.088%	$131K	$42K	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX MRVLUSDC	+0.0004%	4h	260.80	−0.030%	$37K	$369K	10x	as long as short
Aftermath Perps MRVLUSD	+0.0016%	1h	260.62	−0.098%	$700	$50K	10x	as long as short
Extended MRVL-USD	+0.0024%	1h	261.04	+0.063%	$51K	$347K	10x	as long as short
QFEX MRVL-USD	+0.0026%	1h	260.96	+0.031%	$1.1M	$3.7M	10x	as long as short
Binance MRVLUSDT	+0.0026%	8h	261.15	+0.105%	$24.3M	$107.8M	50x	as long as short
Lighter MRVL	+0.0032%	1h	261.16	+0.107%	$94K	$204K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0032%	1h	259.84	−0.399%	$334K	$630K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.59	−0.111%	$26K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.23	+0.134%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.95	+0.027%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USDlong	+0.0050%	1h	260.88	long leg	$104K	$79K	10x
SoDEX MRVL-USD	+0.0050%	1h	261.02	+0.054%	$136	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.76	−0.046%	$576K	$694K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	261.06	+0.070%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.01	+0.050%	$515K	$61K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.76	−0.046%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	261.03	+0.057%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	261.03	+0.057%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0117%	1h	260.85	−0.013%	$89K	$275K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0133%	1h	261.03	+0.057%	$23K	$143K	10x	as long as short
Phoenix MRVL	+0.0215%	1h	260.90	+0.008%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.39	+0.962%	$11K	$693	12x	as long as short