Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.053%

Price spread now: Orderly against Polymarket Perps−0.042%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Orderly

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Orderly is 0.042% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.8 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps MRVL-USD	261.28	0.0050	pay 0.0006% / 1h	31m 09s	$105K	$86K	10x
Short	Orderly PERP_MRVL_USDC_mythos	261.17	0.0100	get 0.0100% / 8h	7h 31m	$2K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.042%Rate

Funding earned: $10.5
Price spread: −0.042% → 0.000%: −$4.21
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$7.71
Costs to cover: 0.140%
Break-even: 12.1 days

Slippage unknown: Polymarket Perps: live order book, 40 min ago; Orderly: no order-book sample. Net counts fees only.

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, 40 min ago	3.47 bp	7.5 bp −$7	8.8 bp −$88	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Aster MRVLUSDT	0.0000%	8h	261.09	−0.071%	$314K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	261.15	−0.050%	$5.1M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.21	−0.027%	$7.1M	$22.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.18	−0.038%	$5.6M	$9.5M	50x	as long as short
SunX MRVL-USDT	0.0000%	8h	261.28	0.000%	$1K	$6.7M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	261.19	−0.034%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	261.03	−0.096%	$132K	$51K	50x	as long as short
GRVT MRVL_USDT_Perp	+0.0007%	8h	260.63	−0.249%	$279	$206K	10x	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	260.85	−0.164%	$886	$52K	10x	as long as short
Variational Omni MRVL	+0.0015%	8h	261.26	−0.006%	$725K	$766K	—	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	260.67	−0.233%	$335K	$789K	10x	as long as short
QFEX MRVL-USD	+0.0027%	1h	261.20	−0.031%	$1.1M	$4.2M	10x	as long as short
BloFin MRVL-USDT	+0.0029%	8h	261.19	−0.034%	$376K	$170K	50x	as long as short
Lighter MRVL	+0.0032%	1h	261.28	0.000%	$96K	$209K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.64	−0.245%	$26K	$28K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.53	+0.096%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	261.17	−0.042%	$14.7M	$8.9M	10x	as long as short
Polymarket Perps MRVL-USDlong	+0.0050%	1h	261.28	long leg	$105K	$86K	10x
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.93	−0.134%	$570K	$941K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0054%	8h	261.18	−0.036%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0055%	1h	261.13	−0.056%	$88K	$317K	10x	as long as short
Binance MRVLUSDT	+0.0069%	8h	261.25	−0.011%	$24.2M	$114.7M	50x	as long as short
Extended MRVL-USD	+0.0072%	1h	261.24	−0.017%	$52K	$342K	10x	as long as short
SoDEX MRVL-USD	+0.0089%	1h	261.18	−0.038%	$110	$15K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.13	−0.057%	$517K	$67K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.61	−0.256%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythosshort	+0.0100%	8h	261.17	−0.042%	$2K	$3K	10x
Aevo MRVL-PERP	+0.0104%	1h	261.17	−0.041%	$18	—	10x	as long as short
Bitget MRVLUSDT	+0.0123%	8h	261.25	−0.011%	$5.6M	$16.5M	20x	as long as short
Phoenix MRVL	+0.0216%	1h	260.68	−0.230%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.77	+0.953%	$11K	$658	12x	as long as short
edgeX MRVLUSDC	+0.0705%	4h	260.73	−0.211%	$37K	$370K	10x	as long as short