Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.055%

Price spread now: tradeXYZ against Polymarket Perps−0.042%7-day average −0.151% · 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−$27as in the Price arb table

costs, in and out, $10k−$380.378% of the position

Long on Polymarket Perps Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.402%−$40 on $10k

Price spread, last 4 days (all we have)−0.218%−$22 · spread now −0.042%, 7d avg −0.151%

Together, before fees−0.620%+ Points / potential airdroptradeXYZ: Active · farm board−$62 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.108% dearer against Polymarket Perps than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.151%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps MRVL-USD	260.01	0.0050	pay 0.0006% / 1h	48m 01s	$104K	$79K	10x
Short	tradeXYZ xyz:MRVL	259.90	0.0050	get 0.0006% / 1h	48m 01s	$14.6M	$8.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.042%Rate

Funding earned: $0
Price spread: −0.042% → −0.151%: $10.85
Slippage, 4 orders: −$11.84
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$26.99
Costs to cover: 0.378%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 14 min ago; tradeXYZ: live order book, 11 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, 14 min ago	3.27 bp	7.3 bp −$7	8.8 bp −$88	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 11 min ago	0.96 bp	11.0 bp −$11	doesn't fit	doesn't fit	doesn't fit

MRVL on 31 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	260.09	+0.030%	$312K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	259.96	−0.019%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.09	+0.031%	$7.0M	$22.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.06	+0.019%	$5.6M	$8.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.15	+0.054%	$5.5M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.51	+0.194%	$717K	$654K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.56	+0.210%	$466	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.08	+0.027%	$2K	$6.2M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.63	+0.238%	$131K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0015%	1h	260.24	+0.089%	$934	$50K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	+0.0019%	1h	259.95	−0.023%	$23K	$143K	10x	as long as short
QFEX MRVL-USD	+0.0026%	1h	260.00	−0.004%	$1.1M	$3.7M	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.03	+0.008%	$95K	$203K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0032%	1h	259.84	−0.065%	$334K	$630K	10x	as long as short
Extended MRVL-USD	+0.0040%	1h	259.98	−0.012%	$51K	$353K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.12	+0.042%	$25K	$26K	5x	as long as short
Binance MRVLUSDT	+0.0043%	8h	260.06	+0.017%	$24.2M	$107.9M	50x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.40	+0.150%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVLshort	+0.0050%	1h	259.90	−0.042%	$14.6M	$8.4M	10x
Polymarket Perps MRVL-USDlong	+0.0050%	1h	260.01	long leg	$104K	$79K	10x
SoDEX MRVL-USD	+0.0050%	1h	260.07	+0.023%	$125	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.43	+0.162%	$575K	$676K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	259.94	−0.029%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.23	+0.085%	$514K	$62K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.49	+0.185%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.01	0.000%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.03	+0.008%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0139%	1h	259.92	−0.035%	$89K	$273K	10x	as long as short
Phoenix MRVL	+0.0215%	1h	260.30	+0.112%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.39	+1.300%	$11K	$681	12x	as long as short
edgeX MRVLUSDC	+0.0421%	4h	260.63	+0.240%	$37K	$370K	10x	as long as short