Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.038%

Price spread now: Polymarket Perps against SunX+0.039%50s7-day average +0.071% · you sell dearer than you buy

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

Long on SunX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.491%+$49 on $10k

Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.039%, 7d avg +0.071%

Together, before fees+0.515%+$51 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.032% cheaper against SunX than usual: you would sell low and buy high (spread +0.039% now, against its 7-day average of +0.071%). If the spread goes back, that is −$3 on $10k: about 2.1 days of funding at the current rate (+$2 a day). At the pace of the last 6 days (+0.491% in total) that is about 9 hours. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX MRVL-USDT	254.95	0	get 0.0000% / 8h	21m 32s	$2K	$5.9M	10x
Short	Polymarket Perps MRVL-USD	255.05	0.0050	get 0.0006% / 1h	21m 32s	$99K	$84K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against SunX. 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 SunXbpFee Polymarket PerpsbpOrdersPrice spread, now +0.039%Rate

Funding earned: $10.5
Price spread: +0.039% → +0.071%: −$3.19
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$8.69
Costs to cover: 0.160%
Break-even: 12.8 days

Slippage unknown: SunX: live order book, 7 min ago; Polymarket Perps: live order book, 80 min ago. 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 SunX live order book, 7 min ago	44.88 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 80 min ago	2.75 bp	8.0 bp −$8	9.2 bp −$92	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
Bitget MRVLUSDT	−0.0539%	8h	255.40	+0.177%	$5.5M	$17.2M	20x	as long as short
Coinbase International MRVL-PERP-INTX	−0.0008%	1h	254.76	−0.075%	$334K	$652K	10x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.11	+0.063%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.17	+0.086%	$50K	$308K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.22	+0.107%	$23.5M	$114.0M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.12	+0.067%	$5.0M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.14	+0.075%	$6.8M	$24.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.26	+0.122%	$5.1M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	254.89	−0.024%	$714K	$468K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	254.86	−0.035%	$367	$189K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDTlong	0.0000%	8h	254.95	long leg	$2K	$5.9M	10x
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	254.91	−0.016%	$22K	$145K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	254.90	−0.020%	$131K	$47K	50x	as long as short
BloFin MRVL-USDT	+0.0003%	8h	254.87	−0.031%	$367K	$188K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0017%	1h	255.05	+0.039%	$676	$46K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.16	+0.082%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.19	+0.094%	$88K	$167K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.80	−0.059%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.29	+0.133%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.07	+0.047%	$14.1M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USDshort	+0.0050%	1h	255.05	+0.039%	$99K	$84K	10x
SoDEX MRVL-USD	+0.0050%	1h	254.93	−0.008%	$224	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.72	−0.090%	$531K	$839K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.11	+0.062%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0056%	1h	255.10	+0.058%	$87K	$272K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	255.07	+0.047%	$504K	$69K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.09	+0.055%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	254.91	−0.016%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	254.92	−0.011%	$18	—	10x	as long as short
Phoenix MRVL	+0.0125%	1h	254.98	+0.012%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.02	+1.204%	$11K	$827	12x	as long as short
edgeX MRVLUSDC	+0.0393%	4h	254.88	−0.027%	$36K	$374K	10x	as long as short