MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.026%

Price spread now: Polymarket Perps against ApeX Omni−0.059%7-day average +0.089% · 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−$111as in the Price arb table

costs, in and out, $10k−$960.958% of the position

Long on ApeX Omni Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.330%+$33 on $10k

Price spread, last 4 days (all we have)+0.194%+$19 · spread now −0.059%, 7d avg +0.089%

Together, before fees+0.524%+$52 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Polymarket Perps is 0.148% cheaper against ApeX Omni than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.089%). Swap the legs. Mind the row above: over the last 6 days funding on this pair paid +0.330%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MRVLUSDT	255.74	0.0100	pay 0.0013% / 1h	5m 18s	$4K	$140K	50x
Short	Polymarket Perps MRVL-USD	255.59	0.0050	get 0.0006% / 1h	5m 18s	$101K	$80K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against ApeX Omni. 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 ApeX OmnibpFee Polymarket PerpsbpOrdersPrice spread, now −0.059%Rate

Funding earned: −$10.5
Price spread: −0.059% → +0.089%: −$14.81
Slippage, 4 orders: −$77.81
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$121.13
Costs to cover: 0.958%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 45 min ago; Polymarket Perps: live order book, 46 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 ApeX Omni live order book, 45 min ago	27.89 bp	38.7 bp −$39	196.2 bp −$1,962	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 46 min ago	2.52 bp	8.8 bp −$9	9.5 bp −$95	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	−0.0474%	8h	255.84	+0.039%	$5.5M	$16.4M	20x	as long as short
BloFin MRVL-USDT	−0.0027%	8h	255.68	−0.023%	$367K	$175K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.78	+0.015%	$301K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.61	−0.049%	$49K	$269K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.68	−0.023%	$23.5M	$110.0M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.57	−0.066%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.60	−0.055%	$6.8M	$22.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.70	−0.016%	$5.4M	$8.3M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.96	+0.086%	$710K	$502K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.39	−0.137%	$243	$191K	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-USDT	0.0000%	8h	255.66	−0.031%	$1K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.63	−0.043%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.72	−0.008%	$129K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0022%	1h	255.60	−0.053%	$627	$49K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.66	−0.031%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.76	+0.008%	$88K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.42	−0.125%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.95	+0.082%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.60	−0.055%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USDshort	+0.0050%	1h	255.59	−0.059%	$101K	$80K	10x
SoDEX MRVL-USD	+0.0050%	1h	255.59	−0.059%	$138	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.69	−0.020%	$547K	$727K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.65	−0.037%	—	—	5x	as long as short
edgeX MRVLUSDC	+0.0087%	4h	255.33	−0.160%	$36K	$372K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.30	−0.172%	$321K	$633K	10x	as long as short
Nado MRVL-PERP	+0.0094%	1h	255.67	−0.029%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDTlong	+0.0100%	1h	255.74	long leg	$4K	$140K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.68	−0.023%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.63	−0.042%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0111%	8h	255.89	+0.059%	$506K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	255.88	+0.055%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.311%	$11K	$734	12x	as long as short