Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.056%

Price spread now: Polymarket Perps against Aster−0.115%7-day average +0.092% · 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−$78as in the Price arb table

costs, in and out, $10k−$570.574% of the position

Long on Aster Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.489%+$49 on $10k

Price spread, last 4 days (all we have)+0.166%+$17 · spread now −0.115%, 7d avg +0.092%

Together, before fees+0.654%+ Points / potential airdropAster: Stage 5 · farm board+$65 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.207% cheaper against Aster than usual: you would sell low and buy high (spread −0.115% now, against its 7-day average of +0.092%). If the spread goes back, that is −$21 on $10k: about 14 days of funding at the current rate (+$2 a day). At the pace of the last 6 days (+0.489% in total) that is about 2.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MRVLUSDT	255.66	0	get 0.0000% / 8h	3h 07m	$301K	$339K	50x
Short	Polymarket Perps MRVL-USD	255.37	0.0050	get 0.0006% / 1h	7m 07s	$101K	$80K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Aster. 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 AsterbpFee Polymarket PerpsbpOrdersPrice spread, now −0.115%Rate

Funding earned: $10.5
Price spread: −0.115% → +0.092%: −$20.67
Slippage, 4 orders: −$41.44
Fee Aster: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$67.61
Costs to cover: 0.574%
Break-even: 52.1 days

Slippage from Aster: live order book, 45 min ago; Polymarket Perps: live order book, 45 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 Aster live order book, 45 min ago	2.71 bp	21.0 bp −$21	158.6 bp −$1,586	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 45 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	−0.0448%	8h	255.41	−0.099%	$5.5M	$16.4M	20x	as long as short
BloFin MRVL-USDT	−0.0008%	8h	255.27	−0.154%	$367K	$174K	50x	as long as short
Aster MRVLUSDTlong	0.0000%	8h	255.66	long leg	$301K	$339K	50x
Extended MRVL-USD	0.0000%	1h	255.33	−0.129%	$49K	$269K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.40	−0.105%	$23.5M	$109.9M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.52	−0.056%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.83	+0.065%	$6.8M	$22.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.35	−0.123%	$5.4M	$8.3M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.57	−0.037%	$709K	$628K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.28	−0.150%	$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	255.36	−0.119%	$1K	$6.0M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.28	−0.150%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.46	−0.080%	$129K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0022%	1h	255.53	−0.053%	$593	$48K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.52	−0.056%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.32	−0.134%	$88K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.28	−0.150%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.68	+0.006%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.20	−0.181%	$14.0M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USDshort	+0.0050%	1h	255.37	−0.115%	$101K	$80K	10x
SoDEX MRVL-USD	+0.0050%	1h	255.29	−0.146%	$148	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.90	−0.299%	$548K	$724K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.43	−0.090%	—	—	5x	as long as short
edgeX MRVLUSDC	+0.0087%	4h	255.33	−0.130%	$36K	$372K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.30	−0.142%	$321K	$633K	10x	as long as short
Nado MRVL-PERP	+0.0096%	1h	255.25	−0.163%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.28	−0.150%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.37	−0.115%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.34	−0.125%	$18	—	10x	as long as short
KuCoin MRVLUSDTM	+0.0110%	8h	255.57	−0.037%	$505K	$62K	20x	as long as short
Phoenix MRVL	+0.0185%	1h	255.50	−0.064%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.342%	$11K	$734	12x	as long as short