MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h +0.033%

Price spread now: Polymarket Perps against Coinbase International+0.165%7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$310.312% of the position

Long on Coinbase International Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.163%+$16 on $10k

Price spread, last 3 days (all we have)−0.158%−$16 · spread now +0.165%, 7d avg +0.050%

Together, before fees+0.006%+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.115% dearer against Coinbase International than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International MRVL-PERP-INTX	260.67	0.0024	pay 0.0003% / 1h	22m 45s	$335K	$763K	10x
Short	Polymarket Perps MRVL-USD	261.10	0.0050	get 0.0006% / 1h	22m 45s	$105K	$83K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Coinbase International. 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 Coinbase InternationalbpFee Polymarket PerpsbpOrdersPrice spread, now +0.165%Rate

Funding earned: $5.46
Price spread: +0.165% → +0.050%: $11.48
Slippage, 4 orders: −$13.2
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$14.27
Costs to cover: 0.312%
Break-even: 25.3 days

Slippage from Coinbase International: live order book, 51 min ago; Polymarket Perps: live order book, 49 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 Coinbase International live order book, 51 min ago	0.19 bp	6.4 bp −$6	13.1 bp −$131	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 49 min ago	3.47 bp	8.3 bp −$8	11.0 bp −$110	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
BloFin MRVL-USDT	−0.0006%	8h	261.17	+0.192%	$376K	$170K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	260.91	+0.092%	$314K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	261.21	+0.207%	$5.2M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.16	+0.188%	$7.1M	$22.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.19	+0.199%	$5.6M	$9.5M	50x	as long as short
SunX MRVL-USDT	0.0000%	8h	261.20	+0.203%	$1K	$6.6M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	260.98	+0.119%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	261.68	+0.387%	$132K	$45K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	261.28	+0.233%	$943	$52K	10x	as long as short
Coinbase International MRVL-PERP-INTXlong	+0.0024%	1h	260.67	long leg	$335K	$763K	10x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MRVL	+0.0026%	8h	261.63	+0.367%	$726K	$765K	—	as long as short
QFEX MRVL-USD	+0.0027%	1h	261.08	+0.157%	$1.1M	$4.2M	10x	as long as short
Lighter MRVL	+0.0032%	1h	261.31	+0.246%	$96K	$209K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	261.19	+0.199%	$26K	$28K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.54	+0.334%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	261.11	+0.169%	$14.9M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USDshort	+0.0050%	1h	261.10	+0.165%	$105K	$83K	10x
Ondo Perps MRVL-USD.P	+0.0050%	1h	261.78	+0.426%	$575K	$946K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0054%	8h	261.10	+0.165%	—	—	5x	as long as short
SoDEX MRVL-USD	+0.0066%	1h	261.15	+0.184%	$104	$15K	10x	as long as short
Nado MRVL-PERP	+0.0073%	1h	261.16	+0.188%	$89K	$320K	10x	as long as short
Extended MRVL-USD	+0.0080%	1h	261.02	+0.133%	$47K	$347K	10x	as long as short
Binance MRVLUSDT	+0.0081%	8h	261.29	+0.236%	$24.3M	$114.8M	50x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.29	+0.238%	$518K	$67K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	261.66	+0.380%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	261.06	+0.150%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	261.09	+0.163%	$18	—	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0114%	8h	261.56	+0.341%	$230	$204K	10x	as long as short
edgeX MRVLUSDC	+0.0165%	4h	261.53	+0.329%	$37K	$369K	10x	as long as short
Bitget MRVLUSDT	+0.0202%	8h	261.19	+0.199%	$5.5M	$16.5M	20x	as long as short
Phoenix MRVL	+0.0216%	1h	261.89	+0.468%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	264.15	+1.335%	$11K	$661	12x	as long as short