Funding you earn now, next payment 08:00 UTC+0.0505%/8h= +55.3% APRnext payment +$0.63 per $10,000 · paid last 24h +0.021%
Price spread now: Polymarket Perps against Deribit−0.020%48s7-day average +0.104% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)+0.356%+$36 on $10k
+Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.020%, 7d avg +0.104%
=Funding pays, the price is against you. Polymarket Perps is 0.124% cheaper against Deribit than usual: you would sell low and buy high (spread −0.020% now, against its 7-day average of +0.104%). If the spread goes back, that is −$12 on $10k: about 20 hours of funding at the current rate (+$15 a day). At the pace of the last 5 days (+0.356% in total) that is about 42 hours. The two prices were read 48 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 | Deribit MRVL_USDC-PERPETUAL | 255.11 | −0.0455 | get 0.0057% / 1h | 7m 30s | $22K | $145K | 10x |
| Short | Polymarket Perps MRVL-USD | 255.06 | 0.0050 | get 0.0006% / 1h | 7m 30s | $99K | $79K | 10x |
Deribit MRVL_USDC-PERPETUAL
Polymarket Perps MRVL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $106.07
- Price spread: −0.020% → +0.104%
- −$12.36
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $78.71
- Costs to cover
- 0.150%
- Break-even
- 1.8 days
Slippage unknown: Deribit: live order book, 31 min ago; Polymarket Perps: no order-book sample. 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 Deribit live order book, 31 min ago | 6.06 bp | 9.6 bp −$10 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell Polymarket Perps no order-book sample | — | — | — | — | — |
Polymarket Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0515% | 8h | 255.30 | +0.074% | $5.5M | $17.2M | 20x | as long as short |
| Deribit MRVL_USDC-PERPETUALlong | −0.0455% | 1h | 255.11 | long leg | $22K | $145K | 10x | |
| Coinbase International MRVL-PERP-INTX | −0.0008% | 1h | 255.27 | +0.063% | $335K | $652K | 10x | as long as short |
| BloFin MRVL-USDT | −0.0001% | 8h | 255.23 | +0.047% | $365K | $188K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.08 | −0.012% | $301K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.00 | −0.045% | $50K | $303K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 255.06 | −0.021% | $23.5M | $113.8M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.03 | −0.031% | $5.0M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.09 | −0.008% | $6.8M | $24.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.19 | +0.031% | $5.1M | $8.7M | 50x | as long as short |
Bitget MRVLUSDT
Coinbase International MRVL-PERP-INTX
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MRVL | 0.0000% | 8h | 255.09 | −0.007% | $714K | $468K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 255.14 | +0.012% | $967 | $187K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 255.15 | +0.016% | $1K | $5.9M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.23 | +0.047% | $131K | $47K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0016% | 1h | 255.10 | −0.006% | $592 | $46K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 255.18 | +0.027% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 255.07 | −0.016% | $88K | $167K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 254.98 | −0.051% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.50 | +0.153% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 255.07 | −0.016% | $14.1M | $9.1M | 10x | as long as short |
| Polymarket Perps MRVL-USDshort | +0.0050% | 1h | 255.06 | −0.020% | $99K | $79K | 10x | |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.16 | +0.020% | $168 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.18 | +0.027% | $532K | $848K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 254.93 | −0.071% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0057% | 1h | 255.04 | −0.028% | $87K | $272K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 255.08 | −0.012% | $504K | $74K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 255.11 | 0.000% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.26 | +0.059% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.23 | +0.047% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0125% | 1h | 255.31 | +0.078% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.02 | +1.141% | $11K | $827 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0522% | 4h | 255.15 | +0.014% | $36K | $373K | 10x | as long as short |
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
HTX MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Nado MRVL-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC