MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.04 per $10,000 · paid last 24h +0.058%

Price spread now: Polymarket Perps against Extended+0.133%7-day average +0.110% · 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−$27as in the Price arb table

costs, in and out, $10k−$300.298% of the position

Long on Extended Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.448%+$45 on $10k

Price spread, last 3 days (all we have)−0.060%−$6 · spread now +0.133%, 7d avg +0.110%

Together, before fees+0.388%+ Points / potential airdropExtended: Active · farm board+$39 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Polymarket Perps is 0.024% dearer against Extended than usual: you sell high and buy low (spread +0.133% now, against its 7-day average of +0.110%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.6 days. Mind the row above: over the last 5 days funding on this pair paid +0.448%, 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	Extended MRVL-USD	261.00	0.0080	pay 0.0010% / 1h	23m 46s	$47K	$347K	10x
Short	Polymarket Perps MRVL-USD	261.35	0.0050	get 0.0006% / 1h	23m 46s	$105K	$86K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Extended. 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 ExtendedbpFee Polymarket PerpsbpOrdersPrice spread, now +0.133%Rate

Funding earned: −$6.3
Price spread: +0.133% → +0.110%: $2.36
Slippage, 4 orders: −$16.76
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$33.7
Costs to cover: 0.298%
Break-even: never at this rate

Slippage from Extended: live order book, 48 min ago; Polymarket Perps: live order book, 48 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 Extended live order book, 48 min ago	0.96 bp	7.0 bp −$7	69.3 bp −$693	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 48 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
Aster MRVLUSDT	0.0000%	8h	261.10	+0.039%	$314K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.98	−0.008%	$5.1M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.08	+0.030%	$7.1M	$22.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.09	+0.034%	$5.6M	$9.5M	50x	as long as short
SunX MRVL-USDT	0.0000%	8h	261.12	+0.045%	$1K	$6.6M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	261.08	+0.030%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	261.68	+0.260%	$132K	$45K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	261.33	+0.124%	$943	$52K	10x	as long as short
BloFin MRVL-USDT	+0.0020%	8h	261.50	+0.191%	$375K	$171K	50x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	260.67	−0.127%	$335K	$764K	10x	as long as short

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	+0.239%	$726K	$765K	—	as long as short
QFEX MRVL-USD	+0.0027%	1h	261.33	+0.126%	$1.1M	$4.2M	10x	as long as short
Lighter MRVL	+0.0032%	1h	261.11	+0.041%	$96K	$209K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	261.34	+0.130%	$26K	$28K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.90	+0.344%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	261.02	+0.007%	$14.8M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USDshort	+0.0050%	1h	261.35	+0.133%	$105K	$86K	10x
Ondo Perps MRVL-USD.P	+0.0050%	1h	261.78	+0.298%	$575K	$946K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0054%	8h	261.36	+0.137%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0072%	1h	261.42	+0.160%	$89K	$319K	10x	as long as short
Extended MRVL-USDlong	+0.0080%	1h	261.00	long leg	$47K	$347K	10x
Binance MRVLUSDT	+0.0082%	8h	261.14	+0.054%	$24.3M	$114.8M	50x	as long as short
SoDEX MRVL-USD	+0.0084%	1h	261.14	+0.053%	$115	$15K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	261.36	+0.137%	$517K	$67K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	261.66	+0.252%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	261.21	+0.080%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	261.14	+0.051%	$18	—	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0125%	8h	262.04	+0.400%	$231	$204K	10x	as long as short
edgeX MRVLUSDC	+0.0182%	4h	261.91	+0.346%	$37K	$368K	10x	as long as short
Bitget MRVLUSDT	+0.0200%	8h	261.09	+0.034%	$5.6M	$16.5M	20x	as long as short
Phoenix MRVL	+0.0216%	1h	261.89	+0.340%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.77	+1.061%	$11K	$658	12x	as long as short