Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.049%

Price spread now: Polymarket Perps against Gate−0.055%7-day average +0.075% · 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−$66as in the Price arb table

costs, in and out, $10k−$530.531% of the position

Long on Gate Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.734%+$73 on $10k

Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.055%, 7d avg +0.075%

Together, before fees+0.897%+$90 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.130% cheaper against Gate than usual: you would sell low and buy high (spread −0.055% now, against its 7-day average of +0.075%). If the spread goes back, that is −$13 on $10k: about 8.7 days of funding at the current rate (+$2 a day). At the pace of the last 6 days (+0.734% in total) that is about 24 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MRVL_USDT	253.76	0	get 0.0000% / 8h	2h 24m	$5.2M	$8.5M	50x
Short	Polymarket Perps MRVL-USD	253.62	0.0050	get 0.0006% / 1h	24m 28s	$101K	$80K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Gate. 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 GatebpFee Polymarket PerpsbpOrdersPrice spread, now −0.055%Rate

Funding earned: $10.5
Price spread: −0.055% → +0.075%: −$13.05
Slippage, 4 orders: −$30.08
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$55.63
Costs to cover: 0.531%
Break-even: 44.1 days

Slippage from Gate: live order book, 4 min ago; Polymarket Perps: live order book, 22 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 Gate live order book, 4 min ago	3.15 bp	14.0 bp −$14	30.6 bp −$306	52.5 bp −$5,247	87.6 bp −$43.8K
Sell Polymarket Perps live order book, 22 min ago	2.15 bp	8.1 bp −$8	10.2 bp −$102	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	−0.0880%	8h	253.90	+0.055%	$5.5M	$16.8M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	253.81	+0.019%	$299K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	253.74	−0.007%	$47K	$268K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	253.85	+0.035%	$23.5M	$111.6M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	253.71	−0.020%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	253.82	+0.024%	$6.7M	$23.4M	50x	as long as short
Gate MRVL_USDTlong	0.0000%	8h	253.76	long leg	$5.2M	$8.5M	50x
Variational Omni MRVL	0.0000%	8h	253.73	−0.011%	$704K	$489K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	254.58	+0.322%	$1K	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	253.87	+0.043%	$2K	$6.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRVL-USDT	0.0000%	8h	253.64	−0.047%	$128K	$43K	50x	as long as short
BloFin MRVL-USDT	+0.0010%	8h	253.87	+0.043%	$365K	$178K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0019%	1h	254.08	+0.127%	$644	$48K	10x	as long as short
QFEX MRVL-USD	+0.0030%	1h	253.90	+0.055%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	253.61	−0.059%	$88K	$201K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	253.68	−0.032%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	254.03	+0.106%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	253.56	−0.079%	$13.9M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USDshort	+0.0050%	1h	253.62	−0.055%	$101K	$80K	10x
SoDEX MRVL-USD	+0.0050%	1h	253.67	−0.035%	$167	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	253.57	−0.075%	$556K	$742K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	253.73	−0.011%	—	—	5x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0065%	1h	253.73	−0.012%	$22K	$144K	10x	as long as short
Nado MRVL-PERP	+0.0081%	1h	253.69	−0.028%	$86K	$272K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	253.60	−0.063%	$318K	$634K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	253.75	−0.004%	$4K	$139K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	253.70	−0.024%	$2K	$3K	10x	as long as short
KuCoin MRVLUSDTM	+0.0104%	8h	253.86	+0.039%	$502K	$63K	20x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	253.70	−0.023%	$18	—	10x	as long as short
Phoenix MRVL	+0.0157%	1h	254.67	+0.359%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+1.923%	$11K	$735	12x	as long as short
edgeX MRVLUSDC	+0.0364%	4h	253.70	−0.022%	$36K	$372K	10x	as long as short