MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.09 per $10,000 · paid last 24h −0.050%

Price spread now: Polymarket Perps against Nado−0.007%7-day average +0.113% · 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−$75as in the Price arb table

costs, in and out, $10k−$630.628% of the position

Long on Nado Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.061%−$6 on $10k

Price spread, last 4 days (all we have)+0.062%+$6 · spread now −0.007%, 7d avg +0.113%

Together, before fees+0.001%+ Points / potential airdropNado: Active · farm board$0 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Polymarket Perps is 0.120% cheaper against Nado than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.113%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado MRVL-PERP	260.22	0.0124	pay 0.0016% / 1h	11m 28s	$89K	$272K	10x
Short	Polymarket Perps MRVL-USD	260.20	0.0050	get 0.0006% / 1h	11m 28s	$104K	$79K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Nado. 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 NadobpFee Polymarket PerpsbpOrdersPrice spread, now −0.007%Rate

Funding earned: −$15.63
Price spread: −0.007% → +0.113%: −$12
Slippage, 4 orders: −$47.77
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$90.4
Costs to cover: 0.628%
Break-even: never at this rate

Slippage from Nado: live order book, 46 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 Nado live order book, 46 min ago	8.43 bp	21.2 bp −$21	33.5 bp −$335	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 45 min ago	3.45 bp	7.9 bp −$8	10.3 bp −$103	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	260.49	+0.106%	$313K	$331K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	260.41	+0.074%	$47K	$345K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	260.49	+0.103%	$24.1M	$107.6M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.28	+0.024%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.41	+0.074%	$7.0M	$22.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.41	+0.074%	$5.6M	$8.2M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.46	+0.093%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.32	+0.039%	$717K	$634K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.30	+0.032%	$635	$189K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.43	+0.082%	$867	$6.1M	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	260.17	−0.018%	$131K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	260.31	+0.034%	$657	$49K	10x	as long as short
BloFin MRVL-USDT	+0.0027%	8h	260.19	−0.011%	$374K	$171K	50x	as long as short
Lighter MRVL	+0.0032%	1h	260.46	+0.093%	$94K	$200K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	260.36	+0.055%	$1.1M	$3.6M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.13	−0.034%	$26K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.68	+0.178%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.21	−0.003%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USDshort	+0.0050%	1h	260.20	−0.007%	$104K	$79K	10x
SoDEX MRVL-USD	+0.0050%	1h	260.35	+0.051%	$109	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.19	−0.011%	$575K	$679K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0054%	8h	260.41	+0.074%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	260.25	+0.012%	$334K	$626K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.59	+0.143%	$514K	$60K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.39	+0.066%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.40	+0.070%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.33	+0.044%	$18	—	10x	as long as short
Nado MRVL-PERPlong	+0.0124%	1h	260.22	long leg	$89K	$272K	10x
Phoenix MRVL	+0.0153%	1h	260.39	+0.066%	$11K	$12K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0173%	1h	260.33	+0.043%	$23K	$144K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.30	+1.184%	$11K	$705	12x	as long as short
edgeX MRVLUSDC	+0.0972%	4h	260.23	+0.005%	$37K	$373K	10x	as long as short