Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.033%
Price spread now: Deribit against Polymarket Perps+0.047%7-day average −0.111% · 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−$21as in the Price arb table
costs, in and out, $10k−$370.370% of the position
Funding, last 5 days (all we have)−0.355%−$35 on $10k
+Price spread, last 4 days (all we have)−0.149%−$15 · spread now +0.047%, 7d avg −0.111%
=The price spread pays, funding is against you. Deribit is 0.158% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.047% now, against its 7-day average of −0.111%): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 5 days (−0.355% in total) that is about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps MRVL-USD | 257.60 | 0.0050 | pay 0.0006% / 1h | 42m 09s | $102K | $80K | 10x |
| Short | Deribit MRVL_USDC-PERPETUAL | 257.72 | 0 | get 0.0000% / 1h | 42m 09s | $22K | $144K | 10x |
Polymarket Perps MRVL-USD
Deribit MRVL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Polymarket Perps. 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
- −$10.5
- Price spread: +0.047% → −0.111%
- $15.75
- Slippage, 4 orders
- −$22.03
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$31.77
- Costs to cover
- 0.370%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 9 min ago; Deribit: live order book, 11 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 Polymarket Perps live order book, 9 min ago | 2.52 bp | 7.3 bp −$7 | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 11 min ago | 6.76 bp | 10.6 bp −$11 | 12.6 bp −$126 | 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 | −0.0011% | 8h | 257.72 | +0.047% | $370K | $171K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 257.76 | +0.063% | $309K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 257.68 | +0.030% | $46K | $343K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 257.77 | +0.066% | $23.7M | $108.8M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 257.75 | +0.058% | $5.1M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 257.69 | +0.035% | $6.9M | $22.6M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 257.79 | +0.074% | $5.5M | $8.1M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 257.87 | +0.105% | $5.5M | $16.2M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 257.94 | +0.134% | $715K | $633K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 257.81 | +0.083% | $820 | $190K | 10x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 257.86 | +0.101% | $1K | $6.1M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUALshort | 0.0000% | 1h | 257.72 | +0.047% | $22K | $144K | 10x | |
| HTX MRVL-USDT | 0.0000% | 8h | 257.78 | +0.070% | $130K | $42K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0019% | 1h | 257.90 | +0.117% | $599 | $49K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 257.66 | +0.023% | $1.1M | $3.6M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 257.78 | +0.070% | $89K | $203K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 257.61 | +0.004% | $25K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 257.99 | +0.151% | — | $50K | 25x | as long as short |
| Nado MRVL-PERP | +0.0047% | 1h | 257.73 | +0.049% | $88K | $272K | 10x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 257.59 | −0.004% | $14.4M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USDlong | +0.0050% | 1h | 257.60 | long leg | $102K | $80K | 10x | |
| SoDEX MRVL-USD | +0.0050% | 1h | 257.78 | +0.070% | $191 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 257.52 | −0.031% | $573K | $721K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0053% | 8h | 257.74 | +0.054% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0088% | 1h | 257.42 | −0.070% | $331K | $625K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 257.96 | +0.140% | $510K | $61K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 257.84 | +0.093% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 257.74 | +0.054% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 257.70 | +0.037% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0185% | 1h | 257.68 | +0.031% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 261.65 | +1.572% | $11K | $734 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0862% | 4h | 258.02 | +0.161% | $36K | $373K | 10x | as long as short |
SunX MRVL-USDT
HTX MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
Nado MRVL-PERP
tradeXYZ xyz:MRVL
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Coinbase International MRVL-PERP-INTX
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC