Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0521%/8h= +57.0% APRpaid last 24h −0.111%

Price spread now: edgeX against Polymarket Perps−0.066%64s7-day average −0.089% · 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—prices read too far apart to compare

costs, in and out, $10k−$340.345% of the position

Long on Polymarket Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.622%−$62 on $10k

Price spread, last 4 days (all we have)−0.028%−$3 · spread now −0.066%, 7d avg −0.089%

Together, before fees−0.650%+ Points / potential airdropedgeX: Active · farm board−$65 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and edgeX is 0.023% dearer against Polymarket Perps than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.089%. Mind the row above: over the last 5 days funding on this pair cost −0.622%, so the current rate has only just turned in your favour. The two prices were read 64 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	Polymarket Perps MRVL-USD	260.50	0.0050	pay 0.0006% / 1h	13m 54s	$104K	$77K	10x
Short	edgeX MRVLUSDC	260.33	0.0571	get 0.0285% / 4h	2h 13m	$37K	$371K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 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 Polymarket PerpsbpFee edgeXbpOrdersPrice spread, now −0.066%Rate

Funding earned: $109.31
Price spread: −0.066% → −0.089%: $2.29
Slippage, 4 orders: −$17.48
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $77.11
Costs to cover: 0.345%
Break-even: 2.1 days

Slippage from Polymarket Perps: live order book, 53 min ago; edgeX: live order book, 54 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, 53 min ago	3.06 bp	7.1 bp −$7	8.7 bp −$87	doesn't fit	doesn't fit
Sell edgeX live order book, 54 min ago	5.36 bp	10.1 bp −$10	14.5 bp −$145	doesn't fit	doesn't fit

MRVL on 31 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	260.59	+0.035%	$313K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.61	+0.042%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.61	+0.042%	$7.0M	$22.4M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.59	+0.035%	$5.6M	$8.8M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.62	+0.046%	$5.6M	$16.2M	20x	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.45	−0.020%	$484	$194K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.61	+0.042%	$1K	$6.4M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	260.60	+0.038%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.24	−0.100%	$131K	$41K	50x	as long as short
Variational Omni MRVL	+0.0004%	8h	260.50	−0.001%	$725K	$662K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International MRVL-PERP-INTX	+0.0008%	1h	260.39	−0.042%	$335K	$637K	10x	as long as short
Aftermath Perps MRVLUSD	+0.0013%	1h	260.45	−0.021%	$884	$51K	10x	as long as short
QFEX MRVL-USD	+0.0023%	1h	260.52	+0.008%	$1.1M	$3.8M	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.66	+0.061%	$95K	$206K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.29	−0.081%	$25K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.92	+0.161%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.52	+0.008%	$14.7M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USDlong	+0.0050%	1h	260.50	long leg	$104K	$77K	10x
SoDEX MRVL-USD	+0.0050%	1h	260.56	+0.023%	$125	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.33	−0.065%	$567K	$664K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	260.47	−0.010%	—	—	5x	as long as short
Extended MRVL-USD	+0.0056%	1h	260.57	+0.029%	$47K	$351K	10x	as long as short
Binance MRVLUSDT	+0.0060%	8h	260.64	+0.054%	$24.2M	$109.9M	50x	as long as short
Nado MRVL-PERP	+0.0063%	1h	260.48	−0.010%	$89K	$282K	10x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	260.61	+0.042%	$515K	$63K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	260.52	+0.008%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.60	+0.038%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.61	+0.044%	$18	—	10x	as long as short
Phoenix MRVL	+0.0153%	1h	260.63	+0.050%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	262.62	+0.814%	$11K	$679	12x	as long as short
edgeX MRVLUSDCshort	+0.0571%	4h	260.33	−0.066%	$37K	$371K	10x