Funding you earn now, next payment 05:00 UTC−0.0025%/8h= −2.8% APRnext payment −$0.03 per $10,000 · paid last 24h −0.044%
Price spread now: QFEX against Polymarket Perps+0.074%7-day average −0.097% · 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−$12as in the Price arb table
costs, in and out, $10k−$290.292% of the position
Funding, last 4 days (all we have)−0.411%−$41 on $10k
+Price spread, last 4 days (all we have)−0.172%−$17 · spread now +0.074%, 7d avg −0.097%
=The price spread pays, funding is against you. QFEX is 0.171% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.074% now, against its 7-day average of −0.097%): +$17 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days. At the pace of the last 4 days (−0.411% in total) that is about 36 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps MRVL-USD | 256.97 | 0.0050 | pay 0.0006% / 1h | 40m 12s | $102K | $80K | 10x |
| Short | QFEX MRVL-USD | 257.16 | 0.0025 | get 0.0003% / 1h | 40m 12s | $1.1M | $3.6M | 10x |
Polymarket Perps MRVL-USD
QFEX MRVL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$5.34
- Price spread: +0.074% → −0.097%
- $17.1
- Slippage, 4 orders
- −$11.23
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$17.46
- Costs to cover
- 0.292%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 11 min ago; QFEX: live order book, 3 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, 11 min ago | 2.52 bp | 7.3 bp −$7 | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.55 bp | 6.6 bp −$7 | 7.1 bp −$71 | 15.0 bp −$1,505 | 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 | 257.39 | +0.163% | $370K | $171K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 257.14 | +0.065% | $308K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 256.98 | +0.006% | $46K | $343K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 257.03 | +0.024% | $23.7M | $108.9M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 257.01 | +0.016% | $5.1M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 257.01 | +0.016% | $6.9M | $22.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 257.05 | +0.031% | $5.5M | $8.1M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 257.09 | +0.047% | $5.5M | $16.2M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 257.34 | +0.146% | $714K | $631K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 257.81 | +0.328% | $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 | 257.14 | +0.066% | $1K | $6.1M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 256.99 | +0.008% | $22K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 257.78 | +0.315% | $130K | $42K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 257.69 | +0.281% | $598 | $49K | 10x | as long as short |
| QFEX MRVL-USDshort | +0.0025% | 1h | 257.16 | +0.074% | $1.1M | $3.6M | 10x | |
| edgeX MRVLUSDC | +0.0027% | 4h | 257.78 | +0.317% | $36K | $371K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 257.00 | +0.012% | $89K | $203K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 257.38 | +0.160% | $25K | $26K | 5x | as long as short |
| Nado MRVL-PERP | +0.0041% | 1h | 257.18 | +0.083% | $88K | $272K | 10x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 257.60 | +0.245% | — | $50K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 256.93 | −0.016% | $14.4M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USDlong | +0.0050% | 1h | 256.97 | long leg | $102K | $80K | 10x | |
| SoDEX MRVL-USD | +0.0050% | 1h | 257.02 | +0.019% | $190 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 256.98 | +0.004% | $573K | $720K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0053% | 8h | 257.15 | +0.070% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0088% | 1h | 257.16 | +0.074% | $330K | $624K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 257.27 | +0.117% | $509K | $61K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 257.78 | +0.315% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 256.99 | +0.008% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 257.01 | +0.015% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0185% | 1h | 257.70 | +0.284% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 261.65 | +1.821% | $11K | $734 | 12x | as long as short |
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
edgeX MRVLUSDC
Lighter MRVL
Arcus MRVL-USD
Nado MRVL-PERP
Vest MRVL-USD-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