Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0662%/8h= −72.5% APRpaid last 24h +0.178%

Price spread now: Polymarket Perps against edgeX−0.042%64s7-day average +0.092% · 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−$350.348% of the position

Long on edgeX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.650%+$65 on $10k

Price spread, last 3 days (all we have)+0.061%+$6 · spread now −0.042%, 7d avg +0.092%

Together, before fees+0.711%+ Points / potential airdropedgeX: Active · farm board+$71 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Polymarket Perps is 0.134% cheaper against edgeX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.092%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.650%, so the current rate has only just turned against you. 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	edgeX MRVLUSDC	259.37	0.0712	pay 0.0356% / 4h	36m 30s	$36K	$368K	10x
Short	Polymarket Perps MRVL-USD	259.26	0.0050	get 0.0006% / 1h	36m 30s	$109K	$81K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against edgeX. 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 edgeXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.042%Rate

Funding earned: −$139.05
Price spread: −0.042% → +0.092%: −$13.38
Slippage, 4 orders: −$17.81
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$187.25
Costs to cover: 0.348%
Break-even: never at this rate

Slippage from edgeX: live order book, 42 min ago; Polymarket Perps: live order book, 40 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 edgeX live order book, 42 min ago	5.42 bp	10.2 bp −$10	14.9 bp −$149	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 40 min ago	3.10 bp	7.2 bp −$7	9.8 bp −$98	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	−0.0018%	8h	259.35	−0.007%	$376K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	259.17	−0.078%	$313K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	259.25	−0.046%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.35	−0.007%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	259.36	−0.003%	$5.7M	$9.7M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	259.39	+0.008%	$5.6M	$16.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	259.08	−0.110%	$720K	$763K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	259.45	+0.031%	$1K	$6.8M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.29	−0.030%	$131K	$80K	50x	as long as short
Extended MRVL-USD	+0.0016%	1h	259.36	−0.005%	$49K	$206K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MRVLUSDT	+0.0016%	8h	259.35	−0.007%	$24.3M	$114.6M	50x	as long as short
Aftermath Perps MRVLUSD	+0.0019%	1h	259.04	−0.126%	$637	$53K	10x	as long as short
Lighter MRVL	+0.0032%	1h	259.42	+0.020%	$96K	$213K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	259.28	−0.034%	$1.1M	$4.3M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.10	−0.104%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	259.68	+0.120%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.27	−0.038%	$14.6M	$9.2M	10x	as long as short
Polymarket Perps MRVL-USDshort	+0.0050%	1h	259.26	−0.042%	$109K	$81K	10x
SoDEX MRVL-USD	+0.0050%	1h	259.44	+0.028%	$218	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.17	−0.077%	$592K	$927K	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0052%	8h	259.11	−0.100%	$741	$226K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	258.35	−0.393%	$319K	$803K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0068%	8h	259.34	−0.012%	—	—	5x	as long as short
KuCoin MRVLUSDTM	+0.0100%	8h	259.20	−0.065%	$514K	$69K	20x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	259.16	−0.080%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.38	+0.004%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.35	−0.007%	$18	—	10x	as long as short
Phoenix MRVL	+0.0217%	1h	259.32	−0.019%	$11K	$12K	10x	as long as short
Nado MRVL-PERP	+0.0218%	1h	259.24	−0.050%	$88K	$316K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.85	+0.957%	$11K	$629	12x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0367%	1h	259.39	+0.008%	$22K	$143K	10x	as long as short
edgeX MRVLUSDClong	+0.0712%	4h	259.37	long leg	$36K	$368K	10x