Funding you earn now, next payment 12:00 UTC+0.0117%/8h= +12.8% APRnext payment +$0.15 per $10,000 · paid last 24h +0.021%
Price spread now: Polymarket Perps against Lighter0.000%7-day average +0.110% · 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−$39as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 6 days (all we have)+0.434%+$43 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now 0.000%, 7d avg +0.110%
=Together, before fees+0.522%+ Points / potential airdropLighter: Season 3 · farm board+$52 on $10k · with fees, hour by hour
Funding pays, the price is against you. Polymarket Perps is 0.110% cheaper against Lighter than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.110%). If the spread goes back, that is −$11 on $10k: about 3.1 days of funding at the current rate (+$4 a day). At the pace of the last 6 days (+0.434% in total) that is about 35 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MRVL | 256.08 | 0.0032 | pay 0.0004% / 1h | 58m 26s | $103K | $182K | 10x |
| Short | Polymarket Perps MRVL-USD | 256.08 | 0.0149 | get 0.0019% / 1h | 58m 26s | $77K | $128K | 10x |
Lighter MRVL
Polymarket Perps MRVL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Lighter. 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
- $24.58
- Price spread: 0.000% → +0.110%
- −$10.96
- Slippage, 4 orders
- −$19.74
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$14.12
- Costs to cover
- 0.277%
- Break-even
- 11.0 days
Slippage from Lighter: live order book, 38 min ago; Polymarket Perps: live order book, 58 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 Lighter live order book, 38 min ago | 1.37 bp | 7.0 bp −$7 | 16.9 bp −$169 | 27.6 bp −$2,756 | doesn't fit |
| Sell Polymarket Perps live order book, 58 min ago | 2.53 bp | 6.8 bp −$7 | 8.3 bp −$83 | doesn't fit | doesn't fit |
MRVL on 32 exchanges
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 | 256.27 | +0.074% | $302K | $339K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 256.19 | +0.043% | $46K | $281K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 256.11 | +0.011% | $23.5M | $120.5M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 256.12 | +0.016% | $4.9M | $4.3M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 256.03 | −0.020% | $6.9M | $26.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 256.25 | +0.066% | $4.9M | $8.4M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 256.07 | −0.004% | $5.5M | $19.4M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 256.45 | +0.145% | $713K | $216K | — | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 256.49 | +0.160% | $1K | $5.2M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 256.71 | +0.246% | $22K | $146K | 10x | as long as short |
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUALShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX MRVL-USDT | 0.0000% | 8h | 256.44 | +0.141% | $132K | $44K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0003% | 8h | 256.80 | +0.281% | $379K | $216K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0009% | 1h | 256.40 | +0.126% | $1K | $41K | 10x | as long as short |
| Nado MRVL-PERP | +0.0016% | 1h | 255.95 | −0.049% | $87K | $275K | 10x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0020% | 8h | 256.55 | +0.184% | $852 | $179K | 10x | as long as short |
| QFEX MRVL-USD | +0.0026% | 1h | 256.14 | +0.023% | $1.2M | $3.4M | 10x | as long as short |
| Lighter MRVLlong | +0.0032% | 1h | 256.08 | long leg | $103K | $182K | 10x | |
| Injective MRVL/USDC PERP | +0.0033% | 1h | 256.63 | +0.215% | $11K | $819 | 12x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 255.99 | −0.035% | $22K | $21K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 256.49 | +0.160% | — | $46K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 255.83 | −0.098% | $14.1M | $9.0M | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 256.28 | +0.078% | $544K | $864K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 256.16 | +0.029% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 256.38 | +0.117% | $506K | $295K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 256.64 | +0.219% | $4K | $144K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 256.60 | +0.203% | $2K | $2K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 256.57 | +0.192% | $18 | — | 10x | as long as short |
| Polymarket Perps MRVL-USDshort | +0.0149% | 1h | 256.08 | 0.000% | $77K | $128K | 10x | |
| Coinbase International MRVL-PERP-INTX | +0.0160% | 1h | 256.80 | +0.281% | $320K | $427K | 10x | as long as short |
| Phoenix MRVL | +0.0187% | 1h | 256.55 | +0.184% | $11K | $12K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0231% | 1h | 256.56 | +0.187% | $159 | $15K | 10x | as long as short |
| edgeX MRVLUSDC | +0.0237% | 4h | 256.47 | +0.153% | $36K | $377K | 10x | as long as short |
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Nado MRVL-PERP
GRVT MRVL_USDT_Perp
QFEX MRVL-USD
Injective MRVL/USDC PERP
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Coinbase International MRVL-PERP-INTX
Phoenix MRVL
SoDEX MRVL-USD
edgeX MRVLUSDC