Settings8H · net · $10k
Funding arb · Price arb /

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0089%/8h= −9.8% APRnext payment $0.11 per $10,000 · paid last 24h −0.044%
Price spread now: Polymarket Perps against Nado+0.028%58s7-day average +0.120% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$620.617% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.058%−$6 on $10k
Price spread, last 3 days (all we have)+0.038%+$4 · spread now +0.028%, 7d avg +0.120%
Together, before fees−0.020%+ Points / potential airdropNado: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Polymarket Perps is 0.092% cheaper against Nado than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.120%). Swap the legs. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MRVL-PERP259.120.0139pay 0.0017% / 1h12m 37s$88K$316K10x
ShortPolymarket Perps MRVL-USD259.190.0050get 0.0006% / 1h12m 37s$108K$83K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Nado. 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

Funding earned
−$18.7
Price spread: +0.028% → +0.120%
−$9.2
Slippage, 4 orders
−$46.7
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$89.6
Costs to cover
0.617%
Break-even
never at this rate
Slippage from Nado: live order book, 65 min ago; Polymarket Perps: live order book, 64 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 65 min ago4.26 bp19.6 bp −$2031.2 bp −$312doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 64 min ago3.10 bp7.2 bp −$79.8 bp −$98doesn't fitdoesn't fit

MRVL on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MRVLUSDT0.0000%8h259.09−0.011%$313K$328K50xas long as short
Bybit MRVLUSDT0.0000%8h259.14+0.008%$5.1M$4.1M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h259.17+0.020%$7.1M$22.5M50xas long as short
Gate MRVL_USDT0.0000%8h259.22+0.039%$5.7M$9.8M50xas long as short
Bitget MRVLUSDT0.0000%8h259.24+0.047%$5.6M$16.6M20xas long as short
Variational Omni MRVL0.0000%8h259.35+0.088%$722K$764Kas long as short
SunX MRVL-USDT0.0000%8h259.21+0.035%$1K$6.8M10xas long as short
Deribit MRVL_USDC-PERPETUAL0.0000%1h259.18+0.024%$22K$143K10xas long as short
HTX MRVL-USDT0.0000%8h259.34+0.085%$131K$59K50xas long as short
BloFin MRVL-USDT+0.0007%8h259.18+0.024%$374K$170K50xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps MRVLUSD+0.0018%1h259.20+0.030%$880$53K10xas long as short
Lighter MRVL+0.0032%1h259.26+0.055%$96K$213K10xas long as short
Binance MRVLUSDT+0.0038%8h259.25+0.052%$24.3M$114.7M50xas long as short
QFEX MRVL-USD+0.0038%1h259.24+0.047%$1.1M$4.3M10xas long as short
Extended MRVL-USD+0.0040%1h259.19+0.029%$49K$206K10xas long as short
Arcus MRVL-USD+0.0040%1h259.01−0.042%$25K$29K5xas long as short
Vest MRVL-USD-PERP+0.0046%1h259.59+0.182%$46K25xas long as short
tradeXYZ xyz:MRVL+0.0050%1h259.12+0.001%$14.6M$9.1M10xas long as short
Polymarket Perps MRVL-USDshort+0.0050%1h259.19+0.028%$108K$83K10x
SoDEX MRVL-USD+0.0050%1h259.16+0.016%$176$14K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h259.08−0.015%$587K$934K10xas long as short
Paradex MRVL-USD-PERP+0.0060%8h259.13+0.005%5xas long as short
GRVT MRVL_USDT_Perp+0.0061%8h259.39+0.105%$700$224K10xas long as short
Coinbase International MRVL-PERP-INTX+0.0064%1h258.35−0.297%$319K$767K10xas long as short
KuCoin MRVLUSDTM+0.0100%8h259.10−0.007%$513K$68K20xas long as short
ApeX Omni MRVLUSDT+0.0100%1h259.16+0.016%$4K$142K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h259.20+0.031%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h259.20+0.032%$1810xas long as short
Nado MRVL-PERPlong+0.0139%1h259.12long leg$88K$316K10x
Phoenix MRVL+0.0217%1h259.32+0.078%$11K$12K10xas long as short
Injective MRVL/USDC PERP+0.0220%1h261.85+1.054%$11K$62912xas long as short
edgeX MRVLUSDC+0.0437%4h259.27+0.059%$36K$370K10xas long as short