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 − 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−$620.617% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MRVL-PERP | 259.12 | 0.0139 | pay 0.0017% / 1h | 12m 37s | $88K | $316K | 10x |
| Short | Polymarket Perps MRVL-USD | 259.19 | 0.0050 | get 0.0006% / 1h | 12m 37s | $108K | $83K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Nado live order book, 65 min ago | 4.26 bp | 19.6 bp −$20 | 31.2 bp −$312 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 64 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRVLUSDT | 0.0000% | 8h | 259.09 | −0.011% | $313K | $328K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 259.14 | +0.008% | $5.1M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 259.17 | +0.020% | $7.1M | $22.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 259.22 | +0.039% | $5.7M | $9.8M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 259.24 | +0.047% | $5.6M | $16.6M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 259.35 | +0.088% | $722K | $764K | — | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 259.21 | +0.035% | $1K | $6.8M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 259.18 | +0.024% | $22K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 259.34 | +0.085% | $131K | $59K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0007% | 8h | 259.18 | +0.024% | $374K | $170K | 50x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 259.20 | +0.030% | $880 | $53K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 259.26 | +0.055% | $96K | $213K | 10x | as long as short |
| Binance MRVLUSDT | +0.0038% | 8h | 259.25 | +0.052% | $24.3M | $114.7M | 50x | as long as short |
| QFEX MRVL-USD | +0.0038% | 1h | 259.24 | +0.047% | $1.1M | $4.3M | 10x | as long as short |
| Extended MRVL-USD | +0.0040% | 1h | 259.19 | +0.029% | $49K | $206K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 259.01 | −0.042% | $25K | $29K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 259.59 | +0.182% | — | $46K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 259.12 | +0.001% | $14.6M | $9.1M | 10x | as long as short |
| Polymarket Perps MRVL-USDshort | +0.0050% | 1h | 259.19 | +0.028% | $108K | $83K | 10x | |
| SoDEX MRVL-USD | +0.0050% | 1h | 259.16 | +0.016% | $176 | $14K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 259.08 | −0.015% | $587K | $934K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0060% | 8h | 259.13 | +0.005% | — | — | 5x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0061% | 8h | 259.39 | +0.105% | $700 | $224K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0064% | 1h | 258.35 | −0.297% | $319K | $767K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 259.10 | −0.007% | $513K | $68K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 259.16 | +0.016% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 259.20 | +0.031% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 259.20 | +0.032% | $18 | — | 10x | as long as short |
| Nado MRVL-PERPlong | +0.0139% | 1h | 259.12 | long leg | $88K | $316K | 10x | |
| Phoenix MRVL | +0.0217% | 1h | 259.32 | +0.078% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 261.85 | +1.054% | $11K | $629 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0437% | 4h | 259.27 | +0.059% | $36K | $370K | 10x | as long as short |
Polymarket Perps MRVL-USD
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
Binance MRVLUSDT
Extended MRVL-USD
tradeXYZ xyz:MRVL
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
GRVT MRVL_USDT_Perp
Coinbase International MRVL-PERP-INTX
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC