Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.028%
Price spread now: Lighter against Polymarket Perps+0.039%7-day average −0.114% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)−0.431%−$43 on $10k
+Price spread, last 4 days (all we have)−0.283%−$28 · spread now +0.039%, 7d avg −0.114%
=Together, before fees−0.714%+ Points / potential airdropLighter: Season 3 · farm board−$71 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.153% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.039% now, against its 7-day average of −0.114%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 28 days. At the pace of the last 6 days (−0.431% in total) that is about 2.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps MRVL-USD | 255.14 | 0.0050 | pay 0.0006% / 1h | 7m 47s | $99K | $80K | 10x |
| Short | Lighter MRVL | 255.24 | 0.0032 | get 0.0004% / 1h | 7m 47s | $88K | $167K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$3.78
- Price spread: +0.039% → −0.114%
- $15.29
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $3.51
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Polymarket Perps: no order-book sample; Lighter: live order book, 12 min ago. Net counts fees only.
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 no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 12 min ago | 2.55 bp | 3.8 bp −$4 | 8.9 bp −$89 | 18.8 bp −$1,876 | doesn't fit |
Polymarket Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MRVLUSDT | −0.0516% | 8h | 255.30 | +0.063% | $5.5M | $17.2M | 20x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | −0.0455% | 1h | 255.11 | −0.012% | $22K | $145K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | −0.0008% | 1h | 255.27 | +0.051% | $335K | $652K | 10x | as long as short |
| BloFin MRVL-USDT | −0.0001% | 8h | 255.23 | +0.035% | $365K | $188K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.27 | +0.052% | $301K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.13 | −0.003% | $50K | $303K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 255.16 | +0.010% | $23.5M | $113.8M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.22 | +0.031% | $5.0M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.05 | −0.035% | $6.8M | $24.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.18 | +0.016% | $5.1M | $8.7M | 50x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MRVL | 0.0000% | 8h | 255.09 | −0.018% | $714K | $468K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 255.14 | 0.000% | $967 | $187K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 255.15 | +0.004% | $1K | $5.9M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.23 | +0.035% | $131K | $47K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0016% | 1h | 255.12 | −0.008% | $751 | $46K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 255.20 | +0.024% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVLshort | +0.0032% | 1h | 255.24 | +0.039% | $88K | $167K | 10x | |
| Arcus MRVL-USD | +0.0040% | 1h | 255.00 | −0.055% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.53 | +0.153% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 255.14 | 0.000% | $14.1M | $9.1M | 10x | as long as short |
| Polymarket Perps MRVL-USDlong | +0.0050% | 1h | 255.14 | long leg | $99K | $80K | 10x | |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.16 | +0.008% | $168 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 255.18 | +0.016% | $532K | $848K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 255.20 | +0.023% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0060% | 1h | 255.30 | +0.063% | $87K | $272K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 255.09 | −0.020% | $504K | $74K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 255.11 | −0.012% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.26 | +0.047% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.23 | +0.036% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0125% | 1h | 255.31 | +0.067% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.02 | +1.129% | $11K | $827 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0522% | 4h | 255.15 | +0.003% | $36K | $373K | 10x | as long as short |
Polymarket Perps MRVL-USD
Lighter MRVL
Bitget MRVLUSDT
Deribit MRVL_USDC-PERPETUAL
Coinbase International MRVL-PERP-INTX
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
HTX MRVL-USDT
Aftermath Perps MRVLUSD
tradeXYZ xyz:MRVL
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC