Funding you earn now, next payment 02:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.03 per $10,000 · paid last 24h +0.049%
Price spread now: Nado against Polymarket Perps+0.040%7-day average −0.118% · 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−$31as in the Price arb table
costs, in and out, $10k−$460.463% of the position
Funding, last 3 days (all we have)+0.059%+$6 on $10k
+Price spread, last 3 days (all we have)−0.110%−$11 · spread now +0.040%, 7d avg −0.118%
=Together, before fees−0.051%+ Points / potential airdropNado: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Nado is 0.157% dearer against Polymarket Perps than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.118%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps MRVL-USD | 260.60 | 0.0050 | pay 0.0006% / 1h | 56m 30s | $104K | $81K | 10x |
| Short | Nado MRVL-PERP | 260.70 | 0.0072 | get 0.0009% / 1h | 56m 30s | $89K | $316K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $4.55
- Price spread: +0.040% → −0.118%
- $15.75
- Slippage, 4 orders
- −$31.35
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$26.05
- Costs to cover
- 0.463%
- Break-even
- 47.1 days
Slippage from Polymarket Perps: live order book, 10 min ago; Nado: live order book, 11 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 Polymarket Perps live order book, 10 min ago | 3.06 bp | 7.1 bp −$7 | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell Nado live order book, 11 min ago | 7.65 bp | 14.5 bp −$14 | 39.3 bp −$393 | 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 | −0.0019% | 8h | 260.63 | +0.012% | $375K | $170K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 260.83 | +0.088% | $314K | $329K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.60 | 0.000% | $5.1M | $4.0M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.56 | −0.015% | $7.1M | $22.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.78 | +0.069% | $5.6M | $8.6M | 50x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.69 | +0.035% | $978 | $6.6M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 260.63 | +0.012% | $23K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 261.11 | +0.196% | $132K | $45K | 50x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0008% | 1h | 260.67 | +0.027% | $335K | $720K | 10x | as long as short |
| Aftermath Perps MRVLUSD | +0.0011% | 1h | 261.00 | +0.153% | $886 | $51K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX MRVL-USD | +0.0023% | 1h | 260.61 | +0.004% | $1.1M | $4.1M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 260.74 | +0.054% | $95K | $205K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.78 | +0.069% | $26K | $28K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 261.01 | +0.157% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 260.58 | −0.008% | $14.7M | $8.3M | 10x | as long as short |
| Polymarket Perps MRVL-USDlong | +0.0050% | 1h | 260.60 | long leg | $104K | $81K | 10x | |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.70 | +0.038% | $120 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.48 | −0.046% | $567K | $909K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 260.70 | +0.040% | — | — | 5x | as long as short |
| Variational Omni MRVL | +0.0061% | 8h | 261.26 | +0.255% | $725K | $763K | — | as long as short |
| Nado MRVL-PERPshort | +0.0072% | 1h | 260.70 | +0.040% | $89K | $316K | 10x | |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 260.88 | +0.107% | $516K | $67K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.91 | +0.119% | $4K | $142K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.77 | +0.065% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.70 | +0.040% | $18 | — | 10x | as long as short |
| edgeX MRVLUSDC | +0.0105% | 4h | 261.24 | +0.245% | $37K | $368K | 10x | as long as short |
| Extended MRVL-USD | +0.0112% | 1h | 260.73 | +0.050% | $47K | $350K | 10x | as long as short |
| Binance MRVLUSDT | +0.0112% | 8h | 260.72 | +0.045% | $24.2M | $114.2M | 50x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0209% | 8h | 261.12 | +0.200% | $1K | $198K | 10x | as long as short |
| Phoenix MRVL | +0.0216% | 1h | 261.33 | +0.280% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.90 | +1.266% | $11K | $672 | 12x | as long as short |
| Bitget MRVLUSDT | +0.0234% | 8h | 260.72 | +0.046% | $5.5M | $16.5M | 20x | as long as short |
Polymarket Perps MRVL-USD
BloFin MRVL-USDT
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Coinbase International MRVL-PERP-INTX
Aftermath Perps MRVLUSD
Lighter MRVL
tradeXYZ xyz:MRVL
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
Variational Omni MRVL
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
edgeX MRVLUSDC
Extended MRVL-USD
Binance MRVLUSDT
GRVT MRVL_USDT_Perp
Phoenix MRVL
Injective MRVL/USDC PERP
Bitget MRVLUSDT