Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.068%

Price spread now: Ondo Perps against Polymarket Perps−0.046%7-day average −0.157% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.373%−$37 on $10k

Price spread, last 3 days (all we have)−0.095%−$10 · spread now −0.046%, 7d avg −0.157%

Together, before fees−0.468%+ Points / potential airdropOndo Perps: Active · farm board−$47 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.111% dearer against Polymarket Perps than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.157%.

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 15s	$104K	$81K	10x
Short	Ondo Perps MRVL-USD.P	260.48	0.0050	get 0.0006% / 1h	56m 15s	$567K	$909K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee Ondo PerpsbpOrdersPrice spread, now −0.046%Rate

Funding earned: $0.08
Price spread: −0.046% → −0.157%: $11.08
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$1.84
Costs to cover: 0.130%
Break-even: 160.3 days

Slippage unknown: Polymarket Perps: live order book, 10 min ago; Ondo Perps: no order-book sample. 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 live order book, 10 min ago	3.06 bp	7.1 bp −$7	8.7 bp −$87	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo 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
BloFin MRVL-USDT	−0.0019%	8h	260.63	+0.012%	$375K	$170K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	260.79	+0.074%	$314K	$329K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.63	+0.012%	$5.1M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.66	+0.023%	$7.0M	$22.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.61	+0.004%	$5.6M	$8.6M	50x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.73	+0.050%	$978	$6.6M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	260.55	−0.019%	$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	260.64	+0.015%	$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	260.68	+0.031%	$136	$15K	10x	as long as short
Ondo Perps MRVL-USD.Pshort	+0.0050%	1h	260.48	−0.046%	$567K	$909K	10x
Paradex MRVL-USD-PERP	+0.0052%	8h	260.70	+0.040%	—	—	5x	as long as short
Variational Omni MRVL	+0.0057%	8h	260.69	+0.034%	$724K	$759K	—	as long as short
Nado MRVL-PERP	+0.0072%	1h	260.70	+0.040%	$89K	$316K	10x	as long as short
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	260.73	+0.050%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.66	+0.023%	$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	260.65	+0.020%	$47K	$350K	10x	as long as short
Binance MRVLUSDT	+0.0112%	8h	260.74	+0.054%	$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	260.68	+0.031%	$5.5M	$16.5M	20x	as long as short