Funding you earn now, next payment 02:00 UTC−0.0027%/8h= −2.9% APRnext payment −$0.03 per $10,000 · paid last 24h −0.064%
Price spread now: QFEX against Polymarket Perps−0.023%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$270.269% of the position
Funding, last 3 days (all we have)−0.410%−$41 on $10k
+Price spread, last 4 days (all we have)−0.204%−$20 · spread now −0.023%, 7d avg −0.103%
=The price spread pays, funding is against you. QFEX is 0.080% dearer against Polymarket Perps than usual: you sell high and buy low (spread −0.023% now, against its 7-day average of −0.103%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.9 days. At the pace of the last 3 days (−0.410% in total) that is about 16 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps MRVL-USD | 259.43 | 0.0050 | pay 0.0006% / 1h | 35m 45s | $104K | $77K | 10x |
| Short | QFEX MRVL-USD | 259.37 | 0.0023 | get 0.0003% / 1h | 35m 45s | $1.1M | $3.9M | 10x |
Polymarket Perps MRVL-USD
QFEX MRVL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$5.61
- Price spread: −0.023% → −0.103%
- $7.97
- Slippage, 4 orders
- −$8.88
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$24.52
- Costs to cover
- 0.269%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 31 min ago; QFEX: live order book, 2 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, 31 min ago | 3.06 bp | 7.1 bp −$7 | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 2 min ago | 1.35 bp | 6.3 bp −$6 | 7.8 bp −$78 | 16.5 bp −$1,654 | 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 | −0.0023% | 8h | 260.60 | +0.451% | $378K | $171K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 259.52 | +0.035% | $311K | $329K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 259.33 | −0.039% | $5.1M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 259.33 | −0.039% | $7.0M | $22.1M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 259.40 | −0.012% | $5.6M | $8.7M | 50x | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 259.91 | +0.185% | $982 | $194K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 259.57 | +0.054% | $1K | $6.4M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 259.39 | −0.015% | $22K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 259.86 | +0.166% | $131K | $41K | 50x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0008% | 1h | 259.18 | −0.096% | $333K | $636K | 10x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Coinbase International MRVL-PERP-INTXShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps MRVLUSD | +0.0013% | 1h | 259.84 | +0.159% | $920 | $51K | 10x | as long as short |
| Bitget MRVLUSDT | +0.0020% | 8h | 259.45 | +0.008% | $5.6M | $16.3M | 20x | as long as short |
| QFEX MRVL-USDshort | +0.0023% | 1h | 259.37 | −0.023% | $1.1M | $3.9M | 10x | |
| Variational Omni MRVL | +0.0028% | 8h | 259.48 | +0.021% | $721K | $655K | — | as long as short |
| Lighter MRVL | +0.0032% | 1h | 259.41 | −0.008% | $95K | $205K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 259.59 | +0.062% | $25K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 259.79 | +0.139% | — | $43K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 259.26 | −0.066% | $14.6M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USDlong | +0.0050% | 1h | 259.43 | long leg | $104K | $77K | 10x | |
| SoDEX MRVL-USD | +0.0050% | 1h | 259.45 | +0.008% | $88 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 259.26 | −0.066% | $566K | $691K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 259.36 | −0.028% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0078% | 1h | 259.34 | −0.033% | $89K | $319K | 10x | as long as short |
| Binance MRVLUSDT | +0.0084% | 8h | 259.46 | +0.013% | $24.1M | $110.4M | 50x | as long as short |
| Extended MRVL-USD | +0.0088% | 1h | 259.43 | −0.002% | $47K | $347K | 10x | as long as short |
| KuCoin MRVLUSDTM | +0.0100% | 8h | 259.60 | +0.066% | $513K | $64K | 20x | as long as short |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 259.91 | +0.185% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 259.51 | +0.031% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 259.49 | +0.022% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0153% | 1h | 260.19 | +0.293% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.37 | +1.519% | $11K | $676 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0924% | 4h | 259.80 | +0.143% | $37K | $370K | 10x | as long as short |
Aftermath Perps MRVLUSD
Bitget MRVLUSDT
Variational Omni MRVL
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Nado MRVL-PERP
Binance MRVLUSDT
Extended MRVL-USD
KuCoin MRVLUSDTM
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC