MRVL funding rates

MRVL perpetual funding across 11 venues. Rates are annualized (APR); positive means longs pay shorts.

· refreshed every 5 min

Best pair · 7d
7.2%long Nado, short Gate · net 1.5%
Highest funding now
10.9%RWA Perp
Lowest funding now
0.0%Aster
Listed on
11 venues

Funding by venue

7d chartFlagsOpen
RWA PerpPERP_MRVL_USDC_mythos10.9%11.1%11.0%10.3%11.0%100%8h08:00276.20$2k$0TradFiRwRWA Perp
PolymarketMRVL-USD5.5%5.1%5.2%11.7%5.2%94%1h04:00275.88$69k$561TradFiPmPolymarket
LighterMRVL3.5%4.3%3.6%3.0%3.5%99%1h04:00275.69$70k$15kTradFiLiLighter
NadoMRVL-PERP_USDT01.9%−1.1%−1.3%5.5%−1.4%46%1h04:00276.20$68k$4kTradFiNaNado
AsterMRVLUSDT0.0%0.0%1.7%0.9%2.0%20%8h08:00276.33$307k$477kTradFiAsAster
ExtendedMRVL-USD0.0%0.0%0.2%0.1%0.3%2%1h04:00275.92$28k$78kTradFiExExtended
GRVTMRVL_USDT_Perp0.0%0.0%0.3%0.6%0.4%1%8h08:00276.22$7k$260kTradFiGrGRVT
VariationalMRVL0.0%0.0%0.2%−0.3%0.2%1%8h—275.70$308k$290kTradFiVaVariational
BybitCEXMRVLUSDT0.0%2.6%0.4%−1.5%0.0%1%8h08:00276.17$5.4M$284kTradFiByBybit
BitgetCEXMRVLUSDT0.0%0.0%−1.0%1.0%−1.2%5%8h08:00276.25$3.8M$531kTradFiBgBitget
GateCEXMRVL_USDT0.0%0.8%5.9%−2.8%6.7%19%8h08:00276.10$4.3M$694kTradFiGtGate

Sparklines: hourly funding APR over the last 7 days, zero line dashed.

Long/short pairs

Funding spreads, annualized: short-leg rate minus long-leg rate.
Spread APRAfter taker feesQuality
7d trendFlagsOpenCalc
VariationalLighter3.5%4.3%3.4%3.3%3.4%5.2%<0.1dweak$70k8h/1hTradFispread not incl.VaLicalc
NadoLighter1.6%5.4%4.9%−2.4%3.1%4.6%5.2dweak$68kTradFiNaLicalc
VariationalPolymarket5.5%5.1%5.0%10.9%2.9%4.4%5.8dsteady$69k8h/1hTradFiinvite onlyspread not incl.VaPmcalc
NadoPolymarket3.5%6.2%6.5%5.6%2.6%3.9%8.4dsteady$68kTradFiinvite onlyNaPmcalc
VariationalGateCEX0.0%0.8%5.7%−2.5%1.8%2.7%9.5dcooling$308kTradFispread not incl.VaGtcalc
BitgetCEXLighter3.5%4.3%4.6%2.0%1.5%2.2%9.5dweak$70k8h/1hTradFiBgLicalc
NadoGateCEX−1.9%1.9%7.2%−8.3%1.5%2.2%11dcooling$68k1h/8hTradFiNaGtcalc
ExtendedLighter3.5%4.3%3.3%2.9%2.0%3.1%5.5dweak$28klow OITradFiExLicalc
BitgetCEXPolymarket5.5%5.1%6.2%10.0%1.0%1.5%12dsteady$69k8h/1hTradFiinvite onlyBgPmcalc
ExtendedPolymarket5.5%5.1%4.9%10.5%1.5%2.3%9.6dweak$28klow OITradFiinvite onlyExPmcalc
GRVTLighter3.5%4.3%3.3%2.5%0.9%1.4%10dweak$7klow OI8h/1hTradFiGrLicalc
BybitCEXLighter3.5%1.7%3.2%4.5%0.3%0.5%12dweak$70k8h/1hTradFiByLicalc
ExtendedGateCEX0.0%0.8%5.6%−2.9%0.4%0.6%13dcooling$28klow OI1h/8hTradFiExGtcalc
GRVTPolymarket5.5%5.1%4.8%10.1%0.4%0.6%13dweak$7klow OI8h/1hTradFiinvite onlyGrPmcalc
BitgetCEXGateCEX0.0%0.8%6.9%−3.8%−0.1%−0.2%14dcooling$3.8MTradFiBgGtcalc
BybitCEXPolymarket5.5%2.5%4.8%12.7%−0.2%−0.2%14dsteady$69k8h/1hTradFiinvite onlyByPmcalc
AsterLighter3.5%4.3%1.9%2.1%−0.2%−0.3%16dweak$70k8h/1hTradFiAsLicalc
LighterPolymarket2.0%0.8%1.6%8.2%−0.5%−0.7%18dweak$69kTradFiinvite onlyLiPmcalc
VariationalAster0.0%0.0%1.6%1.2%−0.5%−0.8%19dweak$307kTradFispread not incl.VaAscalc
NadoVariational−1.9%1.1%1.5%−5.7%−0.4%−0.5%17dmixed$68k1h/8hTradFispread not incl.NaVacalc
AsterPolymarket5.5%5.1%3.4%10.6%−0.7%−1.1%17dweak$69k8h/1hTradFiinvite onlyAsPmcalc
BybitCEXGateCEX0.0%−1.9%5.5%−1.3%−1.3%−1.9%17dcooling$4.3MTradFiByGtcalc
GRVTGateCEX0.0%0.8%5.5%−3.4%−0.7%−1.1%16dcooling$7klow OITradFiGrGtcalc
NadoAster−1.9%1.1%3.1%−4.5%−0.9%−1.3%18dmixed$68k1h/8hTradFiNaAscalc
AsterGateCEX0.0%0.8%4.2%−3.7%−1.8%−2.8%20dweak$307kTradFiAsGtcalc
BitgetCEXVariational0.0%0.0%1.2%−1.3%−2.0%−2.9%38dweak$308kTradFispread not incl.BgVacalc
VariationalExtended0.0%0.0%0.1%0.4%−1.2%−1.8%198dweak$28klow OI8h/1hTradFispread not incl.VaExcalc
BitgetCEXAster0.0%0.0%2.7%−0.1%−2.5%−3.7%27dweak$307kTradFiBgAscalc
VariationalBybitCEX0.0%2.6%0.2%−1.2%−2.6%−4.0%178dweak$308kTradFispread not incl.VaBycalc
LighterGateCEX−3.5%−3.5%2.3%−5.8%−1.6%−2.4%24dmixed$70k1h/8hTradFiLiGtcalc
BybitCEXAster0.0%−2.6%1.4%2.4%−3.6%−5.4%51dweak$307kTradFiByAscalc
ExtendedAster0.0%0.0%1.5%0.8%−1.9%−2.9%32dweak$28klow OI1h/8hTradFiExAscalc
VariationalGRVT0.0%0.0%0.2%0.8%−2.2%−3.2%177dweak$7klow OITradFispread not incl.VaGrcalc
BitgetCEXBybitCEX0.0%2.6%1.4%−2.5%−4.6%−6.9%60dweak$3.8MTradFiBgBycalc
NadoBybitCEX−1.9%3.7%1.7%−7.0%−3.0%−4.5%39dmixed$68k1h/8hTradFiNaBycalc
GRVTAster0.0%0.0%1.4%0.3%−3.0%−4.6%45dweak$7klow OITradFiGrAscalc
GateCEXLighter3.5%3.5%−2.3%5.8%−6.2%−9.3%—weak$70k8h/1hTradFiGtLicalc
NadoExtended−1.9%1.1%1.6%−5.3%−1.6%−2.3%28dmixed$28klow OITradFiNaExcalc
BitgetCEXExtended0.0%0.0%1.3%−0.9%−3.2%−4.8%49dweak$28klow OI8h/1hTradFiBgExcalc
VariationalNado1.9%−1.1%−1.5%5.7%−3.3%−4.9%—mixed$68k8h/1hTradFispread not incl.VaNacalc
GateCEXPolymarket5.5%4.3%−0.7%13.0%−6.7%−10.1%—weak$69k8h/1hTradFiinvite onlyGtPmcalc
ExtendedGRVT0.0%0.0%0.1%0.4%−3.6%−5.3%543dweak$7klow OI1h/8hTradFiExGrcalc
ExtendedBybitCEX0.0%2.6%0.1%−1.6%−4.0%−6.1%438dweak$28klow OI1h/8hTradFiExBycalc
BitgetCEXGRVT0.0%0.0%1.4%−0.4%−4.1%−6.2%57dweak$7klow OITradFiBgGrcalc
NadoBitgetCEX−1.9%1.1%0.3%−4.4%−4.6%−7.0%224dmixed$68k1h/8hTradFiNaBgcalc
NadoGRVT−1.9%1.1%1.7%−4.9%−2.5%−3.8%35dmixed$7klow OI1h/8hTradFiNaGrcalc
GRVTBybitCEX0.0%2.6%0.0%−2.1%−5.2%−7.8%>999dweak$7klow OITradFiGrBycalc
BitgetCEXNado1.9%−1.1%−0.3%4.4%−5.3%−7.9%—mixed$68k8h/1hTradFiBgNacalc
PolymarketGateCEX−5.5%−4.3%0.7%−13.0%−5.3%−7.9%119dmixed$69k1h/8hTradFiinvite onlyPmGtcalc
BybitCEXNado1.9%−3.7%−1.7%7.0%−6.4%−9.6%—mixed$68k8h/1hTradFiByNacalc
AsterNado1.9%−1.1%−3.1%4.5%−7.0%−10.4%—mixed$68k8h/1hTradFiAsNacalc
ExtendedNado1.9%−1.1%−1.6%5.3%−4.7%−7.0%—mixed$28klow OITradFiExNacalc
GRVTNado1.9%−1.1%−1.7%4.9%−5.8%−8.7%—mixed$7klow OI8h/1hTradFiGrNacalc
GateCEXNado1.9%−1.9%−7.2%8.3%−12.9%−19.4%—mixed$68k8h/1hTradFiGtNacalc
What the columns and badges mean
now
Current funding spread APR: short-leg rate minus long-leg rate, annualized.
24h
Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d
Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
30d
Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
7d trend
Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
Net APR
7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
On capital
Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
Breakeven
Days of 7d-average funding needed to pay back open+close taker fees.
Min OI
Smaller open interest of the two legs, USD.
steady
Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
spike
The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
mixed
The spread was negative too often: not negative in only X% of hours over 7 days.
new
Less than 4 days of shared history in the prior week: stability cannot be judged yet.
weak
Prior-week spread under 5% APR: too small to call steady.
cooling
The prior week was solid, but the last 24h or the current spread is not positive.
≠ asset?
Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
stale
At least one leg has not updated for over 30 minutes.
low OI
Open interest under $50k on at least one leg — size carefully.
8h/1h
Funding intervals differ (8h vs 1h): payments are not simultaneous.
TradFi
Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
invite only
Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
spread not incl.
A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
CEX
Centralized exchange: trading needs an account with identity verification (KYC).

Prices now

Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.

Indicative · marks from 2026-10-12 03:16 UTC

Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.

MRVL · TradFi

No two venues give a usable spread right now.

MRVL: spread buying on the row's venue and selling on the column's venue
Buy ↓ · Sell →Aster276.333Bitget276.25GRVT276.22Nado276.201RWA Perp276.2Bybit276.17Gate276.1Extended275.924Polymarket275.88Variational275.701Lighter275.69
Lighter275.690.233%0.203%0.192%0.185%0.185%0.174%0.149%0.085%0.069%0.004%—
Variational275.7010.229%0.199%0.188%0.181%0.181%0.170%0.144%0.081%0.065%—−0.004%
Polymarket275.880.164%0.134%0.123%0.116%0.116%0.105%0.080%0.016%—−0.065%−0.069%
Extended275.9240.148%0.118%0.107%0.101%0.100%0.089%0.064%—−0.016%−0.081%−0.085%
Gate276.10.084%0.054%0.043%0.037%0.036%0.025%—−0.064%−0.080%−0.144%−0.149%
Bybit276.170.059%0.029%0.018%0.011%0.011%—−0.025%−0.089%−0.105%−0.170%−0.174%
RWA Perp276.20.048%0.018%0.007%0.000%—−0.011%−0.036%−0.100%−0.116%−0.181%−0.185%
Nado276.2010.048%0.018%0.007%—0.000%−0.011%−0.037%−0.101%−0.116%−0.181%−0.185%
GRVT276.220.041%0.011%—−0.007%−0.007%−0.018%−0.043%−0.107%−0.123%−0.188%−0.192%
Bitget276.250.030%—−0.011%−0.018%−0.018%−0.029%−0.054%−0.118%−0.134%−0.199%−0.203%
Aster276.333—−0.030%−0.041%−0.048%−0.048%−0.059%−0.084%−0.148%−0.164%−0.229%−0.233%
All quotes (11)
VenueBidAskQualityAgeVol 24hFlags
Aster276.333276.333mark7m$477kclosedno FX
BitgetCEX276.25276.25mark7m$531kclosedno FX
BybitCEX276.17276.17mark7m$284kclosedno FX
Extended275.924275.924mark7m$78kclosed
GateCEX276.1276.1mark7m$694kclosedno FX
GRVT276.22276.22mark7m$260kclosedno FX
Lighter275.69275.69mark7m$15kclosed
Nado276.201276.201mark7m$4kclosedno FX
Polymarket275.88275.88mark7m$561closed
RWA Perp276.2276.2mark7m$0closed
Variational275.701275.701mark7m$290kclosed

All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.

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