diff --git a/changelog/10406.bugfix.rst b/changelog/10406.bugfix.rst
new file mode 100644
index 00000000000..ffe536dd190
--- /dev/null
+++ b/changelog/10406.bugfix.rst
@@ -0,0 +1 @@
+Parameter-set marks now take precedence over less specific function, class, and module marks when pytest resolves markers and per-test ``filterwarnings`` overrides.
diff --git a/src/_pytest/nodes.py b/src/_pytest/nodes.py
index f0629c2daf7..2d0c67b822f 100644
--- a/src/_pytest/nodes.py
+++ b/src/_pytest/nodes.py
@@ -344,10 +344,18 @@ def iter_markers_with_node(
         :returns: An iterator of (node, mark) tuples.
         """
         for node in self.iter_parents():
-            for mark in node.own_markers:
+            for mark in node._iter_own_markers_closest_first():
                 if name is None or getattr(mark, "name", None) == name:
                     yield node, mark
 
+    def _iter_own_markers_closest_first(self) -> Iterator[Mark]:
+        """Iterate this node's markers from closest to farthest."""
+        yield from self.own_markers
+
+    def _iter_own_markers_farthest_first(self) -> Iterator[Mark]:
+        """Iterate this node's markers from farthest to closest."""
+        yield from self.own_markers
+
     @overload
     def get_closest_marker(self, name: str) -> Mark | None: ...
 
diff --git a/src/_pytest/python.py b/src/_pytest/python.py
index 4f168012c36..d68b1d42ff9 100644
--- a/src/_pytest/python.py
+++ b/src/_pytest/python.py
@@ -1706,10 +1706,14 @@ def __init__(
         # Note: when FunctionDefinition is introduced, we should change ``originalname``
         # to a readonly property that returns FunctionDefinition.name.
 
+        self._prepended_mark_count = 0
         self.own_markers.extend(get_unpacked_marks(self.obj))
+        self._static_function_mark_count = len(self.own_markers)
+        self._callspec_mark_count = 0
         if callspec:
             self.callspec = callspec
             self.own_markers.extend(callspec.marks)
+            self._callspec_mark_count = len(callspec.marks)
 
         # todo: this is a hell of a hack
         # https://github.com/pytest-dev/pytest/issues/4569
@@ -1734,6 +1738,39 @@ def from_parent(cls, parent, **kw) -> Self:
         """The public constructor."""
         return super().from_parent(parent=parent, **kw)
 
+    def add_marker(self, marker: str | MarkDecorator, append: bool = True) -> None:
+        super().add_marker(marker=marker, append=append)
+        if not append:
+            self._prepended_mark_count += 1
+
+    def _iter_own_markers_closest_first(self) -> Iterator[Mark]:
+        if not self._callspec_mark_count:
+            yield from self.own_markers
+            return
+
+        prepended_end = self._prepended_mark_count
+        static_end = prepended_end + self._static_function_mark_count
+        callspec_end = static_end + self._callspec_mark_count
+
+        yield from self.own_markers[:prepended_end]
+        yield from self.own_markers[static_end:callspec_end]
+        yield from self.own_markers[prepended_end:static_end]
+        yield from self.own_markers[callspec_end:]
+
+    def _iter_own_markers_farthest_first(self) -> Iterator[Mark]:
+        if not self._callspec_mark_count and not self._prepended_mark_count:
+            yield from self.own_markers
+            return
+
+        prepended_end = self._prepended_mark_count
+        static_end = prepended_end + self._static_function_mark_count
+        callspec_end = static_end + self._callspec_mark_count
+
+        yield from self.own_markers[callspec_end:]
+        yield from self.own_markers[prepended_end:static_end]
+        yield from self.own_markers[static_end:callspec_end]
+        yield from self.own_markers[:prepended_end]
+
     def _initrequest(self) -> None:
         self.funcargs: dict[str, object] = {}
         self._request = fixtures.TopRequest(self, _ispytest=True)
diff --git a/src/_pytest/warnings.py b/src/_pytest/warnings.py
index 2c721d6e3c9..aff2398c709 100644
--- a/src/_pytest/warnings.py
+++ b/src/_pytest/warnings.py
@@ -34,9 +34,14 @@ def catch_warnings_for_item(
         # apply filters from "filterwarnings" marks
         nodeid = "" if item is None else item.nodeid
         if item is not None:
-            for mark in item.iter_markers(name="filterwarnings"):
-                for arg in mark.args:
-                    warnings.filterwarnings(*parse_warning_filter(arg, escape=False))
+            for node in reversed(list(item.iter_parents())):
+                for mark in node._iter_own_markers_farthest_first():
+                    if mark.name != "filterwarnings":
+                        continue
+                    for arg in mark.args:
+                        warnings.filterwarnings(
+                            *parse_warning_filter(arg, escape=False)
+                        )
 
         try:
             yield
diff --git a/testing/test_mark.py b/testing/test_mark.py
index 253cda94503..5602a43e3f2 100644
--- a/testing/test_mark.py
+++ b/testing/test_mark.py
@@ -1133,6 +1133,7 @@ class TestBarClass(BaseTests):
 def test_addmarker_order(pytester) -> None:
     session = mock.Mock()
     session.own_markers = []
+    session._iter_own_markers_closest_first.return_value = iter(())
     session.parent = None
     session.nodeid = ""
     session.path = pytester.path
@@ -1182,6 +1183,14 @@ def test_custom_mark_parametrized(obj_type):
     result.assert_outcomes(passed=4)
 
 
+def test_parametrize_marks_are_closest(pytester: Pytester) -> None:
+    # fmt: off
+    pytester.makepyfile('import pytest\n@pytest.mark.custom_mark("module")\nclass TestMarkers:\n    @pytest.mark.custom_mark("function")\n    @pytest.mark.parametrize("_", [pytest.param(None, marks=pytest.mark.custom_mark("parametrize"))])\n    def test_marker_order(self, _, request):\n        assert [mark.args[0] for mark in request.node.iter_markers("custom_mark")] == ["parametrize", "function", "module"]\n        assert request.node.get_closest_marker("custom_mark").args[0] == "parametrize"\n')  # noqa: E501
+    # fmt: on
+    result = pytester.runpytest()
+    result.assert_outcomes(passed=1)
+
+
 def test_pytest_param_id_requires_string() -> None:
     with pytest.raises(TypeError) as excinfo:
         pytest.param(id=True)  # type: ignore[arg-type]
diff --git a/testing/test_warnings.py b/testing/test_warnings.py
index 6b439eb4b33..6f300b73a13 100644
--- a/testing/test_warnings.py
+++ b/testing/test_warnings.py
@@ -209,6 +209,31 @@ def test_show_warning():
     result.stdout.fnmatch_lines(["*= 1 failed, 2 passed, 1 warning in *"])
 
 
+def test_filterwarnings_parametrize_mark_is_most_specific(pytester: Pytester) -> None:
+    # fmt: off
+    pytester.makepyfile('import pytest\nimport warnings\n@pytest.mark.filterwarnings("error")\nclass TestMarkClass:\n    @pytest.mark.parametrize("_", [pytest.param(None, marks=pytest.mark.filterwarnings("ignore"))])\n    def test_class_mark(self, _):\n        warnings.warn("class")\nclass TestMarkMethods:\n    @pytest.mark.filterwarnings("error")\n    @pytest.mark.parametrize("_", [pytest.param(None, marks=pytest.mark.filterwarnings("ignore"))])\n    def test_function_mark_before_parametrize(self, _):\n        warnings.warn("function-before")\n    @pytest.mark.parametrize("_", [pytest.param(None, marks=pytest.mark.filterwarnings("ignore"))])\n    @pytest.mark.filterwarnings("error")\n    def test_function_mark_after_parametrize(self, _):\n        warnings.warn("function-after")\n')  # noqa: E501
+    # fmt: on
+    result = pytester.runpytest("-q")
+    result.stdout.fnmatch_lines(["*3 passed*"])
+
+
+def test_filterwarnings_mark_preserves_decorator_order(pytester: Pytester) -> None:
+    # fmt: off
+    pytester.makepyfile('import pytest\nimport warnings\n@pytest.mark.filterwarnings("ignore:api v1")\n@pytest.mark.filterwarnings("error")\ndef test_decorator_order():\n    warnings.warn(UserWarning("api v1"))\n')  # noqa: E501
+    # fmt: on
+    result = pytester.runpytest("-q")
+    result.stdout.fnmatch_lines(["*1 passed*"])
+
+
+def test_filterwarnings_prepend_mark_is_most_specific(pytester: Pytester) -> None:
+    # fmt: off
+    pytester.makeconftest('import pytest\ndef pytest_collection_modifyitems(items):\n    for item in items:\n        item.add_marker(pytest.mark.filterwarnings("error"), append=False)\n')  # noqa: E501
+    pytester.makepyfile('import pytest\nimport warnings\n@pytest.mark.parametrize("_", [pytest.param(None, marks=pytest.mark.filterwarnings("ignore"))])\ndef test_prepend_mark(_, request):\n    assert request.node.get_closest_marker("filterwarnings").args[0] == "error"\n    warnings.warn("prepend")\n')  # noqa: E501
+    # fmt: on
+    result = pytester.runpytest("-q")
+    result.stdout.fnmatch_lines(["*1 failed in *"])
+
+
 def test_non_string_warning_argument(pytester: Pytester) -> None:
     """Non-str argument passed to warning breaks pytest (#2956)"""
     pytester.makepyfile(