Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.020%
Price spread now: KuCoin against Binance−0.067%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs−$252as in the Price arb table
costs, in and out, $10k−$2492.488% of the position
Funding, last 7 days+0.127%+$13 on $10k
+Price spread, last 4 days (all we have)−0.301%−$30 · spread now −0.067%, 7d avg −0.039%
=Funding pays, the price is against you. KuCoin is 0.028% cheaper against Binance than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of −0.039%). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MRVLUSDT | 255.60 | 0 | get 0.0000% / 8h | 49m 48s | $23.5M | $113.8M | 50x |
| Short | KuCoin MRVLUSDTM | 255.43 | 0.0100 | get 0.0100% / 8h | 49m 48s | $505K | $66K | 20x |
Binance MRVLUSDT
KuCoin MRVLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $21
- Price spread: −0.067% → −0.039%
- −$2.8
- Slippage, 4 orders
- −$226.83
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$230.63
- Costs to cover
- 2.488%
- Break-even
- 83.9 days
Slippage from Binance: live order book, 8 min ago; KuCoin: live order book, 54 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 Binance live order book, 8 min ago | 0.20 bp | 6.4 bp −$6 | 12.2 bp −$122 | 52.3 bp −$5,231 | doesn't fit |
| Sell KuCoin live order book, 54 min ago | 6.67 bp | 148.6 bp −$149 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MRVLUSDT | −0.0613% | 8h | 255.51 | −0.035% | $5.5M | $17.1M | 20x | as long as short |
| Coinbase International MRVL-PERP-INTX | −0.0008% | 1h | 254.95 | −0.254% | $335K | $651K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.43 | −0.066% | $301K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.30 | −0.117% | $46K | $309K | 10x | as long as short |
| Binance MRVLUSDTlong | 0.0000% | 8h | 255.60 | long leg | $23.5M | $113.8M | 50x | |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.46 | −0.055% | $5.0M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.48 | −0.047% | $6.8M | $24.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.40 | −0.078% | $5.2M | $8.6M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 255.03 | −0.225% | $709K | $463K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 255.36 | −0.094% | $401 | $191K | 10x | as long as short |
Bitget MRVLUSDT
Coinbase International MRVL-PERP-INTX
Aster MRVLUSDT
Extended MRVL-USD
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 255.21 | −0.153% | $2K | $5.9M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.04 | −0.219% | $131K | $47K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0009% | 8h | 255.02 | −0.227% | $366K | $186K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0016% | 1h | 255.17 | −0.168% | $632 | $46K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 255.19 | −0.160% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 255.46 | −0.055% | $88K | $167K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 254.97 | −0.246% | $23K | $27K | 5x | as long as short |
| Nado MRVL-PERP | +0.0045% | 1h | 255.07 | −0.208% | $87K | $272K | 10x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.41 | −0.074% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 255.31 | −0.113% | $14.1M | $9.1M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 254.93 | −0.262% | $100K | $83K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.11 | −0.192% | $184 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 254.92 | −0.266% | $532K | $858K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 255.06 | −0.213% | — | — | 5x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0064% | 1h | 255.13 | −0.184% | $22K | $145K | 10x | as long as short |
| KuCoin MRVLUSDTMshort | +0.0100% | 8h | 255.43 | −0.067% | $505K | $66K | 20x | |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 255.07 | −0.207% | $4K | $140K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.17 | −0.168% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.11 | −0.190% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0125% | 1h | 255.25 | −0.137% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.10 | +0.978% | $11K | $823 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0822% | 4h | 255.27 | −0.130% | $36K | $374K | 10x | as long as short |
SunX MRVL-USDT
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Nado MRVL-PERP
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
Deribit MRVL_USDC-PERPETUAL
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC