Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.005%

Price spread now: KuCoin against Coinbase International+0.499%7-day average −0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$282as in the Funding arb table

Net, price: spread back to 7d avg − costs−$200as in the Price arb table

costs, in and out, $10k−$2532.534% of the position

Long on Coinbase International Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.288%−$29 on $10k

Price spread, last 4 days (all we have)−0.553%−$55 · spread now +0.499%, 7d avg −0.038%

Together, before fees−0.841%−$84 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.538% dearer against Coinbase International than usual: you sell high and buy low: +$54 more if the spread goes back to its 7-day average of −0.038%. Mind the row above: over the last 7 days funding on this pair cost −0.288%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International MRVL-PERP-INTX	254.33	0.0024	pay 0.0003% / 1h	17m 42s	$332K	$650K	10x
Short	KuCoin MRVLUSDTM	255.60	0.0100	get 0.0100% / 8h	1h 17m	$506K	$66K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 Coinbase InternationalbpFee KuCoinbpOrdersPrice spread, now +0.499%Rate

Funding earned: $15.96
Price spread: +0.499% → −0.038%: $53.77
Slippage, 4 orders: −$231.41
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$183.68
Costs to cover: 2.534%
Break-even: 87.6 days

Slippage from Coinbase International: live order book, 25 min ago; KuCoin: live order book, 26 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 Coinbase International live order book, 25 min ago	4.32 bp	9.3 bp −$9	14.0 bp −$140	doesn't fit	doesn't fit
Sell KuCoin live order book, 26 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	−0.0764%	8h	255.73	+0.550%	$5.6M	$17.1M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.60	+0.499%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.59	+0.494%	$47K	$270K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.67	+0.527%	$23.6M	$113.8M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.55	+0.480%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.57	+0.488%	$6.8M	$24.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.62	+0.507%	$5.2M	$8.7M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.49	+0.456%	$710K	$472K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.52	+0.468%	$802	$190K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	255.45	+0.440%	$1K	$6.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRVL-USDT	0.0000%	8h	255.23	+0.354%	$131K	$47K	50x	as long as short
BloFin MRVL-USDT	+0.0010%	8h	255.21	+0.346%	$363K	$185K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0014%	1h	255.22	+0.350%	$744	$47K	10x	as long as short
Coinbase International MRVL-PERP-INTXlong	+0.0024%	1h	254.33	long leg	$332K	$650K	10x
Lighter MRVL	+0.0032%	1h	255.64	+0.515%	$89K	$169K	10x	as long as short
QFEX MRVL-USD	+0.0034%	1h	255.41	+0.425%	$1.1M	$3.5M	10x	as long as short
Nado MRVL-PERP	+0.0039%	1h	255.18	+0.335%	$87K	$272K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.21	+0.346%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.59	+0.495%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.55	+0.480%	$14.1M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.16	+0.326%	$101K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.51	+0.464%	$97	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.50	+0.460%	$551K	$809K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.65	+0.519%	—	—	5x	as long as short
KuCoin MRVLUSDTMshort	+0.0100%	8h	255.60	+0.499%	$506K	$66K	20x
ApeX Omni MRVLUSDT	+0.0100%	1h	255.48	+0.452%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.58	+0.491%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.54	+0.475%	$18	—	10x	as long as short
edgeX MRVLUSDC	+0.0116%	4h	255.38	+0.413%	$36K	$373K	10x	as long as short
Phoenix MRVL	+0.0156%	1h	255.61	+0.503%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	257.82	+1.372%	$11K	$853	12x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0259%	1h	255.45	+0.440%	$22K	$145K	10x	as long as short