Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0105%/8h= +11.5% APRpaid last 24h +0.019%

Price spread now: KuCoin against Extended+0.088%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$228as in the Funding arb table

Net, price: spread back to 7d avg − costs−$232as in the Price arb table

costs, in and out, $10k−$2412.407% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.125%+$12 on $10k

Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.088%, 7d avg −0.002%

Together, before fees+0.074%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.091% dearer against Extended than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MRVL-USD	255.70	0	get 0.0000% / 1h	4m 45s	$46K	$265K	10x
Short	KuCoin MRVLUSDTM	255.93	0.0105	get 0.0105% / 8h	2h 04m	$506K	$64K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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 ExtendedbpFee KuCoinbpOrdersPrice spread, now +0.088%Rate

Funding earned: $22.05
Price spread: +0.088% → −0.002%: $9.07
Slippage, 4 orders: −$223.67
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$209.54
Costs to cover: 2.407%
Break-even: 73.5 days

Slippage from Extended: live order book, 42 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 Extended live order book, 42 min ago	0.98 bp	7.1 bp −$7	87.9 bp −$879	doesn't fit	doesn't fit
Sell KuCoin live order book, 54 min ago	4.30 bp	132.3 bp −$132	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	−0.0768%	8h	255.82	+0.045%	$5.6M	$17.0M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.79	+0.034%	$302K	$341K	50x	as long as short
Extended MRVL-USDlong	0.0000%	1h	255.70	long leg	$46K	$265K	10x
Binance MRVLUSDT	0.0000%	8h	255.74	+0.014%	$23.6M	$112.5M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.63	−0.029%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.73	+0.010%	$6.8M	$23.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.70	−0.002%	$5.2M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.06	+0.139%	$712K	$485K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	256.19	+0.190%	$648	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	255.88	+0.069%	$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
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.79	+0.034%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	256.08	+0.147%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	255.80	+0.036%	$632	$48K	10x	as long as short
BloFin MRVL-USDT	+0.0028%	8h	255.74	+0.014%	$361K	$182K	50x	as long as short
QFEX MRVL-USD	+0.0030%	1h	255.88	+0.069%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.66	−0.017%	$88K	$202K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.83	+0.049%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.13	+0.167%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.59	−0.045%	$14.1M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.68	−0.009%	$101K	$80K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.04	+0.131%	$566K	$754K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	255.90	+0.076%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0091%	1h	255.89	+0.073%	$87K	$272K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	253.60	−0.823%	$318K	$634K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	256.16	+0.178%	$4K	$139K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.94	+0.092%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.86	+0.060%	$18	—	10x	as long as short
KuCoin MRVLUSDTMshort	+0.0105%	8h	255.93	+0.088%	$506K	$64K	20x
SoDEX MRVL-USD	+0.0131%	1h	255.79	+0.034%	$169	$15K	10x	as long as short
Phoenix MRVL	+0.0157%	1h	256.41	+0.276%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+1.148%	$11K	$735	12x	as long as short
edgeX MRVLUSDC	+0.0334%	4h	256.17	+0.181%	$36K	$374K	10x	as long as short