MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.024%

Price spread now: KuCoin against GRVT+0.154%7-day average −0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$238as in the Funding arb table

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

costs, in and out, $10k−$2522.515% of the position

Long on GRVT Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.131%+$13 on $10k

Price spread, last 4 days (all we have)−0.347%−$35 · spread now +0.154%, 7d avg −0.038%

Together, before fees−0.216%+ Points / potential airdropGRVT: Active · farm board−$22 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 0.193% dearer against GRVT than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT MRVL_USDT_Perp	255.09	0	get 0.0000% / 8h	49m 08s	$426	$191K	10x
Short	KuCoin MRVLUSDTM	255.48	0.0100	get 0.0100% / 8h	49m 08s	$505K	$66K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against GRVT. 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 GRVTbpFee KuCoinbpOrdersPrice spread, now +0.154%Rate

Funding earned: $21
Price spread: +0.154% → −0.038%: $19.26
Slippage, 4 orders: −$230.55
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$211.29
Costs to cover: 2.515%
Break-even: 77.4 days

Slippage from GRVT: live order book, 53 min ago; KuCoin: live order book, 55 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 GRVT live order book, 53 min ago	1.38 bp	8.0 bp −$8	20.6 bp −$206	doesn't fit	doesn't fit
Sell KuCoin live order book, 55 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	−0.0611%	8h	255.70	+0.240%	$5.5M	$17.1M	20x	as long as short
BloFin MRVL-USDT	−0.0020%	8h	255.60	+0.201%	$367K	$187K	50x	as long as short
Coinbase International MRVL-PERP-INTX	−0.0008%	1h	254.95	−0.054%	$335K	$651K	10x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.49	+0.159%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.43	+0.135%	$46K	$309K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.67	+0.229%	$23.5M	$113.8M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.54	+0.178%	$5.0M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.59	+0.197%	$6.8M	$24.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.53	+0.174%	$5.2M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.03	−0.024%	$709K	$463K	—	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MRVL_USDT_Perplong	0.0000%	8h	255.09	long leg	$426	$191K	10x
SunX MRVL-USDT	0.0000%	8h	255.66	+0.225%	$2K	$5.9M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.04	−0.018%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0016%	1h	255.36	+0.106%	$632	$46K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.39	+0.119%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.50	+0.162%	$88K	$167K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.02	−0.026%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.59	+0.197%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.44	+0.138%	$14.1M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.32	+0.091%	$100K	$84K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.40	+0.123%	$179	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.92	−0.065%	$532K	$858K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	255.49	+0.157%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0062%	1h	255.37	+0.110%	$87K	$272K	10x	as long as short
KuCoin MRVLUSDTMshort	+0.0100%	8h	255.48	+0.154%	$505K	$66K	20x
ApeX Omni MRVLUSDT	+0.0100%	1h	255.07	−0.007%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.58	+0.193%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.53	+0.172%	$18	—	10x	as long as short
Phoenix MRVL	+0.0125%	1h	255.25	+0.064%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.10	+1.181%	$11K	$823	12x	as long as short
edgeX MRVLUSDC	+0.0255%	4h	255.06	−0.011%	$36K	$374K	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0259%	1h	255.54	+0.178%	$22K	$145K	10x	as long as short