Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against KuCoin−0.412%67s7-day average +0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$244as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2462.458% of the position

Long on KuCoin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 3 days (all we have)+0.363%+$36 · spread now −0.412%, 7d avg +0.019%

Together, before fees+0.385%+$38 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.431% cheaper against KuCoin than usual: you would sell low and buy high, −$43 on $10k if it goes back to its 7-day average of +0.019%. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MRVLUSDTM	262.00	0.0100	pay 0.0100% / 8h	7h 48m	$519K	$69K	20x
Short	ApeX Omni MRVLUSDT	260.92	0.0100	get 0.0013% / 1h	48m 16s	$4K	$142K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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 KuCoinbpFee ApeX OmnibpOrdersPrice spread, now −0.412%Rate

Funding earned: $0
Price spread: −0.412% → +0.019%: −$43.15
Slippage, 4 orders: −$223.77
Fee KuCoin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$288.91
Costs to cover: 2.458%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; ApeX Omni: live order book, 23 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 KuCoin live order book, 4 min ago	4.99 bp	111.1 bp −$111	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 23 min ago	27.20 bp	38.4 bp −$38	201.1 bp −$2,011	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
Aster MRVLUSDT	0.0000%	8h	261.92	−0.032%	$316K	$327K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	262.08	+0.031%	$5.2M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	262.11	+0.042%	$7.1M	$22.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	262.13	+0.050%	$5.7M	$9.4M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	262.13	+0.050%	$5.6M	$16.5M	20x	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.26	−0.663%	$297	$221K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	262.11	+0.042%	$1K	$6.7M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	262.06	+0.023%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	261.82	−0.069%	$132K	$51K	50x	as long as short
Variational Omni MRVL	+0.0005%	8h	261.21	−0.300%	$724K	$767K	—	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MRVL-USDT	+0.0009%	8h	261.86	−0.053%	$376K	$171K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0015%	1h	260.71	−0.492%	$953	$52K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	258.35	−1.393%	$319K	$764K	10x	as long as short
QFEX MRVL-USD	+0.0027%	1h	262.05	+0.019%	$1.1M	$4.3M	10x	as long as short
Lighter MRVL	+0.0032%	1h	262.16	+0.061%	$96K	$209K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.94	−0.405%	$26K	$28K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	262.40	+0.153%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	261.98	−0.008%	$14.8M	$9.0M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	262.09	+0.034%	$105K	$86K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	261.58	−0.160%	$580K	$942K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0056%	8h	262.10	+0.039%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0059%	1h	262.04	+0.015%	$89K	$316K	10x	as long as short
Extended MRVL-USD	+0.0064%	1h	262.02	+0.006%	$47K	$239K	10x	as long as short
Binance MRVLUSDT	+0.0066%	8h	262.14	+0.053%	$24.4M	$114.9M	50x	as long as short
KuCoin MRVLUSDTMlong	+0.0100%	8h	262.00	long leg	$519K	$69K	20x
ApeX Omni MRVLUSDTshort	+0.0100%	1h	260.92	−0.412%	$4K	$142K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	262.04	+0.015%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	261.85	−0.059%	$18	—	10x	as long as short
Phoenix MRVL	+0.0216%	1h	260.21	−0.683%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	262.96	+0.366%	$11K	$638	12x	as long as short
edgeX MRVLUSDC	+0.0578%	4h	260.22	−0.678%	$37K	$369K	10x	as long as short
SoDEX MRVL-USD	+0.0880%	1h	261.90	−0.038%	$152	$14K	10x	as long as short