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 −0.030%

Price spread now: Aster against KuCoin+0.076%7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$296as in the Funding arb table

Net, price: spread back to 7d avg − costs−$271as in the Price arb table

costs, in and out, $10k−$2782.776% of the position

Long on KuCoin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.182%−$18 on $10k

Price spread, last 4 days (all we have)−0.086%−$9 · spread now +0.076%, 7d avg +0.013%

Together, before fees−0.268%+ Points / potential airdropAster: Stage 5 · farm board−$27 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.063% dearer against KuCoin than usual: you sell high and buy low (spread +0.076% now, against its 7-day average of +0.013%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MRVLUSDTM	255.09	0.0100	pay 0.0100% / 8h	8m 15s	$504K	$74K	20x
Short	Aster MRVLUSDT	255.28	0	get 0.0000% / 8h	8m 15s	$301K	$341K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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 AsterbpOrdersPrice spread, now +0.076%Rate

Funding earned: −$21
Price spread: +0.076% → +0.013%: $6.29
Slippage, 4 orders: −$257.56
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$292.27
Costs to cover: 2.776%
Break-even: never at this rate

Slippage from KuCoin: live order book, 26 min ago; Aster: live order book, 29 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, 26 min ago	5.09 bp	101.5 bp −$101	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 29 min ago	3.32 bp	21.6 bp −$22	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	−0.0516%	8h	255.32	+0.090%	$5.5M	$17.2M	20x	as long as short
Deribit MRVL_USDC-PERPETUAL	−0.0455%	1h	255.11	+0.008%	$22K	$145K	10x	as long as short
Coinbase International MRVL-PERP-INTX	−0.0008%	1h	255.27	+0.071%	$335K	$652K	10x	as long as short
BloFin MRVL-USDT	−0.0001%	8h	255.23	+0.055%	$365K	$188K	50x	as long as short
Aster MRVLUSDTshort	0.0000%	8h	255.28	+0.076%	$301K	$341K	50x
Extended MRVL-USD	0.0000%	1h	255.12	+0.011%	$50K	$303K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.21	+0.047%	$23.5M	$113.8M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.22	+0.051%	$5.0M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.12	+0.012%	$6.8M	$24.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.23	+0.055%	$5.1M	$8.7M	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MRVL	0.0000%	8h	255.09	+0.001%	$714K	$468K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.14	+0.020%	$967	$187K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	255.15	+0.024%	$1K	$5.9M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.23	+0.055%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0016%	1h	255.12	+0.012%	$751	$46K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.20	+0.043%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.24	+0.059%	$88K	$167K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.00	−0.035%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.53	+0.172%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.12	+0.012%	$14.1M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.14	+0.020%	$99K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.16	+0.027%	$168	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.18	+0.035%	$532K	$848K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.20	+0.043%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0060%	1h	255.30	+0.083%	$87K	$272K	10x	as long as short
KuCoin MRVLUSDTMlong	+0.0100%	8h	255.09	long leg	$504K	$74K	20x
ApeX Omni MRVLUSDT	+0.0100%	1h	255.11	+0.008%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.26	+0.067%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.23	+0.055%	$18	—	10x	as long as short
Phoenix MRVL	+0.0125%	1h	255.31	+0.086%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.02	+1.149%	$11K	$827	12x	as long as short
edgeX MRVLUSDC	+0.0522%	4h	255.15	+0.022%	$36K	$373K	10x	as long as short