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 −0.020%

Price spread now: Binance against KuCoin−0.020%7-day average +0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$262as in the Funding arb table

Net, price: spread back to 7d avg − costs−$255as in the Price arb table

costs, in and out, $10k−$2492.489% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.127%−$13 on $10k

Price spread, last 4 days (all we have)+0.387%+$39 · spread now −0.020%, 7d avg +0.039%

Together, before fees+0.260%+$26 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.058% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.039%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MRVLUSDTM	255.57	0.0100	pay 0.0100% / 8h	35m 24s	$505K	$66K	20x
Short	Binance MRVLUSDT	255.52	0	get 0.0000% / 8h	35m 24s	$23.5M	$113.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.020%Rate

Funding earned: −$21
Price spread: −0.020% → +0.039%: −$5.81
Slippage, 4 orders: −$226.93
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$275.74
Costs to cover: 2.489%
Break-even: never at this rate

Slippage from KuCoin: live order book, 68 min ago; Binance: live order book, 8 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, 68 min ago	6.67 bp	86.1 bp −$86	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	0.20 bp	7.0 bp −$7	13.3 bp −$133	58.4 bp −$5,843	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	−0.0527%	8h	255.64	+0.027%	$5.5M	$17.2M	20x	as long as short
Coinbase International MRVL-PERP-INTX	−0.0008%	1h	255.42	−0.059%	$335K	$652K	10x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.53	−0.017%	$301K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.44	−0.051%	$50K	$308K	10x	as long as short
Binance MRVLUSDTshort	0.0000%	8h	255.52	−0.020%	$23.5M	$113.9M	50x
Bybit MRVLUSDT	0.0000%	8h	255.41	−0.063%	$5.0M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.43	−0.055%	$6.8M	$24.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.54	−0.012%	$5.2M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.45	−0.049%	$716K	$468K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.59	+0.009%	$391	$189K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	255.52	−0.020%	$2K	$5.9M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.47	−0.039%	$22K	$145K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.49	−0.031%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0017%	1h	255.49	−0.030%	$734	$46K	10x	as long as short
BloFin MRVL-USDT	+0.0022%	8h	255.62	+0.020%	$365K	$188K	50x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.46	−0.043%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.49	−0.031%	$88K	$167K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.40	−0.067%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.74	+0.067%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.37	−0.078%	$14.1M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.30	−0.106%	$99K	$86K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.57	0.000%	$225	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.44	−0.051%	$533K	$859K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.51	−0.023%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0059%	1h	255.54	−0.011%	$87K	$272K	10x	as long as short
KuCoin MRVLUSDTMlong	+0.0100%	8h	255.57	long leg	$505K	$66K	20x
ApeX Omni MRVLUSDT	+0.0100%	1h	255.71	+0.055%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.46	−0.043%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.48	−0.035%	$18	—	10x	as long as short
Phoenix MRVL	+0.0125%	1h	255.57	0.000%	$11K	$12K	10x	as long as short
edgeX MRVLUSDC	+0.0187%	4h	255.63	+0.023%	$36K	$374K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.27	+1.056%	$11K	$825	12x	as long as short