Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.012%
Price spread now: Bitget against KuCoin−0.081%7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$234as in the Funding arb table
Net, price: spread back to 7d avg − costs−$244as in the Price arb table
costs, in and out, $10k−$2322.321% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now −0.081%, 7d avg +0.039%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.121% cheaper against KuCoin than usual: you would sell low and buy high (−$12 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 | 258.34 | 0.0100 | pay 0.0100% / 8h | 1h 07m | $512K | $69K | 20x |
| Short | Bitget MRVLUSDT | 258.13 | 0 | get 0.0000% / 8h | 1h 07m | $5.6M | $16.5M | 20x |
KuCoin MRVLUSDTM
Bitget MRVLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.081% → +0.039%
- −$12.07
- Slippage, 4 orders
- −$208.13
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$265.2
- Costs to cover
- 2.321%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 65 min ago; Bitget: live order book, 6 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, 65 min ago | 5.84 bp | 124.8 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 1.55 bp | 8.2 bp −$8 | 13.3 bp −$133 | 38.3 bp −$3,834 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado MRVL-PERP | −0.0007% | 1h | 258.07 | −0.105% | $87K | $316K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 258.32 | −0.008% | $311K | $328K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 258.15 | −0.075% | $49K | $206K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 258.11 | −0.088% | $24.2M | $114.9M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 258.03 | −0.120% | $5.1M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 258.14 | −0.077% | $7.1M | $22.4M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 258.20 | −0.054% | $5.5M | $9.9M | 50x | as long as short |
| Bitget MRVLUSDTshort | 0.0000% | 8h | 258.13 | −0.081% | $5.6M | $16.5M | 20x | |
| Variational Omni MRVL | 0.0000% | 8h | 258.32 | −0.008% | $713K | $758K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 258.48 | +0.053% | $775 | $232K | 10x | as long as short |
Nado MRVL-PERP
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 258.46 | +0.046% | $2K | $6.9M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 258.40 | +0.023% | $22K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 258.39 | +0.019% | $130K | $80K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0013% | 1h | 258.26 | −0.033% | $599 | $54K | 10x | as long as short |
| BloFin MRVL-USDT | +0.0016% | 8h | 258.43 | +0.035% | $376K | $171K | 50x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 258.30 | −0.015% | $94K | $213K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 258.03 | −0.120% | $25K | $29K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 258.54 | +0.077% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 258.00 | −0.132% | $14.6M | $9.4M | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 258.39 | +0.019% | $227 | $14K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 258.28 | −0.023% | $590K | $941K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0056% | 8h | 258.19 | −0.057% | — | — | 5x | as long as short |
| QFEX MRVL-USD | +0.0064% | 1h | 258.18 | −0.062% | $1.1M | $4.3M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0066% | 1h | 258.23 | −0.043% | $109K | $81K | 10x | as long as short |
| KuCoin MRVLUSDTMlong | +0.0100% | 8h | 258.34 | long leg | $512K | $69K | 20x | |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 258.06 | −0.108% | $4K | $143K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 258.12 | −0.085% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 258.36 | +0.009% | $18 | — | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0136% | 1h | 257.50 | −0.325% | $317K | $890K | 10x | as long as short |
| Phoenix MRVL | +0.0187% | 1h | 258.57 | +0.089% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 261.10 | +1.068% | $11K | $611 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0663% | 4h | 258.33 | −0.005% | $36K | $367K | 10x | as long as short |
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
BloFin MRVL-USDT
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
QFEX MRVL-USD
Polymarket Perps MRVL-USD
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Coinbase International MRVL-PERP-INTX
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC