MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0088%/8h= −9.7% APRnext payment −$0.88 per $10,000 · paid last 24h −0.026%

Price spread now: BloFin against KuCoin−0.153%110s7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$250as 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−$2412.409% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.088%−$9 on $10k

Price spread, last 4 days (all we have)+0.112%+$11 · spread now −0.153%, 7d avg +0.014%

Together, before fees+0.023%+$2 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 BloFin is 0.167% cheaper against KuCoin than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.014%). Swap the legs. The two prices were read 110 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	255.65	0.0110	pay 0.0110% / 8h	3h 07m	$505K	$62K	20x
Short	BloFin MRVL-USDT	255.26	0.0022	get 0.0022% / 8h	3h 07m	$367K	$174K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.153%Rate

Funding earned: −$18.51
Price spread: −0.153% → +0.014%: −$16.67
Slippage, 4 orders: −$216.86
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$276.04
Costs to cover: 2.409%
Break-even: never at this rate

Slippage from KuCoin: live order book, 66 min ago; BloFin: 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, 66 min ago	5.38 bp	68.2 bp −$68	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 23 min ago	0.78 bp	9.0 bp −$9	15.1 bp −$151	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	−0.0448%	8h	255.59	−0.023%	$5.5M	$16.4M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.48	−0.067%	$301K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.46	−0.075%	$49K	$269K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.38	−0.104%	$23.5M	$109.9M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	255.36	−0.113%	$5.0M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	255.48	−0.066%	$6.8M	$22.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.34	−0.121%	$5.4M	$8.3M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.57	−0.032%	$709K	$628K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.28	−0.145%	$243	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	255.10	−0.215%	$1K	$6.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	255.32	−0.129%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.46	−0.074%	$129K	$42K	50x	as long as short
BloFin MRVL-USDTshort	+0.0022%	8h	255.26	−0.153%	$367K	$174K	50x
Aftermath Perps MRVLUSD	+0.0022%	1h	255.53	−0.047%	$593	$48K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.52	−0.051%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.28	−0.145%	$88K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.28	−0.145%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.68	+0.012%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.23	−0.164%	$14.0M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.37	−0.110%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.15	−0.196%	$153	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.90	−0.293%	$548K	$724K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.43	−0.085%	—	—	5x	as long as short
edgeX MRVLUSDC	+0.0087%	4h	255.33	−0.124%	$36K	$372K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.76	+0.043%	$322K	$634K	10x	as long as short
Nado MRVL-PERP	+0.0096%	1h	255.25	−0.157%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.28	−0.145%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.23	−0.164%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.27	−0.150%	$18	—	10x	as long as short
KuCoin MRVLUSDTMlong	+0.0110%	8h	255.65	long leg	$505K	$62K	20x
Phoenix MRVL	+0.0185%	1h	255.50	−0.059%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.347%	$11K	$734	12x	as long as short