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: Gate against KuCoin−0.099%7-day average +0.032% · 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−$214as in the Price arb table

costs, in and out, $10k−$2012.013% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.427%−$43 on $10k

Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.099%, 7d avg +0.032%

Together, before fees−0.338%−$34 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 Gate is 0.132% cheaper against KuCoin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.032%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MRVLUSDTM	261.57	0.0100	pay 0.0100% / 8h	7h 03m	$518K	$67K	20x
Short	Gate MRVL_USDT	261.31	0	get 0.0000% / 8h	7h 03m	$5.7M	$9.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.099%Rate

Funding earned: −$21
Price spread: −0.099% → +0.032%: −$13.17
Slippage, 4 orders: −$174.27
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$235.44
Costs to cover: 2.013%
Break-even: never at this rate

Slippage from KuCoin: live order book, 49 min ago; Gate: live order book, 5 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, 49 min ago	4.99 bp	111.1 bp −$111	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	2.30 bp	18.1 bp −$18	40.2 bp −$402	51.2 bp −$5,119	85.5 bp −$42.8K

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	261.23	−0.131%	$314K	$329K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	261.30	−0.103%	$5.1M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.32	−0.096%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDTshort	0.0000%	8h	261.31	−0.099%	$5.7M	$9.6M	50x
SunX MRVL-USDT	0.0000%	8h	261.62	+0.019%	$1K	$6.6M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	261.45	−0.046%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	261.38	−0.073%	$132K	$45K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0012%	1h	261.44	−0.049%	$923	$51K	10x	as long as short
BloFin MRVL-USDT	+0.0015%	8h	261.56	−0.004%	$377K	$171K	50x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	260.67	−0.344%	$335K	$720K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX MRVL-USD	+0.0027%	1h	261.53	−0.015%	$1.1M	$4.1M	10x	as long as short
Lighter MRVL	+0.0032%	1h	261.39	−0.069%	$96K	$209K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	261.22	−0.134%	$26K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.96	+0.149%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	261.35	−0.084%	$14.8M	$8.2M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	261.60	+0.011%	$105K	$81K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	261.37	−0.076%	$78	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	261.13	−0.168%	$569K	$929K	10x	as long as short
Variational Omni MRVL	+0.0051%	8h	261.53	−0.017%	$725K	$764K	—	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	261.44	−0.050%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0093%	1h	261.39	−0.068%	$89K	$320K	10x	as long as short
KuCoin MRVLUSDTMlong	+0.0100%	8h	261.57	long leg	$518K	$67K	20x
ApeX Omni MRVLUSDT	+0.0100%	1h	261.16	−0.157%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	261.50	−0.027%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	261.42	−0.059%	$18	—	10x	as long as short
Extended MRVL-USD	+0.0112%	1h	261.26	−0.117%	$47K	$345K	10x	as long as short
Binance MRVLUSDT	+0.0113%	8h	261.31	−0.099%	$24.3M	$114.4M	50x	as long as short
GRVT MRVL_USDT_Perp	+0.0194%	8h	261.29	−0.107%	$1K	$198K	10x	as long as short
Phoenix MRVL	+0.0216%	1h	261.50	−0.027%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	264.15	+0.986%	$11K	$661	12x	as long as short
Bitget MRVLUSDT	+0.0260%	8h	261.33	−0.092%	$5.6M	$16.5M	20x	as long as short
edgeX MRVLUSDC	+0.0725%	4h	261.55	−0.009%	$37K	$370K	10x	as long as short