Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.024%
Price spread now: GRVT against KuCoin−0.154%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$265as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2522.515% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 4 days (all we have)+0.346%+$35 · spread now −0.154%, 7d avg +0.038%
=Together, before fees+0.215%+ Points / potential airdropGRVT: Active · farm board+$22 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 GRVT is 0.192% cheaper against KuCoin than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.038%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MRVLUSDTM | 255.48 | 0.0100 | pay 0.0100% / 8h | 49m 08s | $505K | $66K | 20x |
| Short | GRVT MRVL_USDT_Perp | 255.09 | 0 | get 0.0000% / 8h | 49m 08s | $426 | $191K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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: −0.154% → +0.038%
- −$19.23
- Slippage, 4 orders
- −$230.55
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$291.78
- Costs to cover
- 2.515%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 55 min ago; GRVT: live order book, 53 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, 55 min ago | 6.67 bp | 86.1 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 53 min ago | 1.38 bp | 8.8 bp −$9 | 18.6 bp −$186 | 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 | −0.0611% | 8h | 255.70 | +0.086% | $5.5M | $17.1M | 20x | as long as short |
| BloFin MRVL-USDT | −0.0020% | 8h | 255.60 | +0.047% | $367K | $187K | 50x | as long as short |
| Coinbase International MRVL-PERP-INTX | −0.0008% | 1h | 254.95 | −0.207% | $335K | $651K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 255.49 | +0.004% | $301K | $341K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.43 | −0.019% | $46K | $309K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 255.67 | +0.074% | $23.5M | $113.8M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.54 | +0.023% | $5.0M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.59 | +0.043% | $6.8M | $24.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 255.53 | +0.020% | $5.2M | $8.6M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 255.03 | −0.178% | $709K | $463K | — | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MRVL_USDT_Perpshort | 0.0000% | 8h | 255.09 | −0.154% | $426 | $191K | 10x | |
| SunX MRVL-USDT | 0.0000% | 8h | 255.66 | +0.070% | $2K | $5.9M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.04 | −0.172% | $131K | $47K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0016% | 1h | 255.36 | −0.048% | $632 | $46K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 255.39 | −0.035% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 255.50 | +0.008% | $88K | $167K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 255.02 | −0.180% | $23K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.59 | +0.043% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 255.44 | −0.016% | $14.1M | $9.1M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 255.32 | −0.063% | $100K | $84K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.40 | −0.031% | $179 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 254.92 | −0.219% | $532K | $858K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 255.49 | +0.003% | — | — | 5x | as long as short |
| Nado MRVL-PERP | +0.0062% | 1h | 255.37 | −0.044% | $87K | $272K | 10x | as long as short |
| KuCoin MRVLUSDTMlong | +0.0100% | 8h | 255.48 | long leg | $505K | $66K | 20x | |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 255.07 | −0.160% | $4K | $140K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.58 | +0.039% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.53 | +0.018% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0125% | 1h | 255.25 | −0.090% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 258.10 | +1.026% | $11K | $823 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0255% | 4h | 255.06 | −0.165% | $36K | $374K | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0259% | 1h | 255.54 | +0.023% | $22K | $145K | 10x | as long as short |
KuCoin MRVLUSDTM
GRVT MRVL_USDT_Perp
Bitget MRVLUSDT
BloFin MRVL-USDT
Coinbase International MRVL-PERP-INTX
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
SunX MRVL-USDT
HTX MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
ApeX Omni MRVLUSDT
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC
Deribit MRVL_USDC-PERPETUAL