Settings8H · net · $10k
Funding arb · Price arb /

MRVL

RWAall MRVL markets
SwapBacktest
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 −0.024%
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MRVLUSDTM255.480.0100pay 0.0100% / 8h49m 08s$505K$66K20x
ShortGRVT MRVL_USDT_Perp255.090get 0.0000% / 8h49m 08s$426$191K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 55 min ago6.67 bp86.1 bp −$86doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 53 min ago1.38 bp8.8 bp −$918.6 bp −$186doesn't fitdoesn't fit

MRVL on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MRVLUSDT−0.0611%8h255.70+0.086%$5.5M$17.1M20xas long as short
BloFin MRVL-USDT−0.0020%8h255.60+0.047%$367K$187K50xas long as short
Coinbase International MRVL-PERP-INTX−0.0008%1h254.95−0.207%$335K$651K10xas long as short
Aster MRVLUSDT0.0000%8h255.49+0.004%$301K$341K50xas long as short
Extended MRVL-USD0.0000%1h255.43−0.019%$46K$309K10xas long as short
Binance MRVLUSDT0.0000%8h255.67+0.074%$23.5M$113.8M50xas long as short
Bybit MRVLUSDT0.0000%8h255.54+0.023%$5.0M$4.1M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h255.59+0.043%$6.8M$24.5M50xas long as short
Gate MRVL_USDT0.0000%8h255.53+0.020%$5.2M$8.6M50xas long as short
Variational Omni MRVL0.0000%8h255.03−0.178%$709K$463Kas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MRVL_USDT_Perpshort0.0000%8h255.09−0.154%$426$191K10x
SunX MRVL-USDT0.0000%8h255.66+0.070%$2K$5.9M10xas long as short
HTX MRVL-USDT0.0000%8h255.04−0.172%$131K$47K50xas long as short
Aftermath Perps MRVLUSD+0.0016%1h255.36−0.048%$632$46K10xas long as short
QFEX MRVL-USD+0.0025%1h255.39−0.035%$1.1M$3.5M10xas long as short
Lighter MRVL+0.0032%1h255.50+0.008%$88K$167K10xas long as short
Arcus MRVL-USD+0.0040%1h255.02−0.180%$23K$27K5xas long as short
Vest MRVL-USD-PERP+0.0046%1h255.59+0.043%$51K25xas long as short
tradeXYZ xyz:MRVL+0.0050%1h255.44−0.016%$14.1M$9.1M10xas long as short
Polymarket Perps MRVL-USD+0.0050%1h255.32−0.063%$100K$84K10xas long as short
SoDEX MRVL-USD+0.0050%1h255.40−0.031%$179$15K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h254.92−0.219%$532K$858K10xas long as short
Paradex MRVL-USD-PERP+0.0052%8h255.49+0.003%5xas long as short
Nado MRVL-PERP+0.0062%1h255.37−0.044%$87K$272K10xas long as short
KuCoin MRVLUSDTMlong+0.0100%8h255.48long leg$505K$66K20x
ApeX Omni MRVLUSDT+0.0100%1h255.07−0.160%$4K$140K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h255.58+0.039%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h255.53+0.018%$1810xas long as short
Phoenix MRVL+0.0125%1h255.25−0.090%$11K$12K10xas long as short
Injective MRVL/USDC PERP+0.0220%1h258.10+1.026%$11K$82312xas long as short
edgeX MRVLUSDC+0.0255%4h255.06−0.165%$36K$374K10xas long as short
Deribit MRVL_USDC-PERPETUAL+0.0259%1h255.54+0.023%$22K$145K10xas long as short