MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: HTX against KuCoin+0.100%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$231as in the Funding arb table

Net, price: spread back to 7d avg − costs−$202as in the Price arb table

costs, in and out, $10k−$2132.128% of the position

Long on KuCoin Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.182%−$18 on $10k

Price spread, last 3 days (all we have)−0.147%−$15 · spread now +0.100%, 7d avg −0.007%

Together, before fees−0.329%−$33 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.107% dearer against KuCoin than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of −0.007%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MRVLUSDTM	259.08	0.0100	pay 0.0100% / 8h	12m 49s	$513K	$68K	20x
Short	HTX MRVL-USDT	259.34	0	get 0.0000% / 8h	12m 49s	$131K	$59K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.100%Rate

Funding earned: −$21
Price spread: +0.100% → −0.007%: $10.73
Slippage, 4 orders: −$188.83
Fee KuCoin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$223.09
Costs to cover: 2.128%
Break-even: never at this rate

Slippage from KuCoin: live order book, 50 min ago; HTX: live order book, 63 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, 50 min ago	5.80 bp	81.2 bp −$81	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 63 min ago	2.90 bp	8.9 bp −$9	16.0 bp −$160	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
Aster MRVLUSDT	0.0000%	8h	259.09	+0.004%	$313K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	259.15	+0.027%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.22	+0.054%	$7.1M	$22.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	259.17	+0.035%	$5.7M	$9.8M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	259.22	+0.054%	$5.6M	$16.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	259.35	+0.103%	$722K	$764K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	259.21	+0.050%	$1K	$6.8M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	259.18	+0.039%	$22K	$143K	10x	as long as short
HTX MRVL-USDTshort	0.0000%	8h	259.34	+0.100%	$131K	$59K	50x
BloFin MRVL-USDT	+0.0007%	8h	259.18	+0.039%	$374K	$170K	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0018%	1h	259.20	+0.044%	$880	$53K	10x	as long as short
Lighter MRVL	+0.0032%	1h	259.26	+0.069%	$96K	$213K	10x	as long as short
Binance MRVLUSDT	+0.0038%	8h	259.24	+0.060%	$24.3M	$114.7M	50x	as long as short
QFEX MRVL-USD	+0.0038%	1h	259.22	+0.054%	$1.1M	$4.3M	10x	as long as short
Extended MRVL-USD	+0.0040%	1h	259.15	+0.029%	$49K	$206K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.00	−0.031%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	259.59	+0.197%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.12	+0.015%	$14.6M	$9.1M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.19	+0.042%	$108K	$83K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.16	+0.031%	$176	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.01	−0.027%	$587K	$932K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0061%	8h	259.14	+0.024%	—	—	5x	as long as short
GRVT MRVL_USDT_Perp	+0.0061%	8h	259.39	+0.120%	$700	$224K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	258.35	−0.282%	$319K	$767K	10x	as long as short
KuCoin MRVLUSDTMlong	+0.0100%	8h	259.08	long leg	$513K	$68K	20x
ApeX Omni MRVLUSDT	+0.0100%	1h	259.16	+0.031%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.20	+0.046%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.20	+0.047%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0142%	1h	259.17	+0.036%	$88K	$316K	10x	as long as short
Phoenix MRVL	+0.0217%	1h	259.32	+0.093%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.85	+1.069%	$11K	$629	12x	as long as short
edgeX MRVLUSDC	+0.0437%	4h	259.27	+0.074%	$36K	$370K	10x	as long as short