Funding you earn now, next payment 10:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.020%
Price spread now: Lighter against KuCoin−0.090%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$206as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$1951.952% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 4 days (all we have)+0.107%+$11 · spread now −0.090%, 7d avg −0.015%
=Together, before fees−0.002%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.075% cheaper against KuCoin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MRVLUSDTM | 254.48 | 0.0100 | pay 0.0100% / 8h | 6h 57m | $503K | $156K | 20x |
| Short | Lighter MRVL | 254.25 | 0.0032 | get 0.0004% / 1h | 57m 33s | $88K | $164K | 10x |
KuCoin MRVLUSDTM
Lighter MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$14.28
- Price spread: −0.090% → −0.015%
- −$7.52
- Slippage, 4 orders
- −$183.22
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$217.02
- Costs to cover
- 1.952%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 26 min ago; Lighter: live order book, 17 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, 26 min ago | 5.57 bp | 125.7 bp −$126 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 17 min ago | 2.17 bp | 4.5 bp −$4 | 9.8 bp −$98 | 22.1 bp −$2,206 | 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 | −0.0214% | 8h | 254.44 | −0.016% | $5.4M | $18.2M | 20x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 254.39 | −0.035% | $300K | $337K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 254.23 | −0.098% | $46K | $298K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 254.43 | −0.020% | $23.3M | $118.5M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 254.32 | −0.063% | $5.0M | $4.2M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 254.56 | +0.031% | $6.8M | $25.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 254.41 | −0.028% | $4.9M | $8.4M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 254.30 | −0.070% | $711K | $460K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 254.31 | −0.067% | $422 | $182K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 254.66 | +0.071% | $2K | $5.6M | 10x | as long as short |
Bitget MRVLUSDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 254.54 | +0.024% | $22K | $145K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 254.55 | +0.028% | $131K | $48K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0021% | 1h | 254.29 | −0.075% | $1K | $45K | 10x | as long as short |
| BloFin MRVL-USDT | +0.0024% | 8h | 254.54 | +0.024% | $367K | $201K | 50x | as long as short |
| QFEX MRVL-USD | +0.0031% | 1h | 254.37 | −0.043% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVLshort | +0.0032% | 1h | 254.25 | −0.090% | $88K | $164K | 10x | |
| Arcus MRVL-USD | +0.0040% | 1h | 254.04 | −0.173% | $22K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 254.64 | +0.063% | — | $51K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 254.09 | −0.153% | $13.9M | $9.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 254.48 | 0.000% | $99K | $76K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 254.50 | +0.008% | $143 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 254.19 | −0.114% | $541K | $860K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 254.16 | −0.124% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTMlong | +0.0100% | 8h | 254.48 | long leg | $503K | $156K | 20x | |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 254.42 | −0.024% | $4K | $143K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 254.56 | +0.031% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 254.49 | +0.005% | $18 | — | 10x | as long as short |
| Nado MRVL-PERP | +0.0119% | 1h | 254.41 | −0.026% | $87K | $276K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0128% | 1h | 254.54 | +0.024% | $325K | $620K | 10x | as long as short |
| Phoenix MRVL | +0.0188% | 1h | 254.32 | −0.063% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 256.63 | +0.845% | $11K | $832 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0936% | 4h | 254.55 | +0.029% | $36K | $373K | 10x | as long as short |
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
BloFin MRVL-USDT
QFEX MRVL-USD
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Nado MRVL-PERP
Coinbase International MRVL-PERP-INTX
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC