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: OKX against KuCoin−0.019%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$2112.110% of the position
Funding, last 7 days−0.149%−$15 on $10k
+Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.019%, 7d avg +0.012%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.032% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.012%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MRVLUSDTM | 260.53 | 0.0100 | pay 0.0100% / 8h | 6h 14m | $515K | $64K | 20x |
| Short | OKX MRVL-USDT-SWAP | 260.48 | 0 | get 0.0000% / 8h | 6h 14m | $7.0M | $22.4M | 50x |
KuCoin MRVLUSDTM
OKX MRVL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.019% → +0.012%
- −$3.15
- Slippage, 4 orders
- −$189
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$235.15
- Costs to cover
- 2.110%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 23 min ago; OKX: live order book, 4 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, 23 min ago | 6.16 bp | 50.1 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.19 bp | 6.9 bp −$7 | 13.6 bp −$136 | doesn't fit | doesn't fit |
MRVL on 31 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 | 260.44 | −0.034% | $313K | $330K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.41 | −0.046% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAPshort | 0.0000% | 8h | 260.48 | −0.019% | $7.0M | $22.4M | 50x | |
| Gate MRVL_USDT | 0.0000% | 8h | 260.44 | −0.035% | $5.6M | $8.8M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.47 | −0.023% | $5.6M | $16.2M | 20x | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 260.45 | −0.031% | $484 | $194K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.58 | +0.019% | $1K | $6.4M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 260.38 | −0.058% | $23K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.24 | −0.111% | $131K | $41K | 50x | as long as short |
| Variational Omni MRVL | +0.0004% | 8h | 260.50 | −0.013% | $725K | $662K | — | as long as short |
Aster MRVLUSDT
Bybit MRVLUSDT
Gate MRVL_USDT
Bitget MRVLUSDT
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Variational Omni MRVLShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MRVL-PERP-INTX | +0.0008% | 1h | 260.39 | −0.054% | $335K | $637K | 10x | as long as short |
| Aftermath Perps MRVLUSD | +0.0012% | 1h | 260.45 | −0.031% | $884 | $51K | 10x | as long as short |
| QFEX MRVL-USD | +0.0023% | 1h | 260.57 | +0.015% | $1.1M | $3.8M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 260.45 | −0.031% | $95K | $206K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.31 | −0.084% | $25K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 260.95 | +0.161% | — | $44K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 260.40 | −0.050% | $14.7M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.55 | +0.008% | $104K | $77K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.41 | −0.046% | $120 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.17 | −0.138% | $567K | $677K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 260.45 | −0.031% | — | — | 5x | as long as short |
| Binance MRVLUSDT | +0.0060% | 8h | 260.48 | −0.019% | $24.2M | $109.9M | 50x | as long as short |
| Nado MRVL-PERP | +0.0062% | 1h | 260.45 | −0.029% | $89K | $282K | 10x | as long as short |
| Extended MRVL-USD | +0.0064% | 1h | 260.44 | −0.036% | $47K | $351K | 10x | as long as short |
| KuCoin MRVLUSDTMlong | +0.0100% | 8h | 260.53 | long leg | $515K | $64K | 20x | |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.52 | −0.004% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.51 | −0.008% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.44 | −0.034% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0153% | 1h | 260.63 | +0.038% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 262.62 | +0.802% | $11K | $679 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0571% | 4h | 260.33 | −0.078% | $37K | $371K | 10x | as long as short |
Coinbase International MRVL-PERP-INTX
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
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
Binance MRVLUSDT
Nado MRVL-PERP
Extended MRVL-USD
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC