Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.32 per $10,000 · paid last 24h —

Price spread now: Paradex against KuCoin+0.053%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Paradex is 0.053% dearer against KuCoin than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MRVLUSDTM	259.20	0.0100	pay 0.0100% / 8h	36m 17s	$514K	$69K	20x
Short	Paradex MRVL-USD-PERP	259.34	0.0068	get 0.0068% / 8h	36m 17s	—	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.053%Rate

Funding earned: −$6.68
Price spread: +0.053% → 0.000%: $5.26
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$17.42
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 26 min ago; Paradex: no order-book sample. Net counts fees only.

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	5.80 bp	81.2 bp −$81	doesn't fit	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
BloFin MRVL-USDT	−0.0018%	8h	259.35	+0.058%	$376K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	259.15	−0.018%	$313K	$328K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	259.25	+0.019%	$5.1M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	259.35	+0.058%	$7.1M	$22.6M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	259.30	+0.039%	$5.7M	$9.7M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	259.37	+0.066%	$5.6M	$16.6M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	259.40	+0.075%	$722K	$764K	—	as long as short
SunX MRVL-USDT	0.0000%	8h	259.45	+0.096%	$1K	$6.8M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	259.29	+0.035%	$131K	$80K	50x	as long as short
Extended MRVL-USD	+0.0016%	1h	259.31	+0.041%	$49K	$206K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MRVLUSDT	+0.0016%	8h	259.35	+0.058%	$24.3M	$114.6M	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	259.19	−0.004%	$686	$53K	10x	as long as short
Lighter MRVL	+0.0032%	1h	259.42	+0.085%	$96K	$213K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	259.28	+0.031%	$1.1M	$4.3M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	259.10	−0.039%	$25K	$29K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	259.68	+0.185%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	259.25	+0.019%	$14.6M	$9.2M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	259.26	+0.023%	$109K	$81K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	259.31	+0.042%	$207	$14K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	259.17	−0.012%	$592K	$927K	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0052%	8h	259.11	−0.035%	$741	$226K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	258.35	−0.328%	$319K	$767K	10x	as long as short
Paradex MRVL-USD-PERPshort	+0.0068%	8h	259.34	+0.053%	—	—	5x
KuCoin MRVLUSDTMlong	+0.0100%	8h	259.20	long leg	$514K	$69K	20x
ApeX Omni MRVLUSDT	+0.0100%	1h	259.16	−0.015%	$4K	$143K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	259.32	+0.046%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	259.33	+0.049%	$18	—	10x	as long as short
Phoenix MRVL	+0.0217%	1h	259.32	+0.046%	$11K	$12K	10x	as long as short
Nado MRVL-PERP	+0.0218%	1h	259.24	+0.015%	$88K	$316K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.85	+1.022%	$11K	$629	12x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0290%	1h	259.37	+0.066%	$22K	$143K	10x	as long as short
edgeX MRVLUSDC	+0.0712%	4h	259.37	+0.065%	$36K	$368K	10x	as long as short