Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.016%

Price spread now: KuCoin against Vest−0.106%50s7-day average — · you buy dearer than you sell

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

Long on Vest Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

Funding pays, the price is against you. KuCoin is 0.106% cheaper against Vest than usual: you would sell low and buy high (spread −0.106% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 6.5 days of funding at the current rate (+$2 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest MRVL-USD-PERP	254.71	0.0046	pay 0.0006% / 1h	39m 38s	—	$51K	25x
Short	KuCoin MRVLUSDTM	254.44	0.0100	get 0.0100% / 8h	1h 39m	$503K	$66K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Vest. 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 VestbpFee KuCoinbpOrdersPrice spread, now −0.106%Rate

Funding earned: $11.41
Price spread: −0.106% → 0.000%: −$10.6
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$13.19
Costs to cover: 0.140%
Break-even: 15.1 days

Slippage unknown: Vest: no order-book sample; KuCoin: live order book, 4 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 4 min ago	6.67 bp	148.6 bp −$149	doesn't fit	doesn't fit	doesn't fit

Vest: 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
Bitget MRVLUSDT	−0.0799%	8h	254.42	−0.114%	$5.5M	$17.1M	20x	as long as short
Deribit MRVL_USDC-PERPETUAL	−0.0064%	1h	254.50	−0.082%	$22K	$144K	10x	as long as short
Aster MRVLUSDT	0.0000%	8h	254.38	−0.128%	$300K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	254.28	−0.170%	$50K	$269K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	254.33	−0.147%	$23.4M	$113.3M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	254.25	−0.181%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	254.30	−0.161%	$6.7M	$24.1M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	254.32	−0.153%	$5.1M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	254.25	−0.180%	$708K	$478K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	254.52	−0.074%	$621	$191K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	254.62	−0.035%	$1K	$6.0M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	254.60	−0.043%	$131K	$47K	50x	as long as short
BloFin MRVL-USDT	+0.0005%	8h	254.35	−0.141%	$364K	$183K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0015%	1h	254.54	−0.065%	$593	$47K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	254.72	+0.004%	$324K	$642K	10x	as long as short
Lighter MRVL	+0.0032%	1h	254.25	−0.181%	$88K	$169K	10x	as long as short
QFEX MRVL-USD	+0.0034%	1h	254.53	−0.071%	$1.1M	$3.5M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	254.27	−0.173%	$23K	$27K	5x	as long as short
Vest MRVL-USD-PERPlong	+0.0046%	1h	254.71	long leg	—	$51K	25x
Nado MRVL-PERP	+0.0049%	1h	254.39	−0.127%	$87K	$272K	10x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	254.19	−0.204%	$14.0M	$8.9M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	254.33	−0.149%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	254.40	−0.122%	$148	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	254.35	−0.141%	$552K	$789K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	254.27	−0.174%	—	—	5x	as long as short
edgeX MRVLUSDC	+0.0074%	4h	254.54	−0.069%	$36K	$375K	10x	as long as short
KuCoin MRVLUSDTMshort	+0.0100%	8h	254.44	−0.106%	$503K	$66K	20x
ApeX Omni MRVLUSDT	+0.0100%	1h	254.61	−0.039%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	254.58	−0.051%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	254.54	−0.066%	$18	—	10x	as long as short
Phoenix MRVL	+0.0156%	1h	254.66	−0.020%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	257.82	+1.221%	$11K	$853	12x	as long as short