MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.86 per $10,000 · paid last 24h +0.025%

Price spread now: KuCoin against Bitget+0.050%7-day average −0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$186as in the Funding arb table

Net, price: spread back to 7d avg − costs−$180as in the Price arb table

costs, in and out, $10k−$1891.892% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.030%+$3 on $10k

Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.050%, 7d avg −0.039%

Together, before fees−0.030%−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.088% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MRVLUSDT	261.46	0.0014	pay 0.0014% / 8h	7h 45m	$5.6M	$16.5M	20x
Short	KuCoin MRVLUSDTM	261.59	0.0100	get 0.0100% / 8h	7h 45m	$519K	$69K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now +0.050%Rate

Funding earned: $18.06
Price spread: +0.050% → −0.039%: $8.84
Slippage, 4 orders: −$165.17
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$162.26
Costs to cover: 1.892%
Break-even: 69.9 days

Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 7 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 Bitget live order book, 3 min ago	1.72 bp	9.9 bp −$10	18.0 bp −$180	33.5 bp −$3,349	doesn't fit
Sell KuCoin live order book, 7 min ago	4.99 bp	57.7 bp −$58	doesn't fit	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
BloFin MRVL-USDT	−0.0026%	8h	262.00	+0.207%	$373K	$171K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	261.55	+0.034%	$315K	$327K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	261.53	+0.027%	$5.2M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	261.47	+0.004%	$7.1M	$22.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	261.53	+0.027%	$5.6M	$9.4M	50x	as long as short
SunX MRVL-USDT	0.0000%	8h	261.74	+0.107%	$1K	$6.7M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	261.48	+0.008%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	261.82	+0.138%	$132K	$51K	50x	as long as short
Variational Omni MRVL	+0.0010%	8h	261.86	+0.155%	$727K	$766K	—	as long as short
Bitget MRVLUSDTlong	+0.0014%	8h	261.46	long leg	$5.6M	$16.5M	20x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps MRVLUSD	+0.0014%	1h	261.11	−0.132%	$999	$52K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0024%	1h	258.35	−1.189%	$319K	$764K	10x	as long as short
QFEX MRVL-USD	+0.0027%	1h	261.83	+0.142%	$1.1M	$4.3M	10x	as long as short
Lighter MRVL	+0.0032%	1h	261.41	−0.019%	$96K	$209K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	261.40	−0.023%	$26K	$28K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	262.25	+0.302%	—	$46K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	261.41	−0.019%	$14.7M	$9.0M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	261.80	+0.130%	$105K	$86K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	261.71	+0.096%	$580K	$947K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0056%	8h	261.96	+0.193%	—	—	5x	as long as short
Extended MRVL-USD	+0.0064%	1h	261.56	+0.040%	$49K	$252K	10x	as long as short
Binance MRVLUSDT	+0.0067%	8h	261.58	+0.046%	$24.3M	$114.9M	50x	as long as short
Nado MRVL-PERP	+0.0068%	1h	261.82	+0.139%	$88K	$316K	10x	as long as short
edgeX MRVLUSDC	+0.0100%	4h	261.72	+0.099%	$37K	$370K	10x	as long as short
KuCoin MRVLUSDTMshort	+0.0100%	8h	261.59	+0.050%	$519K	$69K	20x
ApeX Omni MRVLUSDT	+0.0100%	1h	261.90	+0.168%	$4K	$142K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	261.61	+0.057%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	261.55	+0.034%	$18	—	10x	as long as short
GRVT MRVL_USDT_Perp	+0.0118%	8h	261.98	+0.200%	$299	$221K	10x	as long as short
Phoenix MRVL	+0.0216%	1h	261.80	+0.130%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	262.96	+0.574%	$11K	$638	12x	as long as short
SoDEX MRVL-USD	+0.0881%	1h	261.40	−0.023%	$136	$14K	10x	as long as short