Settings8H · net · $10k
Funding arb · Price arb /

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
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: KuCoin against Bybit+0.115%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$173as in the Funding arb table
Net, price: spread back to 7d avg − costs−$180as in the Price arb table
costs, in and out, $10k−$1911.911% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.178%+$18 on $10k
Price spread, last 4 days (all we have)−0.114%−$11 · spread now +0.115%, 7d avg +0.007%
Together, before fees+0.064%+$6 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 0.107% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MRVLUSDT261.240get 0.0000% / 8h6h 59m$5.1M$4.0M50x
ShortKuCoin MRVLUSDTM261.540.0100get 0.0100% / 8h6h 59m$518K$67K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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

Funding earned
$21
Price spread: +0.115% → +0.007%
$10.75
Slippage, 4 orders
−$168.07
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$159.32
Costs to cover
1.911%
Break-even
60.1 days
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 53 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago1.15 bp10.9 bp −$1129.2 bp −$292doesn't fitdoesn't fit
Sell KuCoin live order book, 53 min ago4.99 bp57.7 bp −$58doesn't fitdoesn't fitdoesn't fit

MRVL on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MRVLUSDT0.0000%8h261.29+0.019%$314K$329K50xas long as short
Bybit MRVLUSDTlong0.0000%8h261.24long leg$5.1M$4.0M50x
OKX MRVL-USDT-SWAP0.0000%8h261.18−0.023%$7.1M$22.6M50xas long as short
Gate MRVL_USDT0.0000%8h261.29+0.019%$5.7M$8.6M50xas long as short
SunX MRVL-USDT0.0000%8h261.36+0.046%$1K$6.6M10xas long as short
Deribit MRVL_USDC-PERPETUAL0.0000%1h261.26+0.008%$23K$143K10xas long as short
HTX MRVL-USDT0.0000%8h261.38+0.054%$132K$45K50xas long as short
BloFin MRVL-USDT+0.0007%8h261.240.000%$377K$171K50xas long as short
Aftermath Perps MRVLUSD+0.0012%1h261.28+0.015%$923$51K10xas long as short
Coinbase International MRVL-PERP-INTX+0.0024%1h260.67−0.218%$335K$720K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX MRVL-USD+0.0027%1h261.18−0.023%$1.1M$4.1M10xas long as short
Lighter MRVL+0.0032%1h261.25+0.004%$96K$205K10xas long as short
Arcus MRVL-USD+0.0040%1h261.12−0.046%$26K$27K5xas long as short
Vest MRVL-USD-PERP+0.0046%1h261.66+0.161%$45K25xas long as short
tradeXYZ xyz:MRVL+0.0050%1h261.06−0.069%$14.8M$8.2M10xas long as short
Polymarket Perps MRVL-USD+0.0050%1h261.21−0.011%$105K$81K10xas long as short
SoDEX MRVL-USD+0.0050%1h261.31+0.027%$110$15K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h261.12−0.046%$568K$912K10xas long as short
Paradex MRVL-USD-PERP+0.0052%8h261.30+0.023%5xas long as short
edgeX MRVLUSDC+0.0054%4h261.31+0.028%$37K$371K10xas long as short
Variational Omni MRVL+0.0061%8h261.26+0.009%$725K$763Kas long as short
Nado MRVL-PERP+0.0088%1h261.29+0.020%$89K$316K10xas long as short
KuCoin MRVLUSDTMshort+0.0100%8h261.54+0.115%$518K$67K20x
ApeX Omni MRVLUSDT+0.0100%1h261.22−0.008%$4K$141K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h261.37+0.050%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h261.33+0.034%$1810xas long as short
Binance MRVLUSDT+0.0118%8h261.29+0.019%$24.3M$114.4M50xas long as short
Extended MRVL-USD+0.0120%1h261.25+0.003%$47K$350K10xas long as short
Phoenix MRVL+0.0216%1h261.33+0.034%$11K$12K10xas long as short
Injective MRVL/USDC PERP+0.0220%1h264.15+1.114%$11K$66112xas long as short
GRVT MRVL_USDT_Perp+0.0230%8h261.28+0.016%$1K$198K10xas long as short
Bitget MRVLUSDT+0.0256%8h261.25+0.004%$5.5M$16.5M20xas long as short