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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MRVLUSDT | 261.24 | 0 | get 0.0000% / 8h | 6h 59m | $5.1M | $4.0M | 50x |
| Short | KuCoin MRVLUSDTM | 261.54 | 0.0100 | get 0.0100% / 8h | 6h 59m | $518K | $67K | 20x |
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 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: +0.115% → +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 3 min ago | 1.15 bp | 10.9 bp −$11 | 29.2 bp −$292 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 53 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRVLUSDT | 0.0000% | 8h | 261.29 | +0.019% | $314K | $329K | 50x | as long as short |
| Bybit MRVLUSDTlong | 0.0000% | 8h | 261.24 | long leg | $5.1M | $4.0M | 50x | |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 261.18 | −0.023% | $7.1M | $22.6M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 261.29 | +0.019% | $5.7M | $8.6M | 50x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 261.36 | +0.046% | $1K | $6.6M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 261.26 | +0.008% | $23K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 261.38 | +0.054% | $132K | $45K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0007% | 8h | 261.24 | 0.000% | $377K | $171K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0012% | 1h | 261.28 | +0.015% | $923 | $51K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0024% | 1h | 260.67 | −0.218% | $335K | $720K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX MRVL-USD | +0.0027% | 1h | 261.18 | −0.023% | $1.1M | $4.1M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 261.25 | +0.004% | $96K | $205K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 261.12 | −0.046% | $26K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 261.66 | +0.161% | — | $45K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 261.06 | −0.069% | $14.8M | $8.2M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 261.21 | −0.011% | $105K | $81K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 261.31 | +0.027% | $110 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 261.12 | −0.046% | $568K | $912K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 261.30 | +0.023% | — | — | 5x | as long as short |
| edgeX MRVLUSDC | +0.0054% | 4h | 261.31 | +0.028% | $37K | $371K | 10x | as long as short |
| Variational Omni MRVL | +0.0061% | 8h | 261.26 | +0.009% | $725K | $763K | — | as long as short |
| Nado MRVL-PERP | +0.0088% | 1h | 261.29 | +0.020% | $89K | $316K | 10x | as long as short |
| KuCoin MRVLUSDTMshort | +0.0100% | 8h | 261.54 | +0.115% | $518K | $67K | 20x | |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 261.22 | −0.008% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 261.37 | +0.050% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 261.33 | +0.034% | $18 | — | 10x | as long as short |
| Binance MRVLUSDT | +0.0118% | 8h | 261.29 | +0.019% | $24.3M | $114.4M | 50x | as long as short |
| Extended MRVL-USD | +0.0120% | 1h | 261.25 | +0.003% | $47K | $350K | 10x | as long as short |
| Phoenix MRVL | +0.0216% | 1h | 261.33 | +0.034% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 264.15 | +1.114% | $11K | $661 | 12x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0230% | 8h | 261.28 | +0.016% | $1K | $198K | 10x | as long as short |
| Bitget MRVLUSDT | +0.0256% | 8h | 261.25 | +0.004% | $5.5M | $16.5M | 20x | as long as short |
Bybit MRVLUSDT
KuCoin MRVLUSDTM
Aster MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Coinbase International MRVL-PERP-INTX
Lighter MRVL
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Paradex MRVL-USD-PERP
edgeX MRVLUSDC
Variational Omni MRVL
ApeX Omni MRVLUSDT
Binance MRVLUSDT
Extended MRVL-USD
Phoenix MRVL
Injective MRVL/USDC PERP
GRVT MRVL_USDT_Perp
Bitget MRVLUSDT