Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0089%/8h= −9.8% APRpaid last 24h −0.020%

Price spread now: Aftermath Perps against KuCoin−0.414%45s7-day average — · you buy dearer than you sell

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

Long on KuCoin Short on Aftermath Perps

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—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aftermath Perps is 0.414% cheaper against KuCoin than usual: you would sell low and buy high (−$41 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 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	KuCoin MRVLUSDTM	256.38	0.0107	pay 0.0107% / 8h	2h 09m	$507K	$64K	20x
Short	Aftermath Perps MRVLUSD	255.32	0.0018	get 0.0002% / 1h	9m 45s	$593	$48K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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 Aftermath PerpsbpOrdersPrice spread, now −0.414%Rate

Funding earned: −$18.76
Price spread: −0.414% → 0.000%: −$41.43
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$81.19
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 49 min ago; Aftermath Perps: 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, 49 min ago	4.30 bp	94.1 bp −$94	doesn't fit	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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	−0.0853%	8h	256.59	+0.082%	$5.6M	$17.0M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	256.37	−0.004%	$302K	$341K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.42	+0.016%	$46K	$270K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.52	+0.054%	$23.7M	$112.3M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.37	−0.004%	$5.0M	$4.0M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.42	+0.016%	$6.8M	$23.7M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.52	+0.055%	$5.2M	$8.6M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	256.20	−0.070%	$711K	$485K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	254.92	−0.569%	$645	$191K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	256.45	+0.027%	$1K	$6.0M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX MRVL-USDT	0.0000%	8h	256.37	−0.004%	$131K	$47K	50x	as long as short
Aftermath Perps MRVLUSDshort	+0.0018%	1h	255.32	−0.414%	$593	$48K	10x
BloFin MRVL-USDT	+0.0018%	8h	256.30	−0.031%	$364K	$182K	50x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0023%	1h	256.39	+0.004%	$22K	$144K	10x	as long as short
QFEX MRVL-USD	+0.0030%	1h	256.21	−0.066%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.42	+0.016%	$89K	$202K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.49	−0.347%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	256.40	+0.008%	—	$51K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.30	−0.031%	$14.1M	$8.8M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.14	−0.094%	$102K	$80K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.83	−0.215%	$565K	$753K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	256.43	+0.020%	—	—	5x	as long as short
Nado MRVL-PERP	+0.0094%	1h	256.15	−0.090%	$87K	$272K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0096%	1h	253.60	−1.084%	$318K	$634K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.42	−0.374%	$4K	$139K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.47	+0.035%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.48	+0.037%	$18	—	10x	as long as short
KuCoin MRVLUSDTMlong	+0.0107%	8h	256.38	long leg	$507K	$64K	20x
SoDEX MRVL-USD	+0.0128%	1h	256.27	−0.043%	$174	$15K	10x	as long as short
Phoenix MRVL	+0.0157%	1h	255.58	−0.312%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	258.64	+0.882%	$11K	$735	12x	as long as short
edgeX MRVLUSDC	+0.0971%	4h	255.61	−0.302%	$36K	$372K	10x	as long as short