Funding you earn now, next payment 03:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.020%
Price spread now: Lighter against KuCoin−0.046%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$221as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2102.103% of the position
Funding, last 7 days−0.110%−$11 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now −0.046%, 7d avg −0.015%
=Together, before fees−0.047%+ Points / potential airdropLighter: Season 3 · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter is 0.031% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MRVLUSDTM | 260.37 | 0.0100 | pay 0.0100% / 8h | 5h 22m | $514K | $61K | 20x |
| Short | Lighter MRVL | 260.25 | 0.0032 | get 0.0004% / 1h | 22m 44s | $94K | $204K | 10x |
KuCoin MRVLUSDTM
Lighter MRVLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- −$14.28
- Price spread: −0.046% → −0.015%
- −$3.13
- Slippage, 4 orders
- −$198.32
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$227.73
- Costs to cover
- 2.103%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 75 min ago; Lighter: live order book, 22 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 KuCoin live order book, 75 min ago | 6.16 bp | 50.1 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 22 min ago | 2.69 bp | 3.4 bp −$3 | 13.7 bp −$137 | 25.7 bp −$2,566 | 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 | 260.26 | −0.042% | $312K | $330K | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.18 | −0.073% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.20 | −0.065% | $7.0M | $22.2M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.18 | −0.073% | $5.6M | $8.4M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.35 | −0.008% | $5.5M | $16.0M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 260.08 | −0.111% | $716K | $654K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 260.12 | −0.096% | $840 | $188K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.17 | −0.077% | $2K | $6.1M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 260.15 | −0.084% | $23K | $143K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.17 | −0.077% | $131K | $42K | 50x | as long as short |
Aster MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDT | +0.0009% | 8h | 260.11 | −0.100% | $377K | $170K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0015% | 1h | 260.11 | −0.100% | $604 | $50K | 10x | as long as short |
| Extended MRVL-USD | +0.0024% | 1h | 260.18 | −0.073% | $51K | $353K | 10x | as long as short |
| QFEX MRVL-USD | +0.0026% | 1h | 260.14 | −0.088% | $1.1M | $3.7M | 10x | as long as short |
| Binance MRVLUSDT | +0.0027% | 8h | 260.32 | −0.021% | $24.2M | $107.8M | 50x | as long as short |
| Lighter MRVLshort | +0.0032% | 1h | 260.25 | −0.046% | $94K | $204K | 10x | |
| Coinbase International MRVL-PERP-INTX | +0.0032% | 1h | 259.84 | −0.204% | $334K | $630K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 259.91 | −0.177% | $25K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 260.48 | +0.042% | — | $49K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 260.14 | −0.088% | $14.5M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 259.99 | −0.146% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.16 | −0.081% | $177 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 259.84 | −0.204% | $575K | $692K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 260.20 | −0.066% | — | — | 5x | as long as short |
| KuCoin MRVLUSDTMlong | +0.0100% | 8h | 260.37 | long leg | $514K | $61K | 20x | |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.03 | −0.131% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.12 | −0.096% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.10 | −0.105% | $18 | — | 10x | as long as short |
| Nado MRVL-PERP | +0.0105% | 1h | 260.14 | −0.089% | $89K | $274K | 10x | as long as short |
| Phoenix MRVL | +0.0215% | 1h | 260.11 | −0.100% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.39 | +1.160% | $11K | $693 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0891% | 4h | 259.99 | −0.145% | $37K | $370K | 10x | as long as short |
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Extended MRVL-USD
QFEX MRVL-USD
Binance MRVLUSDT
Coinbase International MRVL-PERP-INTX
Arcus MRVL-USD
Vest MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Nado MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC