MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: OKX against KuCoin−0.111%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$271as in the Funding arb table

Net, price: spread back to 7d avg − costs−$268as in the Price arb table

costs, in and out, $10k−$2562.557% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.149%−$15 on $10k

Price spread, last 4 days (all we have)+0.190%+$19 · spread now −0.111%, 7d avg +0.009%

Together, before fees+0.042%+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.120% cheaper against KuCoin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.009%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MRVLUSDTM	251.88	0.0100	pay 0.0100% / 8h	7h 34m	$499K	$111K	20x
Short	OKX MRVL-USDT-SWAP	251.60	0	get 0.0000% / 8h	7h 34m	$6.7M	$24.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.111%Rate

Funding earned: −$21
Price spread: −0.111% → +0.009%: −$12.03
Slippage, 4 orders: −$233.69
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$288.72
Costs to cover: 2.557%
Break-even: never at this rate

Slippage from KuCoin: live order book, 60 min ago; OKX: live order book, 4 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, 60 min ago	5.09 bp	101.5 bp −$101	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.20 bp	9.6 bp −$10	22.8 bp −$228	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
Bitget MRVLUSDT	−0.0403%	8h	251.70	−0.071%	$5.5M	$17.7M	20x	as long as short
Aster MRVLUSDT	0.0000%	8h	251.98	+0.038%	$297K	$336K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	251.73	−0.058%	$46K	$300K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	251.76	−0.049%	$23.2M	$116.1M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	251.68	−0.079%	$4.9M	$4.1M	50x	as long as short
OKX MRVL-USDT-SWAPshort	0.0000%	8h	251.60	−0.111%	$6.7M	$24.1M	50x
Gate MRVL_USDT	0.0000%	8h	251.87	−0.004%	$4.9M	$8.5M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	252.28	+0.160%	$707K	$457K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	252.95	+0.425%	$210	$182K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	251.76	−0.048%	$1K	$5.7M	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	251.82	−0.024%	$130K	$48K	50x	as long as short
BloFin MRVL-USDT	+0.0012%	8h	252.17	+0.115%	$362K	$192K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	252.74	+0.340%	$1K	$46K	10x	as long as short
QFEX MRVL-USD	+0.0022%	1h	251.70	−0.071%	$1.1M	$3.5M	10x	as long as short
Lighter MRVL	+0.0032%	1h	251.90	+0.008%	$87K	$164K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	251.71	−0.067%	$22K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	251.91	+0.012%	—	$51K	25x	as long as short
Paradex MRVL-USD-PERP	+0.0049%	8h	251.88	0.000%	—	—	5x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	251.63	−0.099%	$13.8M	$9.2M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	251.58	−0.119%	$98K	$76K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	251.90	+0.008%	$116	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	252.25	+0.147%	$536K	$843K	10x	as long as short
Nado MRVL-PERP	+0.0058%	1h	251.82	−0.026%	$86K	$276K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0072%	1h	252.03	+0.060%	$321K	$662K	10x	as long as short
KuCoin MRVLUSDTMlong	+0.0100%	8h	251.88	long leg	$499K	$111K	20x
ApeX Omni MRVLUSDT	+0.0100%	1h	252.94	+0.421%	$4K	$144K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	252.10	+0.087%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	252.01	+0.051%	$18	—	10x	as long as short
Phoenix MRVL	+0.0188%	1h	253.01	+0.449%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	256.63	+1.886%	$11K	$845	12x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0227%	1h	251.90	+0.008%	$22K	$145K	10x	as long as short
edgeX MRVLUSDC	+0.0634%	4h	253.26	+0.549%	$36K	$374K	10x	as long as short