Funding you earn now, next payment 04:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: KuCoin against Lighter+0.065%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$235as in the Funding arb table
Net, price: spread back to 7d avg − costs−$241as in the Price arb table
costs, in and out, $10k−$2462.463% of the position
Funding, last 7 days+0.110%+$11 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.065%, 7d avg +0.014%
=Together, before fees+0.088%+ Points / potential airdropLighter: Season 3 · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.051% dearer against Lighter than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MRVL | 260.80 | 0.0032 | pay 0.0004% / 1h | 33m 25s | $94K | $200K | 10x |
| Short | KuCoin MRVLUSDTM | 260.97 | 0.0100 | get 0.0100% / 8h | 4h 33m | $515K | $60K | 20x |
Lighter MRVL
KuCoin MRVLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Lighter. 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: +0.065% → +0.014%
- $5.13
- Slippage, 4 orders
- −$234.29
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$226.87
- Costs to cover
- 2.463%
- Break-even
- 118.2 days
Slippage from Lighter: live order book, 7 min ago; KuCoin: live order book, 50 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 Lighter live order book, 7 min ago | 2.11 bp | 11.4 bp −$11 | 12.3 bp −$123 | 21.3 bp −$2,126 | doesn't fit |
| Sell KuCoin live order book, 50 min ago | 5.38 bp | 154.0 bp −$154 | 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 | 260.85 | +0.020% | $313K | $330K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 260.80 | −0.001% | $47K | $349K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 260.89 | +0.034% | $24.3M | $107.7M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.74 | −0.023% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.67 | −0.050% | $7.0M | $22.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.84 | +0.015% | $5.6M | $8.1M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.87 | +0.027% | $5.6M | $16.0M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 260.83 | +0.011% | $718K | $640K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 260.83 | +0.012% | $355 | $188K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.83 | +0.012% | $1K | $6.1M | 10x | as long as short |
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 260.66 | −0.054% | $23K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.89 | +0.035% | $132K | $42K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0004% | 8h | 260.70 | −0.038% | $374K | $172K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0017% | 1h | 260.73 | −0.025% | $605 | $49K | 10x | as long as short |
| Lighter MRVLlong | +0.0032% | 1h | 260.80 | long leg | $94K | $200K | 10x | |
| QFEX MRVL-USD | +0.0038% | 1h | 260.79 | −0.004% | $1.1M | $3.6M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.61 | −0.073% | $26K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 261.20 | +0.153% | — | $49K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 260.70 | −0.038% | $14.6M | $8.3M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.70 | −0.038% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.76 | −0.015% | $120 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.59 | −0.081% | $576K | $681K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0052% | 8h | 260.76 | −0.015% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0064% | 1h | 259.84 | −0.368% | $334K | $629K | 10x | as long as short |
| Nado MRVL-PERP | +0.0092% | 1h | 260.72 | −0.033% | $89K | $272K | 10x | as long as short |
| KuCoin MRVLUSDTMshort | +0.0100% | 8h | 260.97 | +0.065% | $515K | $60K | 20x | |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.84 | +0.015% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.85 | +0.019% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.72 | −0.029% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0153% | 1h | 260.79 | −0.004% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 263.69 | +1.108% | $11K | $700 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0390% | 4h | 260.76 | −0.017% | $37K | $372K | 10x | as long as short |
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
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
Coinbase International MRVL-PERP-INTX
Nado MRVL-PERP
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC