MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.020%

Price spread now: KuCoin against Binance+0.073%7-day average −0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$223as in the Funding arb table

Net, price: spread back to 7d avg − costs−$224as in the Price arb table

costs, in and out, $10k−$2352.352% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.127%+$13 on $10k

Price spread, last 4 days (all we have)+0.121%+$12 · spread now +0.073%, 7d avg −0.041%

Together, before fees+0.248%+$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.114% dearer against Binance than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MRVLUSDT	260.32	0	get 0.0000% / 8h	4h 07m	$24.1M	$107.7M	50x
Short	KuCoin MRVLUSDTM	260.51	0.0100	get 0.0100% / 8h	4h 07m	$514K	$60K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now +0.073%Rate

Funding earned: $21
Price spread: +0.073% → −0.041%: $11.4
Slippage, 4 orders: −$213.2
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$202.8
Costs to cover: 2.352%
Break-even: 74.6 days

Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 6 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 Binance live order book, 6 min ago	0.38 bp	6.6 bp −$7	10.8 bp −$108	49.4 bp −$4,937	doesn't fit
Sell KuCoin live order book, 6 min ago	5.38 bp	153.7 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
BloFin MRVL-USDT	−0.0014%	8h	260.20	−0.046%	$374K	$172K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	260.44	+0.048%	$313K	$331K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	260.32	0.000%	$47K	$345K	10x	as long as short
Binance MRVLUSDTlong	0.0000%	8h	260.32	long leg	$24.1M	$107.7M	50x
Bybit MRVLUSDT	0.0000%	8h	260.23	−0.035%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.21	−0.042%	$7.0M	$22.3M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.43	+0.042%	$5.6M	$8.2M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.36	+0.015%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.44	+0.045%	$717K	$633K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.60	+0.106%	$636	$189K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	260.44	+0.046%	$1K	$6.1M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.37	+0.019%	$131K	$42K	50x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0019%	1h	260.28	−0.015%	$23K	$144K	10x	as long as short
Aftermath Perps MRVLUSD	+0.0020%	1h	260.31	−0.004%	$658	$49K	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.34	+0.008%	$94K	$200K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	260.38	+0.023%	$1.1M	$3.6M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.18	−0.054%	$26K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.71	+0.150%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.23	−0.035%	$14.6M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.21	−0.042%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.27	−0.019%	$104	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.26	−0.023%	$575K	$679K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0054%	8h	260.35	+0.010%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	260.25	−0.027%	$334K	$633K	10x	as long as short
KuCoin MRVLUSDTMshort	+0.0100%	8h	260.51	+0.073%	$514K	$60K	20x
ApeX Omni MRVLUSDT	+0.0100%	1h	260.39	+0.027%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.35	+0.012%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.36	+0.017%	$18	—	10x	as long as short
Nado MRVL-PERP	+0.0131%	1h	260.27	−0.021%	$89K	$272K	10x	as long as short
Phoenix MRVL	+0.0153%	1h	260.48	+0.061%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.30	+1.145%	$11K	$705	12x	as long as short
edgeX MRVLUSDC	+0.0762%	4h	260.45	+0.048%	$37K	$371K	10x	as long as short