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: KuCoin against Bybit−0.135%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$2062.057% of the position
Funding, last 7 days+0.178%+$18 on $10k
+Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.135%, 7d avg +0.011%
=Funding pays, the price is against you. KuCoin is 0.145% cheaper against Bybit than usual: you would sell low and buy high (spread −0.135% now, against its 7-day average of +0.011%). If the spread goes back, that is −$15 on $10k: about 4.8 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MRVLUSDT | 252.42 | 0 | get 0.0000% / 8h | 7h 19m | $4.9M | $4.2M | 50x |
| Short | KuCoin MRVLUSDTM | 252.08 | 0.0100 | get 0.0100% / 8h | 7h 19m | $498K | $131K | 20x |
Bybit MRVLUSDT
KuCoin MRVLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- $21
- Price spread: −0.135% → +0.011%
- −$14.54
- Slippage, 4 orders
- −$182.74
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$199.28
- Costs to cover
- 2.057%
- Break-even
- 73.4 days
Slippage from Bybit: live order book, 3 min ago; KuCoin: 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 Bybit live order book, 3 min ago | 1.39 bp | 13.0 bp −$13 | 45.7 bp −$457 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 5.57 bp | 54.4 bp −$54 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget MRVLUSDT | −0.0359% | 8h | 252.62 | +0.079% | $5.4M | $18.1M | 20x | as long as short |
| GRVT MRVL_USDT_Perp | −0.0148% | 8h | 251.63 | −0.312% | $289 | $182K | 10x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 252.30 | −0.049% | $298K | $337K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 252.24 | −0.072% | $45K | $303K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 252.45 | +0.011% | $23.2M | $118.2M | 50x | as long as short |
| Bybit MRVLUSDTlong | 0.0000% | 8h | 252.42 | long leg | $4.9M | $4.2M | 50x | |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 252.66 | +0.095% | $6.8M | $24.8M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 252.41 | −0.004% | $4.9M | $8.6M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 252.42 | −0.001% | $704K | $457K | — | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 252.37 | −0.020% | $2K | $5.7M | 10x | as long as short |
Bitget MRVLUSDT
GRVT MRVL_USDT_Perp
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
SunX MRVL-USDTShow 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 | −0.238% | $129K | $48K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 251.65 | −0.305% | $1K | $45K | 10x | as long as short |
| QFEX MRVL-USD | +0.0022% | 1h | 252.26 | −0.063% | $1.1M | $3.5M | 10x | as long as short |
| BloFin MRVL-USDT | +0.0028% | 8h | 252.26 | −0.063% | $368K | $197K | 50x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 252.19 | −0.091% | $87K | $164K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 252.00 | −0.166% | $22K | $27K | 5x | as long as short |
| Nado MRVL-PERP | +0.0043% | 1h | 252.16 | −0.103% | $86K | $276K | 10x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 252.37 | −0.020% | — | $51K | 25x | as long as short |
| Paradex MRVL-USD-PERP | +0.0049% | 8h | 252.13 | −0.117% | — | — | 5x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 252.20 | −0.087% | $13.8M | $9.3M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 252.10 | −0.127% | $98K | $76K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 252.32 | −0.040% | $161 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 252.11 | −0.123% | $535K | $847K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0072% | 1h | 252.29 | −0.052% | $319K | $684K | 10x | as long as short |
| KuCoin MRVLUSDTMshort | +0.0100% | 8h | 252.08 | −0.135% | $498K | $131K | 20x | |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 251.82 | −0.238% | $4K | $143K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 252.36 | −0.024% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 252.31 | −0.042% | $18 | — | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0107% | 1h | 252.24 | −0.071% | $22K | $145K | 10x | as long as short |
| Phoenix MRVL | +0.0188% | 1h | 251.86 | −0.222% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 256.63 | +1.668% | $11K | $845 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0272% | 4h | 251.71 | −0.282% | $36K | $374K | 10x | as long as short |
HTX MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
BloFin MRVL-USDT
Lighter MRVL
Arcus MRVL-USD
Nado MRVL-PERP
Vest MRVL-USD-PERP
Paradex MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Coinbase International MRVL-PERP-INTX
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Deribit MRVL_USDC-PERPETUAL
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC