Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0122%/8h= −13.4% APRpaid last 24h −0.024%

Price spread now: KuCoin against edgeX−0.156%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$242as in the Funding arb table

Net, price: spread back to 7d avg − costs−$255as in the Price arb table

costs, in and out, $10k−$2422.422% of the position

Long on edgeX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.156%, 7d avg −0.027%

Together, before fees+0.079%+ Points / potential airdropedgeX: Active · farm board+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.129% cheaper against edgeX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.027%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX MRVLUSDC	257.39	0.0222	pay 0.0111% / 4h	3h 38m	$36K	$371K	10x
Short	KuCoin MRVLUSDTM	256.99	0.0100	get 0.0100% / 8h	3h 38m	$508K	$60K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. 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 edgeXbpFee KuCoinbpOrdersPrice spread, now −0.156%Rate

Funding earned: −$25.69
Price spread: −0.156% → −0.027%: −$12.91
Slippage, 4 orders: −$221.24
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$280.84
Costs to cover: 2.422%
Break-even: never at this rate

Slippage from edgeX: live order book, 15 min ago; KuCoin: live order book, 34 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 edgeX live order book, 15 min ago	5.41 bp	10.2 bp −$10	14.5 bp −$145	doesn't fit	doesn't fit
Sell KuCoin live order book, 34 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
Aster MRVLUSDT	0.0000%	8h	256.61	−0.304%	$308K	$331K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	256.72	−0.259%	$46K	$343K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	256.82	−0.222%	$23.7M	$109.0M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	256.76	−0.245%	$5.1M	$3.9M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	256.85	−0.210%	$6.8M	$22.5M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	256.73	−0.257%	$5.5M	$8.1M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	256.91	−0.187%	$5.5M	$16.2M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	257.34	−0.018%	$714K	$631K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	257.32	−0.028%	$818	$190K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	256.84	−0.214%	$1K	$6.1M	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	256.51	−0.342%	$22K	$144K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	256.94	−0.175%	$130K	$42K	50x	as long as short
BloFin MRVL-USDT	+0.0012%	8h	256.73	−0.257%	$369K	$171K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0018%	1h	257.54	+0.057%	$598	$49K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	256.85	−0.210%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	256.67	−0.280%	$89K	$203K	10x	as long as short
Nado MRVL-PERP	+0.0038%	1h	256.83	−0.217%	$88K	$272K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	257.18	−0.082%	$25K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	257.20	−0.074%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	256.59	−0.311%	$14.4M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	256.69	−0.272%	$102K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	256.71	−0.265%	$190	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	256.67	−0.280%	$573K	$720K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0053%	8h	256.91	−0.187%	—	—	5x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	257.16	−0.090%	$330K	$624K	10x	as long as short
KuCoin MRVLUSDTMshort	+0.0100%	8h	256.99	−0.156%	$508K	$60K	20x
ApeX Omni MRVLUSDT	+0.0100%	1h	257.78	+0.151%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	256.57	−0.319%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	256.54	−0.330%	$18	—	10x	as long as short
Phoenix MRVL	+0.0185%	1h	257.70	+0.120%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+1.655%	$11K	$734	12x	as long as short
edgeX MRVLUSDClong	+0.0222%	4h	257.39	long leg	$36K	$371K	10x