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 Gate−0.051%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$238as in the Price arb table
costs, in and out, $10k−$2352.355% of the position
Funding, last 7 days+0.427%+$43 on $10k
+Price spread, last 4 days (all we have)+0.065%+$7 · spread now −0.051%, 7d avg −0.027%
=Funding pays, the price is against you. KuCoin is 0.024% cheaper against Gate than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of −0.027%). If the spread goes back, that is −$2 on $10k: about 19 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.427% in total) that is about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MRVL_USDT | 255.76 | 0 | get 0.0000% / 8h | 6h 06m | $5.0M | $8.6M | 50x |
| Short | KuCoin MRVLUSDTM | 255.63 | 0.0100 | get 0.0100% / 8h | 6h 06m | $504K | $218K | 20x |
Gate MRVL_USDT
KuCoin MRVLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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: −0.051% → −0.027%
- −$2.38
- Slippage, 4 orders
- −$208.48
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$216.87
- Costs to cover
- 2.355%
- Break-even
- 79.3 days
Slippage from Gate: live order book, 1 min ago; KuCoin: live order book, 39 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 Gate live order book, 1 min ago | 3.91 bp | 24.4 bp −$24 | 41.6 bp −$416 | 49.4 bp −$4,944 | 82.4 bp −$41.2K |
| Sell KuCoin live order book, 39 min ago | 6.88 bp | 151.7 bp −$152 | doesn't fit | doesn't fit | doesn't fit |
MRVL on 32 exchanges
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 | 255.86 | +0.039% | $301K | $338K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 255.77 | +0.003% | $46K | $300K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 256.02 | +0.104% | $23.5M | $119.3M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 255.69 | −0.027% | $5.0M | $4.2M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 255.83 | +0.027% | $6.9M | $25.6M | 50x | as long as short |
| Gate MRVL_USDTlong | 0.0000% | 8h | 255.76 | long leg | $5.0M | $8.6M | 50x | |
| Bitget MRVLUSDT | 0.0000% | 8h | 255.90 | +0.055% | $5.5M | $18.8M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 254.89 | −0.341% | $708K | $214K | — | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 256.18 | +0.164% | $2K | $5.4M | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 255.46 | −0.117% | $131K | $48K | 50x | as long as short |
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Bitget MRVLUSDT
Variational Omni MRVL
SunX MRVL-USDT
HTX MRVL-USDTShow all 32 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDT | +0.0005% | 8h | 255.65 | −0.043% | $373K | $210K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0018% | 1h | 254.97 | −0.308% | $1K | $44K | 10x | as long as short |
| QFEX MRVL-USD | +0.0031% | 1h | 255.69 | −0.027% | $1.2M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 256.00 | +0.094% | $89K | $164K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 254.84 | −0.360% | $22K | $22K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 255.93 | +0.066% | — | $51K | 25x | as long as short |
| Nado MRVL-PERP | +0.0049% | 1h | 255.78 | +0.009% | $87K | $276K | 10x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 255.61 | −0.059% | $14.0M | $9.4M | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 255.67 | −0.035% | $199 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 254.78 | −0.383% | $542K | $862K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0051% | 8h | 255.80 | +0.015% | — | — | 5x | as long as short |
| GRVT MRVL_USDT_Perp | +0.0061% | 8h | 254.93 | −0.323% | $943 | $181K | 10x | as long as short |
| KuCoin MRVLUSDTMshort | +0.0100% | 8h | 255.63 | −0.051% | $504K | $218K | 20x | |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 254.64 | −0.438% | $4K | $144K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 255.62 | −0.055% | $2K | $2K | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | +0.0102% | 1h | 255.74 | −0.008% | $22K | $145K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 255.68 | −0.032% | $18 | — | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0128% | 1h | 254.68 | −0.422% | $316K | $485K | 10x | as long as short |
| Phoenix MRVL | +0.0157% | 1h | 254.96 | −0.313% | $11K | $13K | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0209% | 1h | 256.18 | +0.164% | $100K | $76K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 256.63 | +0.340% | $11K | $832 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0479% | 4h | 254.84 | −0.360% | $36K | $374K | 10x | as long as short |
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
Nado MRVL-PERP
tradeXYZ xyz:MRVL
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-PERP
GRVT MRVL_USDT_Perp
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Deribit MRVL_USDC-PERPETUAL
Aevo MRVL-PERP
Coinbase International MRVL-PERP-INTX
Phoenix MRVL
Polymarket Perps MRVL-USD
Injective MRVL/USDC PERP
edgeX MRVLUSDC