Funding arb · Price arb /

MRVL

RWAall MRVL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: ApeX Omni against KuCoin−0.004%67s7-day average +0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$265as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2672.672% of the position

Long on KuCoin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.022%+$2 on $10k

Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.004%, 7d avg +0.017%

Together, before fees+0.147%+$15 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.021% cheaper against KuCoin than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.017%. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MRVLUSDTM	260.53	0.0100	pay 0.0100% / 8h	6h 14m	$515K	$63K	20x
Short	ApeX Omni MRVLUSDT	260.52	0.0100	get 0.0013% / 1h	14m 15s	$4K	$141K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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 KuCoinbpFee ApeX OmnibpOrdersPrice spread, now −0.004%Rate

Funding earned: $0
Price spread: −0.004% → +0.017%: −$2.13
Slippage, 4 orders: −$245.17
Fee KuCoin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$269.3
Costs to cover: 2.672%
Break-even: never at this rate

Slippage from KuCoin: live order book, 24 min ago; ApeX Omni: live order book, 52 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 KuCoin live order book, 24 min ago	6.16 bp	50.1 bp −$50	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 52 min ago	24.09 bp	34.8 bp −$35	210.8 bp −$2,108	doesn't fit	doesn't fit

MRVL on 31 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	260.52	−0.004%	$313K	$330K	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.56	+0.012%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAP	0.0000%	8h	260.56	+0.012%	$7.0M	$22.4M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	260.57	+0.015%	$5.6M	$8.8M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.58	+0.019%	$5.6M	$16.2M	20x	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.45	−0.031%	$484	$194K	10x	as long as short
SunX MRVL-USDT	0.0000%	8h	260.61	+0.031%	$1K	$6.4M	10x	as long as short
Deribit MRVL_USDC-PERPETUAL	0.0000%	1h	260.60	+0.027%	$23K	$143K	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.24	−0.111%	$131K	$41K	50x	as long as short
Variational Omni MRVL	+0.0004%	8h	260.50	−0.013%	$725K	$662K	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International MRVL-PERP-INTX	+0.0008%	1h	260.39	−0.054%	$335K	$637K	10x	as long as short
Aftermath Perps MRVLUSD	+0.0013%	1h	260.45	−0.032%	$884	$51K	10x	as long as short
QFEX MRVL-USD	+0.0023%	1h	260.52	−0.004%	$1.1M	$3.8M	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.66	+0.050%	$95K	$206K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.29	−0.092%	$25K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	260.92	+0.150%	—	$45K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.52	−0.004%	$14.7M	$8.4M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.50	−0.012%	$104K	$77K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.56	+0.012%	$125	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.33	−0.077%	$567K	$664K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	260.47	−0.021%	—	—	5x	as long as short
Extended MRVL-USD	+0.0056%	1h	260.58	+0.020%	$47K	$351K	10x	as long as short
Binance MRVLUSDT	+0.0060%	8h	260.67	+0.054%	$24.2M	$109.9M	50x	as long as short
Nado MRVL-PERP	+0.0063%	1h	260.48	−0.021%	$89K	$282K	10x	as long as short
KuCoin MRVLUSDTMlong	+0.0100%	8h	260.53	long leg	$515K	$63K	20x
ApeX Omni MRVLUSDTshort	+0.0100%	1h	260.52	−0.004%	$4K	$141K	50x
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.60	+0.027%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.61	+0.032%	$18	—	10x	as long as short
Phoenix MRVL	+0.0153%	1h	260.63	+0.038%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	262.62	+0.802%	$11K	$679	12x	as long as short
edgeX MRVLUSDC	+0.0571%	4h	260.33	−0.078%	$37K	$371K	10x	as long as short