Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.022%
Price spread now: Binance against KuCoin−0.049%7-day average +0.039% · 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−$261as in the Price arb table
costs, in and out, $10k−$2522.524% of the position
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.049%, 7d avg +0.039%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.088% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.039%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MRVLUSDTM | 252.20 | 0.0100 | pay 0.0100% / 8h | 7h 34m | $498K | $111K | 20x |
| Short | Binance MRVLUSDT | 252.08 | 0 | get 0.0000% / 8h | 7h 34m | $23.3M | $115.6M | 50x |
KuCoin MRVLUSDTM
Binance MRVLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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: −0.049% → +0.039%
- −$8.78
- Slippage, 4 orders
- −$230.37
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$282.15
- Costs to cover
- 2.524%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 59 min ago; Binance: live order book, 8 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, 59 min ago | 5.09 bp | 101.5 bp −$101 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.20 bp | 6.9 bp −$7 | 13.8 bp −$138 | 57.5 bp −$5,749 | 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 | −0.0407% | 8h | 252.06 | −0.056% | $5.5M | $17.6M | 20x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 252.36 | +0.062% | $297K | $336K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 252.23 | +0.014% | $47K | $300K | 10x | as long as short |
| Binance MRVLUSDTshort | 0.0000% | 8h | 252.08 | −0.049% | $23.3M | $115.6M | 50x | |
| Bybit MRVLUSDT | 0.0000% | 8h | 251.98 | −0.087% | $4.9M | $4.1M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 251.63 | −0.226% | $6.7M | $24.1M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 252.27 | +0.028% | $4.9M | $8.5M | 50x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 252.28 | +0.033% | $707K | $457K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 252.95 | +0.297% | $210 | $182K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 252.17 | −0.012% | $1K | $5.7M | 10x | as long as short |
Bitget MRVLUSDT
Aster MRVLUSDT
Extended MRVL-USD
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_Perp
SunX MRVL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 252.11 | −0.036% | $22K | $145K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 252.73 | +0.210% | $130K | $48K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0012% | 8h | 252.17 | −0.012% | $362K | $192K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0020% | 1h | 252.94 | +0.294% | $1K | $46K | 10x | as long as short |
| QFEX MRVL-USD | +0.0022% | 1h | 252.19 | −0.004% | $1.1M | $3.5M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 252.01 | −0.075% | $87K | $164K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 252.18 | −0.008% | $22K | $27K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 252.46 | +0.103% | — | $51K | 25x | as long as short |
| Paradex MRVL-USD-PERP | +0.0049% | 8h | 251.88 | −0.127% | — | — | 5x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 251.94 | −0.103% | $13.9M | $9.1M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 252.02 | −0.071% | $98K | $76K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 252.18 | −0.008% | $116 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 252.25 | +0.020% | $536K | $843K | 10x | as long as short |
| Nado MRVL-PERP | +0.0054% | 1h | 252.25 | +0.019% | $86K | $272K | 10x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0072% | 1h | 252.03 | −0.067% | $321K | $662K | 10x | as long as short |
| KuCoin MRVLUSDTMlong | +0.0100% | 8h | 252.20 | long leg | $498K | $111K | 20x | |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 252.94 | +0.293% | $4K | $144K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 252.42 | +0.087% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 252.35 | +0.058% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0188% | 1h | 253.01 | +0.321% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 256.63 | +1.757% | $11K | $845 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0634% | 4h | 253.26 | +0.421% | $36K | $374K | 10x | as long as short |
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
Paradex MRVL-USD-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Nado MRVL-PERP
Coinbase International MRVL-PERP-INTX
ApeX Omni MRVLUSDT
Orderly PERP_MRVL_USDC_mythos
Aevo MRVL-PERP
Phoenix MRVL
Injective MRVL/USDC PERP
edgeX MRVLUSDC