Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.025%
Price spread now: Bitget against KuCoin−0.085%7-day average +0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$245as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as in the Price arb table
costs, in and out, $10k−$2422.425% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)+0.095%+$10 · spread now −0.085%, 7d avg +0.035%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.120% cheaper against KuCoin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.035%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MRVLUSDTM | 257.92 | 0.0100 | pay 0.0100% / 8h | 3h 41m | $510K | $61K | 20x |
| Short | Bitget MRVLUSDT | 257.70 | 0 | get 0.0000% / 8h | 3h 41m | $5.5M | $16.2M | 20x |
KuCoin MRVLUSDTM
Bitget MRVLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.085% → +0.035%
- −$12.04
- Slippage, 4 orders
- −$218.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$275.5
- Costs to cover
- 2.425%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 32 min ago; Bitget: live order book, 2 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, 32 min ago | 5.38 bp | 68.2 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.75 bp | 10.7 bp −$11 | 15.1 bp −$151 | 30.6 bp −$3,059 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MRVL-USDT | −0.0011% | 8h | 257.72 | −0.078% | $370K | $171K | 50x | as long as short |
| Aster MRVLUSDT | 0.0000% | 8h | 257.76 | −0.061% | $309K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 257.64 | −0.110% | $46K | $343K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 257.35 | −0.222% | $23.7M | $108.8M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 257.52 | −0.155% | $5.1M | $3.9M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 257.41 | −0.198% | $6.9M | $22.5M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 257.61 | −0.120% | $5.5M | $8.1M | 50x | as long as short |
| Bitget MRVLUSDTshort | 0.0000% | 8h | 257.70 | −0.085% | $5.5M | $16.2M | 20x | |
| Variational Omni MRVL | 0.0000% | 8h | 257.94 | +0.010% | $715K | $633K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 257.81 | −0.041% | $820 | $190K | 10x | as long as short |
BloFin MRVL-USDT
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Variational Omni MRVL
GRVT MRVL_USDT_PerpShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MRVL-USDT | 0.0000% | 8h | 257.86 | −0.023% | $1K | $6.1M | 10x | as long as short |
| Deribit MRVL_USDC-PERPETUAL | 0.0000% | 1h | 257.72 | −0.078% | $22K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 257.78 | −0.054% | $130K | $42K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0019% | 1h | 257.90 | −0.008% | $599 | $49K | 10x | as long as short |
| QFEX MRVL-USD | +0.0025% | 1h | 257.66 | −0.101% | $1.1M | $3.6M | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 257.33 | −0.229% | $89K | $203K | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 257.61 | −0.120% | $25K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 257.99 | +0.027% | — | $50K | 25x | as long as short |
| Nado MRVL-PERP | +0.0047% | 1h | 257.73 | −0.075% | $88K | $272K | 10x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 257.28 | −0.248% | $14.4M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 257.60 | −0.124% | $102K | $80K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 257.78 | −0.054% | $191 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 257.52 | −0.155% | $573K | $721K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0053% | 8h | 257.74 | −0.070% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0088% | 1h | 257.42 | −0.194% | $331K | $625K | 10x | as long as short |
| KuCoin MRVLUSDTMlong | +0.0100% | 8h | 257.92 | long leg | $510K | $61K | 20x | |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 257.84 | −0.031% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 257.74 | −0.070% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 257.70 | −0.087% | $18 | — | 10x | as long as short |
| Phoenix MRVL | +0.0185% | 1h | 257.68 | −0.093% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERP | +0.0220% | 1h | 261.65 | +1.446% | $11K | $734 | 12x | as long as short |
| edgeX MRVLUSDC | +0.0862% | 4h | 258.02 | +0.037% | $36K | $373K | 10x | as long as short |
SunX MRVL-USDT
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
Aftermath Perps MRVLUSD
QFEX MRVL-USD
Lighter MRVL
Arcus MRVL-USD
Vest MRVL-USD-PERP
Nado MRVL-PERP
tradeXYZ xyz:MRVL
Polymarket Perps MRVL-USD
SoDEX MRVL-USD
Ondo Perps MRVL-USD.P
Paradex MRVL-USD-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