MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0112%/8h= −12.3% APRnext payment −$1.12 per $10,000 · paid last 24h −0.030%

Price spread now: Bybit against KuCoin−0.215%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$261as in the Funding arb table

Net, price: spread back to 7d avg − costs−$263as in the Price arb table

costs, in and out, $10k−$2432.431% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.178%−$18 on $10k

Price spread, last 4 days (all we have)+0.218%+$22 · spread now −0.215%, 7d avg −0.011%

Together, before fees+0.039%+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.204% cheaper against KuCoin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.011%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MRVLUSDTM	255.92	0.0112	pay 0.0112% / 8h	3h 03m	$506K	$62K	20x
Short	Bybit MRVLUSDT	255.37	0	get 0.0000% / 8h	3h 03m	$5.0M	$3.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.215%Rate

Funding earned: −$23.52
Price spread: −0.215% → −0.011%: −$20.4
Slippage, 4 orders: −$220.08
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$287
Costs to cover: 2.431%
Break-even: never at this rate

Slippage from KuCoin: live order book, 70 min ago; Bybit: live order book, 4 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, 70 min ago	5.38 bp	68.2 bp −$68	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.57 bp	10.1 bp −$10	25.3 bp −$253	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
Bitget MRVLUSDT	−0.0496%	8h	255.72	−0.078%	$5.5M	$16.4M	20x	as long as short
BloFin MRVL-USDT	−0.0027%	8h	255.68	−0.094%	$367K	$175K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	255.61	−0.123%	$301K	$339K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	255.42	−0.194%	$49K	$269K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	255.53	−0.151%	$23.5M	$110.1M	50x	as long as short
Bybit MRVLUSDTshort	0.0000%	8h	255.37	−0.215%	$5.0M	$3.9M	50x
OKX MRVL-USDT-SWAP	0.0000%	8h	255.37	−0.215%	$6.8M	$22.8M	50x	as long as short
Gate MRVL_USDT	0.0000%	8h	255.46	−0.180%	$5.4M	$8.3M	50x	as long as short
Variational Omni MRVL	0.0000%	8h	255.96	+0.016%	$710K	$502K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	255.39	−0.207%	$243	$191K	10x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MRVL-USDT	0.0000%	8h	256.04	+0.047%	$1K	$6.0M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	255.72	−0.078%	$129K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0022%	1h	255.70	−0.087%	$628	$48K	10x	as long as short
QFEX MRVL-USD	+0.0025%	1h	255.69	−0.090%	$1.1M	$3.6M	10x	as long as short
Lighter MRVL	+0.0032%	1h	255.46	−0.180%	$88K	$203K	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	255.48	−0.172%	$24K	$27K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	255.98	+0.023%	—	$50K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	255.44	−0.188%	$14.1M	$8.7M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	255.72	−0.078%	$101K	$80K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	255.86	−0.023%	$133	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	255.67	−0.098%	$547K	$758K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0051%	8h	255.46	−0.181%	—	—	5x	as long as short
edgeX MRVLUSDC	+0.0087%	4h	255.33	−0.230%	$36K	$372K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0088%	1h	255.30	−0.242%	$321K	$633K	10x	as long as short
Nado MRVL-PERP	+0.0095%	1h	255.70	−0.086%	$87K	$272K	10x	as long as short
ApeX Omni MRVLUSDT	+0.0100%	1h	255.74	−0.070%	$4K	$140K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	255.84	−0.031%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	255.84	−0.031%	$18	—	10x	as long as short
KuCoin MRVLUSDTMlong	+0.0112%	8h	255.92	long leg	$506K	$62K	20x
Deribit MRVL_USDC-PERPETUAL	+0.0180%	1h	255.82	−0.039%	$22K	$144K	10x	as long as short
Phoenix MRVL	+0.0185%	1h	255.88	−0.016%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	261.65	+2.239%	$11K	$734	12x	as long as short