Funding you earn now, next payment 04:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%
Price spread now: Injective against KuCoin+1.055%85s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Injective is 1.055% dearer against KuCoin than usual: you sell high and buy low: +$106 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 85 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 | 260.55 | 0.0100 | pay 0.0100% / 8h | 4h 07m | $514K | $60K | 20x |
| Short | Injective MRVL/USDC PERP | 263.30 | 0.0220 | get 0.0028% / 1h | 7m 57s | $11K | $705 | 12x |
KuCoin MRVLUSDTM
Injective MRVL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $25.2
- Price spread: +1.055% → 0.000%
- $105.55
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $118.73
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 5 min ago; Injective: no order-book sample. Net counts fees only.
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, 5 min ago | 5.38 bp | 68.2 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MRVLUSDT | 0.0000% | 8h | 260.49 | −0.023% | $313K | $331K | 50x | as long as short |
| Extended MRVL-USD | 0.0000% | 1h | 260.36 | −0.073% | $47K | $345K | 10x | as long as short |
| Binance MRVLUSDT | 0.0000% | 8h | 260.44 | −0.042% | $24.1M | $107.7M | 50x | as long as short |
| Bybit MRVLUSDT | 0.0000% | 8h | 260.31 | −0.092% | $5.1M | $3.8M | 50x | as long as short |
| OKX MRVL-USDT-SWAP | 0.0000% | 8h | 260.32 | −0.088% | $7.0M | $22.3M | 50x | as long as short |
| Gate MRVL_USDT | 0.0000% | 8h | 260.42 | −0.050% | $5.6M | $8.2M | 50x | as long as short |
| Bitget MRVLUSDT | 0.0000% | 8h | 260.41 | −0.054% | $5.6M | $16.0M | 20x | as long as short |
| Variational Omni MRVL | 0.0000% | 8h | 260.44 | −0.043% | $717K | $633K | — | as long as short |
| GRVT MRVL_USDT_Perp | 0.0000% | 8h | 260.60 | +0.018% | $636 | $189K | 10x | as long as short |
| SunX MRVL-USDT | 0.0000% | 8h | 260.45 | −0.038% | $940 | $6.1M | 10x | as long as short |
Aster MRVLUSDT
Extended MRVL-USD
Binance MRVLUSDT
Bybit MRVLUSDT
OKX MRVL-USDT-SWAP
Gate MRVL_USDT
Bitget MRVLUSDT
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 | 260.30 | −0.096% | $23K | $144K | 10x | as long as short |
| HTX MRVL-USDT | 0.0000% | 8h | 260.34 | −0.081% | $131K | $42K | 50x | as long as short |
| BloFin MRVL-USDT | +0.0014% | 8h | 260.50 | −0.019% | $374K | $172K | 50x | as long as short |
| Aftermath Perps MRVLUSD | +0.0020% | 1h | 260.37 | −0.068% | $604 | $49K | 10x | as long as short |
| Lighter MRVL | +0.0032% | 1h | 260.41 | −0.054% | $94K | $200K | 10x | as long as short |
| QFEX MRVL-USD | +0.0038% | 1h | 260.40 | −0.058% | $1.1M | $3.6M | 10x | as long as short |
| Arcus MRVL-USD | +0.0040% | 1h | 260.19 | −0.138% | $26K | $26K | 5x | as long as short |
| Vest MRVL-USD-PERP | +0.0046% | 1h | 260.73 | +0.069% | — | $49K | 25x | as long as short |
| tradeXYZ xyz:MRVL | +0.0050% | 1h | 260.23 | −0.123% | $14.6M | $8.4M | 10x | as long as short |
| Polymarket Perps MRVL-USD | +0.0050% | 1h | 260.18 | −0.142% | $104K | $79K | 10x | as long as short |
| SoDEX MRVL-USD | +0.0050% | 1h | 260.33 | −0.084% | $104 | $15K | 10x | as long as short |
| Ondo Perps MRVL-USD.P | +0.0050% | 1h | 260.26 | −0.111% | $575K | $679K | 10x | as long as short |
| Paradex MRVL-USD-PERP | +0.0054% | 8h | 260.36 | −0.074% | — | — | 5x | as long as short |
| Coinbase International MRVL-PERP-INTX | +0.0064% | 1h | 260.25 | −0.115% | $334K | $633K | 10x | as long as short |
| KuCoin MRVLUSDTMlong | +0.0100% | 8h | 260.55 | long leg | $514K | $60K | 20x | |
| ApeX Omni MRVLUSDT | +0.0100% | 1h | 260.39 | −0.061% | $4K | $141K | 50x | as long as short |
| Orderly PERP_MRVL_USDC_mythos | +0.0100% | 8h | 260.36 | −0.073% | $2K | $3K | 10x | as long as short |
| Aevo MRVL-PERP | +0.0104% | 1h | 260.36 | −0.072% | $18 | — | 10x | as long as short |
| Nado MRVL-PERP | +0.0131% | 1h | 260.31 | −0.093% | $89K | $272K | 10x | as long as short |
| Phoenix MRVL | +0.0153% | 1h | 260.39 | −0.061% | $11K | $12K | 10x | as long as short |
| Injective MRVL/USDC PERPshort | +0.0220% | 1h | 263.30 | +1.055% | $11K | $705 | 12x | |
| edgeX MRVLUSDC | +0.0762% | 4h | 260.45 | −0.040% | $37K | $371K | 10x | as long as short |
Deribit MRVL_USDC-PERPETUAL
HTX MRVL-USDT
BloFin MRVL-USDT
Aftermath Perps MRVLUSD
Lighter MRVL
QFEX MRVL-USD
Arcus MRVL-USD
Vest MRVL-USD-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
Nado MRVL-PERP
Phoenix MRVL
edgeX MRVLUSDC