MRVL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: OKX against KuCoin−0.077%7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$263as in the Funding arb table

Net, price: spread back to 7d avg − costs−$257as in the Price arb table

costs, in and out, $10k−$2482.484% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.149%−$15 on $10k

Price spread, last 4 days (all we have)+0.154%+$15 · spread now −0.077%, 7d avg +0.011%

Together, before fees+0.005%+$1 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 OKX 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 +0.011%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MRVLUSDTM	260.84	0.0100	pay 0.0100% / 8h	4h 33m	$515K	$60K	20x
Short	OKX MRVL-USDT-SWAP	260.64	0	get 0.0000% / 8h	4h 33m	$7.0M	$22.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.077%Rate

Funding earned: −$21
Price spread: −0.077% → +0.011%: −$8.78
Slippage, 4 orders: −$226.42
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$278.2
Costs to cover: 2.484%
Break-even: never at this rate

Slippage from KuCoin: live order book, 50 min ago; OKX: live order book, just now.

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, 50 min ago	5.38 bp	78.1 bp −$78	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, just now	0.57 bp	9.1 bp −$9	20.9 bp −$209	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
BloFin MRVL-USDT	−0.0011%	8h	260.71	−0.050%	$375K	$172K	50x	as long as short
Aster MRVLUSDT	0.0000%	8h	260.84	+0.001%	$313K	$330K	50x	as long as short
Extended MRVL-USD	0.0000%	1h	260.77	−0.025%	$47K	$349K	10x	as long as short
Binance MRVLUSDT	0.0000%	8h	260.68	−0.062%	$24.3M	$107.7M	50x	as long as short
Bybit MRVLUSDT	0.0000%	8h	260.59	−0.096%	$5.1M	$3.8M	50x	as long as short
OKX MRVL-USDT-SWAPshort	0.0000%	8h	260.64	−0.077%	$7.0M	$22.3M	50x
Gate MRVL_USDT	0.0000%	8h	260.84	0.000%	$5.6M	$8.1M	50x	as long as short
Bitget MRVLUSDT	0.0000%	8h	260.78	−0.023%	$5.6M	$16.0M	20x	as long as short
Variational Omni MRVL	0.0000%	8h	260.83	−0.004%	$718K	$640K	—	as long as short
GRVT MRVL_USDT_Perp	0.0000%	8h	260.83	−0.004%	$355	$188K	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	260.65	−0.073%	$1K	$6.1M	10x	as long as short
HTX MRVL-USDT	0.0000%	8h	260.83	−0.004%	$132K	$42K	50x	as long as short
Aftermath Perps MRVLUSD	+0.0017%	1h	260.73	−0.041%	$605	$49K	10x	as long as short
Lighter MRVL	+0.0032%	1h	260.61	−0.088%	$94K	$200K	10x	as long as short
QFEX MRVL-USD	+0.0038%	1h	260.79	−0.019%	$1.1M	$3.6M	10x	as long as short
Arcus MRVL-USD	+0.0040%	1h	260.61	−0.088%	$26K	$26K	5x	as long as short
Vest MRVL-USD-PERP	+0.0046%	1h	261.20	+0.138%	—	$49K	25x	as long as short
tradeXYZ xyz:MRVL	+0.0050%	1h	260.70	−0.054%	$14.6M	$8.3M	10x	as long as short
Polymarket Perps MRVL-USD	+0.0050%	1h	260.70	−0.054%	$104K	$79K	10x	as long as short
SoDEX MRVL-USD	+0.0050%	1h	260.64	−0.077%	$115	$15K	10x	as long as short
Ondo Perps MRVL-USD.P	+0.0050%	1h	260.59	−0.096%	$576K	$681K	10x	as long as short
Paradex MRVL-USD-PERP	+0.0052%	8h	260.76	−0.030%	—	—	5x	as long as short
Deribit MRVL_USDC-PERPETUAL	+0.0057%	1h	260.66	−0.069%	$23K	$144K	10x	as long as short
Coinbase International MRVL-PERP-INTX	+0.0064%	1h	259.84	−0.383%	$334K	$629K	10x	as long as short
Nado MRVL-PERP	+0.0092%	1h	260.72	−0.048%	$89K	$272K	10x	as long as short
KuCoin MRVLUSDTMlong	+0.0100%	8h	260.84	long leg	$515K	$60K	20x
ApeX Omni MRVLUSDT	+0.0100%	1h	260.84	0.000%	$4K	$141K	50x	as long as short
Orderly PERP_MRVL_USDC_mythos	+0.0100%	8h	260.85	+0.004%	$2K	$3K	10x	as long as short
Aevo MRVL-PERP	+0.0104%	1h	260.72	−0.045%	$18	—	10x	as long as short
Phoenix MRVL	+0.0153%	1h	260.79	−0.019%	$11K	$12K	10x	as long as short
Injective MRVL/USDC PERP	+0.0220%	1h	263.69	+1.093%	$11K	$700	12x	as long as short
edgeX MRVLUSDC	+0.0390%	4h	260.76	−0.032%	$37K	$372K	10x	as long as short