Settings8H · net · $10k
Funding arb · Price arb /

MRVL

RWAall MRVL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: KuCoin against Lighter+0.102%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$238as in the Funding arb table
Net, price: spread back to 7d avg − costs−$240as in the Price arb table
costs, in and out, $10k−$2492.491% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.110%+$11 on $10k
Price spread, last 4 days (all we have)−0.065%−$7 · spread now +0.102%, 7d avg +0.014%
Together, before fees+0.044%+ Points / potential airdropLighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.088% dearer against Lighter than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter MRVL255.160.0032pay 0.0004% / 1h57m 23s$88K$167K10x
ShortKuCoin MRVLUSDTM255.420.0100get 0.0100% / 8h57m 23s$505K$66K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Lighter. 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

Funding earned
$14.28
Price spread: +0.102% → +0.014%
$8.78
Slippage, 4 orders
−$237.11
Fee Lighter: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$226.05
Costs to cover
2.491%
Break-even
117.8 days
Slippage from Lighter: live order book, 27 min ago; KuCoin: live order book, 46 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 27 min ago2.75 bp10.5 bp −$1011.0 bp −$11020.7 bp −$2,074doesn't fit
Sell KuCoin live order book, 46 min ago6.67 bp148.6 bp −$149doesn't fitdoesn't fitdoesn't fit

MRVL on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MRVLUSDT−0.0621%8h255.41+0.098%$5.5M$17.1M20xas long as short
tradeXYZ xyz:MRVL−0.0025%1h255.24+0.031%$14.1M$9.1M10xas long as short
Deribit MRVL_USDC-PERPETUAL−0.0024%1h255.09−0.027%$22K$145K10xas long as short
Polymarket Perps MRVL-USD−0.0009%1h255.05−0.043%$100K$83K10xas long as short
Coinbase International MRVL-PERP-INTX−0.0008%1h254.95−0.082%$335K$651K10xas long as short
Aster MRVLUSDT0.0000%8h255.34+0.071%$301K$341K50xas long as short
Extended MRVL-USD0.0000%1h255.09−0.028%$46K$292K10xas long as short
Binance MRVLUSDT0.0000%8h255.38+0.086%$23.5M$113.9M50xas long as short
Bybit MRVLUSDT0.0000%8h255.23+0.027%$5.0M$4.1M50xas long as short
OKX MRVL-USDT-SWAP0.0000%8h255.20+0.016%$6.8M$24.5M50xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MRVL_USDT0.0000%8h255.20+0.016%$5.1M$8.6M50xas long as short
Variational Omni MRVL0.0000%8h255.52+0.141%$711K$466Kas long as short
GRVT MRVL_USDT_Perp0.0000%8h255.58+0.164%$401$191K10xas long as short
SunX MRVL-USDT0.0000%8h255.26+0.039%$2K$6.0M10xas long as short
HTX MRVL-USDT0.0000%8h255.46+0.118%$131K$47K50xas long as short
Aftermath Perps MRVLUSD+0.0015%1h255.36+0.077%$640$47K10xas long as short
QFEX MRVL-USD+0.0025%1h255.28+0.047%$1.1M$3.5M10xas long as short
BloFin MRVL-USDT+0.0027%8h255.58+0.165%$366K$186K50xas long as short
Lighter MRVLlong+0.0032%1h255.16long leg$88K$167K10x
Arcus MRVL-USD+0.0040%1h255.18+0.008%$23K$27K5xas long as short
Nado MRVL-PERP+0.0041%1h255.32+0.063%$87K$272K10xas long as short
Vest MRVL-USD-PERP+0.0046%1h255.58+0.165%$51K25xas long as short
SoDEX MRVL-USD+0.0050%1h255.22+0.024%$209$15K10xas long as short
Ondo Perps MRVL-USD.P+0.0050%1h255.19+0.012%$541K$860K10xas long as short
Paradex MRVL-USD-PERP+0.0051%8h255.06−0.041%5xas long as short
KuCoin MRVLUSDTMshort+0.0100%8h255.42+0.102%$505K$66K20x
ApeX Omni MRVLUSDT+0.0100%1h255.66+0.196%$4K$140K50xas long as short
Orderly PERP_MRVL_USDC_mythos+0.0100%8h255.22+0.024%$2K$3K10xas long as short
Aevo MRVL-PERP+0.0104%1h255.17+0.002%$1810xas long as short
Phoenix MRVL+0.0156%1h255.21+0.020%$11K$12K10xas long as short
Injective MRVL/USDC PERP+0.0220%1h257.82+1.042%$11K$82012xas long as short
edgeX MRVLUSDC+0.0248%4h255.47+0.123%$36K$372K10xas long as short