MOVR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0406%/8h= +44.5% APRnext payment +$2.03 per $10,000 · paid last 24h +0.033%

Price spread now: BingX against Binance−0.032%7-day average +0.088% · you buy dearer than you sell

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$980.980% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 7 days+0.083%+$8 · spread now −0.032%, 7d avg +0.088%

Together, before fees+0.116%+$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.120% cheaper against Binance than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.088%). If the spread goes back, that is −$12 on $10k: about 24 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.033% in total) that is about 25 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.033% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.03 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MOVRUSDT	0.8890	0.0100	pay 0.0050% / 4h	1h 35m	$2.7M	$3.7M	50x
Short	BingX MOVR-USDT	0.8887	0.0506	get 0.0253% / 4h	1h 35m	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now −0.032%Rate

Funding earned: $85.26
Price spread: −0.032% → +0.088%: −$12.02
Slippage, 4 orders: −$78.05
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$24.8
Costs to cover: 0.980%
Break-even: 9.0 days

Slippage from Binance: live order book, 1 min ago; BingX: live order book, 3 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 Binance live order book, 1 min ago	0.56 bp	22.7 bp −$23	138.0 bp −$1,380	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	7.86 bp	27.7 bp −$28	75.9 bp −$759	585.8 bp −$58.6K	843.5 bp −$421.8K

MOVR on 12 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 MOVR-USDT	+0.0097%	4h	0.8902	+0.136%	$171K	$12K	50x	as long as short
Aster MOVRUSDT	+0.0100%	4h	0.8878	−0.132%	$17K	$11K	5x	as long as short
Binance MOVRUSDTlong	+0.0100%	4h	0.8890	long leg	$2.7M	$3.7M	50x
MEXC MOVR_USDT	+0.0100%	4h	0.8887	−0.032%	$2.5M	$286K	20x	as long as short
KuCoin MOVRUSDTM	+0.0100%	4h	0.8888	−0.021%	$479K	$174K	30x	as long as short
Bitget MOVRUSDT	+0.0100%	4h	0.8893	+0.035%	$332K	$405K	5x	as long as short
Extended MOVR-USD	+0.0104%	1h	0.8884	−0.061%	$2K	$236K	5x	as long as short
Gate MOVR_USDT	+0.0113%	8h	0.8890	+0.001%	$289K	$323K	25x	as long as short
Variational Omni MOVR	+0.0434%	4h	0.8893	+0.040%	$7K	$11K	—	as long as short
BingX MOVR-USDTshort	+0.0506%	4h	0.8887	−0.032%	—	$2.3M	—

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit MOVRUSDT	+0.0560%	4h	0.8900	+0.114%	$1.1M	$307K	20x	as long as short
Kraken Futures PF_MOVRUSD	+0.1766%	1h	0.8882	−0.092%	$19K	$13K	10x	as long as short