Funding arb · Price arb /

MOVR

all MOVR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Binance+0.011%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$980.984% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.068%+$7 · spread now +0.011%, 7d avg +0.060%

Together, before fees+0.068%+$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.049% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MOVRUSDT	0.8882	0.0100	pay 0.0050% / 4h	1m 45s	$2.7M	$3.6M	50x
Short	Bitget MOVRUSDT	0.8883	0.0100	get 0.0050% / 4h	1m 45s	$334K	$388K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.011%Rate

Funding earned: $0
Price spread: +0.011% → +0.060%: −$4.89
Slippage, 4 orders: −$76.4
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$103.3
Costs to cover: 0.984%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; Bitget: live order book, 29 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, 4 min ago	0.56 bp	21.9 bp −$22	152.9 bp −$1,529	doesn't fit	doesn't fit
Sell Bitget live order book, 29 min ago	9.05 bp	23.6 bp −$24	124.0 bp −$1,240	doesn't fit	doesn't fit

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	+0.0092%	4h	0.8882	0.000%	$170K	$12K	50x	as long as short
Aster MOVRUSDT	+0.0100%	4h	0.8881	−0.011%	$17K	$11K	5x	as long as short
Binance MOVRUSDTlong	+0.0100%	4h	0.8882	long leg	$2.7M	$3.6M	50x
Gate MOVR_USDT	+0.0100%	8h	0.8880	−0.023%	$283K	$323K	25x	as long as short
MEXC MOVR_USDT	+0.0100%	4h	0.8883	+0.011%	$2.5M	$288K	20x	as long as short
KuCoin MOVRUSDTM	+0.0100%	4h	0.8880	−0.023%	$482K	$174K	30x	as long as short
Bitget MOVRUSDTshort	+0.0100%	4h	0.8883	+0.011%	$334K	$388K	5x
Extended MOVR-USD	+0.0104%	1h	0.8880	−0.027%	$4K	$219K	5x	as long as short
Variational Omni MOVR	+0.0161%	4h	0.8894	+0.133%	$7K	$11K	—	as long as short
Bybit MOVRUSDT	+0.0385%	4h	0.8892	+0.113%	$1.1M	$305K	20x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MOVR-USDT	+0.0396%	4h	0.8886	+0.045%	—	$2.3M	—	as long as short
Kraken Futures PF_MOVRUSD	+0.0932%	1h	0.8896	+0.159%	$18K	$11K	10x	as long as short