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

MOVR

all MOVR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0007%/8h= −0.8% APRnext payment $0.03 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Binance+0.290%81s7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$890.890% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 4 days (all we have)−0.542%−$54 · spread now +0.290%, 7d avg +0.006%
Together, before fees−0.549%−$55 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: BloFin is 0.284% dearer against Binance than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of +0.006%. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MOVRUSDT0.89420.0100pay 0.0050% / 4h6m 00s$2.7M$3.6M50x
ShortBloFin MOVR-USDT0.89680.0093get 0.0047% / 4h6m 00s$176K$12K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
−$1.46
Price spread: +0.290% → +0.006%
$28.41
Slippage, 4 orders
−$67.03
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$62.07
Costs to cover
0.890%
Break-even
never at this rate
Slippage from Binance: live order book, 15 min ago; BloFin: live order book, 24 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 Binance live order book, 15 min ago2.24 bp23.0 bp −$23142.1 bp −$1,421doesn't fitdoesn't fit
Sell BloFin live order book, 24 min ago4.47 bp20.6 bp −$2172.7 bp −$727doesn't fitdoesn't fit

MOVR on 12 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
BloFin MOVR-USDTshort+0.0093%4h0.8968+0.290%$176K$12K50x
Aster MOVRUSDT+0.0100%4h0.8942−0.003%$17K$11K5xas long as short
Binance MOVRUSDTlong+0.0100%4h0.8942long leg$2.7M$3.6M50x
MEXC MOVR_USDT+0.0100%4h0.8940−0.023%$2.5M$294K20xas long as short
KuCoin MOVRUSDTM+0.0100%4h0.8940−0.023%$487K$178K30xas long as short
Bitget MOVRUSDT+0.0100%4h0.8946+0.044%$333K$383K5xas long as short
Extended MOVR-USD+0.0104%1h0.8936−0.062%$5K$190K5xas long as short
Gate MOVR_USDT+0.0186%8h0.8950+0.089%$301K$319K25xas long as short
Variational Omni MOVR+0.0258%4h0.8953+0.127%$7K$11Kas long as short
Bybit MOVRUSDT+0.0500%4h0.8953+0.122%$1.1M$260K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MOVR-USDT+0.0500%4h0.8951+0.100%$2.3Mas long as short
Kraken Futures PF_MOVRUSD+0.0841%1h0.8929−0.150%$19K$18K10xas long as short