Funding you earn now, next payment 08:00 UTC+0.0242%/8h= +26.5% APRnext payment +$1.21 per $10,000 · paid last 24h +0.039%
Price spread now: Bybit against Binance+0.198%7-day average +0.178% · you sell dearer than you buy
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$166as in the Price arb table
costs, in and out, $10k−$1681.677% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 7 days+0.025%+$2 · spread now +0.198%, 7d avg +0.178%
=The price spread sits at its 7-day average of +0.178%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.039% in total (about 2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.21 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 | 0.8800 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $2.6M | $3.7M | 50x |
| Short | Bybit MOVRUSDT | 0.8817 | 0.0342 | get 0.0171% / 4h | 2h 20m | $1.1M | $304K | 20x |
Binance MOVRUSDT
Bybit MOVRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $50.78
- Price spread: +0.198% → +0.178%
- $2
- Slippage, 4 orders
- −$146.74
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$114.96
- Costs to cover
- 1.677%
- Break-even
- 22.8 days
Slippage from Binance: live order book, 15 min ago; Bybit: live order book, 5 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, 15 min ago | 1.13 bp | 21.0 bp −$21 | 135.8 bp −$1,358 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 5.69 bp | 56.1 bp −$56 | doesn't fit | 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 | +0.0074% | 4h | 0.8797 | −0.030% | $170K | $12K | 50x | as long as short |
| Aster MOVRUSDT | +0.0100% | 4h | 0.8793 | −0.080% | $16K | $11K | 5x | as long as short |
| Binance MOVRUSDTlong | +0.0100% | 4h | 0.8800 | long leg | $2.6M | $3.7M | 50x | |
| Gate MOVR_USDT | +0.0100% | 8h | 0.8800 | +0.005% | $287K | $329K | 25x | as long as short |
| MEXC MOVR_USDT | +0.0100% | 4h | 0.8792 | −0.086% | $2.5M | $294K | 20x | as long as short |
| KuCoin MOVRUSDTM | +0.0100% | 4h | 0.8780 | −0.223% | $475K | $176K | 30x | as long as short |
| Bitget MOVRUSDT | +0.0100% | 4h | 0.8786 | −0.155% | $325K | $407K | 5x | as long as short |
| Extended MOVR-USD | +0.0104% | 1h | 0.8792 | −0.088% | $3K | $282K | 5x | as long as short |
| Variational Omni MOVR | +0.0339% | 4h | 0.8808 | +0.101% | $7K | $11K | — | as long as short |
| Bybit MOVRUSDTshort | +0.0342% | 4h | 0.8817 | +0.198% | $1.1M | $304K | 20x |
BloFin MOVR-USDT
Aster MOVRUSDT
Gate MOVR_USDT
MEXC MOVR_USDT
KuCoin MOVRUSDTM
Bitget MOVRUSDT
Extended MOVR-USD
Variational Omni MOVRShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MOVR-USDT | +0.0348% | 4h | 0.8807 | +0.084% | — | $2.3M | — | as long as short |
| Kraken Futures PF_MOVRUSD | +0.1899% | 1h | 0.8778 | −0.244% | $19K | $13K | 10x | as long as short |
BingX MOVR-USDT
Kraken Futures PF_MOVRUSD