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

MOVR

all MOVR markets
SwapBacktest
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 +0.023%
Price spread now: KuCoin against Binance−0.106%7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$490as in the Funding arb table
Net, price: spread back to 7d avg − costs−$509as in the Price arb table
costs, in and out, $10k−$4924.919% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 4 days (all we have)+0.261%+$26 · spread now −0.106%, 7d avg +0.063%
Together, before fees+0.284%+$28 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: KuCoin is 0.169% cheaper against Binance than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.063%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MOVRUSDT0.88530.0100pay 0.0050% / 4h2h 11m$2.6M$3.7M50x
ShortKuCoin MOVRUSDTM0.88440.0100get 0.0050% / 4h2h 11m$478K$175K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: −0.106% → +0.063%
−$16.92
Slippage, 4 orders
−$469.94
Fee Binance: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$508.86
Costs to cover
4.919%
Break-even
never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 47 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, 10 min ago1.70 bp20.9 bp −$21128.2 bp −$1,282doesn't fitdoesn't fit
Sell KuCoin live order book, 47 min ago11.30 bp274.5 bp −$275doesn't fitdoesn'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-USDT+0.0098%4h0.8830−0.264%$123K$12K50xas long as short
Aster MOVRUSDT+0.0100%4h0.8837−0.187%$16K$11K5xas long as short
Binance MOVRUSDTlong+0.0100%4h0.8853long leg$2.6M$3.7M50x
MEXC MOVR_USDT+0.0100%4h0.8852−0.016%$2.5M$295K20xas long as short
KuCoin MOVRUSDTMshort+0.0100%4h0.8844−0.106%$478K$175K30x
Bitget MOVRUSDT+0.0100%4h0.8846−0.083%$327K$410K5xas long as short
Extended MOVR-USD+0.0104%1h0.8851−0.030%$3K$282K5xas long as short
Gate MOVR_USDT+0.0117%8h0.8850−0.038%$288K$330K25xas long as short
BingX MOVR-USDT+0.0284%4h0.8856+0.030%$2.3Mas long as short
Variational Omni MOVR+0.0316%4h0.8824−0.337%$7K$11Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MOVRUSDT+0.0399%4h0.8860+0.075%$1.1M$306K20xas long as short
Kraken Futures PF_MOVRUSD+0.1883%1h0.8856+0.030%$19K$13K10xas long as short