Funding you earn now, next payment 08:00 UTC−0.0339%/8h= −37.1% APRnext payment −$1.70 per $10,000 · paid last 24h −0.034%
Price spread now: BloFin against BingX−0.113%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$950.954% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.113%, 7d avg −0.080%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and BloFin is 0.033% cheaper against BingX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.080%). Swap the legs.
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 −$1.70 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 | BingX MOVR-USDT | 0.8818 | 0.0392 | pay 0.0196% / 4h | 2h 14m | — | $2.3M | — |
| Short | BloFin MOVR-USDT | 0.8808 | 0.0053 | get 0.0026% / 4h | 2h 14m | $170K | $12K | 50x |
BingX MOVR-USDT
BloFin MOVR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- −$71.19
- Price spread: −0.113% → −0.080%
- −$3.3
- Slippage, 4 orders
- −$73.41
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$169.9
- Costs to cover
- 0.954%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; BloFin: live order book, 65 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 BingX live order book, 3 min ago | 5.67 bp | 24.3 bp −$24 | 74.6 bp −$746 | 563.2 bp −$56.3K | 749.5 bp −$374.8K |
| Sell BloFin live order book, 65 min ago | 0.56 bp | 21.8 bp −$22 | 58.4 bp −$584 | 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-USDTshort | +0.0053% | 4h | 0.8808 | −0.113% | $170K | $12K | 50x | |
| Aster MOVRUSDT | +0.0100% | 4h | 0.8806 | −0.134% | $16K | $11K | 5x | as long as short |
| Binance MOVRUSDT | +0.0100% | 4h | 0.8809 | −0.098% | $2.6M | $3.7M | 50x | as long as short |
| MEXC MOVR_USDT | +0.0100% | 4h | 0.8809 | −0.102% | $2.5M | $294K | 20x | as long as short |
| KuCoin MOVRUSDTM | +0.0100% | 4h | 0.8810 | −0.091% | $476K | $175K | 30x | as long as short |
| Bitget MOVRUSDT | +0.0100% | 4h | 0.8816 | −0.023% | $326K | $407K | 5x | as long as short |
| Extended MOVR-USD | +0.0104% | 1h | 0.8808 | −0.109% | $3K | $282K | 5x | as long as short |
| Gate MOVR_USDT | +0.0107% | 8h | 0.8810 | −0.091% | $287K | $330K | 25x | as long as short |
| Bybit MOVRUSDT | +0.0310% | 4h | 0.8826 | +0.091% | $1.1M | $304K | 20x | as long as short |
| Variational Omni MOVR | +0.0316% | 4h | 0.8824 | +0.063% | $7K | $11K | — | as long as short |
Aster MOVRUSDT
Binance MOVRUSDT
MEXC MOVR_USDT
KuCoin MOVRUSDTM
Bitget MOVRUSDT
Extended MOVR-USD
Gate MOVR_USDT
Bybit MOVRUSDT
Variational Omni MOVRShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MOVR-USDTlong | +0.0392% | 4h | 0.8818 | long leg | — | $2.3M | — | |
| Kraken Futures PF_MOVRUSD | +0.1892% | 1h | 0.8812 | −0.070% | $19K | $13K | 10x | as long as short |
Kraken Futures PF_MOVRUSD