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

MOVR

all MOVR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0292%/8h= −32.0% APRpaid last 24h −0.032%
Price spread now: Extended against BingX−0.027%7-day average −0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$163as in the Price arb table
costs, in and out, $10k−$1711.712% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 4 days (all we have)−0.139%−$14 · spread now −0.027%, 7d avg −0.113%
Together, before fees−0.167%+ Points / potential airdropExtended: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.086% dearer against BingX than usual: you sell high and buy low (spread −0.027% now, against its 7-day average of −0.113%): +$9 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.028% in total) that is about 22 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.028% in total (about -1.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MOVR-USDT0.88900.0396pay 0.0198% / 4h3h 59m$2.3M
ShortExtended MOVR-USD0.88880.0104get 0.0013% / 1h59m 51s$4K$219K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BingX. 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
−$61.32
Price spread: −0.027% → −0.113%
$8.58
Slippage, 4 orders
−$156.19
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$223.93
Costs to cover
1.712%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; Extended: live order book, 37 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 BingX live order book, 3 min ago5.62 bp27.6 bp −$2886.4 bp −$864606.1 bp −$60.6K805.1 bp −$402.5K
Sell Extended live order book, 37 min ago6.22 bp61.5 bp −$61doesn'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
Aster MOVRUSDT+0.0100%4h0.8882−0.093%$17K$11K5xas long as short
Binance MOVRUSDT+0.0100%4h0.8891+0.011%$2.7M$3.6M50xas long as short
Gate MOVR_USDT+0.0100%8h0.88900.000%$283K$323K25xas long as short
MEXC MOVR_USDT+0.0100%4h0.8891+0.011%$2.5M$288K20xas long as short
KuCoin MOVRUSDTM+0.0100%4h0.8880−0.112%$482K$174K30xas long as short
Bitget MOVRUSDT+0.0100%4h0.8883−0.079%$334K$388K5xas long as short
Extended MOVR-USDshort+0.0104%1h0.8888−0.027%$4K$219K5x
BloFin MOVR-USDT+0.0121%4h0.8887−0.034%$170K$12K50xas long as short
Variational Omni MOVR+0.0165%4h0.8894+0.043%$7K$11Kas long as short
BingX MOVR-USDTlong+0.0396%4h0.8890long leg$2.3M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MOVRUSDT+0.0401%4h0.8900+0.112%$1.1M$305K20xas long as short
Kraken Futures PF_MOVRUSD+0.0934%1h0.8880−0.113%$18K$11K10xas long as short