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

MOVR

all MOVR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0015%/8h= +1.6% APRpaid last 24h +0.142%
Price spread now: Gate against BingX−0.226%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1371.371% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.459%+$46 on $10k
Price spread, last 4 days (all we have)+0.435%+$43 · spread now −0.226%, 7d avg +0.012%
Together, before fees+0.894%+$89 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.238% cheaper against BingX than usual: you would sell low and buy high (spread −0.226% now, against its 7-day average of +0.012%). If the spread goes back, that is −$24 on $10k: about 53 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.459% in total) that is about 3.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MOVR-USDT0.88500.0100pay 0.0050% / 4h3h 23m$2.3M
ShortGate MOVR_USDT0.88300.0115get 0.0115% / 8h7h 23m$275K$314K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$3.15
Price spread: −0.226% → +0.012%
−$23.75
Slippage, 4 orders
−$112.15
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$157.75
Costs to cover
1.371%
Break-even
357.5 days
Slippage from BingX: live order book, 10 min ago; Gate: live order book, 7 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, 10 min ago5.70 bp27.3 bp −$2781.1 bp −$811622.5 bp −$62.2K853.7 bp −$426.9K
Sell Gate live order book, 7 min ago11.42 bp36.3 bp −$36doesn'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+0.0052%4h0.8779−0.802%$173K$12K50xas long as short
Aster MOVRUSDT+0.0100%4h0.8842−0.090%$16K$11K5xas long as short
Binance MOVRUSDT+0.0100%4h0.8855+0.056%$2.7M$3.7M50xas long as short
MEXC MOVR_USDT+0.0100%4h0.8851+0.011%$2.5M$289K20xas long as short
KuCoin MOVRUSDTM+0.0100%4h0.8821−0.328%$477K$173K30xas long as short
Bitget MOVRUSDT+0.0100%4h0.8844−0.068%$330K$398K5xas long as short
BingX MOVR-USDTlong+0.0100%4h0.8850long leg$2.3M
Extended MOVR-USD+0.0104%1h0.8852+0.028%$2K$216K5xas long as short
Variational Omni MOVR+0.0115%4h0.8783−0.754%$7K$11Kas long as short
Gate MOVR_USDTshort+0.0115%8h0.8830−0.226%$275K$314K25x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MOVRUSDT+0.0276%4h0.8870+0.226%$1.1M$318K20xas long as short
Kraken Futures PF_MOVRUSD+0.1967%1h0.8857+0.076%$18K$12K10xas long as short