MOVR

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0200%/8h= −21.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.025%

Price spread now: KuCoin against BingX+0.023%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$577as in the Funding arb table

Net, price: spread back to 7d avg − costs−$570as in the Price arb table

costs, in and out, $10k−$5745.745% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$3 on $10k

Price spread, last 4 days (all we have)+0.063%+$6 · spread now +0.023%, 7d avg −0.024%

Together, before fees+0.038%+$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.046% dearer against BingX than usual: you sell high and buy low (spread +0.023% now, against its 7-day average of −0.024%): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.025% in total) that is about 13 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.025% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.00 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	0.8812	0.0300	pay 0.0150% / 4h	3h 38m	—	$2.3M	—
Short	KuCoin MOVRUSDTM	0.8814	0.0100	get 0.0050% / 4h	3h 38m	$478K	$173K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BingXbpFee KuCoinbpOrdersPrice spread, now +0.023%Rate

Funding earned: −$42
Price spread: +0.023% → −0.024%: $4.64
Slippage, 4 orders: −$552.48
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$611.84
Costs to cover: 5.745%
Break-even: never at this rate

Slippage from BingX: live order book, 10 min ago; KuCoin: live order book, 55 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, 10 min ago	6.76 bp	26.9 bp −$27	87.9 bp −$879	621.6 bp −$62.2K	823.4 bp −$411.7K
Sell KuCoin live order book, 55 min ago	11.29 bp	285.4 bp −$285	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
Aster MOVRUSDT	+0.0100%	4h	0.8821	+0.099%	$16K	$11K	5x	as long as short
Binance MOVRUSDT	+0.0100%	4h	0.8818	+0.067%	$2.7M	$3.7M	50x	as long as short
Bybit MOVRUSDT	+0.0100%	4h	0.8830	+0.204%	$1.1M	$308K	20x	as long as short
Gate MOVR_USDT	+0.0100%	8h	0.8810	−0.023%	$276K	$313K	25x	as long as short
MEXC MOVR_USDT	+0.0100%	4h	0.8819	+0.079%	$2.5M	$287K	20x	as long as short
KuCoin MOVRUSDTMshort	+0.0100%	4h	0.8814	+0.023%	$478K	$173K	30x
Bitget MOVRUSDT	+0.0100%	4h	0.8816	+0.045%	$331K	$391K	5x	as long as short
Extended MOVR-USD	+0.0104%	1h	0.8815	+0.039%	$4K	$219K	5x	as long as short
BloFin MOVR-USDT	+0.0111%	4h	0.8827	+0.170%	$173K	$12K	50x	as long as short
Variational Omni MOVR	+0.0196%	4h	0.8844	+0.358%	$7K	$11K	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MOVR-USDTlong	+0.0300%	4h	0.8812	long leg	—	$2.3M	—
Kraken Futures PF_MOVRUSD	+0.1975%	1h	0.8822	+0.110%	$18K	$11K	10x	as long as short