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−0.0282%/8h= −30.9% APRnext payment $1.41 per $10,000 · paid last 24h −0.033%
Price spread now: MEXC against BingX−0.079%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$760.759% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 7 days+0.056%+$6 · spread now −0.079%, 7d avg −0.087%
Together, before fees+0.023%+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.087%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.033% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.41 per $10,000. 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-USDT0.89110.0382pay 0.0191% / 4h40m 23s$2.3M
ShortMEXC MOVR_USDT0.89040.0100get 0.0050% / 4h40m 23s$2.5M$286K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$59.22
Price spread: −0.079% → −0.087%
$0.82
Slippage, 4 orders
−$61.94
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$134.34
Costs to cover
0.759%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; MEXC: live order book, 2 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, 7 min ago5.04 bp24.5 bp −$2477.2 bp −$772598.4 bp −$59.8K800.2 bp −$400.1K
Sell MEXC live order book, 2 min ago0.56 bp14.4 bp −$14100.5 bp −$1,005851.5 bp −$85.1Kdoesn'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%4h0.8905−0.069%$17K$11K5xas long as short
Binance MOVRUSDT+0.0100%4h0.8902−0.101%$2.7M$3.6M50xas long as short
Gate MOVR_USDT+0.0100%8h0.8910−0.011%$287K$319K25xas long as short
MEXC MOVR_USDTshort+0.0100%4h0.8904−0.079%$2.5M$286K20x
KuCoin MOVRUSDTM+0.0100%4h0.8910−0.011%$478K$173K30xas long as short
Bitget MOVRUSDT+0.0100%4h0.8904−0.079%$332K$389K5xas long as short
Extended MOVR-USD+0.0104%1h0.8898−0.150%$2K$214K5xas long as short
BloFin MOVR-USDT+0.0106%4h0.8910−0.011%$172K$12K50xas long as short
Variational Omni MOVR+0.0225%4h0.8928+0.194%$7K$11Kas long as short
BingX MOVR-USDTlong+0.0382%4h0.8911long leg$2.3M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MOVRUSDT+0.0395%4h0.8920+0.101%$1.1M$303K20xas long as short
Kraken Futures PF_MOVRUSD+0.0931%1h0.8906−0.058%$18K$11K10xas long as short