Funding you earn now, next payment 12:00 UTC+0.0420%/8h= +46.0% APRnext payment +$2.10 per $10,000 · paid last 24h +0.048%
Price spread now: BingX against Bitget+0.011%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1111.106% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.011%, 7d avg +0.026%
=The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: +$13 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 0.048% in total (about 2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.10 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MOVRUSDT | 0.8877 | 0.0100 | pay 0.0050% / 4h | 1h 59m | $331K | $366K | 5x |
| Short | BingX MOVR-USDT | 0.8878 | 0.0520 | get 0.0260% / 4h | 1h 59m | — | $2.3M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $88.2
- Price spread: +0.011% → +0.026%
- −$1.45
- Slippage, 4 orders
- −$88.59
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$23.84
- Costs to cover
- 1.106%
- Break-even
- 8.9 days
Slippage from Bitget: live order book, 48 min ago; BingX: live order book, 2 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 Bitget live order book, 48 min ago | 7.93 bp | 30.2 bp −$30 | 210.5 bp −$2,105 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 5.64 bp | 22.6 bp −$23 | 73.3 bp −$733 | 570.0 bp −$57.0K | 805.9 bp −$402.9K |
MOVR on 12 exchanges
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-USDT | +0.0088% | 4h | 0.8877 | 0.000% | $173K | $13K | 50x | as long as short |
| Aster MOVRUSDT | +0.0100% | 4h | 0.8883 | +0.067% | $17K | $11K | 5x | as long as short |
| Binance MOVRUSDT | +0.0100% | 4h | 0.8873 | −0.045% | $2.7M | $3.6M | 50x | as long as short |
| MEXC MOVR_USDT | +0.0100% | 4h | 0.8873 | −0.045% | $2.5M | $278K | 20x | as long as short |
| KuCoin MOVRUSDTM | +0.0100% | 4h | 0.8864 | −0.146% | $477K | $165K | 30x | as long as short |
| Bitget MOVRUSDTlong | +0.0100% | 4h | 0.8877 | long leg | $331K | $366K | 5x | |
| Extended MOVR-USD | +0.0104% | 1h | 0.8869 | −0.091% | $4K | $213K | 5x | as long as short |
| Variational Omni MOVR | +0.0352% | 4h | 0.8863 | −0.159% | $7K | $11K | — | as long as short |
| Gate MOVR_USDT | +0.0445% | 8h | 0.8890 | +0.146% | $315K | $327K | 25x | as long as short |
| Bybit MOVRUSDT | +0.0486% | 4h | 0.8889 | +0.135% | $1.1M | $300K | 20x | as long as short |
Show all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MOVR-USDTshort | +0.0520% | 4h | 0.8878 | +0.011% | — | $2.3M | — | |
| Kraken Futures PF_MOVRUSD | +0.1902% | 1h | 0.8875 | −0.021% | $17K | $13K | 10x | as long as short |
Bitget MOVRUSDT
BingX MOVR-USDT
BloFin MOVR-USDT
Aster MOVRUSDT
Binance MOVRUSDT
MEXC MOVR_USDT
KuCoin MOVRUSDTM
Extended MOVR-USD
Variational Omni MOVR
Gate MOVR_USDT
Bybit MOVRUSDT
Kraken Futures PF_MOVRUSD