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−0.0003%/8h= −0.3% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Bitget+0.101%115s7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1421.421% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)−0.243%−$24 · spread now +0.101%, 7d avg −0.054%
Together, before fees−0.248%−$25 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.155% dearer against Bitget than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.054%. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MOVRUSDT0.88930.0100pay 0.0050% / 4h1h 35m$332K$405K5x
ShortBloFin MOVR-USDT0.89020.0097get 0.0049% / 4h1h 35m$171K$12K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
−$0.55
Price spread: +0.101% → −0.054%
$15.5
Slippage, 4 orders
−$118.06
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$127.11
Costs to cover
1.421%
Break-even
never at this rate
Slippage from Bitget: live order book, 65 min ago; BloFin: live order book, 40 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 Bitget live order book, 65 min ago5.11 bp46.2 bp −$46182.6 bp −$1,826doesn't fitdoesn't fit
Sell BloFin live order book, 40 min ago1.13 bp21.6 bp −$2266.8 bp −$668doesn'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-USDTshort+0.0097%4h0.8902+0.101%$171K$12K50x
Aster MOVRUSDT+0.0100%4h0.8878−0.165%$17K$11K5xas long as short
Binance MOVRUSDT+0.0100%4h0.8888−0.056%$2.7M$3.7M50xas long as short
MEXC MOVR_USDT+0.0100%4h0.8889−0.045%$2.5M$286K20xas long as short
KuCoin MOVRUSDTM+0.0100%4h0.8888−0.056%$479K$174K30xas long as short
Bitget MOVRUSDTlong+0.0100%4h0.8893long leg$332K$405K5x
Extended MOVR-USD+0.0104%1h0.8886−0.080%$2K$230K5xas long as short
Gate MOVR_USDT+0.0113%8h0.8890−0.034%$289K$323K25xas long as short
Variational Omni MOVR+0.0434%4h0.8893+0.005%$7K$11Kas long as short
BingX MOVR-USDT+0.0506%4h0.8888−0.056%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MOVRUSDT+0.0560%4h0.8900+0.079%$1.1M$307K20xas long as short
Kraken Futures PF_MOVRUSD+0.1764%1h0.8888−0.058%$19K$13K10xas long as short