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 +0.190%
Price spread now: Gate against Bitget−0.271%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1301.304% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.507%+$51 on $10k
Price spread, last 4 days (all we have)+0.517%+$52 · spread now −0.271%, 7d avg +0.038%
Together, before fees+1.024%+$102 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.309% cheaper against Bitget than usual: you would sell low and buy high (spread −0.271% now, against its 7-day average of +0.038%). If the spread goes back, that is −$31 on $10k: about 2 months of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.507% in total) that is about 4.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MOVRUSDT0.88440.0100pay 0.0050% / 4h3h 23m$330K$398K5x
ShortGate MOVR_USDT0.88200.0115get 0.0115% / 8h7h 23m$275K$314K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$3.15
Price spread: −0.271% → +0.038%
−$30.9
Slippage, 4 orders
−$103.43
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$158.18
Costs to cover
1.304%
Break-even
358.5 days
Slippage from Bitget: live order book, 2 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 Bitget live order book, 2 min ago6.25 bp21.1 bp −$21200.1 bp −$2,001doesn't fitdoesn't fit
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%4h0.8779−0.735%$173K$12K50xas long as short
Aster MOVRUSDT+0.0100%4h0.8835−0.098%$16K$11K5xas long as short
Binance MOVRUSDT+0.0100%4h0.8852+0.091%$2.7M$3.7M50xas long as short
MEXC MOVR_USDT+0.0100%4h0.8851+0.079%$2.5M$289K20xas long as short
KuCoin MOVRUSDTM+0.0100%4h0.8821−0.260%$477K$173K30xas long as short
Bitget MOVRUSDTlong+0.0100%4h0.8844long leg$330K$398K5x
BingX MOVR-USDT+0.0100%4h0.8850+0.068%$2.3Mas long as short
Extended MOVR-USD+0.0104%1h0.8848+0.050%$2K$216K5xas long as short
Variational Omni MOVR+0.0115%4h0.8783−0.686%$7K$11Kas long as short
Gate MOVR_USDTshort+0.0115%8h0.8820−0.271%$275K$314K25x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MOVRUSDT+0.0276%4h0.8863+0.215%$1.1M$318K20xas long as short
Kraken Futures PF_MOVRUSD+0.1967%1h0.8857+0.144%$18K$12K10xas long as short