Funding arb · Price arb /

MOVR

all MOVR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.023%

Price spread now: KuCoin against Bitget−0.191%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$586as in the Funding arb table

Net, price: spread back to 7d avg − costs−$607as in the Price arb table

costs, in and out, $10k−$5885.880% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.023%+$2 on $10k

Price spread, last 4 days (all we have)+0.314%+$31 · spread now −0.191%, 7d avg +0.002%

Together, before fees+0.337%+$34 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: KuCoin is 0.194% cheaper against Bitget than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MOVRUSDT	0.8885	0.0100	pay 0.0050% / 4h	3h 46m	$334K	$391K	5x
Short	KuCoin MOVRUSDTM	0.8868	0.0100	get 0.0050% / 4h	3h 46m	$481K	$174K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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

Position, each leg$Hold fordaysFee BitgetbpFee KuCoinbpOrdersPrice spread, now −0.191%Rate

Funding earned: $0
Price spread: −0.191% → +0.002%: −$19.38
Slippage, 4 orders: −$564.02
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$607.4
Costs to cover: 5.880%
Break-even: never at this rate

Slippage from Bitget: live order book, 43 min ago; KuCoin: live order book, 47 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, 43 min ago	9.05 bp	43.6 bp −$44	212.4 bp −$2,124	doesn't fit	doesn't fit
Sell KuCoin live order book, 47 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
BloFin MOVR-USDT	+0.0064%	4h	0.8862	−0.259%	$173K	$12K	50x	as long as short
Aster MOVRUSDT	+0.0100%	4h	0.8867	−0.208%	$16K	$11K	5x	as long as short
Binance MOVRUSDT	+0.0100%	4h	0.8860	−0.280%	$2.7M	$3.7M	50x	as long as short
Gate MOVR_USDT	+0.0100%	8h	0.8860	−0.281%	$281K	$311K	25x	as long as short
MEXC MOVR_USDT	+0.0100%	4h	0.8867	−0.203%	$2.5M	$285K	20x	as long as short
KuCoin MOVRUSDTMshort	+0.0100%	4h	0.8868	−0.191%	$481K	$174K	30x
Bitget MOVRUSDTlong	+0.0100%	4h	0.8885	long leg	$334K	$391K	5x
BingX MOVR-USDT	+0.0100%	4h	0.8863	−0.248%	—	$2.3M	—	as long as short
Extended MOVR-USD	+0.0104%	1h	0.8859	−0.297%	$4K	$219K	5x	as long as short
Variational Omni MOVR	+0.0212%	4h	0.8914	+0.321%	$7K	$11K	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit MOVRUSDT	+0.1001%	4h	0.8880	−0.056%	$1.1M	$307K	20x	as long as short
Kraken Futures PF_MOVRUSD	+0.1963%	1h	0.8874	−0.127%	$18K	$11K	10x	as long as short