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 0.000%

Price spread now: MEXC against Bitget+0.034%7-day average −0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$790.787% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.034%, 7d avg −0.058%

Together, before fees−0.132%−$13 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: MEXC is 0.092% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.058%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MOVRUSDT	0.8870	0.0100	pay 0.0050% / 4h	3h 14m	$331K	$393K	5x
Short	MEXC MOVR_USDT	0.8873	0.0100	get 0.0050% / 4h	3h 14m	$2.5M	$292K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.034%Rate

Funding earned: $0
Price spread: +0.034% → −0.058%: $9.2
Slippage, 4 orders: −$62.69
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$69.49
Costs to cover: 0.787%
Break-even: never at this rate

Slippage from Bitget: live order book, 11 min ago; MEXC: live order book, 3 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, 11 min ago	6.25 bp	21.1 bp −$21	200.1 bp −$2,001	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	1.69 bp	18.3 bp −$18	104.0 bp −$1,040	868.9 bp −$86.9K	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	+0.0080%	4h	0.8889	+0.214%	$173K	$13K	50x	as long as short
Aster MOVRUSDT	+0.0100%	4h	0.8878	+0.090%	$17K	$11K	5x	as long as short
Binance MOVRUSDT	+0.0100%	4h	0.8874	+0.045%	$2.7M	$3.7M	50x	as long as short
MEXC MOVR_USDTshort	+0.0100%	4h	0.8873	+0.034%	$2.5M	$292K	20x
KuCoin MOVRUSDTM	+0.0100%	4h	0.8870	0.000%	$480K	$173K	30x	as long as short
Bitget MOVRUSDTlong	+0.0100%	4h	0.8870	long leg	$331K	$393K	5x
Extended MOVR-USD	+0.0104%	1h	0.8877	+0.075%	$2K	$212K	5x	as long as short
Variational Omni MOVR	+0.0201%	4h	0.8904	+0.380%	$7K	$11K	—	as long as short
BingX MOVR-USDT	+0.0344%	4h	0.8881	+0.124%	—	$2.3M	—	as long as short
Bybit MOVRUSDT	+0.0564%	4h	0.8895	+0.282%	$1.1M	$316K	20x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate MOVR_USDT	+0.0605%	8h	0.8880	+0.113%	$279K	$321K	25x	as long as short
Kraken Futures PF_MOVRUSD	+0.1962%	1h	0.8879	+0.098%	$18K	$12K	10x	as long as short