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−0.0006%/8h= −0.6% APRnext payment $0.03 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against BloFin−0.090%51s7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$820.821% 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)+0.150%+$15 · spread now −0.090%, 7d avg −0.005%
Together, before fees+0.156%+$16 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: Binance is 0.085% cheaper against BloFin than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.005%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MOVR-USDT0.89100.0106pay 0.0053% / 4h40m 18s$172K$12K50x
ShortBinance MOVRUSDT0.89020.0100get 0.0050% / 4h40m 18s$2.7M$3.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
−$1.16
Price spread: −0.090% → −0.005%
−$8.49
Slippage, 4 orders
−$60.11
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$91.76
Costs to cover
0.821%
Break-even
never at this rate
Slippage from BloFin: live order book, 30 min ago; Binance: live order book, 11 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 BloFin live order book, 30 min ago5.05 bp18.1 bp −$1866.0 bp −$660doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago0.56 bp20.8 bp −$21120.7 bp −$1,207doesn'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
Aster MOVRUSDT+0.0100%4h0.8905−0.058%$17K$11K5xas long as short
Binance MOVRUSDTshort+0.0100%4h0.8902−0.090%$2.7M$3.6M50x
Gate MOVR_USDT+0.0100%8h0.89100.000%$287K$319K25xas long as short
MEXC MOVR_USDT+0.0100%4h0.8904−0.067%$2.5M$286K20xas long as short
KuCoin MOVRUSDTM+0.0100%4h0.89100.000%$478K$173K30xas long as short
Bitget MOVRUSDT+0.0100%4h0.8904−0.067%$332K$389K5xas long as short
Extended MOVR-USD+0.0104%1h0.8898−0.139%$2K$214K5xas long as short
BloFin MOVR-USDTlong+0.0106%4h0.8910long leg$172K$12K50x
Variational Omni MOVR+0.0225%4h0.8928+0.205%$7K$11Kas long as short
BingX MOVR-USDT+0.0382%4h0.8911+0.011%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MOVRUSDT+0.0395%4h0.8920+0.112%$1.1M$303K20xas long as short
Kraken Futures PF_MOVRUSD+0.0931%1h0.8906−0.046%$18K$11K10xas long as short