Funding you earn now, next payment 12:00 UTC−0.0025%/8h= −2.8% APRnext payment −$0.13 per $10,000 · paid last 24h +0.050%
Price spread now: BingX against BloFin+0.034%111s7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1000.997% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 4 days (all we have)+0.207%+$21 · spread now +0.034%, 7d avg +0.075%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.041% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.075%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MOVR-USDT | 0.8750 | 0.0125 | pay 0.0063% / 4h | 1h 29m | $172K | $14K | 50x |
| Short | BingX MOVR-USDT | 0.8753 | 0.0100 | get 0.0050% / 4h | 1h 29m | — | $2.3M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.29
- Price spread: +0.034% → +0.075%
- −$4.06
- Slippage, 4 orders
- −$77.7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$109.05
- Costs to cover
- 0.997%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 8 min ago; BingX: live order book, 11 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 BloFin live order book, 8 min ago | 4.55 bp | 20.6 bp −$21 | 73.2 bp −$732 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 6.23 bp | 29.4 bp −$29 | 72.8 bp −$728 | 533.9 bp −$53.4K | 761.1 bp −$380.6K |
MOVR on 12 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MOVRUSDT | +0.0100% | 4h | 0.8744 | −0.072% | $16K | $11K | 5x | as long as short |
| Binance MOVRUSDT | +0.0100% | 4h | 0.8741 | −0.103% | $2.6M | $3.5M | 50x | as long as short |
| Bybit MOVRUSDT | +0.0100% | 4h | 0.8758 | +0.091% | $1.0M | $309K | 20x | as long as short |
| MEXC MOVR_USDT | +0.0100% | 4h | 0.8741 | −0.103% | $2.4M | $281K | 20x | as long as short |
| KuCoin MOVRUSDTM | +0.0100% | 4h | 0.8734 | −0.183% | $469K | $166K | 30x | as long as short |
| Bitget MOVRUSDT | +0.0100% | 4h | 0.8743 | −0.080% | $327K | $377K | 5x | as long as short |
| BingX MOVR-USDTshort | +0.0100% | 4h | 0.8753 | +0.034% | — | $2.3M | — | |
| Variational Omni MOVR | +0.0100% | 4h | 0.8753 | +0.034% | $7K | $11K | — | as long as short |
| Extended MOVR-USD | +0.0104% | 1h | 0.8737 | −0.145% | $1K | $211K | 5x | as long as short |
| BloFin MOVR-USDTlong | +0.0125% | 4h | 0.8750 | long leg | $172K | $14K | 50x |
Show all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MOVR_USDT | +0.0510% | 8h | 0.8760 | +0.114% | $315K | $345K | 25x | as long as short |
| Kraken Futures PF_MOVRUSD | +0.1929% | 1h | 0.8749 | −0.013% | $17K | $14K | 10x | as long as short |
BloFin MOVR-USDT
BingX MOVR-USDT
Aster MOVRUSDT
Binance MOVRUSDT
Bybit MOVRUSDT
MEXC MOVR_USDT
KuCoin MOVRUSDTM
Bitget MOVRUSDT
Variational Omni MOVR
Extended MOVR-USD
Gate MOVR_USDT
Kraken Futures PF_MOVRUSD