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+0.0059%/8h= +6.5% APRnext payment +$0.30 per $10,000 · paid last 24h +0.001%
Price spread now: Bitget against BloFin−0.022%7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1421.421% 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)+0.164%+$16 · spread now −0.022%, 7d avg +0.054%
Together, before fees+0.170%+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.076% cheaper against BloFin than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.054%). If the spread goes back, that is −$8 on $10k: about 4.3 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.006% in total) that is about 3 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MOVR-USDT0.88950.0041pay 0.0020% / 4h1h 35m$171K$12K50x
ShortBitget MOVRUSDT0.88930.0100get 0.0050% / 4h1h 35m$332K$405K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$12.47
Price spread: −0.022% → +0.054%
−$7.63
Slippage, 4 orders
−$118.06
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$137.21
Costs to cover
1.421%
Break-even
84.0 days
Slippage from BloFin: live order book, 40 min ago; Bitget: live order book, 65 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, 40 min ago1.13 bp15.9 bp −$1658.9 bp −$589doesn't fitdoesn't fit
Sell Bitget live order book, 65 min ago5.11 bp58.4 bp −$58166.6 bp −$1,666doesn'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-USDTlong+0.0041%4h0.8895long leg$171K$12K50x
Aster MOVRUSDT+0.0100%4h0.8878−0.188%$17K$11K5xas long as short
Binance MOVRUSDT+0.0100%4h0.8889−0.065%$2.7M$3.7M50xas long as short
MEXC MOVR_USDT+0.0100%4h0.8888−0.079%$2.5M$286K20xas long as short
KuCoin MOVRUSDTM+0.0100%4h0.8887−0.090%$479K$174K30xas long as short
Bitget MOVRUSDTshort+0.0100%4h0.8893−0.022%$332K$405K5x
Extended MOVR-USD+0.0104%1h0.8886−0.102%$2K$230K5xas long as short
Gate MOVR_USDT+0.0113%8h0.8890−0.056%$289K$323K25xas long as short
Variational Omni MOVR+0.0434%4h0.8893−0.017%$7K$11Kas long as short
BingX MOVR-USDT+0.0506%4h0.8889−0.067%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MOVRUSDT+0.0560%4h0.8900+0.056%$1.1M$307K20xas long as short
Kraken Futures PF_MOVRUSD+0.1764%1h0.8888−0.081%$19K$13K10xas long as short