Funding arb · Price arb /

MOVR

all MOVR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0005%/8h= +0.6% APRpaid last 24h +0.002%

Price spread now: Extended against BloFin−0.283%54s7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$152as 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−$1531.527% of the position

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 4 days (all we have)+0.309%+$31 · spread now −0.283%, 7d avg −0.031%

Together, before fees+0.320%+ Points / potential airdropExtended: Active · farm board+$32 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: Extended is 0.252% cheaper against BloFin than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.031%. The two prices were read 54 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	0.8899	0.0099	pay 0.0049% / 4h	38m 25s	$171K	$12K	50x
Short	Extended MOVR-USD	0.8874	0.0104	get 0.0013% / 1h	38m 25s	$2K	$214K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BloFinbpFee ExtendedbpOrdersPrice spread, now −0.283%Rate

Funding earned: $1.07
Price spread: −0.283% → −0.031%: −$25.22
Slippage, 4 orders: −$135.73
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$176.88
Costs to cover: 1.527%
Break-even: 1162.4 days

Slippage from BloFin: live order book, 32 min ago; Extended: live order book, 64 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, 32 min ago	5.05 bp	18.1 bp −$18	66.0 bp −$660	doesn't fit	doesn't fit
Sell Extended live order book, 64 min ago	4.50 bp	61.6 bp −$62	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-USDTlong	+0.0099%	4h	0.8899	long leg	$171K	$12K	50x
Aster MOVRUSDT	+0.0100%	4h	0.8879	−0.226%	$17K	$11K	5x	as long as short
Binance MOVRUSDT	+0.0100%	4h	0.8876	−0.256%	$2.7M	$3.6M	50x	as long as short
Gate MOVR_USDT	+0.0100%	8h	0.8890	−0.101%	$286K	$319K	25x	as long as short
MEXC MOVR_USDT	+0.0100%	4h	0.8874	−0.281%	$2.5M	$286K	20x	as long as short
KuCoin MOVRUSDTM	+0.0100%	4h	0.8882	−0.191%	$477K	$173K	30x	as long as short
Bitget MOVRUSDT	+0.0100%	4h	0.8874	−0.281%	$331K	$389K	5x	as long as short
Extended MOVR-USDshort	+0.0104%	1h	0.8874	−0.283%	$2K	$214K	5x
Variational Omni MOVR	+0.0225%	4h	0.8928	+0.329%	$7K	$11K	—	as long as short
Bybit MOVRUSDT	+0.0369%	4h	0.8888	−0.124%	$1.1M	$303K	20x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MOVR-USDT	+0.0382%	4h	0.8887	−0.135%	—	$2.3M	—	as long as short
Kraken Futures PF_MOVRUSD	+0.0934%	1h	0.8877	−0.251%	$18K	$11K	10x	as long as short