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+0.0072%/8h= +7.9% APRpaid last 24h +0.202%
Price spread now: Gate against BloFin−0.056%7-day average +0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1241.241% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.513%+$51 on $10k
Price spread, last 4 days (all we have)+0.160%+$16 · spread now −0.056%, 7d avg +0.090%
Together, before fees+0.673%+$67 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.146% cheaper against BloFin than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of +0.090%). If the spread goes back, that is −$15 on $10k: about 6.7 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.513% in total) that is about 48 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MOVR-USDT0.88950.0041pay 0.0020% / 4h1h 34m$171K$12K50x
ShortGate MOVR_USDT0.88900.0113get 0.0113% / 8h1h 34m$289K$323K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$15.2
Price spread: −0.056% → +0.090%
−$14.65
Slippage, 4 orders
−$97.1
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$123.55
Costs to cover
1.241%
Break-even
63.9 days
Slippage from BloFin: live order book, 40 min ago; Gate: live order book, 5 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 Gate live order book, 5 min ago5.62 bp44.5 bp −$44doesn't fitdoesn'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%4h0.8873−0.253%$17K$11K5xas long as short
Binance MOVRUSDT+0.0100%4h0.8874−0.236%$2.6M$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 MOVRUSDT+0.0100%4h0.8893−0.022%$332K$405K5xas long as short
Extended MOVR-USD+0.0104%1h0.8887−0.091%$2K$230K5xas long as short
Gate MOVR_USDTshort+0.0113%8h0.8890−0.056%$289K$323K25x
Variational Omni MOVR+0.0434%4h0.8893−0.017%$7K$11Kas long as short
BingX MOVR-USDT+0.0506%4h0.8890−0.056%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MOVRUSDT+0.0539%4h0.8887−0.090%$1.1M$307K20xas long as short
Kraken Futures PF_MOVRUSD+0.1764%1h0.8888−0.081%$19K$13K10xas long as short