Funding arb · Price arb /

MOVR

all MOVR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.1908%/8h= +209.0% APRpaid last 24h +0.330%

Price spread now: Kraken Futures against BloFin+0.045%57s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$57 a day on $10k at the current rate, and Kraken Futures is 0.045% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 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	0.8849	0.0059	pay 0.0030% / 4h	3h 43m	$173K	$12K	50x
Short	Kraken Futures PF_MOVRUSD	0.8853	0.1968	get 0.0246% / 1h	43m 37s	$18K	$11K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Position, each leg$Hold fordaysFee BloFinbpFee Kraken FuturesbpOrdersPrice spread, now +0.045%Rate

Funding earned: $400.75
Price spread: +0.045% → 0.000%: $4.47
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $383.22
Costs to cover: 0.220%
Break-even: 0.3 days

Slippage unknown: BloFin: live order book, 21 min ago; Kraken Futures: no order-book sample. Net counts fees only.

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, 21 min ago	0.56 bp	17.5 bp −$17	67.3 bp −$673	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	+0.0059%	4h	0.8849	long leg	$173K	$12K	50x
Aster MOVRUSDT	+0.0100%	4h	0.8852	+0.037%	$16K	$11K	5x	as long as short
Binance MOVRUSDT	+0.0100%	4h	0.8840	−0.102%	$2.7M	$3.7M	50x	as long as short
Gate MOVR_USDT	+0.0100%	8h	0.8850	+0.011%	$281K	$311K	25x	as long as short
MEXC MOVR_USDT	+0.0100%	4h	0.8840	−0.102%	$2.5M	$285K	20x	as long as short
KuCoin MOVRUSDTM	+0.0100%	4h	0.8850	+0.011%	$480K	$173K	30x	as long as short
Bitget MOVRUSDT	+0.0100%	4h	0.8845	−0.045%	$333K	$390K	5x	as long as short
BingX MOVR-USDT	+0.0100%	4h	0.8861	+0.136%	—	$2.3M	—	as long as short
Extended MOVR-USD	+0.0104%	1h	0.8839	−0.118%	$4K	$219K	5x	as long as short
Bybit MOVRUSDT	+0.0148%	4h	0.8850	+0.011%	$1.1M	$307K	20x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MOVR	+0.0244%	4h	0.8874	+0.277%	$7K	$11K	—	as long as short
Kraken Futures PF_MOVRUSDshort	+0.1968%	1h	0.8853	+0.045%	$18K	$11K	10x