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+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.024%
Price spread now: KuCoin against BloFin−0.270%95s7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$510as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$5135.127% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 4 days (all we have)+0.438%+$44 · spread now −0.270%, 7d avg +0.052%
Together, before fees+0.466%+$47 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: KuCoin is 0.322% cheaper against BloFin than usual: you would sell low and buy high, −$32 on $10k if it goes back to its 7-day average of +0.052%. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MOVR-USDT0.88990.0099pay 0.0049% / 4h37m 36s$171K$12K50x
ShortKuCoin MOVRUSDTM0.88750.0100get 0.0050% / 4h37m 36s$477K$173K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0.23
Price spread: −0.270% → +0.052%
−$32.15
Slippage, 4 orders
−$488.74
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$544.66
Costs to cover
5.127%
Break-even
16468.3 days
Slippage from BloFin: live order book, 32 min ago; KuCoin: live order book, 66 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, 32 min ago5.05 bp18.1 bp −$1866.0 bp −$660doesn't fitdoesn't fit
Sell KuCoin live order book, 66 min ago11.22 bp292.9 bp −$293doesn'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+0.0099%4h0.8899long leg$171K$12K50x
Aster MOVRUSDT+0.0100%4h0.8871−0.313%$17K$11K5xas long as short
Binance MOVRUSDT+0.0100%4h0.8864−0.390%$2.7M$3.6M50xas long as short
Gate MOVR_USDT+0.0100%8h0.8880−0.214%$286K$320K25xas long as short
MEXC MOVR_USDT+0.0100%4h0.8863−0.405%$2.5M$286K20xas long as short
KuCoin MOVRUSDTMshort+0.0100%4h0.8875−0.270%$477K$173K30x
Bitget MOVRUSDT+0.0100%4h0.8862−0.416%$331K$390K5xas long as short
Extended MOVR-USD+0.0104%1h0.8862−0.417%$2K$214K5xas long as short
Variational Omni MOVR+0.0225%4h0.8928+0.329%$7K$11Kas long as short
Bybit MOVRUSDT+0.0355%4h0.8870−0.326%$1.1M$304K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MOVR-USDT+0.0382%4h0.8878−0.236%$2.3Mas long as short
Kraken Futures PF_MOVRUSD+0.0934%1h0.8877−0.251%$18K$11K10xas long as short