Settings8H · net · $10k
Funding arb · Price arb /

MOVR

all MOVR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.20 per $10,000 · paid last 24h +0.002%
Price spread now: MEXC against BloFin−0.034%64s7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$610.612% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.492%+$49 · spread now −0.034%, 7d avg −0.003%
Together, before fees+0.495%+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.031% cheaper against BloFin than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of −0.003%). If the spread goes back, that is −$3 on $10k: about 2.5 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.003% in total) that is about 2 months. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MOVR-USDT0.88490.0059pay 0.0030% / 4h3h 44m$173K$12K50x
ShortMEXC MOVR_USDT0.88460.0100get 0.0050% / 4h3h 44m$2.5M$285K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$8.57
Price spread: −0.034% → −0.003%
−$3.09
Slippage, 4 orders
−$45.23
Fee BloFin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$55.75
Costs to cover
0.612%
Break-even
52.6 days
Slippage from BloFin: live order book, 21 min ago; MEXC: live order book, 3 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, 21 min ago0.56 bp17.5 bp −$1767.3 bp −$673doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago1.69 bp14.4 bp −$1494.9 bp −$949825.7 bp −$82.6Kdoesn'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+0.0059%4h0.8849long leg$173K$12K50x
Aster MOVRUSDT+0.0100%4h0.8859+0.116%$16K$11K5xas long as short
Binance MOVRUSDT+0.0100%4h0.8847−0.021%$2.7M$3.7M50xas long as short
Gate MOVR_USDT+0.0100%8h0.8850+0.011%$281K$311K25xas long as short
MEXC MOVR_USDTshort+0.0100%4h0.8846−0.034%$2.5M$285K20x
KuCoin MOVRUSDTM+0.0100%4h0.8850+0.011%$480K$173K30xas long as short
Bitget MOVRUSDT+0.0100%4h0.8852+0.034%$333K$391K5xas long as short
BingX MOVR-USDT+0.0100%4h0.8867+0.203%$2.3Mas long as short
Extended MOVR-USD+0.0104%1h0.8848−0.013%$4K$219K5xas long as short
Variational Omni MOVR+0.0244%4h0.8874+0.277%$7K$11Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MOVRUSDT+0.0301%4h0.8853+0.045%$1.1M$307K20xas long as short
Kraken Futures PF_MOVRUSD+0.1968%1h0.8853+0.045%$18K$11K10xas long as short