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 − costs—prices read too far apart to compare
costs, in and out, $10k−$610.612% of the position
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%
=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.
| 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 44m | $173K | $12K | 50x |
| Short | MEXC MOVR_USDT | 0.8846 | 0.0100 | get 0.0050% / 4h | 3h 44m | $2.5M | $285K | 20x |
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 itlatest
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| 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 MEXC live order book, 3 min ago | 1.69 bp | 14.4 bp −$14 | 94.9 bp −$949 | 825.7 bp −$82.6K | 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 | +0.0059% | 4h | 0.8849 | long leg | $173K | $12K | 50x | |
| Aster MOVRUSDT | +0.0100% | 4h | 0.8859 | +0.116% | $16K | $11K | 5x | as long as short |
| Binance MOVRUSDT | +0.0100% | 4h | 0.8847 | −0.021% | $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_USDTshort | +0.0100% | 4h | 0.8846 | −0.034% | $2.5M | $285K | 20x | |
| KuCoin MOVRUSDTM | +0.0100% | 4h | 0.8850 | +0.011% | $480K | $173K | 30x | as long as short |
| Bitget MOVRUSDT | +0.0100% | 4h | 0.8852 | +0.034% | $333K | $391K | 5x | as long as short |
| BingX MOVR-USDT | +0.0100% | 4h | 0.8867 | +0.203% | — | $2.3M | — | as long as short |
| Extended MOVR-USD | +0.0104% | 1h | 0.8848 | −0.013% | $4K | $219K | 5x | as long as short |
| Variational Omni MOVR | +0.0244% | 4h | 0.8874 | +0.277% | $7K | $11K | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MOVRUSDT | +0.0301% | 4h | 0.8853 | +0.045% | $1.1M | $307K | 20x | as long as short |
| Kraken Futures PF_MOVRUSD | +0.1968% | 1h | 0.8853 | +0.045% | $18K | $11K | 10x | as long as short |
BloFin MOVR-USDT
MEXC MOVR_USDT
Aster MOVRUSDT
Binance MOVRUSDT
Gate MOVR_USDT
KuCoin MOVRUSDTM
Bitget MOVRUSDT
BingX MOVR-USDT
Extended MOVR-USD
Variational Omni MOVR
Bybit MOVRUSDT
Kraken Futures PF_MOVRUSD