MOVR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0277%/8h= −30.3% APRnext payment −$1.38 per $10,000 · paid last 24h −0.039%

Price spread now: Bitget against Bybit−0.090%7-day average −0.080% · you buy dearer than you sell

Net, funding: paid 7d − costs−$225as in the Funding arb table

Net, price: spread back to 7d avg − costs−$222as in the Price arb table

costs, in and out, $10k−$2212.208% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.090%, 7d avg −0.080%

Together, before fees−0.019%−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.080%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.039% in total (about -2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MOVRUSDT	0.8929	0.0377	pay 0.0188% / 4h	42m 44s	$1.1M	$302K	20x
Short	Bitget MOVRUSDT	0.8921	0.0100	get 0.0050% / 4h	42m 44s	$333K	$389K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now −0.090%Rate

Funding earned: −$58.08
Price spread: −0.090% → −0.080%: −$0.96
Slippage, 4 orders: −$197.81
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$279.84
Costs to cover: 2.208%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 53 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 Bybit live order book, 3 min ago	11.20 bp	86.4 bp −$86	1563.2 bp −$15.6K	doesn't fit	doesn't fit
Sell Bitget live order book, 53 min ago	4.50 bp	26.1 bp −$26	117.1 bp −$1,171	doesn't fit	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
Aster MOVRUSDT	+0.0100%	4h	0.8911	−0.204%	$17K	$11K	5x	as long as short
Binance MOVRUSDT	+0.0100%	4h	0.8913	−0.177%	$2.7M	$3.6M	50x	as long as short
Gate MOVR_USDT	+0.0100%	8h	0.8920	−0.101%	$288K	$319K	25x	as long as short
MEXC MOVR_USDT	+0.0100%	4h	0.8913	−0.179%	$2.5M	$286K	20x	as long as short
KuCoin MOVRUSDTM	+0.0100%	4h	0.8909	−0.224%	$478K	$173K	30x	as long as short
Bitget MOVRUSDTshort	+0.0100%	4h	0.8921	−0.090%	$333K	$389K	5x
Extended MOVR-USD	+0.0104%	1h	0.8908	−0.240%	$2K	$214K	5x	as long as short
BloFin MOVR-USDT	+0.0156%	4h	0.8915	−0.157%	$172K	$12K	50x	as long as short
Variational Omni MOVR	+0.0274%	4h	0.8933	+0.048%	$7K	$11K	—	as long as short
Bybit MOVRUSDTlong	+0.0377%	4h	0.8929	long leg	$1.1M	$302K	20x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MOVR-USDT	+0.0382%	4h	0.8929	0.000%	—	$2.3M	—	as long as short
Kraken Futures PF_MOVRUSD	+0.0930%	1h	0.8917	−0.130%	$18K	$11K	10x	as long as short