MOVR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0299%/8h= −32.7% APRnext payment −$1.49 per $10,000 · paid last 24h −0.016%

Price spread now: KuCoin against Bybit−0.181%7-day average −0.077% · you buy dearer than you sell

Net, funding: paid 7d − costs−$570as in the Funding arb table

Net, price: spread back to 7d avg − costs−$578as in the Price arb table

costs, in and out, $10k−$5685.681% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.181%, 7d avg −0.077%

Together, before fees+0.143%+$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.103% cheaper against Bybit than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.077%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.016% in total (about -0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.49 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	0.8860	0.0399	pay 0.0199% / 4h	2h 11m	$1.1M	$306K	20x
Short	KuCoin MOVRUSDTM	0.8844	0.0100	get 0.0050% / 4h	2h 11m	$478K	$175K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.181%Rate

Funding earned: −$62.74
Price spread: −0.181% → −0.077%: −$10.32
Slippage, 4 orders: −$545.07
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$641.14
Costs to cover: 5.681%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 47 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, 4 min ago	5.67 bp	57.9 bp −$58	1369.5 bp −$13.7K	doesn't fit	doesn't fit
Sell KuCoin live order book, 47 min ago	11.30 bp	274.5 bp −$275	doesn't fit	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
BloFin MOVR-USDT	+0.0098%	4h	0.8830	−0.339%	$123K	$12K	50x	as long as short
Aster MOVRUSDT	+0.0100%	4h	0.8837	−0.261%	$16K	$11K	5x	as long as short
Binance MOVRUSDT	+0.0100%	4h	0.8853	−0.075%	$2.6M	$3.7M	50x	as long as short
MEXC MOVR_USDT	+0.0100%	4h	0.8852	−0.090%	$2.5M	$295K	20x	as long as short
KuCoin MOVRUSDTMshort	+0.0100%	4h	0.8844	−0.181%	$478K	$175K	30x
Bitget MOVRUSDT	+0.0100%	4h	0.8846	−0.158%	$327K	$410K	5x	as long as short
Extended MOVR-USD	+0.0104%	1h	0.8851	−0.105%	$3K	$282K	5x	as long as short
Gate MOVR_USDT	+0.0117%	8h	0.8850	−0.113%	$288K	$330K	25x	as long as short
BingX MOVR-USDT	+0.0284%	4h	0.8856	−0.045%	—	$2.3M	—	as long as short
Variational Omni MOVR	+0.0316%	4h	0.8824	−0.411%	$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 MOVRUSDTlong	+0.0399%	4h	0.8860	long leg	$1.1M	$306K	20x
Kraken Futures PF_MOVRUSD	+0.1883%	1h	0.8856	−0.045%	$19K	$13K	10x	as long as short