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

MOVR

all MOVR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0296%/8h= +32.4% APRpaid last 24h +0.189%
Price spread now: Gate against Extended−0.004%7-day average +0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2062.063% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.502%+$50 on $10k
Price spread, last 4 days (all we have)+0.408%+$41 · spread now −0.004%, 7d avg +0.123%
Together, before fees+0.910%+ Points / potential airdropExtended: Active · farm board+$91 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.127% cheaper against Extended than usual: you would sell low and buy high (spread −0.004% now, against its 7-day average of +0.123%). If the spread goes back, that is −$13 on $10k: about 34 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MOVR-USD0.88600.0104pay 0.0013% / 1h22m 22s$2K$216K5x
ShortGate MOVR_USDT0.88600.0400get 0.0400% / 8h7h 22m$276K$314K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Extended. 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
$62.16
Price spread: −0.004% → +0.123%
−$12.72
Slippage, 4 orders
−$186.26
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$156.83
Costs to cover
2.063%
Break-even
24.7 days
Slippage from Extended: live order book, 9 min ago; Gate: live order book, 8 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 Extended live order book, 9 min ago6.85 bp58.0 bp −$58437.1 bp −$4,371doesn't fitdoesn't fit
Sell Gate live order book, 8 min ago11.42 bp36.3 bp −$36doesn'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-USDT+0.0052%4h0.8779−0.918%$173K$12K50xas long as short
Aster MOVRUSDT+0.0100%4h0.8854−0.077%$16K$11K5xas long as short
Binance MOVRUSDT+0.0100%4h0.8863+0.028%$2.7M$3.7M50xas long as short
MEXC MOVR_USDT+0.0100%4h0.8855−0.060%$2.5M$289K20xas long as short
KuCoin MOVRUSDTM+0.0100%4h0.8844−0.184%$479K$173K30xas long as short
Bitget MOVRUSDT+0.0100%4h0.8847−0.150%$331K$398K5xas long as short
BingX MOVR-USDT+0.0100%4h0.8876+0.177%$2.3Mas long as short
Extended MOVR-USDlong+0.0104%1h0.8860long leg$2K$216K5x
Variational Omni MOVR+0.0115%4h0.8783−0.870%$7K$11Kas long as short
Bybit MOVRUSDT+0.0345%4h0.8870+0.109%$1.1M$318K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MOVR_USDTshort+0.0400%8h0.8860−0.004%$276K$314K25x
Kraken Futures PF_MOVRUSD+0.1963%1h0.8871+0.125%$18K$12K10xas long as short