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−0.0004%/8h= −0.4% APRpaid last 24h +0.022%
Price spread now: KuCoin against Extended+0.129%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$638as in the Funding arb table
Net, price: spread back to 7d avg − costs−$635as in the Price arb table
costs, in and out, $10k−$6396.394% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 4 days (all we have)+0.152%+$15 · spread now +0.129%, 7d avg +0.088%
Together, before fees+0.170%+ Points / potential airdropExtended: Active · farm board+$17 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.041% dearer against Extended than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.088%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MOVR-USD0.88390.0104pay 0.0013% / 1h43m 57s$4K$219K5x
ShortKuCoin MOVRUSDTM0.88500.0100get 0.0050% / 4h3h 43m$480K$173K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$0.84
Price spread: +0.129% → +0.088%
$4.09
Slippage, 4 orders
−$622.44
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$636.19
Costs to cover
6.394%
Break-even
never at this rate
Slippage from Extended: live order book, 52 min ago; KuCoin: live order book, 50 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, 52 min ago6.22 bp57.1 bp −$57430.6 bp −$4,306doesn't fitdoesn't fit
Sell KuCoin live order book, 50 min ago11.29 bp285.4 bp −$285doesn'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+0.0059%4h0.8849+0.118%$173K$12K50xas long as short
Aster MOVRUSDT+0.0100%4h0.8859+0.232%$16K$11K5xas long as short
Binance MOVRUSDT+0.0100%4h0.8847+0.095%$2.7M$3.7M50xas long as short
Gate MOVR_USDT+0.0100%8h0.8850+0.129%$281K$311K25xas long as short
MEXC MOVR_USDT+0.0100%4h0.8846+0.084%$2.5M$285K20xas long as short
KuCoin MOVRUSDTMshort+0.0100%4h0.8850+0.129%$480K$173K30x
Bitget MOVRUSDT+0.0100%4h0.8845+0.073%$333K$391K5xas long as short
BingX MOVR-USDT+0.0100%4h0.8867+0.321%$2.3Mas long as short
Extended MOVR-USDlong+0.0104%1h0.8839long leg$4K$219K5x
Variational Omni MOVR+0.0244%4h0.8874+0.395%$7K$11Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MOVRUSDT+0.0301%4h0.8850+0.129%$1.1M$307K20xas long as short
Kraken Futures PF_MOVRUSD+0.1968%1h0.8853+0.163%$18K$11K10xas long as short