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

MOVR

all MOVR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0345%/8h= −37.8% APRpaid last 24h −0.190%
Price spread now: Binance against Gate−0.152%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1371.372% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.507%−$51 on $10k
Price spread, last 4 days (all we have)−0.074%−$7 · spread now −0.152%, 7d avg −0.097%
Together, before fees−0.581%−$58 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Binance is 0.055% cheaper against Gate than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.097%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MOVR_USDT0.88900.0445pay 0.0445% / 8h5h 58m$315K$327K25x
ShortBinance MOVRUSDT0.88760.0100get 0.0050% / 4h1h 58m$2.7M$3.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
−$72.45
Price spread: −0.152% → −0.097%
−$5.5
Slippage, 4 orders
−$112.22
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$215.17
Costs to cover
1.372%
Break-even
never at this rate
Slippage from Gate: live order book, 49 min ago; Binance: live order book, 15 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 Gate live order book, 49 min ago5.67 bp50.6 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 15 min ago0.56 bp27.4 bp −$27124.8 bp −$1,248doesn't fitdoesn't fit

MOVR on 12 exchanges

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+0.0088%4h0.8877−0.146%$173K$13K50xas long as short
Aster MOVRUSDT+0.0100%4h0.8883−0.078%$17K$11K5xas long as short
Binance MOVRUSDTshort+0.0100%4h0.8876−0.152%$2.7M$3.6M50x
MEXC MOVR_USDT+0.0100%4h0.8876−0.157%$2.5M$278K20xas long as short
KuCoin MOVRUSDTM+0.0100%4h0.8867−0.259%$478K$165K30xas long as short
Bitget MOVRUSDT+0.0100%4h0.8877−0.146%$331K$366K5xas long as short
Extended MOVR-USD+0.0104%1h0.8873−0.188%$4K$213K5xas long as short
Variational Omni MOVR+0.0352%4h0.8863−0.305%$7K$11Kas long as short
Gate MOVR_USDTlong+0.0445%8h0.8890long leg$315K$327K25x
Bybit MOVRUSDT+0.0486%4h0.8889−0.011%$1.1M$300K20xas long as short
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MOVR-USDT+0.0520%4h0.8878−0.135%$2.3Mas long as short
Kraken Futures PF_MOVRUSD+0.1902%1h0.8875−0.168%$17K$13K10xas long as short