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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MOVR_USDT | 0.8890 | 0.0445 | pay 0.0445% / 8h | 5h 58m | $315K | $327K | 25x |
| Short | Binance MOVRUSDT | 0.8876 | 0.0100 | get 0.0050% / 4h | 1h 58m | $2.7M | $3.6M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 49 min ago | 5.67 bp | 50.6 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.56 bp | 27.4 bp −$27 | 124.8 bp −$1,248 | doesn't fit | doesn't fit |
MOVR on 12 exchanges
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 | +0.0088% | 4h | 0.8877 | −0.146% | $173K | $13K | 50x | as long as short |
| Aster MOVRUSDT | +0.0100% | 4h | 0.8883 | −0.078% | $17K | $11K | 5x | as long as short |
| Binance MOVRUSDTshort | +0.0100% | 4h | 0.8876 | −0.152% | $2.7M | $3.6M | 50x | |
| MEXC MOVR_USDT | +0.0100% | 4h | 0.8876 | −0.157% | $2.5M | $278K | 20x | as long as short |
| KuCoin MOVRUSDTM | +0.0100% | 4h | 0.8867 | −0.259% | $478K | $165K | 30x | as long as short |
| Bitget MOVRUSDT | +0.0100% | 4h | 0.8877 | −0.146% | $331K | $366K | 5x | as long as short |
| Extended MOVR-USD | +0.0104% | 1h | 0.8873 | −0.188% | $4K | $213K | 5x | as long as short |
| Variational Omni MOVR | +0.0352% | 4h | 0.8863 | −0.305% | $7K | $11K | — | as long as short |
| Gate MOVR_USDTlong | +0.0445% | 8h | 0.8890 | long leg | $315K | $327K | 25x | |
| Bybit MOVRUSDT | +0.0486% | 4h | 0.8889 | −0.011% | $1.1M | $300K | 20x | as long as short |
Show all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MOVR-USDT | +0.0520% | 4h | 0.8878 | −0.135% | — | $2.3M | — | as long as short |
| Kraken Futures PF_MOVRUSD | +0.1902% | 1h | 0.8875 | −0.168% | $17K | $13K | 10x | as long as short |
Gate MOVR_USDT
Binance MOVRUSDT
BloFin MOVR-USDT
Aster MOVRUSDT
MEXC MOVR_USDT
KuCoin MOVRUSDTM
Bitget MOVRUSDT
Extended MOVR-USD
Variational Omni MOVR
Bybit MOVRUSDT
BingX MOVR-USDT
Kraken Futures PF_MOVRUSD