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+0.0075%/8h= +8.2% APRpaid last 24h −0.142%
Price spread now: BingX against Gate−0.135%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1401.398% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.459%−$46 on $10k
Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.135%, 7d avg −0.012%
Together, before fees−0.441%−$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.123% cheaper against Gate than usual: you would sell low and buy high (spread −0.135% now, against its 7-day average of −0.012%). If the spread goes back, that is −$12 on $10k: about 5.5 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.459%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MOVR_USDT0.88900.0445pay 0.0445% / 8h5h 58m$315K$327K25x
ShortBingX MOVR-USDT0.88780.0520get 0.0260% / 4h1h 58m$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$15.75
Price spread: −0.135% → −0.012%
−$12.27
Slippage, 4 orders
−$114.83
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$136.35
Costs to cover
1.398%
Break-even
67.6 days
Slippage from Gate: live order book, 49 min ago; BingX: live order book, 3 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 BingX live order book, 3 min ago5.64 bp22.6 bp −$2373.3 bp −$733570.0 bp −$57.0K805.9 bp −$402.9K

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 MOVRUSDT+0.0100%4h0.8876−0.152%$2.7M$3.6M50xas long as short
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-USDTshort+0.0520%4h0.8878−0.135%$2.3M
Kraken Futures PF_MOVRUSD+0.1902%1h0.8875−0.168%$17K$13K10xas long as short