Funding you earn now, next payment 08:00 UTC+0.0339%/8h= +37.1% APRpaid last 24h −0.162%
Price spread now: Bybit against Gate−0.022%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$255as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$2092.085% of the position
Funding, last 7 days−0.468%−$47 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.022%, 7d avg +0.037%
=Funding pays, the price is against you. Bybit is 0.059% cheaper against Gate than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.037%). If the spread goes back, that is −$6 on $10k: about 14 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.468%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MOVR_USDT | 0.8910 | 0.0100 | pay 0.0100% / 8h | 3h 12m | $295K | $323K | 25x |
| Short | Bybit MOVRUSDT | 0.8908 | 0.0439 | get 0.0219% / 4h | 3h 12m | $1.1M | $272K | 20x |
Gate MOVR_USDT
Bybit MOVRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $71.13
- Price spread: −0.022% → +0.037%
- −$5.9
- Slippage, 4 orders
- −$182.51
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$143.27
- Costs to cover
- 2.085%
- Break-even
- 21.1 days
Slippage from Gate: live order book, 38 min ago; Bybit: live order book, 3 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, 38 min ago | 5.58 bp | 37.0 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 5.61 bp | 47.5 bp −$47 | doesn't fit | doesn't fit | doesn't fit |
MOVR on 12 venues
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 | +0.0051% | 4h | 0.8908 | −0.022% | $175K | $12K | 50x | as long as short |
| Aster MOVRUSDT | +0.0100% | 4h | 0.8906 | −0.040% | $17K | $11K | 5x | as long as short |
| Binance MOVRUSDT | +0.0100% | 4h | 0.8900 | −0.112% | $2.7M | $3.6M | 50x | as long as short |
| Gate MOVR_USDTlong | +0.0100% | 8h | 0.8910 | long leg | $295K | $323K | 25x | |
| MEXC MOVR_USDT | +0.0100% | 4h | 0.8905 | −0.056% | $2.5M | $290K | 20x | as long as short |
| KuCoin MOVRUSDTM | +0.0100% | 4h | 0.8908 | −0.022% | $485K | $176K | 30x | as long as short |
| Bitget MOVRUSDT | +0.0100% | 4h | 0.8910 | 0.000% | $330K | $401K | 5x | as long as short |
| BingX MOVR-USDT | +0.0100% | 4h | 0.8909 | −0.011% | — | $2.3M | — | as long as short |
| Extended MOVR-USD | +0.0104% | 1h | 0.8904 | −0.071% | $2K | $186K | 5x | as long as short |
| Variational Omni MOVR | +0.0238% | 4h | 0.8923 | +0.151% | $7K | $11K | — | as long as short |
BloFin MOVR-USDT
Aster MOVRUSDT
Binance MOVRUSDT
MEXC MOVR_USDT
KuCoin MOVRUSDTM
Bitget MOVRUSDT
BingX MOVR-USDT
Extended MOVR-USD
Variational Omni MOVRShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MOVRUSDTshort | +0.0439% | 4h | 0.8908 | −0.022% | $1.1M | $272K | 20x | |
| Kraken Futures PF_MOVRUSD | +0.1167% | 1h | 0.8915 | +0.059% | $19K | $13K | 10x | as long as short |
Kraken Futures PF_MOVRUSD