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

MOVR

all MOVR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.200%
Price spread now: Extended against Gate+0.144%7-day average −0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$251as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$2002.004% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.502%−$50 on $10k
Price spread, last 4 days (all we have)−0.365%−$36 · spread now +0.144%, 7d avg −0.127%
Together, before fees−0.867%+ Points / potential airdropExtended: Active · farm board−$87 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: Extended is 0.272% dearer against Gate than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −0.127%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MOVR_USDT0.87800.0100pay 0.0100% / 8h2h 21m$286K$329K25x
ShortExtended MOVR-USD0.87930.0104get 0.0013% / 1h21m 55s$2K$284K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.144% → −0.127%
$27.17
Slippage, 4 orders
−$180.36
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$172.36
Costs to cover
2.004%
Break-even
1443.3 days
Slippage from Gate: live order book, 23 min ago; Extended: live order book, 25 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, 23 min ago5.64 bp43.3 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 25 min ago5.64 bp46.6 bp −$47doesn'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
Aster MOVRUSDT+0.0100%4h0.8787+0.078%$16K$11K5xas long as short
Binance MOVRUSDT+0.0100%4h0.8801+0.239%$2.6M$3.7M50xas long as short
Gate MOVR_USDTlong+0.0100%8h0.8780long leg$286K$329K25x
MEXC MOVR_USDT+0.0100%4h0.8795+0.171%$2.5M$294K20xas long as short
KuCoin MOVRUSDTM+0.0100%4h0.8766−0.159%$474K$176K30xas long as short
Bitget MOVRUSDT+0.0100%4h0.8786+0.068%$325K$407K5xas long as short
BloFin MOVR-USDT+0.0102%4h0.8757−0.262%$171K$12K50xas long as short
Extended MOVR-USDshort+0.0104%1h0.8793+0.144%$2K$284K5x
Bybit MOVRUSDT+0.0336%4h0.8810+0.342%$1.1M$304K20xas long as short
BingX MOVR-USDT+0.0348%4h0.8789+0.103%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MOVR+0.0362%4h0.8759−0.244%$7K$11Kas long as short
Kraken Futures PF_MOVRUSD+0.1895%1h0.8799+0.218%$19K$13K10xas long as short