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

MOVR

all MOVR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.167%
Price spread now: KuCoin against Gate+0.023%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$662as in the Funding arb table
Net, price: spread back to 7d avg − costs−$608as in the Price arb table
costs, in and out, $10k−$6146.140% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.485%−$48 on $10k
Price spread, last 4 days (all we have)−0.145%−$15 · spread now +0.023%, 7d avg −0.035%
Together, before fees−0.630%−$63 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: KuCoin is 0.058% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MOVR_USDT0.88500.0100pay 0.0100% / 8h7h 44m$281K$311K25x
ShortKuCoin MOVRUSDTM0.88520.0100get 0.0050% / 4h3h 44m$481K$173K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
Price spread: +0.023% → −0.035%
$5.79
Slippage, 4 orders
−$586.98
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$608.19
Costs to cover
6.140%
Break-even
never at this rate
Slippage from Gate: live order book, 50 min ago; KuCoin: live order book, 49 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, 50 min ago5.64 bp48.3 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 49 min ago11.29 bp285.4 bp −$285doesn'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
BloFin MOVR-USDT+0.0059%4h0.8849−0.011%$173K$12K50xas long as short
Aster MOVRUSDT+0.0100%4h0.8859+0.106%$16K$11K5xas long as short
Binance MOVRUSDT+0.0100%4h0.8853+0.034%$2.7M$3.7M50xas long as short
Gate MOVR_USDTlong+0.0100%8h0.8850long leg$281K$311K25x
MEXC MOVR_USDT+0.0100%4h0.8853+0.034%$2.5M$285K20xas long as short
KuCoin MOVRUSDTMshort+0.0100%4h0.8852+0.023%$481K$173K30x
Bitget MOVRUSDT+0.0100%4h0.8853+0.034%$333K$391K5xas long as short
BingX MOVR-USDT+0.0100%4h0.8867+0.192%$2.3Mas long as short
Extended MOVR-USD+0.0104%1h0.8851+0.007%$4K$219K5xas long as short
Variational Omni MOVR+0.0244%4h0.8874+0.266%$7K$11Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MOVRUSDT+0.0301%4h0.8853+0.034%$1.1M$307K20xas long as short
Kraken Futures PF_MOVRUSD+0.1967%1h0.8857+0.077%$18K$11K10xas long as short