Funding you earn now, next payment 09:00 UTC−0.1876%/8h= −205.4% APRpaid last 24h −0.328%
Price spread now: Binance against Kraken Futures+0.031%54s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Binance is 0.031% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$56 a day in funding at the current rate, which eats that in about 1 hour. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MOVRUSD | 0.8815 | 0.1976 | pay 0.0247% / 1h | 38m 24s | $18K | $11K | 10x |
| Short | Binance MOVRUSDT | 0.8818 | 0.0100 | get 0.0050% / 4h | 3h 38m | $2.7M | $3.7M | 50x |
Kraken Futures PF_MOVRUSD
Binance MOVRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kraken Futures. 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
- −$393.95
- Price spread: +0.031% → 0.000%
- $3.07
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$410.88
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 13 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 13 min ago | 0.56 bp | 19.1 bp −$19 | 104.2 bp −$1,042 | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MOVRUSDT | +0.0100% | 4h | 0.8821 | +0.062% | $16K | $11K | 5x | as long as short |
| Binance MOVRUSDTshort | +0.0100% | 4h | 0.8818 | +0.031% | $2.7M | $3.7M | 50x | |
| Bybit MOVRUSDT | +0.0100% | 4h | 0.8830 | +0.169% | $1.1M | $308K | 20x | as long as short |
| Gate MOVR_USDT | +0.0100% | 8h | 0.8810 | −0.058% | $276K | $313K | 25x | as long as short |
| MEXC MOVR_USDT | +0.0100% | 4h | 0.8814 | −0.013% | $2.5M | $287K | 20x | as long as short |
| KuCoin MOVRUSDTM | +0.0100% | 4h | 0.8813 | −0.024% | $478K | $173K | 30x | as long as short |
| Bitget MOVRUSDT | +0.0100% | 4h | 0.8816 | +0.010% | $331K | $391K | 5x | as long as short |
| Extended MOVR-USD | +0.0104% | 1h | 0.8815 | +0.004% | $4K | $219K | 5x | as long as short |
| BloFin MOVR-USDT | +0.0111% | 4h | 0.8827 | +0.135% | $173K | $12K | 50x | as long as short |
| Variational Omni MOVR | +0.0196% | 4h | 0.8844 | +0.322% | $7K | $11K | — | as long as short |
Aster MOVRUSDT
Bybit MOVRUSDT
Gate MOVR_USDT
MEXC MOVR_USDT
KuCoin MOVRUSDTM
Bitget MOVRUSDT
Extended MOVR-USD
BloFin MOVR-USDT
Variational Omni MOVRShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MOVR-USDT | +0.0300% | 4h | 0.8812 | −0.036% | — | $2.3M | — | as long as short |
| Kraken Futures PF_MOVRUSDlong | +0.1976% | 1h | 0.8815 | long leg | $18K | $11K | 10x |
BingX MOVR-USDT