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−0.1781%/8h= −195.0% APRpaid last 24h −0.281%
Price spread now: BloFin against Kraken Futures−0.065%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$53 a day on $10k at the current rate, and BloFin is 0.065% cheaper against Kraken Futures than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_MOVRUSD0.88560.1883pay 0.0235% / 1h11m 23s$19K$13K10x
ShortBloFin MOVR-USDT0.88500.0102get 0.0051% / 4h2h 11m$123K$12K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$373.97
Price spread: −0.065% → 0.000%
−$6.5
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$402.48
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell BloFin live order book, 4 min ago1.13 bp21.6 bp −$2266.8 bp −$668doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MOVRUSDT+0.0100%4h0.8837−0.211%$16K$11K5xas long as short
Binance MOVRUSDT+0.0100%4h0.8851−0.054%$2.6M$3.7M50xas long as short
MEXC MOVR_USDT+0.0100%4h0.8852−0.042%$2.5M$295K20xas long as short
KuCoin MOVRUSDTM+0.0100%4h0.8845−0.121%$478K$175K30xas long as short
Bitget MOVRUSDT+0.0100%4h0.8846−0.110%$327K$410K5xas long as short
BloFin MOVR-USDTshort+0.0102%4h0.8850−0.065%$123K$12K50x
Extended MOVR-USD+0.0104%1h0.8850−0.068%$3K$282K5xas long as short
Gate MOVR_USDT+0.0117%8h0.8850−0.065%$288K$330K25xas long as short
BingX MOVR-USDT+0.0284%4h0.8856+0.003%$2.3Mas long as short
Variational Omni MOVR+0.0316%4h0.8824−0.364%$7K$11Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MOVRUSDT+0.0399%4h0.8860+0.048%$1.1M$306K20xas long as short
Kraken Futures PF_MOVRUSDlong+0.1883%1h0.8856long leg$19K$13K10x