Funding you earn now, next payment 09:00 UTC−0.1142%/8h= −125.1% APRpaid last 24h −0.274%
Price spread now: Bybit against Kraken Futures+0.164%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. Bybit is 0.164% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.164% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$34 a day in funding at the current rate, which eats that in about 11 hours. 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 | 0.8903 | 0.1956 | pay 0.0245% / 1h | 2m 24s | $18K | $12K | 10x |
| Short | Bybit MOVRUSDT | 0.8918 | 0.0814 | get 0.0407% / 4h | 3h 02m | $1.1M | $317K | 20x |
Kraken Futures PF_MOVRUSD
Bybit MOVRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$239.87
- Price spread: +0.164% → 0.000%
- $16.39
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$244.48
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 5.61 bp | 63.8 bp −$64 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin MOVR-USDT | +0.0058% | 4h | 0.8897 | −0.072% | $173K | $13K | 50x | as long as short |
| Aster MOVRUSDT | +0.0100% | 4h | 0.8897 | −0.071% | $17K | $11K | 5x | as long as short |
| Binance MOVRUSDT | +0.0100% | 4h | 0.8899 | −0.050% | $2.7M | $3.7M | 50x | as long as short |
| MEXC MOVR_USDT | +0.0100% | 4h | 0.8901 | −0.027% | $2.5M | $292K | 20x | as long as short |
| KuCoin MOVRUSDTM | +0.0100% | 4h | 0.8900 | −0.038% | $481K | $173K | 30x | as long as short |
| Bitget MOVRUSDT | +0.0100% | 4h | 0.8902 | −0.016% | $333K | $393K | 5x | as long as short |
| Extended MOVR-USD | +0.0104% | 1h | 0.8900 | −0.042% | $2K | $214K | 5x | as long as short |
| Variational Omni MOVR | +0.0271% | 4h | 0.8914 | +0.114% | $7K | $11K | — | as long as short |
| BingX MOVR-USDT | +0.0726% | 4h | 0.8902 | −0.016% | — | $2.3M | — | as long as short |
| Bybit MOVRUSDTshort | +0.0814% | 4h | 0.8918 | +0.164% | $1.1M | $317K | 20x |
BloFin MOVR-USDT
Aster MOVRUSDT
Binance MOVRUSDT
MEXC MOVR_USDT
KuCoin MOVRUSDTM
Bitget MOVRUSDT
Extended MOVR-USD
Variational Omni MOVR
BingX MOVR-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MOVR_USDT | +0.0836% | 8h | 0.8910 | +0.074% | $280K | $322K | 25x | as long as short |
| Kraken Futures PF_MOVRUSDlong | +0.1956% | 1h | 0.8903 | long leg | $18K | $12K | 10x |
Gate MOVR_USDT