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

MOVR

all MOVR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.1723%/8h= −188.7% APRpaid last 24h −0.310%
Price spread now: Variational Omni against Kraken Futures+0.189%7-day average · you sell dearer than you buy
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 fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.189% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.189% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$52 a day in funding at the current rate, which eats that in about 9 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_MOVRUSD0.88570.1967pay 0.0246% / 1h44m 43s$18K$11K10x
ShortVariational Omni MOVR0.88740.0244get 0.0122% / 4h3h 44m$7K$11K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$361.82
Price spread: +0.189% → 0.000%
$18.9
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$352.93
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Kraken Futures: no order-book sample; Variational Omni: no order-book sample. 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 Variational Omni no order-book sample
Kraken Futures and Variational Omni: 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
BloFin MOVR-USDT+0.0059%4h0.8849−0.088%$173K$12K50xas long as short
Aster MOVRUSDT+0.0100%4h0.8859+0.029%$16K$11K5xas long as short
Binance MOVRUSDT+0.0100%4h0.8853−0.043%$2.7M$3.7M50xas long as short
Gate MOVR_USDT+0.0100%8h0.8850−0.077%$281K$311K25xas long as short
MEXC MOVR_USDT+0.0100%4h0.8851−0.065%$2.5M$285K20xas long as short
KuCoin MOVRUSDTM+0.0100%4h0.8852−0.054%$481K$173K30xas long as short
Bitget MOVRUSDT+0.0100%4h0.8853−0.043%$333K$391K5xas long as short
BingX MOVR-USDT+0.0100%4h0.8867+0.115%$2.3Mas long as short
Extended MOVR-USD+0.0104%1h0.8851−0.070%$4K$219K5xas long as short
Variational Omni MOVRshort+0.0244%4h0.8874+0.189%$7K$11K
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MOVRUSDT+0.0301%4h0.8868+0.126%$1.1M$307K20xas long as short
Kraken Futures PF_MOVRUSDlong+0.1967%1h0.8857long leg$18K$11K10x