MOVR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.92 per $10,000 · paid last 24h +0.010%

Price spread now: BingX against KuCoin+0.136%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$492as in the Funding arb table

Net, price: spread back to 7d avg − costs−$481as in the Price arb table

costs, in and out, $10k−$4934.925% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 4 days (all we have)−0.166%−$17 · spread now +0.136%, 7d avg +0.024%

Together, before fees−0.156%−$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BingX is 0.112% dearer against KuCoin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.024%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.010% in total (about 0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.92 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MOVRUSDTM	0.8844	0.0100	pay 0.0050% / 4h	2h 11m	$478K	$175K	30x
Short	BingX MOVR-USDT	0.8856	0.0284	get 0.0142% / 4h	2h 11m	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee BingXbpOrdersPrice spread, now +0.136%Rate

Funding earned: $38.64
Price spread: +0.136% → +0.024%: $11.18
Slippage, 4 orders: −$470.54
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$442.72
Costs to cover: 4.925%
Break-even: 87.2 days

Slippage from KuCoin: live order book, 47 min ago; BingX: live order book, 7 min ago.

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 KuCoin live order book, 47 min ago	11.30 bp	166.3 bp −$166	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	5.67 bp	27.4 bp −$27	87.8 bp −$878	558.4 bp −$55.8K	796.8 bp −$398.4K

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	+0.0098%	4h	0.8830	−0.158%	$123K	$12K	50x	as long as short
Aster MOVRUSDT	+0.0100%	4h	0.8837	−0.081%	$16K	$11K	5x	as long as short
Binance MOVRUSDT	+0.0100%	4h	0.8853	+0.106%	$2.6M	$3.7M	50x	as long as short
MEXC MOVR_USDT	+0.0100%	4h	0.8852	+0.090%	$2.5M	$295K	20x	as long as short
KuCoin MOVRUSDTMlong	+0.0100%	4h	0.8844	long leg	$478K	$175K	30x
Bitget MOVRUSDT	+0.0100%	4h	0.8846	+0.023%	$327K	$410K	5x	as long as short
Extended MOVR-USD	+0.0104%	1h	0.8851	+0.076%	$3K	$282K	5x	as long as short
Gate MOVR_USDT	+0.0117%	8h	0.8850	+0.068%	$288K	$330K	25x	as long as short
BingX MOVR-USDTshort	+0.0284%	4h	0.8856	+0.136%	—	$2.3M	—
Variational Omni MOVR	+0.0316%	4h	0.8824	−0.231%	$7K	$11K	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit MOVRUSDT	+0.0399%	4h	0.8860	+0.181%	$1.1M	$306K	20x	as long as short
Kraken Futures PF_MOVRUSD	+0.1883%	1h	0.8856	+0.136%	$19K	$13K	10x	as long as short