Funding arb · Price arb /

MOVR

all MOVR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.023%

Price spread now: Bitget against KuCoin+0.136%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$590as in the Funding arb table

Net, price: spread back to 7d avg − costs−$574as in the Price arb table

costs, in and out, $10k−$5885.880% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.023%−$2 on $10k

Price spread, last 4 days (all we have)−0.258%−$26 · spread now +0.136%, 7d avg −0.002%

Together, before fees−0.281%−$28 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.138% dearer against KuCoin than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MOVRUSDTM	0.8855	0.0100	pay 0.0050% / 4h	3h 48m	$481K	$174K	30x
Short	Bitget MOVRUSDT	0.8867	0.0100	get 0.0050% / 4h	3h 48m	$334K	$391K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.136%Rate

Funding earned: $0
Price spread: +0.136% → −0.002%: $13.8
Slippage, 4 orders: −$564.02
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$574.22
Costs to cover: 5.880%
Break-even: never at this rate

Slippage from KuCoin: live order book, 45 min ago; Bitget: live order book, 42 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, 45 min ago	11.29 bp	235.5 bp −$235	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 42 min ago	9.05 bp	23.6 bp −$24	124.0 bp −$1,240	doesn't fit	doesn't fit

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	+0.0077%	4h	0.8862	+0.079%	$173K	$12K	50x	as long as short
Aster MOVRUSDT	+0.0100%	4h	0.8843	−0.130%	$16K	$11K	5x	as long as short
Binance MOVRUSDT	+0.0100%	4h	0.8861	+0.072%	$2.7M	$3.7M	50x	as long as short
Gate MOVR_USDT	+0.0100%	8h	0.8860	+0.056%	$281K	$311K	25x	as long as short
MEXC MOVR_USDT	+0.0100%	4h	0.8862	+0.079%	$2.5M	$285K	20x	as long as short
KuCoin MOVRUSDTMlong	+0.0100%	4h	0.8855	long leg	$481K	$174K	30x
Bitget MOVRUSDTshort	+0.0100%	4h	0.8867	+0.136%	$334K	$391K	5x
Extended MOVR-USD	+0.0104%	1h	0.8853	−0.022%	$4K	$219K	5x	as long as short
Variational Omni MOVR	+0.0212%	4h	0.8914	+0.661%	$7K	$11K	—	as long as short
Bybit MOVRUSDT	+0.0286%	4h	0.8859	+0.045%	$1.1M	$307K	20x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MOVR-USDT	+0.0856%	4h	0.8867	+0.136%	—	$2.3M	—	as long as short
Kraken Futures PF_MOVRUSD	+0.1965%	1h	0.8866	+0.120%	$18K	$11K	10x	as long as short