MOVR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0400%/8h= +43.8% APRnext payment +$2.00 per $10,000 · paid last 24h −0.005%

Price spread now: Bybit against KuCoin+0.145%7-day average +0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$599as in the Funding arb table

Net, price: spread back to 7d avg − costs−$591as in the Price arb table

costs, in and out, $10k−$5985.983% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 4 days (all we have)−0.152%−$15 · spread now +0.145%, 7d avg +0.073%

Together, before fees−0.157%−$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Bybit is 0.072% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.073%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.005% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.00 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	0.8940	0.0100	pay 0.0050% / 4h	5m 55s	$487K	$178K	30x
Short	Bybit MOVRUSDT	0.8953	0.0500	get 0.0250% / 4h	5m 55s	$1.1M	$260K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.145%Rate

Funding earned: $83.93
Price spread: +0.145% → +0.073%: $7.22
Slippage, 4 orders: −$575.3
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$507.14
Costs to cover: 5.983%
Break-even: 49.3 days

Slippage from KuCoin: live order book, 7 min ago; Bybit: live order book, 5 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, 7 min ago	5.58 bp	179.8 bp −$180	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	11.15 bp	49.0 bp −$49	doesn't fit	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	+0.0093%	4h	0.8968	+0.313%	$176K	$12K	50x	as long as short
Aster MOVRUSDT	+0.0100%	4h	0.8942	+0.020%	$17K	$11K	5x	as long as short
Binance MOVRUSDT	+0.0100%	4h	0.8942	+0.023%	$2.7M	$3.6M	50x	as long as short
MEXC MOVR_USDT	+0.0100%	4h	0.8940	0.000%	$2.5M	$294K	20x	as long as short
KuCoin MOVRUSDTMlong	+0.0100%	4h	0.8940	long leg	$487K	$178K	30x
Bitget MOVRUSDT	+0.0100%	4h	0.8946	+0.067%	$333K	$383K	5x	as long as short
Extended MOVR-USD	+0.0104%	1h	0.8936	−0.039%	$5K	$190K	5x	as long as short
Gate MOVR_USDT	+0.0186%	8h	0.8950	+0.112%	$301K	$319K	25x	as long as short
Variational Omni MOVR	+0.0258%	4h	0.8953	+0.150%	$7K	$11K	—	as long as short
Bybit MOVRUSDTshort	+0.0500%	4h	0.8953	+0.145%	$1.1M	$260K	20x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MOVR-USDT	+0.0500%	4h	0.8951	+0.123%	—	$2.3M	—	as long as short
Kraken Futures PF_MOVRUSD	+0.0841%	1h	0.8929	−0.127%	$19K	$18K	10x	as long as short