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

MOVR

all MOVR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.022%
Price spread now: Extended against KuCoin+0.076%7-day average −0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$562as in the Funding arb table
Net, price: spread back to 7d avg − costs−$544as in the Price arb table
costs, in and out, $10k−$5605.602% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 4 days (all we have)−0.274%−$27 · spread now +0.076%, 7d avg −0.090%
Together, before fees−0.292%+ Points / potential airdropExtended: Active · farm board−$29 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: Extended is 0.166% dearer against KuCoin than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.090%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MOVRUSDTM0.88440.0100pay 0.0050% / 4h2h 11m$478K$175K30x
ShortExtended MOVR-USD0.88510.0104get 0.0013% / 1h11m 29s$3K$282K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
$0.84
Price spread: +0.076% → −0.090%
$16.57
Slippage, 4 orders
−$543.16
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$542.75
Costs to cover
5.602%
Break-even
4529.9 days
Slippage from KuCoin: live order book, 47 min ago; Extended: live order book, 36 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 47 min ago11.30 bp166.3 bp −$166doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 36 min ago5.64 bp46.6 bp −$47doesn't fitdoesn't fitdoesn't fit

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+0.0098%4h0.8830−0.158%$123K$12K50xas long as short
Aster MOVRUSDT+0.0100%4h0.8837−0.081%$16K$11K5xas long as short
Binance MOVRUSDT+0.0100%4h0.8853+0.106%$2.6M$3.7M50xas long as short
MEXC MOVR_USDT+0.0100%4h0.8852+0.090%$2.5M$295K20xas long as short
KuCoin MOVRUSDTMlong+0.0100%4h0.8844long leg$478K$175K30x
Bitget MOVRUSDT+0.0100%4h0.8846+0.023%$327K$410K5xas long as short
Extended MOVR-USDshort+0.0104%1h0.8851+0.076%$3K$282K5x
Gate MOVR_USDT+0.0117%8h0.8850+0.068%$288K$330K25xas long as short
BingX MOVR-USDT+0.0284%4h0.8856+0.136%$2.3Mas long as short
Variational Omni MOVR+0.0316%4h0.8824−0.231%$7K$11Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MOVRUSDT+0.0399%4h0.8860+0.181%$1.1M$306K20xas long as short
Kraken Futures PF_MOVRUSD+0.1883%1h0.8856+0.136%$19K$13K10xas long as short