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

MOVR

all MOVR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.9% APRpaid last 24h +0.178%
Price spread now: Gate against KuCoin+0.068%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$473as in the Funding arb table
Net, price: spread back to 7d avg − costs−$519as in the Price arb table
costs, in and out, $10k−$5225.219% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.485%+$48 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now +0.068%, 7d avg +0.038%
Together, before fees+0.438%+$44 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.030% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin MOVRUSDTM0.88440.0100pay 0.0050% / 4h2h 11m$478K$175K30x
ShortGate MOVR_USDT0.88500.0117get 0.0117% / 8h2h 11m$288K$330K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$3.57
Price spread: +0.068% → +0.038%
$3.03
Slippage, 4 orders
−$494.88
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$515.27
Costs to cover
5.219%
Break-even
1017.3 days
Slippage from KuCoin: live order book, 47 min ago; Gate: live order book, 33 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 Gate live order book, 33 min ago5.64 bp37.8 bp −$38doesn'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%4h0.8837−0.085%$16K$11K5xas long as short
Binance MOVRUSDT+0.0100%4h0.8853+0.102%$2.6M$3.7M50xas long as short
MEXC MOVR_USDT+0.0100%4h0.8853+0.102%$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-USD+0.0104%1h0.8851+0.076%$3K$282K5xas long as short
Gate MOVR_USDTshort+0.0117%8h0.8850+0.068%$288K$330K25x
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