MOVR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0412%/8h= +45.1% APRnext payment +$2.06 per $10,000 · paid last 24h +0.033%

Price spread now: BingX against MEXC+0.034%7-day average +0.087% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$800.796% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 7 days+0.004%$0 · spread now +0.034%, 7d avg +0.087%

Together, before fees+0.037%+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.053% cheaper against MEXC than usual: you would sell low and buy high (spread +0.034% now, against its 7-day average of +0.087%). If the spread goes back, that is −$5 on $10k: about 10 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.033% in total) that is about 11 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.033% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.06 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	MEXC MOVR_USDT	0.8877	0.0100	pay 0.0050% / 4h	1h 31m	$2.5M	$286K	20x
Short	BingX MOVR-USDT	0.8880	0.0512	get 0.0256% / 4h	1h 31m	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now +0.034%Rate

Funding earned: $86.52
Price spread: +0.034% → +0.087%: −$5.31
Slippage, 4 orders: −$65.61
Fee MEXC: 2 bp × 2 orders: −$4
Fee BingX: 5 bp × 2 orders: −$10
Net: $1.6
Costs to cover: 0.796%
Break-even: 6.9 days

Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 6 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 MEXC live order book, 5 min ago	0.56 bp	13.1 bp −$13	100.9 bp −$1,009	864.1 bp −$86.4K	doesn't fit
Sell BingX live order book, 6 min ago	7.86 bp	27.7 bp −$28	75.9 bp −$759	585.8 bp −$58.6K	843.5 bp −$421.8K

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
Aster MOVRUSDT	+0.0100%	4h	0.8870	−0.084%	$17K	$11K	5x	as long as short
Binance MOVRUSDT	+0.0100%	4h	0.8879	+0.019%	$2.7M	$3.7M	50x	as long as short
Gate MOVR_USDT	+0.0100%	8h	0.8880	+0.034%	$289K	$324K	25x	as long as short
MEXC MOVR_USDTlong	+0.0100%	4h	0.8877	long leg	$2.5M	$286K	20x
KuCoin MOVRUSDTM	+0.0100%	4h	0.8870	−0.079%	$476K	$174K	30x	as long as short
Bitget MOVRUSDT	+0.0100%	4h	0.8882	+0.056%	$331K	$403K	5x	as long as short
Extended MOVR-USD	+0.0104%	1h	0.8877	−0.005%	$2K	$217K	5x	as long as short
BloFin MOVR-USDT	+0.0118%	4h	0.8878	+0.011%	$171K	$12K	50x	as long as short
Variational Omni MOVR	+0.0434%	4h	0.8893	+0.185%	$7K	$11K	—	as long as short
Bybit MOVRUSDT	+0.0498%	4h	0.8888	+0.124%	$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-USDTshort	+0.0512%	4h	0.8880	+0.034%	—	$2.3M	—
Kraken Futures PF_MOVRUSD	+0.1766%	1h	0.8882	+0.052%	$19K	$13K	10x	as long as short