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−0.0002%/8h= −0.2% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against MEXC−0.249%109s7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$700.703% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)+0.179%+$18 · spread now −0.249%, 7d avg +0.002%
Together, before fees+0.173%+$17 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: BloFin is 0.250% cheaper against MEXC than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.002%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC MOVR_USDT0.88520.0100pay 0.0050% / 4h2h 11m$2.5M$295K20x
ShortBloFin MOVR-USDT0.88300.0098get 0.0049% / 4h2h 11m$123K$12K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
−$0.38
Price spread: −0.249% → +0.002%
−$25.04
Slippage, 4 orders
−$54.27
Fee MEXC: 2 bp × 2 orders
−$4
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$95.69
Costs to cover
0.703%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 3 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 MEXC live order book, 5 min ago2.27 bp15.1 bp −$15102.5 bp −$1,025836.6 bp −$83.7Kdoesn't fit
Sell BloFin live order book, 3 min ago1.13 bp21.6 bp −$2266.8 bp −$668doesn'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-USDTshort+0.0098%4h0.8830−0.249%$123K$12K50x
Aster MOVRUSDT+0.0100%4h0.8837−0.171%$16K$11K5xas long as short
Binance MOVRUSDT+0.0100%4h0.8853+0.016%$2.6M$3.7M50xas long as short
MEXC MOVR_USDTlong+0.0100%4h0.8852long leg$2.5M$295K20x
KuCoin MOVRUSDTM+0.0100%4h0.8844−0.090%$478K$175K30xas long as short
Bitget MOVRUSDT+0.0100%4h0.8846−0.068%$327K$410K5xas long as short
Extended MOVR-USD+0.0104%1h0.8851−0.015%$3K$282K5xas long as short
Gate MOVR_USDT+0.0117%8h0.8850−0.023%$288K$330K25xas long as short
BingX MOVR-USDT+0.0284%4h0.8856+0.045%$2.3Mas long as short
Variational Omni MOVR+0.0316%4h0.8824−0.321%$7K$11Kas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MOVRUSDT+0.0399%4h0.8860+0.090%$1.1M$306K20xas long as short
Kraken Futures PF_MOVRUSD+0.1883%1h0.8856+0.045%$19K$13K10xas long as short