MOVR

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0534%/8h= +58.5% APRnext payment +$2.67 per $10,000 · paid last 24h +0.054%

Price spread now: Bybit against MEXC+0.136%7-day average +0.175% · you sell dearer than you buy

Net, funding: paid 7d − costs−$202as in the Funding arb table

Net, price: spread back to 7d avg − costs−$211as in the Price arb table

costs, in and out, $10k−$2072.072% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.054%+$5 on $10k

Price spread, last 7 days−0.031%−$3 · spread now +0.136%, 7d avg +0.175%

Together, before fees+0.023%+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.040% cheaper against MEXC than usual: you would sell low and buy high (spread +0.136% now, against its 7-day average of +0.175%). If the spread goes back, that is −$4 on $10k: about 6 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.054% in total) that is about 5.1 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.054% in total (about 2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.67 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC MOVR_USDT	0.8848	0.0100	pay 0.0050% / 4h	2h 20m	$2.5M	$287K	20x
Short	Bybit MOVRUSDT	0.8860	0.0634	get 0.0317% / 4h	2h 20m	$1.0M	$302K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BybitbpOrdersPrice spread, now +0.136%Rate

Funding earned: $112.11
Price spread: +0.136% → +0.175%: −$3.96
Slippage, 4 orders: −$192.25
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$99.1
Costs to cover: 2.072%
Break-even: 13.2 days

Slippage from MEXC: live order book, 4 min ago; Bybit: live order book, 3 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, 4 min ago	1.13 bp	12.3 bp −$12	89.5 bp −$895	797.4 bp −$79.7K	doesn't fit
Sell Bybit live order book, 3 min ago	5.64 bp	69.3 bp −$69	doesn't fit	doesn't fit	doesn't fit

MOVR on 12 exchanges

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	0.8850	+0.027%	$16K	$11K	5x	as long as short
Binance MOVRUSDT	+0.0100%	4h	0.8848	−0.005%	$2.7M	$3.6M	50x	as long as short
MEXC MOVR_USDTlong	+0.0100%	4h	0.8848	long leg	$2.5M	$287K	20x
KuCoin MOVRUSDTM	+0.0100%	4h	0.8848	0.000%	$477K	$168K	30x	as long as short
Bitget MOVRUSDT	+0.0100%	4h	0.8840	−0.090%	$330K	$387K	5x	as long as short
Extended MOVR-USD	+0.0104%	1h	0.8846	−0.019%	$4K	$216K	5x	as long as short
BloFin MOVR-USDT	+0.0113%	4h	0.8847	−0.011%	$172K	$13K	50x	as long as short
Gate MOVR_USDT	+0.0379%	8h	0.8850	+0.023%	$273K	$316K	25x	as long as short
Variational Omni MOVR	+0.0380%	4h	0.8863	+0.172%	$7K	$11K	—	as long as short
BingX MOVR-USDT	+0.0622%	4h	0.8857	+0.102%	—	$2.3M	—	as long as short

Show all 12 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit MOVRUSDTshort	+0.0634%	4h	0.8860	+0.136%	$1.0M	$302K	20x
Kraken Futures PF_MOVRUSD	+0.2696%	1h	0.8856	+0.089%	$17K	$13K	10x	as long as short