MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0041%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h −0.012%

Price spread now: BloFin against Binance−0.192%71s7-day average +0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

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

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 3 days (all we have)+0.262%+$26 · spread now −0.192%, 7d avg +0.028%

Together, before fees+0.257%+$26 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.220% cheaper against Binance than usual: you would sell low and buy high (spread −0.192% now, against its 7-day average of +0.028%). If the spread goes back, that is −$22 on $10k: about 18 days of funding at the current rate (+$1 a day). The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MOVEUSDT	0.009392	0.0100	pay 0.0050% / 4h	3h 41m	$2.0M	$4.2M	25x
Short	BloFin MOVE-USDT	0.009374	0.0141	get 0.0070% / 4h	3h 41m	$121K	$11K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now −0.192%Rate

Funding earned: $8.52
Price spread: −0.192% → +0.028%: −$21.99
Slippage, 4 orders: −$57.57
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$93.05
Costs to cover: 0.796%
Break-even: 83.5 days

Slippage from Binance: live order book, 10 min ago; BloFin: live order book, 13 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 Binance live order book, 10 min ago	1.07 bp	18.9 bp −$19	113.6 bp −$1,136	doesn't fit	doesn't fit
Sell BloFin live order book, 13 min ago	4.78 bp	17.1 bp −$17	48.0 bp −$480	doesn't fit	doesn't fit

MOVE on 14 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
Injective MOVE/USDC PERP	+0.0033%	1h	0.008930	−4.919%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009390	−0.021%	$231K	$206K	3x	as long as short
Binance MOVEUSDTlong	+0.0100%	4h	0.009392	long leg	$2.0M	$4.2M	25x
Bybit MOVEUSDT	+0.0100%	4h	0.009392	0.000%	$1.9M	$664K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009392	0.000%	$990K	$1.0M	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009390	−0.021%	$424K	$328K	25x	as long as short
MEXC MOVE_USDT	+0.0100%	4h	0.009393	+0.011%	$3.8M	$212K	20x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009380	−0.128%	$1.2M	$27K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009394	+0.021%	$831K	$430K	25x	as long as short
BingX MOVE-USDT	+0.0100%	4h	0.009389	−0.032%	—	$6.5M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MOVE	+0.0100%	4h	0.009374	−0.196%	$6K	$1K	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009390	−0.023%	$12K	$144K	5x	as long as short
BloFin MOVE-USDTshort	+0.0141%	4h	0.009374	−0.192%	$121K	$11K	75x
Aster MOVEUSDT	+0.0281%	4h	0.009395	+0.036%	$12K	$10K	5x	as long as short