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

MOVE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.16 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against BingX−0.011%96s7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$770.772% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.235%−$23 on $10k
Price spread, last 4 days (all we have)+0.161%+$16 · spread now −0.011%, 7d avg −0.010%
Together, before fees−0.074%−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.010%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.235%, so the current rate has only just turned in your favour. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MOVE-USDT0.0093330.0100pay 0.0050% / 4h1h 43m$6.5M
ShortBloFin MOVE-USDT0.0093320.0132get 0.0066% / 4h1h 43m$122K$10K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
$6.79
Price spread: −0.011% → −0.010%
−$0.11
Slippage, 4 orders
−$55.19
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$70.51
Costs to cover
0.772%
Break-even
79.7 days
Slippage from BingX: live order book, 7 min ago; BloFin: live order book, 67 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 BingX live order book, 7 min ago5.36 bp18.7 bp −$19135.9 bp −$1,359627.1 bp −$62.7K1016.4 bp −$508.2K
Sell BloFin live order book, 67 min ago3.74 bp23.3 bp −$23doesn't fitdoesn't fitdoesn't fit

MOVE on 14 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
Injective MOVE/USDC PERP+0.0033%1h0.008930−4.318%$722$21K12xas long as short
Hyperliquid MOVE+0.0100%1h0.009345+0.129%$228K$200K3xas long as short
Aster MOVEUSDT+0.0100%4h0.009324−0.094%$12K$10K5xas long as short
Binance MOVEUSDT+0.0100%4h0.009344+0.120%$2.0M$4.2M25xas long as short
Bybit MOVEUSDT+0.0100%4h0.009340+0.075%$1.9M$645K25xas long as short
OKX MOVE-USDT-SWAP+0.0100%4h0.009350+0.182%$983K$1.0M20xas long as short
Gate MOVE_USDT+0.0100%8h0.009330−0.032%$418K$275K25xas long as short
MEXC MOVE_USDT+0.0100%4h0.009342+0.096%$3.8M$211K20xas long as short
KuCoin MOVEUSDTM+0.0100%4h0.009330−0.032%$1.1M$26K25xas long as short
Bitget MOVEUSDT+0.0100%4h0.009330−0.032%$828K$420K25xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MOVE-USDTlong+0.0100%4h0.009333long leg$6.5M
Variational Omni MOVE+0.0100%4h0.009318−0.157%$6K$1Kas long as short
Extended MOVE-USD+0.0104%1h0.009334+0.012%$10K$125K5xas long as short
BloFin MOVE-USDTshort+0.0132%4h0.009332−0.011%$122K$10K75x