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

MOVE

all MOVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0038%/8h= −4.2% APRnext payment $0.19 per $10,000 · paid last 24h +0.013%
Price spread now: Binance against BloFin+0.022%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$620.622% 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 3 days (all we have)−0.405%−$41 · spread now +0.022%, 7d avg −0.030%
Together, before fees−0.400%−$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.052% dearer against BloFin than usual: you sell high and buy low (spread +0.022% now, against its 7-day average of −0.030%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MOVE-USDT0.0093530.0138pay 0.0069% / 4h2h 55m$122K$12K75x
ShortBinance MOVEUSDT0.0093550.0100get 0.0050% / 4h2h 55m$2.0M$4.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
−$7.98
Price spread: +0.022% → −0.030%
$5.16
Slippage, 4 orders
−$40.21
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$65.03
Costs to cover
0.622%
Break-even
never at this rate
Slippage from BloFin: live order book, 25 min ago; Binance: live order book, 12 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 BloFin live order book, 25 min ago1.61 bp13.8 bp −$1441.0 bp −$410doesn't fitdoesn't fit
Sell Binance live order book, 12 min ago2.67 bp17.2 bp −$1798.6 bp −$986doesn'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
Bybit MOVEUSDT−0.0905%4h0.009350−0.032%$1.9M$672K25xas long as short
Injective MOVE/USDC PERP+0.0033%1h0.008930−4.523%$722$21K12xas long as short
Hyperliquid MOVE+0.0100%1h0.009355+0.021%$230K$218K3xas long as short
Aster MOVEUSDT+0.0100%4h0.009358+0.055%$11K$12K5xas long as short
Binance MOVEUSDTshort+0.0100%4h0.009355+0.022%$2.0M$4.1M25x
OKX MOVE-USDT-SWAP+0.0100%4h0.009345−0.086%$985K$1.0M20xas long as short
Gate MOVE_USDT+0.0100%8h0.009350−0.032%$422K$335K25xas long as short
MEXC MOVE_USDT+0.0100%4h0.009356+0.032%$3.8M$227K20xas long as short
KuCoin MOVEUSDTM+0.0100%4h0.009330−0.246%$1.1M$40K25xas long as short
Bitget MOVEUSDT+0.0100%4h0.009359+0.064%$858K$422K25xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MOVE+0.0100%4h0.009325−0.300%$6K$2Kas long as short
Extended MOVE-USD+0.0104%1h0.009354+0.010%$10K$143K5xas long as short
BloFin MOVE-USDTlong+0.0138%4h0.009353long leg$122K$12K75x
BingX MOVE-USDT+0.0142%4h0.009357+0.043%$6.5Mas long as short