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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MOVE-USDT | 0.009353 | 0.0138 | pay 0.0069% / 4h | 2h 55m | $122K | $12K | 75x |
| Short | Binance MOVEUSDT | 0.009355 | 0.0100 | get 0.0050% / 4h | 2h 55m | $2.0M | $4.1M | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 25 min ago | 1.61 bp | 13.8 bp −$14 | 41.0 bp −$410 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 2.67 bp | 17.2 bp −$17 | 98.6 bp −$986 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MOVEUSDT | −0.0905% | 4h | 0.009350 | −0.032% | $1.9M | $672K | 25x | as long as short |
| Injective MOVE/USDC PERP | +0.0033% | 1h | 0.008930 | −4.523% | $722 | $21K | 12x | as long as short |
| Hyperliquid MOVE | +0.0100% | 1h | 0.009355 | +0.021% | $230K | $218K | 3x | as long as short |
| Aster MOVEUSDT | +0.0100% | 4h | 0.009358 | +0.055% | $11K | $12K | 5x | as long as short |
| Binance MOVEUSDTshort | +0.0100% | 4h | 0.009355 | +0.022% | $2.0M | $4.1M | 25x | |
| OKX MOVE-USDT-SWAP | +0.0100% | 4h | 0.009345 | −0.086% | $985K | $1.0M | 20x | as long as short |
| Gate MOVE_USDT | +0.0100% | 8h | 0.009350 | −0.032% | $422K | $335K | 25x | as long as short |
| MEXC MOVE_USDT | +0.0100% | 4h | 0.009356 | +0.032% | $3.8M | $227K | 20x | as long as short |
| KuCoin MOVEUSDTM | +0.0100% | 4h | 0.009330 | −0.246% | $1.1M | $40K | 25x | as long as short |
| Bitget MOVEUSDT | +0.0100% | 4h | 0.009359 | +0.064% | $858K | $422K | 25x | 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 | 0.009325 | −0.300% | $6K | $2K | — | as long as short |
| Extended MOVE-USD | +0.0104% | 1h | 0.009354 | +0.010% | $10K | $143K | 5x | as long as short |
| BloFin MOVE-USDTlong | +0.0138% | 4h | 0.009353 | long leg | $122K | $12K | 75x | |
| BingX MOVE-USDT | +0.0142% | 4h | 0.009357 | +0.043% | — | $6.5M | — | as long as short |
BloFin MOVE-USDT
Binance MOVEUSDT
Bybit MOVEUSDT
Injective MOVE/USDC PERP
Hyperliquid MOVE
Aster MOVEUSDT
OKX MOVE-USDT-SWAP
Gate MOVE_USDT
MEXC MOVE_USDT
KuCoin MOVEUSDTM
Bitget MOVEUSDT
Variational Omni MOVE
Extended MOVE-USD
BingX MOVE-USDT