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 −0.005%

Price spread now: BingX against BloFin+0.160%81s7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as 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−$820.816% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.235%+$23 on $10k

Price spread, last 3 days (all we have)−0.190%−$19 · spread now +0.160%, 7d avg +0.009%

Together, before fees+0.045%+$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.151% dearer against BloFin than usual: you sell high and buy low (spread +0.160% now, against its 7-day average of +0.009%): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. Mind the row above: over the last 7 days funding on this pair paid +0.235%, so the current rate has only just turned against you. The two prices were read 81 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	BloFin MOVE-USDT	0.009374	0.0141	pay 0.0070% / 4h	3h 41m	$121K	$11K	75x
Short	BingX MOVE-USDT	0.009389	0.0100	get 0.0050% / 4h	3h 41m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee BloFinbpFee BingXbpOrdersPrice spread, now +0.160%Rate

Funding earned: −$8.52
Price spread: +0.160% → +0.009%: $15.11
Slippage, 4 orders: −$59.64
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$75.04
Costs to cover: 0.816%
Break-even: never at this rate

Slippage from BloFin: live order book, 14 min ago; BingX: live order book, 4 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, 14 min ago	4.78 bp	22.1 bp −$22	75.1 bp −$751	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	4.27 bp	23.7 bp −$24	89.4 bp −$894	580.2 bp −$58.0K	925.5 bp −$462.7K

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	−4.737%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009389	+0.160%	$231K	$206K	3x	as long as short
Binance MOVEUSDT	+0.0100%	4h	0.009391	+0.181%	$2.0M	$4.2M	25x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009392	+0.192%	$1.9M	$664K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009385	+0.117%	$990K	$1.0M	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009390	+0.171%	$424K	$328K	25x	as long as short
MEXC MOVE_USDT	+0.0100%	4h	0.009393	+0.203%	$3.8M	$212K	20x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009380	+0.064%	$1.2M	$27K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009394	+0.213%	$831K	$430K	25x	as long as short
BingX MOVE-USDTshort	+0.0100%	4h	0.009389	+0.160%	—	$6.5M	—

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	−0.005%	$6K	$1K	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009390	+0.169%	$12K	$144K	5x	as long as short
BloFin MOVE-USDTlong	+0.0141%	4h	0.009374	long leg	$121K	$11K	75x
Aster MOVEUSDT	+0.0310%	4h	0.009395	+0.228%	$12K	$10K	5x	as long as short