MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.22 per $10,000 · paid last 24h −0.063%

Price spread now: KuCoin against BloFin+0.159%50s7-day average −0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$705as 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−$7037.033% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 3 days (all we have)−0.329%−$33 · spread now +0.159%, 7d avg −0.023%

Together, before fees−0.343%−$34 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.182% dearer against BloFin than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.023%. The two prices were read 50 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	0.009425	0.0055	pay 0.0028% / 4h	3h 58m	$120K	$11K	75x
Short	KuCoin MOVEUSDTM	0.009440	0.0100	get 0.0050% / 4h	3h 58m	$1.2M	$30K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.159%Rate

Funding earned: $9.41
Price spread: +0.159% → −0.023%: $18.18
Slippage, 4 orders: −$679.34
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$675.75
Costs to cover: 7.033%
Break-even: 509.6 days

Slippage from BloFin: live order book, 62 min ago; KuCoin: live order book, 6 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, 62 min ago	0.53 bp	15.8 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	15.93 bp	270.6 bp −$271	doesn't fit	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	−0.4288%	4h	0.009446	+0.223%	$2.0M	$665K	25x	as long as short
Injective MOVE/USDC PERP	+0.0033%	1h	0.008930	−5.252%	$722	$21K	12x	as long as short
BloFin MOVE-USDTlong	+0.0055%	4h	0.009425	long leg	$120K	$11K	75x
Hyperliquid MOVE	+0.0100%	1h	0.009425	0.000%	$235K	$208K	3x	as long as short
Aster MOVEUSDT	+0.0100%	4h	0.009481	+0.597%	$12K	$10K	5x	as long as short
Binance MOVEUSDT	+0.0100%	4h	0.009420	−0.051%	$2.1M	$4.2M	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009420	−0.053%	$995K	$1.0M	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009440	+0.159%	$427K	$326K	25x	as long as short
MEXC MOVE_USDT	+0.0100%	4h	0.009420	−0.053%	$3.8M	$211K	20x	as long as short
KuCoin MOVEUSDTMshort	+0.0100%	4h	0.009440	+0.159%	$1.2M	$30K	25x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MOVEUSDT	+0.0100%	4h	0.009435	+0.106%	$852K	$412K	25x	as long as short
BingX MOVE-USDT	+0.0100%	4h	0.009444	+0.202%	—	$6.5M	—	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009434	+0.093%	$6K	$1K	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009417	−0.084%	$10K	$140K	5x	as long as short