MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.008%

Price spread now: MEXC against BloFin−0.216%64s7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as 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−$510.514% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.111%+$11 · spread now −0.216%, 7d avg −0.023%

Together, before fees+0.112%+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.193% cheaper against BloFin than usual: you would sell low and buy high (spread −0.216% now, against its 7-day average of −0.023%). If the spread goes back, that is −$19 on $10k: about 2 months of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.001% in total) that is about years. The two prices were read 64 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	0.009271	0.0089	pay 0.0045% / 4h	50m 01s	$122K	$10K	75x
Short	MEXC MOVE_USDT	0.009251	0.0100	get 0.0050% / 4h	50m 01s	$3.7M	$209K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.216%Rate

Funding earned: $2.22
Price spread: −0.216% → −0.023%: −$19.32
Slippage, 4 orders: −$35.43
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$68.53
Costs to cover: 0.514%
Break-even: 223.0 days

Slippage from BloFin: live order book, 46 min ago; MEXC: live order book, 2 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, 46 min ago	2.14 bp	11.6 bp −$12	58.8 bp −$588	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.62 bp	12.2 bp −$12	71.0 bp −$710	311.8 bp −$31.2K	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
Injective MOVE/USDC PERP	+0.0033%	1h	0.008930	−3.678%	$722	$21K	12x	as long as short
BloFin MOVE-USDTlong	+0.0089%	4h	0.009271	long leg	$122K	$10K	75x
Hyperliquid MOVE	+0.0100%	1h	0.009246	−0.270%	$226K	$196K	3x	as long as short
Aster MOVEUSDT	+0.0100%	4h	0.009278	+0.072%	$11K	$10K	5x	as long as short
Binance MOVEUSDT	+0.0100%	4h	0.009250	−0.224%	$2.0M	$4.2M	25x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009248	−0.248%	$1.9M	$639K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009236	−0.378%	$977K	$986K	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009250	−0.227%	$414K	$263K	25x	as long as short
MEXC MOVE_USDTshort	+0.0100%	4h	0.009251	−0.216%	$3.7M	$209K	20x
KuCoin MOVEUSDTM	+0.0100%	4h	0.009270	−0.011%	$1.1M	$26K	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MOVEUSDT	+0.0100%	4h	0.009262	−0.097%	$820K	$419K	25x	as long as short
BingX MOVE-USDT	+0.0100%	4h	0.009260	−0.119%	—	$6.5M	—	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009263	−0.082%	$6K	$1K	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009254	−0.184%	$10K	$121K	5x	as long as short