MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0045%/8h= +4.9% APRnext payment +$0.23 per $10,000 · paid last 24h −0.063%

Price spread now: OKX against BloFin+0.319%53s7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$90as 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−$1011.013% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.113%+$11 on $10k

Price spread, last 3 days (all we have)−0.289%−$29 · spread now +0.319%, 7d avg +0.019%

Together, before fees−0.176%−$18 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 OKX is 0.301% dearer against BloFin than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.019%. The two prices were read 53 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	0.009404	0.0055	pay 0.0027% / 4h	54m 22s	$121K	$12K	75x
Short	OKX MOVE-USDT-SWAP	0.009434	0.0100	get 0.0050% / 4h	54m 22s	$995K	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.319%Rate

Funding earned: $9.48
Price spread: +0.319% → +0.019%: $30.05
Slippage, 4 orders: −$79.31
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$61.77
Costs to cover: 1.013%
Break-even: 52.6 days

Slippage from BloFin: live order book, 6 min ago; OKX: 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, 6 min ago	0.53 bp	15.8 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	2.65 bp	33.9 bp −$34	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
Injective MOVE/USDC PERP	+0.0033%	1h	0.008930	−5.040%	$722	$21K	12x	as long as short
BloFin MOVE-USDTlong	+0.0055%	4h	0.009404	long leg	$121K	$12K	75x
Hyperliquid MOVE	+0.0100%	1h	0.009425	+0.223%	$232K	$205K	3x	as long as short
Aster MOVEUSDT	+0.0100%	4h	0.009475	+0.759%	$12K	$10K	5x	as long as short
Binance MOVEUSDT	+0.0100%	4h	0.009423	+0.202%	$2.0M	$4.1M	25x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009428	+0.255%	$2.0M	$654K	25x	as long as short
OKX MOVE-USDT-SWAPshort	+0.0100%	4h	0.009434	+0.319%	$995K	$1.0M	20x
Gate MOVE_USDT	+0.0100%	8h	0.009420	+0.170%	$427K	$340K	25x	as long as short
MEXC MOVE_USDT	+0.0100%	4h	0.009424	+0.213%	$3.8M	$209K	20x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009430	+0.276%	$1.2M	$33K	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	0.009425	+0.223%	$851K	$408K	25x	as long as short
BingX MOVE-USDT	+0.0100%	4h	0.009436	+0.340%	—	$6.5M	—	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009389	−0.163%	$6K	$2K	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009421	+0.182%	$10K	$143K	5x	as long as short