Funding you earn now, next payment 08:00 UTC+0.0136%/8h= +14.9% APRnext payment +$0.68 per $10,000 · paid last 24h +0.074%
Price spread now: Binance against Bybit−0.027%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1261.258% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now −0.027%, 7d avg −0.056%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.029% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MOVEUSDT | 0.009227 | 0.0100 | pay 0.0050% / 4h | 2h 43m | $1.9M | $636K | 25x |
| Short | Binance MOVEUSDT | 0.009225 | 0.0236 | get 0.0118% / 4h | 2h 43m | $2.0M | $4.3M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $28.55
- Price spread: −0.027% → −0.056%
- $2.93
- Slippage, 4 orders
- −$104.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$94.32
- Costs to cover
- 1.258%
- Break-even
- 30.1 days
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 9 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 Bybit live order book, 3 min ago | 5.41 bp | 44.6 bp −$45 | 169.0 bp −$1,690 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 3.24 bp | 17.2 bp −$17 | 88.4 bp −$884 | 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 | −3.219% | $722 | $21K | 12x | as long as short |
| Hyperliquid MOVE | +0.0100% | 1h | 0.009228 | +0.011% | $230K | $198K | 3x | as long as short |
| Bybit MOVEUSDTlong | +0.0100% | 4h | 0.009227 | long leg | $1.9M | $636K | 25x | |
| OKX MOVE-USDT-SWAP | +0.0100% | 4h | 0.009223 | −0.043% | $978K | $940K | 20x | as long as short |
| Gate MOVE_USDT | +0.0100% | 8h | 0.009240 | +0.141% | $410K | $264K | 25x | as long as short |
| KuCoin MOVEUSDTM | +0.0100% | 4h | 0.009240 | +0.141% | $1.1M | $27K | 25x | as long as short |
| Bitget MOVEUSDT | +0.0100% | 4h | 0.009226 | −0.011% | $819K | $400K | 25x | as long as short |
| Variational Omni MOVE | +0.0100% | 4h | 0.009233 | +0.069% | $6K | $1K | — | as long as short |
| BloFin MOVE-USDT | +0.0193% | 4h | 0.009230 | +0.033% | $118K | $10K | 75x | as long as short |
| Extended MOVE-USD | +0.0232% | 1h | 0.009224 | −0.031% | $10K | $163K | 5x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MOVEUSDTshort | +0.0236% | 4h | 0.009225 | −0.027% | $2.0M | $4.3M | 25x | |
| MEXC MOVE_USDT | +0.0292% | 4h | 0.009226 | −0.011% | $3.7M | $214K | 20x | as long as short |
| Aster MOVEUSDT | +0.0306% | 4h | 0.009230 | +0.034% | $10K | $11K | 5x | as long as short |
| BingX MOVE-USDT | +0.0392% | 4h | 0.009225 | −0.022% | — | $6.5M | — | as long as short |
Bybit MOVEUSDT
Binance MOVEUSDT
Injective MOVE/USDC PERP
Hyperliquid MOVE
OKX MOVE-USDT-SWAP
Gate MOVE_USDT
KuCoin MOVEUSDTM
Bitget MOVEUSDT
Variational Omni MOVE
BloFin MOVE-USDT
Extended MOVE-USD
MEXC MOVE_USDT
Aster MOVEUSDT
BingX MOVE-USDT