MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.07 per $10,000 · paid last 24h +0.063%

Price spread now: BloFin against OKX−0.180%73s7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$113as 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 OKX Short on BloFin

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)+0.150%+$15 · spread now −0.180%, 7d avg −0.019%

Together, before fees+0.037%+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.162% cheaper against OKX than usual: you would sell low and buy high (spread −0.180% now, against its 7-day average of −0.019%). If the spread goes back, that is −$16 on $10k: about 36 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.113%, so the current rate has only just turned in your favour. The two prices were read 73 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	OKX MOVE-USDT-SWAP	0.009420	0.0100	pay 0.0050% / 4h	55m 58s	$993K	$1.0M	20x
Short	BloFin MOVE-USDT	0.009403	0.0115	get 0.0057% / 4h	55m 58s	$120K	$12K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now −0.180%Rate

Funding earned: $3.15
Price spread: −0.180% → −0.019%: −$16.2
Slippage, 4 orders: −$79.31
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$114.36
Costs to cover: 1.013%
Break-even: 261.5 days

Slippage from OKX: live order book, just now; BloFin: 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 OKX live order book, just now	2.65 bp	31.0 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	0.53 bp	20.5 bp −$21	63.2 bp −$632	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	−5.202%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009412	−0.085%	$232K	$208K	3x	as long as short
Aster MOVEUSDT	+0.0100%	4h	0.009472	+0.549%	$12K	$10K	5x	as long as short
Binance MOVEUSDT	+0.0100%	4h	0.009447	+0.286%	$2.0M	$4.1M	25x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009427	+0.074%	$2.0M	$652K	25x	as long as short
OKX MOVE-USDT-SWAPlong	+0.0100%	4h	0.009420	long leg	$993K	$1.0M	20x
Gate MOVE_USDT	+0.0100%	8h	0.009410	−0.106%	$427K	$340K	25x	as long as short
MEXC MOVE_USDT	+0.0100%	4h	0.009402	−0.191%	$3.8M	$209K	20x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009430	+0.106%	$1.2M	$33K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009423	+0.032%	$851K	$411K	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MOVE-USDT	+0.0100%	4h	0.009433	+0.138%	—	$6.5M	—	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009359	−0.650%	$6K	$2K	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009445	+0.267%	$10K	$143K	5x	as long as short
BloFin MOVE-USDTshort	+0.0115%	4h	0.009403	−0.180%	$120K	$12K	75x