MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0026%/8h= +2.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.012%

Price spread now: BloFin against Binance−0.021%181s7-day average +0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as 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−$820.824% of the position

Long on Binance Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 3 days (all we have)+0.078%+$8 · spread now −0.021%, 7d avg +0.027%

Together, before fees+0.072%+$7 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.048% cheaper against Binance than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.027%). If the spread goes back, that is −$5 on $10k: about 6.1 days of funding at the current rate (+$1 a day). The two prices were read 181 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	Binance MOVEUSDT	0.009353	0.0100	pay 0.0050% / 4h	2h 46m	$2.0M	$4.2M	25x
Short	BloFin MOVE-USDT	0.009351	0.0126	get 0.0063% / 4h	2h 46m	$122K	$11K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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 BinancebpFee BloFinbpOrdersPrice spread, now −0.021%Rate

Funding earned: $5.5
Price spread: −0.021% → +0.027%: −$4.79
Slippage, 4 orders: −$60.36
Fee Binance: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$81.65
Costs to cover: 0.824%
Break-even: 110.9 days

Slippage from Binance: live order book, 6 min ago; 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 Binance live order book, 6 min ago	3.22 bp	20.8 bp −$21	143.2 bp −$1,432	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	3.74 bp	23.3 bp −$23	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	−4.523%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009350	−0.032%	$228K	$209K	3x	as long as short
Binance MOVEUSDTlong	+0.0100%	4h	0.009353	long leg	$2.0M	$4.2M	25x
Bybit MOVEUSDT	+0.0100%	4h	0.009350	−0.032%	$1.9M	$667K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009351	−0.021%	$982K	$1.0M	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009350	−0.032%	$420K	$281K	25x	as long as short
MEXC MOVE_USDT	+0.0100%	4h	0.009349	−0.043%	$3.8M	$212K	20x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009350	−0.032%	$1.2M	$26K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009343	−0.107%	$830K	$429K	25x	as long as short
BingX MOVE-USDT	+0.0100%	4h	0.009359	+0.064%	—	$6.5M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MOVE	+0.0100%	4h	0.009344	−0.101%	$6K	$1K	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009348	−0.053%	$11K	$120K	5x	as long as short
BloFin MOVE-USDTshort	+0.0126%	4h	0.009351	−0.021%	$122K	$11K	75x
Aster MOVEUSDT	+0.0437%	4h	0.009382	+0.315%	$12K	$10K	5x	as long as short