MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.38 per $10,000 · paid last 24h −0.004%

Price spread now: BingX against BloFin+0.235%81s7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as 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−$760.765% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.261%+$26 on $10k

Price spread, last 3 days (all we have)−0.252%−$25 · spread now +0.235%, 7d avg +0.009%

Together, before fees+0.009%+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.226% dearer against BloFin than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.009%. The two prices were read 81 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	0.009354	0.0024	pay 0.0012% / 4h	25m 47s	$120K	$11K	75x
Short	BingX MOVE-USDT	0.009376	0.0100	get 0.0050% / 4h	25m 47s	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.235%Rate

Funding earned: $16
Price spread: +0.235% → +0.009%: $22.59
Slippage, 4 orders: −$54.46
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$37.87
Costs to cover: 0.765%
Break-even: 23.6 days

Slippage from BloFin: live order book, 35 min ago; BingX: live order book, 10 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, 35 min ago	0.53 bp	15.8 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 10 min ago	4.28 bp	21.7 bp −$22	117.9 bp −$1,179	568.5 bp −$56.8K	926.5 bp −$463.3K

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
Bybit MOVEUSDT	−0.0316%	4h	0.009380	+0.278%	$1.9M	$669K	25x	as long as short
Binance MOVEUSDT	−0.0043%	4h	0.009379	+0.268%	$2.0M	$4.2M	25x	as long as short
Extended MOVE-USD	−0.0008%	1h	0.009378	+0.260%	$10K	$143K	5x	as long as short
MEXC MOVE_USDT	+0.0016%	4h	0.009381	+0.289%	$3.8M	$213K	20x	as long as short
BloFin MOVE-USDTlong	+0.0024%	4h	0.009354	long leg	$120K	$11K	75x
Injective MOVE/USDC PERP	+0.0033%	1h	0.008930	−4.533%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009383	+0.310%	$231K	$206K	3x	as long as short
Aster MOVEUSDT	+0.0100%	4h	0.009398	+0.472%	$12K	$10K	5x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009382	+0.299%	$993K	$1.0M	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009360	+0.064%	$423K	$344K	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MOVEUSDTM	+0.0100%	4h	0.009370	+0.171%	$1.2M	$31K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009380	+0.278%	$839K	$410K	25x	as long as short
BingX MOVE-USDTshort	+0.0100%	4h	0.009376	+0.235%	—	$6.5M	—
Variational Omni MOVE	+0.0100%	4h	0.009354	−0.001%	$6K	$1K	—	as long as short