Funding you earn now, next payment 08:00 UTC−0.1002%/8h= −109.7% APRnext payment −$5.01 per $10,000 · paid last 24h −0.069%
Price spread now: KuCoin against BloFin+0.043%50s7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$765as 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−$7587.583% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 4 days (all we have)−0.192%−$19 · spread now +0.043%, 7d avg −0.015%
=The price spread pays, funding is against you. KuCoin is 0.058% dearer against BloFin than usual: you sell high and buy low (spread +0.043% now, against its 7-day average of −0.015%): +$6 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.070% in total) that is about 5.8 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.070% in total (about -3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.01 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MOVE-USDT | 0.009266 | 0.1102 | pay 0.0551% / 4h | 1h 14m | $116K | $4K | 75x |
| Short | KuCoin MOVEUSDTM | 0.009270 | 0.0100 | get 0.0050% / 4h | 1h 14m | $1.1M | $23K | 25x |
BloFin MOVE-USDT
KuCoin MOVEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$210.36
- Price spread: +0.043% → −0.015%
- $5.8
- Slippage, 4 orders
- −$734.28
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$962.84
- Costs to cover
- 7.583%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 57 min ago; KuCoin: 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, 57 min ago | 1.61 bp | 15.9 bp −$16 | 61.6 bp −$616 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 21.58 bp | 247.7 bp −$248 | 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 | −0.0885% | 1h | 0.009310 | +0.475% | $753 | $100 | 12x | as long as short |
| Hyperliquid MOVE | +0.0100% | 1h | 0.009275 | +0.097% | $232K | $203K | 3x | as long as short |
| Bybit MOVEUSDT | +0.0100% | 4h | 0.009270 | +0.043% | $1.9M | $647K | 25x | as long as short |
| OKX MOVE-USDT-SWAP | +0.0100% | 4h | 0.009270 | +0.043% | $977K | $926K | 20x | as long as short |
| Gate MOVE_USDT | +0.0100% | 8h | 0.009260 | −0.065% | $406K | $266K | 25x | as long as short |
| KuCoin MOVEUSDTMshort | +0.0100% | 4h | 0.009270 | +0.043% | $1.1M | $23K | 25x | |
| Bitget MOVEUSDT | +0.0100% | 4h | 0.009269 | +0.032% | $848K | $387K | 25x | as long as short |
| Variational Omni MOVE | +0.0100% | 4h | 0.009273 | +0.080% | $6K | $1K | — | as long as short |
| BingX MOVE-USDT | +0.0890% | 4h | 0.009270 | +0.043% | — | $6.5M | — | as long as short |
| MEXC MOVE_USDT | +0.1080% | 4h | 0.009264 | −0.022% | $3.7M | $218K | 20x | as long as short |
Injective MOVE/USDC PERP
Hyperliquid MOVE
Bybit MOVEUSDT
OKX MOVE-USDT-SWAP
Gate MOVE_USDT
Bitget MOVEUSDT
Variational Omni MOVE
BingX MOVE-USDT
MEXC MOVE_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MOVEUSDT | +0.1087% | 4h | 0.009245 | −0.227% | $10K | $11K | 5x | as long as short |
| BloFin MOVE-USDTlong | +0.1102% | 4h | 0.009266 | long leg | $116K | $4K | 75x | |
| Binance MOVEUSDT | +0.1117% | 4h | 0.009263 | −0.032% | $2.0M | $4.4M | 25x | as long as short |
| Extended MOVE-USD | +0.1120% | 1h | 0.009262 | −0.039% | $10K | $165K | 5x | as long as short |
Aster MOVEUSDT
Binance MOVEUSDT
Extended MOVE-USD