MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.17 per $10,000 · paid last 24h −0.069%

Price spread now: OKX against BloFin−0.022%103s7-day average +0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$99as 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−$1061.064% of the position

Long on BloFin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.070%+$7 on $10k

Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.022%, 7d avg +0.024%

Together, before fees+0.122%+$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.046% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.024%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.070%, so the current rate has only just turned against you. The two prices were read 103 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	0.009242	0.0133	pay 0.0067% / 4h	3h 19m	$120K	$10K	75x
Short	OKX MOVE-USDT-SWAP	0.009240	0.0100	get 0.0050% / 4h	3h 19m	$976K	$933K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.022%Rate

Funding earned: −$6.99
Price spread: −0.022% → +0.024%: −$4.59
Slippage, 4 orders: −$84.37
Fee BloFin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$117.96
Costs to cover: 1.064%
Break-even: never at this rate

Slippage from BloFin: live order book, 69 min ago; OKX: live order book, 32 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, 69 min ago	4.85 bp	18.2 bp −$18	65.8 bp −$658	doesn't fit	doesn't fit
Sell OKX live order book, 32 min ago	3.23 bp	34.5 bp −$35	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	−3.376%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009264	+0.238%	$231K	$201K	3x	as long as short
Binance MOVEUSDT	+0.0100%	4h	0.009246	+0.043%	$2.0M	$4.3M	25x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009231	−0.119%	$1.9M	$631K	25x	as long as short
OKX MOVE-USDT-SWAPshort	+0.0100%	4h	0.009240	−0.022%	$976K	$933K	20x
Gate MOVE_USDT	+0.0100%	8h	0.009240	−0.022%	$413K	$265K	25x	as long as short
MEXC MOVE_USDT	+0.0100%	4h	0.009254	+0.130%	$3.7M	$215K	20x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009240	−0.022%	$1.1M	$27K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009253	+0.119%	$822K	$397K	25x	as long as short
BingX MOVE-USDT	+0.0100%	4h	0.009244	+0.022%	—	$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	0.009243	+0.015%	$6K	$1K	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009241	−0.005%	$10K	$128K	5x	as long as short
BloFin MOVE-USDTlong	+0.0133%	4h	0.009242	long leg	$120K	$10K	75x
Aster MOVEUSDT	+0.0184%	4h	0.009228	−0.147%	$10K	$11K	5x	as long as short