MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0302%/8h= +33.0% APRnext payment +$1.51 per $10,000 · paid last 24h +0.076%

Price spread now: Binance against Bybit−0.011%7-day average −0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$119as in the Price arb table

costs, in and out, $10k−$1241.244% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$11 on $10k

Price spread, last 7 days−0.156%−$16 · spread now −0.011%, 7d avg −0.063%

Together, before fees−0.050%−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 0.052% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.063%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.105% in total (about 5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.51 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	Bybit MOVEUSDT	0.009420	−0.0202	get 0.0101% / 4h	46m 56s	$2.0M	$656K	25x
Short	Binance MOVEUSDT	0.009419	0.0100	get 0.0050% / 4h	46m 56s	$2.0M	$4.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now −0.011%Rate

Funding earned: $63.35
Price spread: −0.011% → −0.063%: $5.19
Slippage, 4 orders: −$103.42
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$55.88
Costs to cover: 1.244%
Break-even: 13.2 days

Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 5 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 Bybit live order book, 5 min ago	10.60 bp	46.9 bp −$47	164.7 bp −$1,647	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	0.53 bp	16.0 bp −$16	129.2 bp −$1,292	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
Bybit MOVEUSDTlong	−0.0202%	4h	0.009420	long leg	$2.0M	$656K	25x
Injective MOVE/USDC PERP	+0.0033%	1h	0.008930	−5.202%	$722	$21K	12x	as long as short
BloFin MOVE-USDT	+0.0091%	4h	0.009412	−0.085%	$121K	$12K	75x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009420	0.000%	$232K	$206K	3x	as long as short
Aster MOVEUSDT	+0.0100%	4h	0.009477	+0.609%	$12K	$10K	5x	as long as short
Binance MOVEUSDTshort	+0.0100%	4h	0.009419	−0.011%	$2.0M	$4.1M	25x
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009426	+0.064%	$994K	$1.0M	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009410	−0.106%	$426K	$340K	25x	as long as short
MEXC MOVE_USDT	+0.0100%	4h	0.009422	+0.021%	$3.8M	$210K	20x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009410	−0.106%	$1.2M	$32K	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MOVEUSDT	+0.0100%	4h	0.009424	+0.042%	$851K	$405K	25x	as long as short
BingX MOVE-USDT	+0.0100%	4h	0.009421	+0.011%	—	$6.5M	—	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009429	+0.094%	$6K	$2K	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009417	−0.031%	$10K	$143K	5x	as long as short