MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0081%/8h= +8.8% APRnext payment +$0.40 per $10,000 · paid last 24h +0.063%

Price spread now: BloFin against Bybit−0.096%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs−$132as in the Price arb table

costs, in and out, $10k−$1261.259% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.099%+$10 on $10k

Price spread, last 3 days (all we have)+0.116%+$12 · spread now −0.096%, 7d avg −0.033%

Together, before fees+0.215%+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.063% cheaper against Bybit than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of −0.033%). If the spread goes back, that is −$6 on $10k: about 2.6 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MOVEUSDT	0.009340	−0.0004	get 0.0002% / 4h	1h 14m	$1.9M	$652K	25x
Short	BloFin MOVE-USDT	0.009331	0.0077	get 0.0038% / 4h	1h 14m	$120K	$12K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.096%Rate

Funding earned: $16.92
Price spread: −0.096% → −0.033%: −$6.29
Slippage, 4 orders: −$102.92
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$115.3
Costs to cover: 1.259%
Break-even: 54.7 days

Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 58 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, 2 min ago	10.71 bp	51.4 bp −$51	176.2 bp −$1,762	doesn't fit	doesn't fit
Sell BloFin live order book, 58 min ago	2.14 bp	14.5 bp −$14	46.6 bp −$466	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	−0.0004%	4h	0.009340	long leg	$1.9M	$652K	25x
Injective MOVE/USDC PERP	+0.0033%	1h	0.008930	−4.390%	$722	$21K	12x	as long as short
BloFin MOVE-USDTshort	+0.0077%	4h	0.009331	−0.096%	$120K	$12K	75x
Hyperliquid MOVE	+0.0100%	1h	0.009340	0.000%	$230K	$209K	3x	as long as short
Aster MOVEUSDT	+0.0100%	4h	0.009360	+0.214%	$12K	$10K	5x	as long as short
Binance MOVEUSDT	+0.0100%	4h	0.009338	−0.025%	$2.0M	$4.1M	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009346	+0.064%	$983K	$1.0M	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009340	0.000%	$424K	$343K	25x	as long as short
MEXC MOVE_USDT	+0.0100%	4h	0.009337	−0.032%	$3.8M	$219K	20x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009350	+0.107%	$1.2M	$35K	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	0.009347	+0.075%	$844K	$413K	25x	as long as short
BingX MOVE-USDT	+0.0100%	4h	0.009341	+0.011%	—	$6.5M	—	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009334	−0.066%	$6K	$2K	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009336	−0.046%	$10K	$143K	5x	as long as short