MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0292%/8h= +31.9% APRnext payment +$1.46 per $10,000 · paid last 24h +0.069%

Price spread now: BloFin against KuCoin+0.182%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$560as in the Funding arb table

Net, price: spread back to 7d avg − costs−$551as in the Price arb table

costs, in and out, $10k−$5675.674% of the position

Long on KuCoin Short on BloFin

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)−0.012%−$1 · spread now +0.182%, 7d avg +0.017%

Together, before fees+0.058%+$6 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 BloFin is 0.165% dearer against KuCoin than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.017%.

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 +$1.46 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	KuCoin MOVEUSDTM	0.009340	0.0100	pay 0.0050% / 4h	2h 05m	$1.2M	$28K	25x
Short	BloFin MOVE-USDT	0.009357	0.0392	get 0.0196% / 4h	2h 05m	$115K	$10K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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 KuCoinbpFee BloFinbpOrdersPrice spread, now +0.182%Rate

Funding earned: $61.27
Price spread: +0.182% → +0.017%: $16.52
Slippage, 4 orders: −$543.36
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$489.57
Costs to cover: 5.674%
Break-even: 62.9 days

Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 6 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 KuCoin live order book, 5 min ago	16.10 bp	257.3 bp −$257	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 6 min ago	1.61 bp	15.6 bp −$16	53.9 bp −$539	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	0.009310	−0.321%	$753	$100	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009363	+0.246%	$233K	$204K	3x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009356	+0.171%	$2.0M	$654K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009360	+0.214%	$989K	$969K	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009350	+0.107%	$410K	$280K	25x	as long as short
KuCoin MOVEUSDTMlong	+0.0100%	4h	0.009340	long leg	$1.2M	$28K	25x
Bitget MOVEUSDT	+0.0100%	4h	0.009365	+0.268%	$856K	$417K	25x	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009348	+0.090%	$6K	$1K	—	as long as short
MEXC MOVE_USDT	+0.0318%	4h	0.009361	+0.225%	$3.8M	$218K	20x	as long as short
BingX MOVE-USDT	+0.0348%	4h	0.009345	+0.054%	—	$6.5M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MOVEUSDT	+0.0349%	4h	0.009361	+0.225%	$2.0M	$4.5M	25x	as long as short
Extended MOVE-USD	+0.0352%	1h	0.009355	+0.165%	$11K	$165K	5x	as long as short
Aster MOVEUSDT	+0.0371%	4h	0.009317	−0.247%	$10K	$11K	5x	as long as short
BloFin MOVE-USDTshort	+0.0392%	4h	0.009357	+0.182%	$115K	$10K	75x