MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.12 per $10,000 · paid last 24h −0.003%

Price spread now: BloFin against MEXC+0.097%79s7-day average +0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as 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−$500.496% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.097%, 7d avg +0.020%

Together, before fees−0.031%−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.077% dearer against MEXC than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.020%. The two prices were read 79 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	MEXC MOVE_USDT	0.009252	0.0424	pay 0.0212% / 4h	1h 45m	$3.7M	$215K	20x
Short	BloFin MOVE-USDT	0.009261	0.0448	get 0.0224% / 4h	1h 45m	$118K	$5K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.097%Rate

Funding earned: $5.01
Price spread: +0.097% → +0.020%: $7.7
Slippage, 4 orders: −$33.55
Fee MEXC: 2 bp × 2 orders: −$4
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$36.85
Costs to cover: 0.496%
Break-even: 58.5 days

Slippage from MEXC: live order book, 1 min ago; BloFin: live order book, 26 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 MEXC live order book, 1 min ago	0.54 bp	10.0 bp −$10	65.0 bp −$650	223.5 bp −$22.4K	doesn't fit
Sell BloFin live order book, 26 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	−0.0885%	1h	0.009310	+0.627%	$753	$100	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009260	+0.086%	$230K	$204K	3x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009252	0.000%	$1.9M	$657K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009254	+0.022%	$976K	$957K	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009260	+0.086%	$406K	$264K	25x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009260	+0.086%	$1.1M	$28K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009258	+0.065%	$846K	$413K	25x	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009273	+0.232%	$6K	$1K	—	as long as short
BingX MOVE-USDT	+0.0298%	4h	0.009255	+0.032%	—	$6.5M	—	as long as short
Extended MOVE-USD	+0.0424%	1h	0.009251	−0.006%	$10K	$167K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC MOVE_USDTlong	+0.0424%	4h	0.009252	long leg	$3.7M	$215K	20x
Binance MOVEUSDT	+0.0425%	4h	0.009255	+0.031%	$2.0M	$4.5M	25x	as long as short
Aster MOVEUSDT	+0.0434%	4h	0.009245	−0.076%	$10K	$11K	5x	as long as short
BloFin MOVE-USDTshort	+0.0448%	4h	0.009261	+0.097%	$118K	$5K	75x