MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.20 per $10,000 · paid last 24h −0.076%

Price spread now: OKX against Binance−0.017%7-day average +0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$111as in the Price arb table

costs, in and out, $10k−$1041.043% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.091%+$9 on $10k

Price spread, last 4 days (all we have)+0.129%+$13 · spread now −0.017%, 7d avg +0.051%

Together, before fees+0.220%+$22 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 0.068% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.051%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.091%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MOVEUSDT	0.009337	0.0139	pay 0.0070% / 4h	2h 03m	$2.0M	$4.2M	25x
Short	OKX MOVE-USDT-SWAP	0.009335	0.0100	get 0.0050% / 4h	2h 03m	$982K	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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 BinancebpFee OKXbpOrdersPrice spread, now −0.017%Rate

Funding earned: −$8.23
Price spread: −0.017% → +0.051%: −$6.83
Slippage, 4 orders: −$84.31
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$119.37
Costs to cover: 1.043%
Break-even: never at this rate

Slippage from Binance: live order book, 3 min ago; OKX: live order book, 3 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 Binance live order book, 3 min ago	3.22 bp	20.3 bp −$20	184.4 bp −$1,844	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	3.75 bp	34.6 bp −$35	doesn't fit	doesn't fit	doesn't fit

MOVE on 13 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	−4.355%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009338	+0.015%	$228K	$204K	3x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009345	+0.090%	$1.9M	$655K	25x	as long as short
OKX MOVE-USDT-SWAPshort	+0.0100%	4h	0.009335	−0.017%	$982K	$1.0M	20x
Gate MOVE_USDT	+0.0100%	8h	0.009330	−0.070%	$419K	$291K	25x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009340	+0.037%	$1.2M	$26K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009335	−0.017%	$829K	$421K	25x	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009328	−0.088%	$6K	$1K	—	as long as short
Binance MOVEUSDTlong	+0.0139%	4h	0.009337	long leg	$2.0M	$4.2M	25x
MEXC MOVE_USDT	+0.0148%	4h	0.009337	+0.004%	$3.8M	$219K	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended MOVE-USD	+0.0152%	1h	0.009339	+0.022%	$10K	$121K	5x	as long as short
BingX MOVE-USDT	+0.0158%	4h	0.009334	−0.028%	—	$6.5M	—	as long as short
Aster MOVEUSDT	+0.0521%	4h	0.009378	+0.441%	$12K	$10K	5x	as long as short