Settings8H · net · $10k
Funding arb · Price arb /

MOVE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0154%/8h= −16.9% APRnext payment $0.77 per $10,000 · paid last 24h −0.060%
Price spread now: Bybit against BingX+0.022%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1281.280% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.273%−$27 on $10k
Price spread, last 7 days+0.032%+$3 · spread now +0.022%, 7d avg +0.039%
Together, before fees−0.241%−$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX MOVE-USDT0.0091440.0254pay 0.0127% / 4h2h 21m$6.5M
ShortBybit MOVEUSDT0.0091460.0100get 0.0050% / 4h2h 21m$1.9M$640K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BingX. 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

Funding earned
−$32.34
Price spread: +0.022% → +0.039%
−$1.7
Slippage, 4 orders
−$106.99
Fee BingX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$162.03
Costs to cover
1.280%
Break-even
never at this rate
Slippage from BingX: live order book, 14 min ago; Bybit: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 14 min ago4.34 bp20.9 bp −$2185.6 bp −$856586.5 bp −$58.7K877.7 bp −$438.9K
Sell Bybit live order book, 5 min ago5.47 bp45.4 bp −$45177.4 bp −$1,774doesn't fitdoesn't fit

MOVE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective MOVE/USDC PERP+0.0033%1h0.008930−2.340%$722$21K12xas long as short
Hyperliquid MOVE+0.0100%1h0.009162+0.197%$228K$200K3xas long as short
Bybit MOVEUSDTshort+0.0100%4h0.009146+0.022%$1.9M$640K25x
OKX MOVE-USDT-SWAP+0.0100%4h0.009155+0.120%$971K$932K20xas long as short
Gate MOVE_USDT+0.0100%8h0.009130−0.153%$405K$267K25xas long as short
KuCoin MOVEUSDTM+0.0100%4h0.009130−0.153%$1.1M$28K25xas long as short
Bitget MOVEUSDT+0.0100%4h0.009141−0.033%$826K$409K25xas long as short
Variational Omni MOVE+0.0100%4h0.009133−0.115%$6K$1Kas long as short
BloFin MOVE-USDT+0.0228%4h0.009141−0.033%$118K$10K75xas long as short
BingX MOVE-USDTlong+0.0254%4h0.009144long leg$6.5M
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC MOVE_USDT+0.0278%4h0.009155+0.120%$3.7M$216K20xas long as short
Extended MOVE-USD+0.0280%1h0.009154+0.105%$10K$167K5xas long as short
Binance MOVEUSDT+0.0304%4h0.009156+0.131%$2.0M$4.4M25xas long as short
Aster MOVEUSDT+0.0345%4h0.009128−0.171%$10K$11K5xas long as short