MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.18 per $10,000 · paid last 24h +0.064%

Price spread now: BloFin against Bitget−0.119%85s7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$89as 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−$790.791% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.100%−$10 on $10k

Price spread, last 4 days (all we have)+0.166%+$17 · spread now −0.119%, 7d avg −0.007%

Together, before fees+0.065%+$7 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 BloFin is 0.112% cheaper against Bitget than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.007%). Swap the legs. The two prices were read 85 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	Bitget MOVEUSDT	0.009264	0.0100	pay 0.0050% / 4h	45m 46s	$820K	$419K	25x
Short	BloFin MOVE-USDT	0.009253	0.0065	get 0.0032% / 4h	45m 46s	$121K	$10K	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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 BitgetbpFee BloFinbpOrdersPrice spread, now −0.119%Rate

Funding earned: −$7.38
Price spread: −0.119% → −0.007%: −$11.2
Slippage, 4 orders: −$55.07
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$97.65
Costs to cover: 0.791%
Break-even: never at this rate

Slippage from Bitget: live order book, 10 min ago; BloFin: live order book, 50 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 Bitget live order book, 10 min ago	5.93 bp	29.3 bp −$29	286.6 bp −$2,866	doesn't fit	doesn't fit
Sell BloFin live order book, 50 min ago	2.14 bp	18.1 bp −$18	66.3 bp −$663	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	0.008930	−3.605%	$722	$21K	12x	as long as short
BloFin MOVE-USDTshort	+0.0065%	4h	0.009253	−0.119%	$121K	$10K	75x
Hyperliquid MOVE	+0.0100%	1h	0.009255	−0.097%	$226K	$196K	3x	as long as short
Aster MOVEUSDT	+0.0100%	4h	0.009270	+0.061%	$11K	$10K	5x	as long as short
Binance MOVEUSDT	+0.0100%	4h	0.009256	−0.090%	$2.0M	$4.2M	25x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009254	−0.108%	$1.9M	$640K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009253	−0.119%	$977K	$988K	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009250	−0.151%	$414K	$264K	25x	as long as short
MEXC MOVE_USDT	+0.0100%	4h	0.009260	−0.043%	$3.8M	$210K	20x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009250	−0.151%	$1.1M	$26K	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MOVEUSDTlong	+0.0100%	4h	0.009264	long leg	$820K	$419K	25x
BingX MOVE-USDT	+0.0100%	4h	0.009258	−0.065%	—	$6.5M	—	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009253	−0.115%	$6K	$1K	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009254	−0.111%	$10K	$121K	5x	as long as short