Funding you earn now, next payment 12:00 UTC−0.0043%/8h= −4.8% APRnext payment −$0.22 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BloFin+0.043%61s7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as 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−$660.664% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.427%−$43 · spread now +0.043%, 7d avg −0.016%
=The price spread pays, funding is against you. Binance is 0.059% dearer against BloFin than usual: you sell high and buy low (spread +0.043% now, against its 7-day average of −0.016%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.5 days. The two prices were read 61 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 | BloFin MOVE-USDT | 0.009277 | 0.0928 | pay 0.0464% / 4h | 3h 48m | $115K | $4K | 75x |
| Short | Binance MOVEUSDT | 0.009281 | 0.0884 | get 0.0442% / 4h | 3h 48m | $2.0M | $4.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$9.11
- Price spread: +0.043% → −0.016%
- $5.87
- Slippage, 4 orders
- −$44.41
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$69.65
- Costs to cover
- 0.664%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 min ago; Binance: live order book, 4 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 BloFin live order book, 7 min ago | 1.08 bp | 20.6 bp −$21 | 51.7 bp −$517 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.08 bp | 15.8 bp −$16 | 114.7 bp −$1,147 | 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 | +0.356% | $753 | $100 | 12x | as long as short |
| Hyperliquid MOVE | +0.0100% | 1h | 0.009280 | +0.032% | $230K | $197K | 3x | as long as short |
| Bybit MOVEUSDT | +0.0100% | 4h | 0.009277 | 0.000% | $1.9M | $624K | 25x | as long as short |
| OKX MOVE-USDT-SWAP | +0.0100% | 4h | 0.009285 | +0.086% | $969K | $922K | 20x | as long as short |
| Gate MOVE_USDT | +0.0100% | 8h | 0.009270 | −0.075% | $409K | $241K | 25x | as long as short |
| KuCoin MOVEUSDTM | +0.0100% | 4h | 0.009270 | −0.075% | $1.1M | $19K | 25x | as long as short |
| Bitget MOVEUSDT | +0.0100% | 4h | 0.009284 | +0.075% | $848K | $377K | 25x | as long as short |
| Variational Omni MOVE | +0.0100% | 4h | 0.009273 | −0.038% | $7K | $2K | — | as long as short |
| Binance MOVEUSDTshort | +0.0884% | 4h | 0.009281 | +0.043% | $2.0M | $4.4M | 25x | |
| Extended MOVE-USD | +0.0888% | 1h | 0.009278 | +0.016% | $12K | $188K | 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_USDT | +0.0912% | 4h | 0.009280 | +0.032% | $3.7M | $214K | 20x | as long as short |
| BloFin MOVE-USDTlong | +0.0928% | 4h | 0.009277 | long leg | $115K | $4K | 75x | |
| BingX MOVE-USDT | +0.1020% | 4h | 0.009277 | 0.000% | — | $6.5M | — | as long as short |
| Aster MOVEUSDT | +0.1228% | 4h | 0.009270 | −0.071% | $11K | $10K | 5x | as long as short |
BloFin MOVE-USDT
Binance MOVEUSDT
Injective MOVE/USDC PERP
Hyperliquid MOVE
Bybit MOVEUSDT
OKX MOVE-USDT-SWAP
Gate MOVE_USDT
KuCoin MOVEUSDTM
Bitget MOVEUSDT
Variational Omni MOVE
Extended MOVE-USD
MEXC MOVE_USDT
BingX MOVE-USDT
Aster MOVEUSDT