MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h −0.005%

Price spread now: BingX against BloFin+0.086%51s7-day average +0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as 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 BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.235%+$23 on $10k

Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.086%, 7d avg +0.013%

Together, before fees+0.148%+$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.074% dearer against BloFin than usual: you sell high and buy low (spread +0.086% now, against its 7-day average of +0.013%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.235%, so the current rate has only just turned against you. The two prices were read 51 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	0.009257	0.0132	pay 0.0066% / 4h	42m 19s	$121K	$10K	75x
Short	BingX MOVE-USDT	0.009265	0.0100	get 0.0050% / 4h	42m 19s	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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 BloFinbpFee BingXbpOrdersPrice spread, now +0.086%Rate

Funding earned: −$6.68
Price spread: +0.086% → +0.013%: $7.37
Slippage, 4 orders: −$57.1
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$78.42
Costs to cover: 0.791%
Break-even: never at this rate

Slippage from BloFin: live order book, 53 min ago; BingX: live order book, 8 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, 53 min ago	2.14 bp	11.6 bp −$12	58.8 bp −$588	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	4.86 bp	30.8 bp −$31	147.1 bp −$1,471	637.2 bp −$63.7K	945.4 bp −$472.7K

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	−3.532%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009265	+0.086%	$226K	$197K	3x	as long as short
Aster MOVEUSDT	+0.0100%	4h	0.009275	+0.196%	$11K	$10K	5x	as long as short
Binance MOVEUSDT	+0.0100%	4h	0.009263	+0.066%	$2.0M	$4.2M	25x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009264	+0.076%	$1.9M	$640K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009256	−0.011%	$977K	$989K	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009250	−0.076%	$414K	$264K	25x	as long as short
MEXC MOVE_USDT	+0.0100%	4h	0.009264	+0.076%	$3.8M	$210K	20x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009260	+0.032%	$1.1M	$26K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009267	+0.108%	$820K	$418K	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MOVE-USDTshort	+0.0100%	4h	0.009265	+0.086%	—	$6.5M	—
Variational Omni MOVE	+0.0100%	4h	0.009253	−0.039%	$6K	$1K	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009263	+0.060%	$10K	$121K	5x	as long as short
BloFin MOVE-USDTlong	+0.0132%	4h	0.009257	long leg	$121K	$10K	75x