MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0568%/8h= −62.2% APRnext payment −$2.84 per $10,000 · paid last 24h −0.069%

Price spread now: Bitget against BloFin+0.011%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$820.823% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.064%+$6 on $10k

Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.011%, 7d avg +0.010%

Together, before fees+0.055%+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.064%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.064% in total (about 3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.84 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MOVE-USDT	0.009235	0.0668	pay 0.0334% / 4h	1h 34m	$116K	$5K	75x
Short	Bitget MOVEUSDT	0.009236	0.0100	get 0.0050% / 4h	1h 34m	$845K	$414K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.011%Rate

Funding earned: −$119.22
Price spread: +0.011% → +0.010%: $0.11
Slippage, 4 orders: −$58.33
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$201.44
Costs to cover: 0.823%
Break-even: never at this rate

Slippage from BloFin: live order book, 37 min ago; Bitget: live order book, 6 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, 37 min ago	1.61 bp	15.9 bp −$16	61.6 bp −$616	doesn't fit	doesn't fit
Sell Bitget live order book, 6 min ago	6.48 bp	15.5 bp −$15	161.1 bp −$1,611	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	−0.0885%	1h	0.009310	+0.812%	$753	$100	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009236	+0.011%	$231K	$204K	3x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009234	−0.011%	$1.9M	$657K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009230	−0.054%	$973K	$957K	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009240	+0.054%	$405K	$265K	25x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009240	+0.054%	$1.1M	$28K	25x	as long as short
Bitget MOVEUSDTshort	+0.0100%	4h	0.009236	+0.011%	$845K	$414K	25x
Variational Omni MOVE	+0.0100%	4h	0.009243	+0.091%	$6K	$1K	—	as long as short
BingX MOVE-USDT	+0.0602%	4h	0.009235	0.000%	—	$6.5M	—	as long as short
BloFin MOVE-USDTlong	+0.0668%	4h	0.009235	long leg	$116K	$5K	75x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster MOVEUSDT	+0.0672%	4h	0.009235	+0.004%	$10K	$11K	5x	as long as short
Extended MOVE-USD	+0.0680%	1h	0.009225	−0.111%	$10K	$167K	5x	as long as short
MEXC MOVE_USDT	+0.0682%	4h	0.009226	−0.097%	$3.7M	$216K	20x	as long as short
Binance MOVEUSDT	+0.0685%	4h	0.009226	−0.097%	$2.0M	$4.5M	25x	as long as short