Funding you earn now, next payment 08:00 UTC−0.0635%/8h= −69.5% APRpaid last 24h −0.069%
Price spread now: Gate against BloFin+0.065%7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$222as in the Funding arb table
Net, price: spread back to 7d avg − costs−$222as in the Price arb table
costs, in and out, $10k−$2332.333% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 4 days (all we have)−0.191%−$19 · spread now +0.065%, 7d avg −0.050%
=The price spread pays, funding is against you. Gate is 0.115% dearer against BloFin than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of −0.050%): +$11 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 14 hours. Mind the row above: over the last 7 days funding on this pair paid +0.116%, 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 0.116% in total (about 6.1% a year). A funding rate is set anew for every payment. 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 | 0.009234 | 0.0735 | pay 0.0368% / 4h | 1h 32m | $116K | $5K | 75x |
| Short | Gate MOVE_USDT | 0.009240 | 0.0100 | get 0.0100% / 8h | 1h 32m | $405K | $265K | 25x |
BloFin MOVE-USDT
Gate MOVE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$133.35
- Price spread: +0.065% → −0.050%
- $11.47
- Slippage, 4 orders
- −$206.29
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$355.18
- Costs to cover
- 2.333%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 39 min ago; Gate: 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, 39 min ago | 1.61 bp | 15.9 bp −$16 | 61.6 bp −$616 | doesn't fit | doesn't fit |
| Sell Gate live order book, 8 min ago | 10.82 bp | 84.0 bp −$84 | doesn't fit | 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 | +0.823% | $753 | $100 | 12x | as long as short |
| Hyperliquid MOVE | +0.0100% | 1h | 0.009251 | +0.184% | $232K | $204K | 3x | as long as short |
| Bybit MOVEUSDT | +0.0100% | 4h | 0.009240 | +0.065% | $1.9M | $657K | 25x | as long as short |
| OKX MOVE-USDT-SWAP | +0.0100% | 4h | 0.009240 | +0.065% | $974K | $954K | 20x | as long as short |
| Gate MOVE_USDTshort | +0.0100% | 8h | 0.009240 | +0.065% | $405K | $265K | 25x | |
| KuCoin MOVEUSDTM | +0.0100% | 4h | 0.009240 | +0.065% | $1.1M | $28K | 25x | as long as short |
| Bitget MOVEUSDT | +0.0100% | 4h | 0.009250 | +0.173% | $846K | $414K | 25x | as long as short |
| Variational Omni MOVE | +0.0100% | 4h | 0.009243 | +0.102% | $6K | $1K | — | as long as short |
| BingX MOVE-USDT | +0.0602% | 4h | 0.009236 | +0.022% | — | $6.5M | — | as long as short |
| Aster MOVEUSDT | +0.0681% | 4h | 0.009235 | +0.007% | $10K | $11K | 5x | as long as short |
Injective MOVE/USDC PERP
Hyperliquid MOVE
Bybit MOVEUSDT
OKX MOVE-USDT-SWAP
KuCoin MOVEUSDTM
Bitget MOVEUSDT
Variational Omni MOVE
BingX MOVE-USDT
Aster MOVEUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MOVEUSDT | +0.0682% | 4h | 0.009238 | +0.043% | $2.0M | $4.5M | 25x | as long as short |
| MEXC MOVE_USDT | +0.0684% | 4h | 0.009240 | +0.065% | $3.7M | $216K | 20x | as long as short |
| Extended MOVE-USD | +0.0688% | 1h | 0.009238 | +0.044% | $10K | $167K | 5x | as long as short |
| BloFin MOVE-USDTlong | +0.0735% | 4h | 0.009234 | long leg | $116K | $5K | 75x |
Binance MOVEUSDT
MEXC MOVE_USDT
Extended MOVE-USD