MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0125%/8h= +13.7% APRnext payment +$0.62 per $10,000 · paid last 24h −0.063%

Price spread now: KuCoin against BloFin+0.257%95s7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$734as 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−$7337.330% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 3 days (all we have)−0.441%−$44 · spread now +0.257%, 7d avg −0.024%

Together, before fees−0.456%−$46 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.281% dearer against BloFin than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.024%. The two prices were read 95 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	0.009336	−0.0025	get 0.0012% / 4h	1h 47m	$121K	$12K	75x
Short	KuCoin MOVEUSDTM	0.009360	0.0100	get 0.0050% / 4h	1h 47m	$1.2M	$37K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.257%Rate

Funding earned: $26.22
Price spread: +0.257% → −0.024%: $28.14
Slippage, 4 orders: −$708.99
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$678.63
Costs to cover: 7.330%
Break-even: 188.2 days

Slippage from BloFin: live order book, 25 min ago; KuCoin: live order book, 2 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, 25 min ago	2.14 bp	16.2 bp −$16	49.7 bp −$497	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	16.07 bp	451.9 bp −$452	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
Bybit MOVEUSDT	−0.0460%	4h	0.009370	+0.364%	$1.9M	$659K	25x	as long as short
Aster MOVEUSDT	−0.0183%	4h	0.009363	+0.289%	$11K	$12K	5x	as long as short
Binance MOVEUSDT	−0.0119%	4h	0.009376	+0.428%	$2.0M	$4.1M	25x	as long as short
Extended MOVE-USD	−0.0088%	1h	0.009375	+0.415%	$10K	$143K	5x	as long as short
MEXC MOVE_USDT	−0.0084%	4h	0.009377	+0.439%	$3.8M	$217K	20x	as long as short
BloFin MOVE-USDTlong	−0.0025%	4h	0.009336	long leg	$121K	$12K	75x
Injective MOVE/USDC PERP	+0.0033%	1h	0.008930	−4.349%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009375	+0.418%	$229K	$207K	3x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009375	+0.418%	$986K	$1.0M	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009350	+0.150%	$420K	$337K	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MOVEUSDTMshort	+0.0100%	4h	0.009360	+0.257%	$1.2M	$37K	25x
Bitget MOVEUSDT	+0.0100%	4h	0.009368	+0.343%	$849K	$423K	25x	as long as short
BingX MOVE-USDT	+0.0100%	4h	0.009357	+0.225%	—	$6.5M	—	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009344	+0.088%	$6K	$2K	—	as long as short