MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0443%/8h= +48.5% APRnext payment +$2.21 per $10,000 · paid last 24h +0.059%

Price spread now: BingX against Bybit+0.021%7-day average −0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$141as in the Price arb table

costs, in and out, $10k−$1481.479% of the position

Long on Bybit Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.361%+$36 on $10k

Price spread, last 7 days−0.175%−$17 · spread now +0.021%, 7d avg −0.044%

Together, before fees+0.186%+$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BingX is 0.066% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MOVEUSDT	0.009350	−0.0343	get 0.0171% / 4h	1h 30m	$1.9M	$652K	25x
Short	BingX MOVE-USDT	0.009352	0.0100	get 0.0050% / 4h	1h 30m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bybit. 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 BybitbpFee BingXbpOrdersPrice spread, now +0.021%Rate

Funding earned: $92.93
Price spread: +0.021% → −0.044%: $6.57
Slippage, 4 orders: −$126.9
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BingX: 5 bp × 2 orders: −$10
Net: −$48.39
Costs to cover: 1.479%
Break-even: 10.6 days

Slippage from Bybit: live order book, 1 min ago; BingX: 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 Bybit live order book, 1 min ago	5.34 bp	52.1 bp −$52	160.4 bp −$1,604	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	4.26 bp	25.2 bp −$25	136.0 bp −$1,360	646.8 bp −$64.7K	1020.0 bp −$510.0K

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 MOVEUSDTlong	−0.0343%	4h	0.009350	long leg	$1.9M	$652K	25x
BloFin MOVE-USDT	−0.0138%	4h	0.009364	+0.150%	$121K	$12K	75x	as long as short
MEXC MOVE_USDT	−0.0108%	4h	0.009350	0.000%	$3.8M	$218K	20x	as long as short
Extended MOVE-USD	−0.0072%	1h	0.009349	−0.008%	$10K	$143K	5x	as long as short
Binance MOVEUSDT	−0.0072%	4h	0.009350	0.000%	$2.0M	$4.1M	25x	as long as short
Aster MOVEUSDT	−0.0066%	4h	0.009390	+0.425%	$12K	$10K	5x	as long as short
Injective MOVE/USDC PERP	+0.0033%	1h	0.008930	−4.492%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009352	+0.021%	$230K	$209K	3x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009352	+0.021%	$986K	$1.0M	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009360	+0.107%	$422K	$341K	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MOVEUSDTM	+0.0100%	4h	0.009350	0.000%	$1.2M	$37K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009353	+0.032%	$845K	$422K	25x	as long as short
BingX MOVE-USDTshort	+0.0100%	4h	0.009352	+0.021%	—	$6.5M	—
Variational Omni MOVE	+0.0100%	4h	0.009354	+0.041%	$6K	$2K	—	as long as short