MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.29 per $10,000 · paid last 24h −0.060%

Price spread now: KuCoin against BingX+0.140%7-day average −0.074% · you sell dearer than you buy

Net, funding: paid 7d − costs−$914as in the Funding arb table

Net, price: spread back to 7d avg − costs−$864as in the Price arb table

costs, in and out, $10k−$8868.857% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.281%−$28 on $10k

Price spread, last 7 days−0.209%−$21 · spread now +0.140%, 7d avg −0.074%

Together, before fees−0.490%−$49 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.214% dearer against BingX than usual: you sell high and buy low (spread +0.140% now, against its 7-day average of −0.074%): +$21 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.281% in total) that is about 5.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX MOVE-USDT	0.009297	0.0158	pay 0.0079% / 4h	2h 06m	—	$6.5M	—
Short	KuCoin MOVEUSDTM	0.009310	0.0100	get 0.0050% / 4h	2h 06m	$1.1M	$26K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now +0.140%Rate

Funding earned: −$12.18
Price spread: +0.140% → −0.074%: $21.39
Slippage, 4 orders: −$863.7
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$876.49
Costs to cover: 8.857%
Break-even: never at this rate

Slippage from BingX: live order book, 15 min ago; KuCoin: live order book, 4 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 BingX live order book, 15 min ago	5.89 bp	24.7 bp −$25	99.2 bp −$992	641.2 bp −$64.1K	1047.5 bp −$523.7K
Sell KuCoin live order book, 4 min ago	21.50 bp	398.0 bp −$398	doesn't fit	doesn't fit	doesn't fit

MOVE on 13 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	−3.948%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009319	+0.237%	$228K	$204K	3x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009325	+0.301%	$1.9M	$656K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009322	+0.269%	$981K	$1.0M	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009300	+0.032%	$417K	$291K	25x	as long as short
KuCoin MOVEUSDTMshort	+0.0100%	4h	0.009310	+0.140%	$1.1M	$26K	25x
Bitget MOVEUSDT	+0.0100%	4h	0.009327	+0.323%	$828K	$422K	25x	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009328	+0.337%	$6K	$1K	—	as long as short
Extended MOVE-USD	+0.0136%	1h	0.009323	+0.275%	$10K	$121K	5x	as long as short
MEXC MOVE_USDT	+0.0136%	4h	0.009324	+0.290%	$3.8M	$219K	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MOVEUSDT	+0.0139%	4h	0.009317	+0.215%	$2.0M	$4.2M	25x	as long as short
BingX MOVE-USDTlong	+0.0158%	4h	0.009297	long leg	—	$6.5M	—
Aster MOVEUSDT	+0.0509%	4h	0.009296	−0.010%	$12K	$10K	5x	as long as short