MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.21 per $10,000 · paid last 24h +0.013%

Price spread now: MEXC against BingX−0.214%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$560.563% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.260%−$26 on $10k

Price spread, last 7 days+0.198%+$20 · spread now −0.214%, 7d avg −0.015%

Together, before fees−0.063%−$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and MEXC is 0.199% cheaper against BingX than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.015%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX MOVE-USDT	0.009345	0.0142	pay 0.0071% / 4h	2h 57m	—	$6.5M	—
Short	MEXC MOVE_USDT	0.009325	0.0100	get 0.0050% / 4h	2h 57m	$3.8M	$227K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.214%Rate

Funding earned: −$8.82
Price spread: −0.214% → −0.015%: −$19.88
Slippage, 4 orders: −$42.29
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$85
Costs to cover: 0.563%
Break-even: never at this rate

Slippage from BingX: live order book, 8 min ago; MEXC: live order book, 5 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, 8 min ago	4.81 bp	20.0 bp −$20	75.2 bp −$752	548.6 bp −$54.9K	842.4 bp −$421.2K
Sell MEXC live order book, 5 min ago	1.61 bp	8.3 bp −$8	35.8 bp −$358	270.1 bp −$27.0K	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	−0.0724%	4h	0.009323	−0.235%	$1.9M	$676K	25x	as long as short
Injective MOVE/USDC PERP	+0.0033%	1h	0.008930	−4.441%	$722	$21K	12x	as long as short
BloFin MOVE-USDT	+0.0083%	4h	0.009329	−0.171%	$121K	$12K	75x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009334	−0.118%	$230K	$218K	3x	as long as short
Aster MOVEUSDT	+0.0100%	4h	0.009361	+0.173%	$11K	$12K	5x	as long as short
Binance MOVEUSDT	+0.0100%	4h	0.009327	−0.193%	$2.0M	$4.2M	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009325	−0.214%	$982K	$1.0M	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009340	−0.054%	$421K	$335K	25x	as long as short
MEXC MOVE_USDTshort	+0.0100%	4h	0.009325	−0.214%	$3.8M	$227K	20x
KuCoin MOVEUSDTM	+0.0100%	4h	0.009350	+0.054%	$1.2M	$40K	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MOVEUSDT	+0.0100%	4h	0.009341	−0.043%	$856K	$423K	25x	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009355	+0.109%	$6K	$2K	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009331	−0.154%	$10K	$143K	5x	as long as short
BingX MOVE-USDTlong	+0.0142%	4h	0.009345	long leg	—	$6.5M	—