MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0656%/8h= +71.9% APRnext payment +$3.28 per $10,000 · paid last 24h +0.072%

Price spread now: MEXC against Bybit−0.021%7-day average −0.060% · you buy dearer than you sell

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$111as in the Price arb table

costs, in and out, $10k−$1151.150% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.100%+$10 on $10k

Price spread, last 7 days−0.130%−$13 · spread now −0.021%, 7d avg −0.060%

Together, before fees−0.030%−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and MEXC is 0.039% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.060%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.100% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.28 per $10,000. 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	Bybit MOVEUSDT	0.009344	−0.0556	get 0.0278% / 4h	2h 44m	$1.9M	$661K	25x
Short	MEXC MOVE_USDT	0.009342	0.0100	get 0.0050% / 4h	2h 44m	$3.8M	$228K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.021%Rate

Funding earned: $137.83
Price spread: −0.021% → −0.060%: $3.89
Slippage, 4 orders: −$100.04
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 2 bp × 2 orders: −$4
Net: $26.68
Costs to cover: 1.150%
Break-even: 5.6 days

Slippage from Bybit: live order book, 2 min ago; MEXC: 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 Bybit live order book, 2 min ago	5.35 bp	57.8 bp −$58	173.2 bp −$1,732	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.07 bp	9.0 bp −$9	51.6 bp −$516	284.4 bp −$28.4K	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 MOVEUSDTlong	−0.0556%	4h	0.009344	long leg	$1.9M	$661K	25x
Injective MOVE/USDC PERP	+0.0033%	1h	0.008930	−4.431%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009340	−0.043%	$228K	$214K	3x	as long as short
Aster MOVEUSDT	+0.0100%	4h	0.009371	+0.288%	$11K	$12K	5x	as long as short
Binance MOVEUSDT	+0.0100%	4h	0.009342	−0.017%	$2.0M	$4.1M	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009336	−0.086%	$982K	$1.0M	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009340	−0.043%	$421K	$337K	25x	as long as short
MEXC MOVE_USDTshort	+0.0100%	4h	0.009342	−0.021%	$3.8M	$228K	20x
KuCoin MOVEUSDTM	+0.0100%	4h	0.009350	+0.064%	$1.2M	$38K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009349	+0.054%	$849K	$425K	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MOVE-USDT	+0.0100%	4h	0.009349	+0.054%	—	$6.5M	—	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009345	+0.011%	$6K	$2K	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009343	−0.010%	$10K	$143K	5x	as long as short
BloFin MOVE-USDT	+0.0106%	4h	0.009346	+0.021%	$122K	$12K	75x	as long as short