MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0111%/8h= +12.2% APRnext payment +$0.56 per $10,000 · paid last 24h +0.074%

Price spread now: Binance against KuCoin+0.089%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$746as in the Funding arb table

Net, price: spread back to 7d avg − costs−$750as in the Price arb table

costs, in and out, $10k−$7547.535% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.075%+$7 on $10k

Price spread, last 7 days+0.101%+$10 · spread now +0.089%, 7d avg +0.056%

Together, before fees+0.175%+$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.033% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MOVEUSDTM	0.009180	0.0100	pay 0.0050% / 4h	2h 38m	$1.1M	$27K	25x
Short	Binance MOVEUSDT	0.009188	0.0211	get 0.0106% / 4h	2h 38m	$2.0M	$4.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.089%Rate

Funding earned: $23.36
Price spread: +0.089% → +0.056%: $3.31
Slippage, 4 orders: −$731.54
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$726.87
Costs to cover: 7.535%
Break-even: 224.8 days

Slippage from KuCoin: live order book, 1 min ago; Binance: live order book, 13 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 KuCoin live order book, 1 min ago	10.92 bp	294.1 bp −$294	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	3.24 bp	17.2 bp −$17	88.4 bp −$884	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
Injective MOVE/USDC PERP	+0.0033%	1h	0.008930	−2.723%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009161	−0.207%	$228K	$199K	3x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009173	−0.076%	$1.9M	$639K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009157	−0.251%	$971K	$934K	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009150	−0.327%	$406K	$265K	25x	as long as short
KuCoin MOVEUSDTMlong	+0.0100%	4h	0.009180	long leg	$1.1M	$27K	25x
Bitget MOVEUSDT	+0.0100%	4h	0.009170	−0.109%	$814K	$400K	25x	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009174	−0.070%	$6K	$1K	—	as long as short
MEXC MOVE_USDT	+0.0172%	4h	0.009176	−0.044%	$3.7M	$214K	20x	as long as short
Extended MOVE-USD	+0.0208%	1h	0.009186	+0.063%	$10K	$163K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MOVEUSDTshort	+0.0211%	4h	0.009188	+0.089%	$2.0M	$4.3M	25x
BloFin MOVE-USDT	+0.0229%	4h	0.009156	−0.261%	$119K	$10K	75x	as long as short
Aster MOVEUSDT	+0.0265%	4h	0.009203	+0.250%	$10K	$11K	5x	as long as short
BingX MOVE-USDT	+0.0294%	4h	0.009170	−0.109%	—	$6.5M	—	as long as short