MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0194%/8h= +21.2% APRnext payment +$0.97 per $10,000 · paid last 24h +0.060%

Price spread now: BingX against KuCoin−0.098%7-day average +0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs−$727as in the Funding arb table

Net, price: spread back to 7d avg − costs−$771as in the Price arb table

costs, in and out, $10k−$7537.534% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.264%+$26 on $10k

Price spread, last 7 days+0.272%+$27 · spread now −0.098%, 7d avg +0.074%

Together, before fees+0.535%+$54 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.172% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.098% now, against its 7-day average of +0.074%). If the spread goes back, that is −$17 on $10k: about 3.0 days of funding at the current rate (+$6 a day).

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	BingX MOVE-USDT	0.009171	0.0294	get 0.0147% / 4h	2h 38m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.098%Rate

Funding earned: $40.74
Price spread: −0.098% → +0.074%: −$17.17
Slippage, 4 orders: −$731.39
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$729.82
Costs to cover: 7.534%
Break-even: 132.4 days

Slippage from KuCoin: live order book, 1 min ago; BingX: live order book, 7 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 BingX live order book, 7 min ago	5.41 bp	18.9 bp −$19	73.1 bp −$731	638.1 bp −$63.8K	1035.4 bp −$517.7K

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	0.009169	−0.120%	$229K	$199K	3x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009175	−0.054%	$1.9M	$635K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009170	−0.109%	$971K	$935K	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	0.009163	−0.185%	$813K	$400K	25x	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009174	−0.070%	$6K	$1K	—	as long as short
Extended MOVE-USD	+0.0208%	1h	0.009179	−0.014%	$10K	$163K	5x	as long as short
MEXC MOVE_USDT	+0.0210%	4h	0.009160	−0.218%	$3.7M	$215K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MOVE-USDT	+0.0229%	4h	0.009156	−0.261%	$119K	$10K	75x	as long as short
Binance MOVEUSDT	+0.0232%	4h	0.009168	−0.131%	$2.0M	$4.3M	25x	as long as short
Aster MOVEUSDT	+0.0265%	4h	0.009206	+0.284%	$10K	$11K	5x	as long as short
BingX MOVE-USDTshort	+0.0294%	4h	0.009171	−0.098%	—	$6.5M	—