Funding arb · Price arb /

MOVE

all MOVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.072%

Price spread now: MEXC against KuCoin+0.118%7-day average +0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$795as in the Funding arb table

Net, price: spread back to 7d avg − costs−$794as in the Price arb table

costs, in and out, $10k−$8007.995% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.047%+$5 on $10k

Price spread, last 7 days−0.031%−$3 · spread now +0.118%, 7d avg +0.057%

Together, before fees+0.015%+$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.060% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.057%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MOVEUSDTM	0.009350	0.0100	pay 0.0050% / 4h	1h 35m	$1.2M	$26K	25x
Short	MEXC MOVE_USDT	0.009361	0.0100	get 0.0050% / 4h	1h 35m	$3.8M	$211K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.118%Rate

Funding earned: $0
Price spread: +0.118% → +0.057%: $6.03
Slippage, 4 orders: −$783.53
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$793.51
Costs to cover: 7.995%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago	21.46 bp	338.4 bp −$338	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	2.68 bp	8.6 bp −$9	62.9 bp −$629	247.2 bp −$24.7K	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	−4.492%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009356	+0.064%	$228K	$198K	3x	as long as short
Aster MOVEUSDT	+0.0100%	4h	0.009379	+0.311%	$12K	$10K	5x	as long as short
Binance MOVEUSDT	+0.0100%	4h	0.009365	+0.160%	$2.0M	$4.2M	25x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009360	+0.107%	$1.9M	$645K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009370	+0.214%	$984K	$1.0M	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009350	0.000%	$418K	$275K	25x	as long as short
MEXC MOVE_USDTshort	+0.0100%	4h	0.009361	+0.118%	$3.8M	$211K	20x
KuCoin MOVEUSDTMlong	+0.0100%	4h	0.009350	long leg	$1.2M	$26K	25x
Bitget MOVEUSDT	+0.0100%	4h	0.009367	+0.182%	$832K	$420K	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	0.009362	+0.128%	—	$6.5M	—	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009353	+0.034%	$6K	$1K	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009359	+0.098%	$10K	$121K	5x	as long as short
BloFin MOVE-USDT	+0.0133%	4h	0.009346	−0.043%	$121K	$10K	75x	as long as short