Funding arb · Price arb /

MOVE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.088%

Price spread now: KuCoin against MEXC+0.011%7-day average −0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,016as in the Funding arb table

Net, price: spread back to 7d avg − costs−$989as in the Price arb table

costs, in and out, $10k−$9969.956% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.203%−$20 on $10k

Price spread, last 7 days−0.066%−$7 · spread now +0.011%, 7d avg −0.053%

Together, before fees−0.269%−$27 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: KuCoin is 0.064% dearer against MEXC than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC MOVE_USDT	0.009179	0.0100	pay 0.0050% / 4h	10m 40s	$3.7M	$186K	20x
Short	KuCoin MOVEUSDTM	0.009180	0.0100	get 0.0050% / 4h	10m 40s	$1.1M	$20K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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 MEXCbpFee KuCoinbpOrdersPrice spread, now +0.011%Rate

Funding earned: $0
Price spread: +0.011% → −0.053%: $6.42
Slippage, 4 orders: −$979.64
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$989.22
Costs to cover: 9.956%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; KuCoin: 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 MEXC live order book, 5 min ago	2.18 bp	11.4 bp −$11	65.3 bp −$653	312.1 bp −$31.2K	doesn't fit
Sell KuCoin live order book, 7 min ago	16.31 bp	494.9 bp −$495	doesn't fit	doesn't fit	doesn't fit

MOVE on 14 exchanges

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	−0.0099%	4h	0.009191	+0.131%	$1.9M	$535K	25x	as long as short
Injective MOVE/USDC PERP	+0.0033%	1h	0.009310	+1.427%	$753	$100	12x	as long as short
BloFin MOVE-USDT	+0.0066%	4h	0.009186	+0.076%	$113K	$4K	75x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009177	−0.022%	$224K	$184K	3x	as long as short
Aster MOVEUSDT	+0.0100%	4h	0.009192	+0.142%	$11K	$9K	5x	as long as short
Binance MOVEUSDT	+0.0100%	4h	0.009185	+0.065%	$1.9M	$4.1M	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009194	+0.163%	$925K	$814K	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009190	+0.120%	$397K	$226K	25x	as long as short
MEXC MOVE_USDTlong	+0.0100%	4h	0.009179	long leg	$3.7M	$186K	20x
KuCoin MOVEUSDTMshort	+0.0100%	4h	0.009180	+0.011%	$1.1M	$20K	25x

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MOVEUSDT	+0.0100%	4h	0.009190	+0.120%	$826K	$298K	25x	as long as short
BingX MOVE-USDT	+0.0100%	4h	0.009193	+0.153%	—	$6.5M	—	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009192	+0.147%	$7K	$843	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009182	+0.033%	$12K	$232K	5x	as long as short