MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.27 per $10,000 · paid last 24h +0.012%

Price spread now: MEXC against BingX−0.119%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$73as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$610.612% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.115%−$11 on $10k

Price spread, last 7 days+0.167%+$17 · spread now −0.119%, 7d avg −0.019%

Together, before fees+0.052%+$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. MEXC is 0.100% cheaper against BingX than usual: you would sell low and buy high (spread −0.119% now, against its 7-day average of −0.019%). If the spread goes back, that is −$10 on $10k: about 6.3 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.115%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX MOVE-USDT	0.009265	0.0483	pay 0.0241% / 4h	2h 18m	—	$6.5M	—
Short	MEXC MOVE_USDT	0.009254	0.0536	get 0.0268% / 4h	2h 18m	$3.7M	$200K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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 BingXbpFee MEXCbpOrdersPrice spread, now −0.119%Rate

Funding earned: $11.17
Price spread: −0.119% → −0.019%: −$10.01
Slippage, 4 orders: −$47.2
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$60.03
Costs to cover: 0.612%
Break-even: 44.6 days

Slippage from BingX: live order book, 10 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 BingX live order book, 10 min ago	4.85 bp	22.5 bp −$22	105.3 bp −$1,053	596.1 bp −$59.6K	964.8 bp −$482.4K
Sell MEXC live order book, 2 min ago	0.54 bp	9.2 bp −$9	54.1 bp −$541	266.0 bp −$26.6K	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
Injective MOVE/USDC PERP	+0.0033%	1h	0.009310	+0.486%	$753	$100	12x	as long as short
Bybit MOVEUSDT	+0.0094%	4h	0.009260	−0.054%	$1.9M	$558K	25x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009261	−0.043%	$229K	$186K	3x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009263	−0.022%	$955K	$858K	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009270	+0.054%	$407K	$229K	25x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009270	+0.054%	$1.1M	$18K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009271	+0.065%	$848K	$344K	25x	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009263	−0.020%	$7K	$1K	—	as long as short
BingX MOVE-USDTlong	+0.0483%	4h	0.009265	long leg	—	$6.5M	—
BloFin MOVE-USDT	+0.0501%	4h	0.009246	−0.205%	$114K	$4K	75x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended MOVE-USD	+0.0536%	1h	0.009246	−0.203%	$12K	$194K	5x	as long as short
MEXC MOVE_USDTshort	+0.0536%	4h	0.009254	−0.119%	$3.7M	$200K	20x
Binance MOVEUSDT	+0.0538%	4h	0.009257	−0.086%	$2.0M	$4.2M	25x	as long as short
Aster MOVEUSDT	+0.0902%	4h	0.009290	+0.274%	$11K	$11K	5x	as long as short