Settings8H · net · $10k
Funding arb · Price arb /

MOVE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0252%/8h= +27.6% APRnext payment +$1.26 per $10,000 · paid last 24h +0.072%
Price spread now: MEXC against Bitget+0.043%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$840.843% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.064%−$6 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now +0.043%, 7d avg −0.023%
Together, before fees−0.063%−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and MEXC is 0.066% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.023%. Mind the row above: over the last 7 days funding on this pair cost −0.064%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.064% in total (about -3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MOVEUSDT0.0092880.0100pay 0.0050% / 4h2h 12m$847K$415K25x
ShortMEXC MOVE_USDT0.0092920.0352get 0.0176% / 4h2h 12m$3.7M$217K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. 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

Funding earned
$52.92
Price spread: +0.043% → −0.023%
$6.57
Slippage, 4 orders
−$68.27
Fee Bitget: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$24.78
Costs to cover
0.843%
Break-even
10.3 days
Slippage from Bitget: live order book, 33 min ago; MEXC: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 33 min ago7.04 bp31.7 bp −$32259.0 bp −$2,590doesn't fitdoesn't fit
Sell MEXC live order book, 5 min ago1.63 bp8.1 bp −$850.6 bp −$506210.4 bp −$21.0Kdoesn't fit

MOVE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective MOVE/USDC PERP+0.0033%1h0.008930−3.854%$722$21K12xas long as short
Hyperliquid MOVE+0.0100%1h0.009295+0.075%$231K$203K3xas long as short
Bybit MOVEUSDT+0.0100%4h0.009293+0.054%$2.0M$648K25xas long as short
OKX MOVE-USDT-SWAP+0.0100%4h0.009290+0.022%$983K$955K20xas long as short
Gate MOVE_USDT+0.0100%8h0.009290+0.022%$409K$277K25xas long as short
KuCoin MOVEUSDTM+0.0100%4h0.009280−0.086%$1.1M$28K25xas long as short
Bitget MOVEUSDTlong+0.0100%4h0.009288long leg$847K$415K25x
Variational Omni MOVE+0.0100%4h0.009193−1.018%$6K$1Kas long as short
MEXC MOVE_USDTshort+0.0352%4h0.009292+0.043%$3.7M$217K20x
BingX MOVE-USDT+0.0352%4h0.009275−0.140%$6.5Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MOVEUSDT+0.0359%4h0.009293+0.054%$2.0M$4.4M25xas long as short
Extended MOVE-USD+0.0360%1h0.009291+0.028%$11K$167K5xas long as short
BloFin MOVE-USDT+0.0365%4h0.009286−0.022%$118K$10K75xas long as short
Aster MOVEUSDT+0.0397%4h0.009297+0.094%$10K$11K5xas long as short