MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1204%/8h= +131.8% APRnext payment +$6.02 per $10,000 · paid last 24h +0.060%

Price spread now: BingX against KuCoin+0.195%7-day average +0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$750as in the Funding arb table

Net, price: spread back to 7d avg − costs−$765as in the Price arb table

costs, in and out, $10k−$7777.768% 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−0.089%−$9 · spread now +0.195%, 7d avg +0.073%

Together, before fees+0.175%+$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$36 a day on $10k at the current rate, and BingX is 0.121% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.073%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.264% in total (about 13.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.02 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MOVEUSDTM	0.009250	0.0100	pay 0.0050% / 4h	1h 00m	$1.1M	$22K	25x
Short	BingX MOVE-USDT	0.009268	0.1304	get 0.0652% / 4h	1h 00m	—	$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 +0.195%Rate

Funding earned: $252.84
Price spread: +0.195% → +0.073%: $12.13
Slippage, 4 orders: −$754.75
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$511.78
Costs to cover: 7.768%
Break-even: 21.2 days

Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 5 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	16.17 bp	386.5 bp −$386	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	4.85 bp	17.1 bp −$17	72.7 bp −$727	647.1 bp −$64.7K	1076.9 bp −$538.4K

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	−0.0885%	1h	0.009310	+0.649%	$753	$100	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009266	+0.173%	$231K	$203K	3x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009257	+0.076%	$1.9M	$649K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009270	+0.216%	$976K	$931K	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009260	+0.108%	$407K	$266K	25x	as long as short
KuCoin MOVEUSDTMlong	+0.0100%	4h	0.009250	long leg	$1.1M	$22K	25x
Bitget MOVEUSDT	+0.0100%	4h	0.009269	+0.205%	$851K	$386K	25x	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009253	+0.037%	$6K	$1K	—	as long as short
BingX MOVE-USDTshort	+0.1304%	4h	0.009268	+0.195%	—	$6.5M	—
BloFin MOVE-USDT	+0.1364%	4h	0.009266	+0.173%	$116K	$4K	75x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster MOVEUSDT	+0.1398%	4h	0.009258	+0.086%	$10K	$11K	5x	as long as short
MEXC MOVE_USDT	+0.1402%	4h	0.009260	+0.108%	$3.7M	$219K	20x	as long as short
Binance MOVEUSDT	+0.1422%	4h	0.009262	+0.130%	$2.0M	$4.4M	25x	as long as short
Extended MOVE-USD	+0.1424%	1h	0.009258	+0.085%	$10K	$185K	5x	as long as short