MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0112%/8h= −12.3% APRnext payment −$0.56 per $10,000 · paid last 24h +0.072%

Price spread now: MEXC against KuCoin+0.128%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$658as in the Funding arb table

Net, price: spread back to 7d avg − costs−$653as in the Price arb table

costs, in and out, $10k−$6596.595% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$2 on $10k

Price spread, last 7 days−0.058%−$6 · spread now +0.128%, 7d avg +0.060%

Together, before fees−0.043%−$4 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.068% dearer against KuCoin than usual: you sell high and buy low (spread +0.128% now, against its 7-day average of +0.060%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MOVEUSDTM	0.009340	0.0100	pay 0.0050% / 4h	37m 57s	$1.1M	$31K	25x
Short	MEXC MOVE_USDT	0.009352	−0.0012	pay 0.0006% / 4h	37m 57s	$3.8M	$212K	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 +0.128%Rate

Funding earned: −$23.52
Price spread: +0.128% → +0.060%: $6.81
Slippage, 4 orders: −$643.48
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$676.19
Costs to cover: 6.595%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; MEXC: live order book, 4 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, 2 min ago	16.03 bp	243.1 bp −$243	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.53 bp	13.5 bp −$13	73.9 bp −$739	159.4 bp −$15.9K	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
Bybit MOVEUSDT	−0.0265%	4h	0.009360	+0.214%	$1.9M	$659K	25x	as long as short
MEXC MOVE_USDTshort	−0.0012%	4h	0.009352	+0.128%	$3.8M	$212K	20x
BloFin MOVE-USDT	+0.0008%	4h	0.009356	+0.171%	$121K	$12K	75x	as long as short
Extended MOVE-USD	+0.0024%	1h	0.009351	+0.120%	$10K	$143K	5x	as long as short
Binance MOVEUSDT	+0.0025%	4h	0.009353	+0.139%	$2.0M	$4.1M	25x	as long as short
Injective MOVE/USDC PERP	+0.0033%	1h	0.008930	−4.390%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009354	+0.150%	$230K	$205K	3x	as long as short
Aster MOVEUSDT	+0.0100%	4h	0.009342	+0.018%	$12K	$10K	5x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009362	+0.236%	$990K	$1.0M	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009360	+0.214%	$423K	$342K	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MOVEUSDTMlong	+0.0100%	4h	0.009340	long leg	$1.1M	$31K	25x
Bitget MOVEUSDT	+0.0100%	4h	0.009347	+0.075%	$836K	$411K	25x	as long as short
BingX MOVE-USDT	+0.0100%	4h	0.009362	+0.236%	—	$6.5M	—	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009374	+0.362%	$6K	$1K	—	as long as short