MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0812%/8h= −88.9% APRnext payment −$4.06 per $10,000 · paid last 24h −0.088%

Price spread now: Bitget against MEXC+0.065%7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$740.736% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.055%−$5 on $10k

Price spread, last 4 days (all we have)−0.204%−$20 · spread now +0.065%, 7d avg +0.027%

Together, before fees−0.258%−$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.038% dearer against MEXC than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of +0.027%): +$4 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.055% in total) that is about 4.9 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.055% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.06 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	MEXC MOVE_USDT	0.009280	0.0912	pay 0.0456% / 4h	3h 48m	$3.7M	$214K	20x
Short	Bitget MOVEUSDT	0.009286	0.0100	get 0.0050% / 4h	3h 48m	$848K	$377K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.065%Rate

Funding earned: −$170.52
Price spread: +0.065% → +0.027%: $3.81
Slippage, 4 orders: −$57.59
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$240.3
Costs to cover: 0.736%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Bitget: live order book, 48 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, 4 min ago	2.16 bp	12.1 bp −$12	67.9 bp −$679	284.4 bp −$28.4K	doesn't fit
Sell Bitget live order book, 48 min ago	7.01 bp	26.6 bp −$27	193.2 bp −$1,932	doesn't fit	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
Injective MOVE/USDC PERP	+0.0033%	1h	0.009310	+0.323%	$753	$100	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009280	0.000%	$230K	$197K	3x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009277	−0.032%	$1.9M	$624K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009285	+0.054%	$969K	$922K	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009270	−0.108%	$409K	$241K	25x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009270	−0.108%	$1.1M	$19K	25x	as long as short
Bitget MOVEUSDTshort	+0.0100%	4h	0.009286	+0.065%	$848K	$377K	25x
Variational Omni MOVE	+0.0100%	4h	0.009273	−0.070%	$7K	$2K	—	as long as short
Binance MOVEUSDT	+0.0884%	4h	0.009283	+0.032%	$2.0M	$4.4M	25x	as long as short
Extended MOVE-USD	+0.0888%	1h	0.009280	+0.005%	$12K	$188K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC MOVE_USDTlong	+0.0912%	4h	0.009280	long leg	$3.7M	$214K	20x
BloFin MOVE-USDT	+0.0928%	4h	0.009277	−0.032%	$115K	$4K	75x	as long as short
BingX MOVE-USDT	+0.1020%	4h	0.009277	−0.032%	—	$6.5M	—	as long as short
Aster MOVEUSDT	+0.1228%	4h	0.009271	−0.102%	$11K	$10K	5x	as long as short