Funding you earn now, next payment 08:00 UTC+0.0254%/8h= +27.8% APRnext payment +$1.27 per $10,000 · paid last 24h +0.072%
Price spread now: MEXC against Bitget−0.098%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$840.843% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 4 days (all we have)+0.141%+$14 · spread now −0.098%, 7d avg −0.023%
=Funding pays, the price is against you. MEXC is 0.075% cheaper against Bitget than usual: you would sell low and buy high (spread −0.098% now, against its 7-day average of −0.023%). If the spread goes back, that is −$7 on $10k: about 24 hours of funding at the current rate (+$8 a day). 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 +$1.27 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 | Bitget MOVEUSDT | 0.009228 | 0.0100 | pay 0.0050% / 4h | 2h 14m | $839K | $414K | 25x |
| Short | MEXC MOVE_USDT | 0.009219 | 0.0354 | get 0.0177% / 4h | 2h 14m | $3.7M | $217K | 20x |
Bitget MOVEUSDT
MEXC MOVE_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $53.34
- Price spread: −0.098% → −0.023%
- −$7.49
- Slippage, 4 orders
- −$68.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$38.42
- Costs to cover
- 0.843%
- Break-even
- 12.0 days
Slippage from Bitget: live order book, 31 min ago; MEXC: live order book, 3 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 Bitget live order book, 31 min ago | 7.04 bp | 31.7 bp −$32 | 259.0 bp −$2,590 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.63 bp | 8.1 bp −$8 | 50.6 bp −$506 | 210.4 bp −$21.0K | 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 | 0.008930 | −3.229% | $722 | $21K | 12x | as long as short |
| Hyperliquid MOVE | +0.0100% | 1h | 0.009224 | −0.043% | $230K | $201K | 3x | as long as short |
| Bybit MOVEUSDT | +0.0100% | 4h | 0.009210 | −0.195% | $1.9M | $642K | 25x | as long as short |
| OKX MOVE-USDT-SWAP | +0.0100% | 4h | 0.009222 | −0.065% | $976K | $944K | 20x | as long as short |
| Gate MOVE_USDT | +0.0100% | 8h | 0.009210 | −0.195% | $406K | $274K | 25x | as long as short |
| KuCoin MOVEUSDTM | +0.0100% | 4h | 0.009210 | −0.195% | $1.1M | $28K | 25x | as long as short |
| Bitget MOVEUSDTlong | +0.0100% | 4h | 0.009228 | long leg | $839K | $414K | 25x | |
| Variational Omni MOVE | +0.0100% | 4h | 0.009193 | −0.374% | $6K | $1K | — | as long as short |
| Extended MOVE-USD | +0.0352% | 1h | 0.009216 | −0.131% | $11K | $167K | 5x | as long as short |
| Binance MOVEUSDT | +0.0353% | 4h | 0.009220 | −0.088% | $2.0M | $4.4M | 25x | as long as short |
Injective MOVE/USDC PERP
Hyperliquid MOVE
Bybit MOVEUSDT
OKX MOVE-USDT-SWAP
Gate MOVE_USDT
KuCoin MOVEUSDTM
Variational Omni MOVE
Extended MOVE-USD
Binance MOVEUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MOVE_USDTshort | +0.0354% | 4h | 0.009219 | −0.098% | $3.7M | $217K | 20x | |
| BingX MOVE-USDT | +0.0354% | 4h | 0.009215 | −0.141% | — | $6.5M | — | as long as short |
| BloFin MOVE-USDT | +0.0360% | 4h | 0.009199 | −0.314% | $117K | $10K | 75x | as long as short |
| Aster MOVEUSDT | +0.0394% | 4h | 0.009202 | −0.282% | $10K | $11K | 5x | as long as short |
BingX MOVE-USDT
BloFin MOVE-USDT
Aster MOVEUSDT