MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.25 per $10,000 · paid last 24h +0.076%

Price spread now: Binance against KuCoin+0.235%7-day average +0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$580as in the Funding arb table

Net, price: spread back to 7d avg − costs−$564as in the Price arb table

costs, in and out, $10k−$5825.820% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 7 days−0.159%−$16 · spread now +0.235%, 7d avg +0.057%

Together, before fees−0.139%−$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.178% dearer against KuCoin than usual: you sell high and buy low (spread +0.235% now, against its 7-day average of +0.057%): +$18 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MOVEUSDTM	0.009360	0.0100	pay 0.0050% / 4h	20m 24s	$1.2M	$30K	25x
Short	Binance MOVEUSDT	0.009382	0.0051	get 0.0025% / 4h	20m 24s	$2.0M	$4.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.235%Rate

Funding earned: −$10.3
Price spread: +0.235% → +0.057%: $17.76
Slippage, 4 orders: −$560.02
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$574.56
Costs to cover: 5.820%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 2 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, 5 min ago	21.32 bp	221.3 bp −$221	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	2.13 bp	15.5 bp −$16	114.2 bp −$1,142	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
Bybit MOVEUSDT	−0.0129%	4h	0.009387	+0.288%	$1.9M	$670K	25x	as long as short
BloFin MOVE-USDT	+0.0025%	4h	0.009376	+0.171%	$120K	$11K	75x	as long as short
Injective MOVE/USDC PERP	+0.0033%	1h	0.008930	−4.594%	$722	$21K	12x	as long as short
Extended MOVE-USD	+0.0048%	1h	0.009375	+0.159%	$10K	$143K	5x	as long as short
MEXC MOVE_USDT	+0.0050%	4h	0.009381	+0.224%	$3.8M	$213K	20x	as long as short
Binance MOVEUSDTshort	+0.0051%	4h	0.009382	+0.235%	$2.0M	$4.2M	25x
Hyperliquid MOVE	+0.0100%	1h	0.009382	+0.235%	$231K	$206K	3x	as long as short
Aster MOVEUSDT	+0.0100%	4h	0.009339	−0.224%	$12K	$10K	5x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009383	+0.246%	$991K	$1.0M	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009370	+0.107%	$424K	$344K	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	0.009360	long leg	$1.2M	$30K	25x
Bitget MOVEUSDT	+0.0100%	4h	0.009385	+0.267%	$839K	$410K	25x	as long as short
BingX MOVE-USDT	+0.0100%	4h	0.009382	+0.235%	—	$6.5M	—	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009389	+0.307%	$6K	$1K	—	as long as short