MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0674%/8h= +73.8% APRnext payment +$3.37 per $10,000 · paid last 24h +0.060%

Price spread now: BingX against KuCoin+0.271%7-day average +0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$428as in the Funding arb table

Net, price: spread back to 7d avg − costs−$435as in the Price arb table

costs, in and out, $10k−$4554.548% 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−0.134%−$13 · spread now +0.271%, 7d avg +0.073%

Together, before fees+0.130%+$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and BingX is 0.198% dearer against KuCoin than usual: you sell high and buy low: +$20 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 +$3.37 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	0.009240	0.0100	pay 0.0050% / 4h	18m 05s	$1.1M	$19K	25x
Short	BingX MOVE-USDT	0.009265	0.0774	get 0.0387% / 4h	18m 05s	—	$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 +0.271%Rate

Funding earned: $141.54
Price spread: +0.271% → +0.073%: $19.76
Slippage, 4 orders: −$432.81
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$293.51
Costs to cover: 4.548%
Break-even: 21.5 days

Slippage from KuCoin: live order book, 7 min ago; BingX: live order book, 8 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, 7 min ago	21.65 bp	176.5 bp −$176	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	6.49 bp	20.7 bp −$21	113.0 bp −$1,130	625.8 bp −$62.6K	976.2 bp −$488.1K

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	+0.758%	$753	$100	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009266	+0.281%	$231K	$205K	3x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009260	+0.216%	$1.9M	$630K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009286	+0.498%	$971K	$935K	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009260	+0.216%	$409K	$265K	25x	as long as short
KuCoin MOVEUSDTMlong	+0.0100%	4h	0.009240	long leg	$1.1M	$19K	25x
Bitget MOVEUSDT	+0.0100%	4h	0.009248	+0.087%	$845K	$384K	25x	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009253	+0.145%	$7K	$2K	—	as long as short
BingX MOVE-USDTshort	+0.0774%	4h	0.009265	+0.271%	—	$6.5M	—
MEXC MOVE_USDT	+0.0828%	4h	0.009260	+0.216%	$3.7M	$218K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MOVEUSDT	+0.0828%	4h	0.009261	+0.226%	$2.0M	$4.5M	25x	as long as short
Extended MOVE-USD	+0.0832%	1h	0.009258	+0.194%	$11K	$191K	5x	as long as short
BloFin MOVE-USDT	+0.0871%	4h	0.009255	+0.162%	$117K	$4K	75x	as long as short
Aster MOVEUSDT	+0.1197%	4h	0.009220	−0.216%	$11K	$10K	5x	as long as short