MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0222%/8h= −24.3% APRnext payment −$1.11 per $10,000 · paid last 24h +0.072%

Price spread now: MEXC against KuCoin+0.278%7-day average +0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$720as in the Funding arb table

Net, price: spread back to 7d avg − costs−$700as in the Price arb table

costs, in and out, $10k−$7227.216% 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−0.220%−$22 · spread now +0.278%, 7d avg +0.061%

Together, before fees−0.204%−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.217% dearer against KuCoin than usual: you sell high and buy low (spread +0.278% now, against its 7-day average of +0.061%): +$22 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.3 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.015% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.11 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	0.009360	0.0100	pay 0.0050% / 4h	1h 45m	$1.2M	$37K	25x
Short	MEXC MOVE_USDT	0.009386	−0.0122	pay 0.0061% / 4h	1h 45m	$3.8M	$217K	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 +0.278%Rate

Funding earned: −$46.62
Price spread: +0.278% → +0.061%: $21.72
Slippage, 4 orders: −$705.62
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$746.51
Costs to cover: 7.216%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; MEXC: 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	16.07 bp	250.5 bp −$250	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.60 bp	8.7 bp −$9	46.9 bp −$469	230.2 bp −$23.0K	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
Bybit MOVEUSDT	−0.0423%	4h	0.009375	+0.160%	$1.9M	$657K	25x	as long as short
Aster MOVEUSDT	−0.0190%	4h	0.009381	+0.221%	$11K	$12K	5x	as long as short
Binance MOVEUSDT	−0.0124%	4h	0.009388	+0.299%	$2.0M	$4.1M	25x	as long as short
MEXC MOVE_USDTshort	−0.0122%	4h	0.009386	+0.278%	$3.8M	$217K	20x
Extended MOVE-USD	−0.0120%	1h	0.009391	+0.333%	$10K	$143K	5x	as long as short
BloFin MOVE-USDT	−0.0101%	4h	0.009378	+0.192%	$121K	$12K	75x	as long as short
Injective MOVE/USDC PERP	+0.0033%	1h	0.008930	−4.594%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009382	+0.235%	$230K	$208K	3x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009383	+0.246%	$987K	$1.0M	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009360	0.000%	$421K	$337K	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	$37K	25x
Bitget MOVEUSDT	+0.0100%	4h	0.009379	+0.203%	$850K	$420K	25x	as long as short
BingX MOVE-USDT	+0.0100%	4h	0.009368	+0.085%	—	$6.5M	—	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009364	+0.044%	$6K	$2K	—	as long as short