MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h −0.013%

Price spread now: BingX against MEXC−0.150%7-day average +0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$690.687% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.234%+$23 on $10k

Price spread, last 7 days+0.125%+$13 · spread now −0.150%, 7d avg +0.016%

Together, before fees+0.359%+$36 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.166% cheaper against MEXC than usual: you would sell low and buy high (spread −0.150% now, against its 7-day average of +0.016%). If the spread goes back, that is −$17 on $10k: about 28 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.234% in total) that is about 5.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC MOVE_USDT	0.009343	0.0138	pay 0.0069% / 4h	2h 04m	$3.8M	$219K	20x
Short	BingX MOVE-USDT	0.009329	0.0158	get 0.0079% / 4h	2h 04m	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now −0.150%Rate

Funding earned: $4.2
Price spread: −0.150% → +0.016%: −$16.62
Slippage, 4 orders: −$54.67
Fee MEXC: 2 bp × 2 orders: −$4
Fee BingX: 5 bp × 2 orders: −$10
Net: −$81.09
Costs to cover: 0.687%
Break-even: 142.1 days

Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 16 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, 3 min ago	1.61 bp	8.5 bp −$8	58.2 bp −$582	129.7 bp −$13.0K	doesn't fit
Sell BingX live order book, 16 min ago	5.89 bp	25.8 bp −$26	121.1 bp −$1,211	607.2 bp −$60.7K	971.5 bp −$485.7K

MOVE on 13 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	−4.420%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009348	+0.054%	$228K	$204K	3x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009345	+0.021%	$1.9M	$655K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009350	+0.075%	$984K	$1.0M	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009330	−0.139%	$419K	$291K	25x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009350	+0.075%	$1.2M	$26K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009344	+0.011%	$830K	$421K	25x	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009328	−0.157%	$6K	$1K	—	as long as short
Extended MOVE-USD	+0.0136%	1h	0.009372	+0.312%	$10K	$121K	5x	as long as short
MEXC MOVE_USDTlong	+0.0138%	4h	0.009343	long leg	$3.8M	$219K	20x

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MOVEUSDT	+0.0149%	4h	0.009359	+0.170%	$2.1M	$4.2M	25x	as long as short
BingX MOVE-USDTshort	+0.0158%	4h	0.009329	−0.150%	—	$6.5M	—
Aster MOVEUSDT	+0.0521%	4h	0.009380	+0.392%	$12K	$10K	5x	as long as short