MOVE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0584%/8h= −63.9% APRnext payment −$2.92 per $10,000 · paid last 24h −0.072%

Price spread now: Bybit against MEXC+0.065%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs−$107as in the Price arb table

costs, in and out, $10k−$1081.084% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.081%−$8 on $10k

Price spread, last 7 days−0.005%−$1 · spread now +0.065%, 7d avg +0.056%

Together, before fees−0.086%−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: −$18 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.081% in total (about -4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.92 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	MEXC MOVE_USDT	0.009234	0.0684	pay 0.0342% / 4h	1h 32m	$3.7M	$216K	20x
Short	Bybit MOVEUSDT	0.009240	0.0100	get 0.0050% / 4h	1h 32m	$1.9M	$656K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.065%Rate

Funding earned: −$122.64
Price spread: +0.065% → +0.056%: $0.86
Slippage, 4 orders: −$93.35
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$230.13
Costs to cover: 1.084%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Bybit: live order book, 5 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, 5 min ago	1.62 bp	9.0 bp −$9	58.8 bp −$588	264.4 bp −$26.4K	doesn't fit
Sell Bybit live order book, 5 min ago	5.41 bp	42.6 bp −$43	155.8 bp −$1,558	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
Injective MOVE/USDC PERP	−0.0885%	1h	0.009310	+0.823%	$753	$100	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009243	+0.097%	$231K	$204K	3x	as long as short
Bybit MOVEUSDTshort	+0.0100%	4h	0.009240	+0.065%	$1.9M	$656K	25x
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009242	+0.087%	$973K	$954K	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009240	+0.065%	$405K	$265K	25x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009240	+0.065%	$1.1M	$28K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009248	+0.152%	$846K	$414K	25x	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009243	+0.102%	$6K	$1K	—	as long as short
BingX MOVE-USDT	+0.0602%	4h	0.009236	+0.022%	—	$6.5M	—	as long as short
Extended MOVE-USD	+0.0680%	1h	0.009232	−0.024%	$10K	$167K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster MOVEUSDT	+0.0681%	4h	0.009234	−0.003%	$10K	$11K	5x	as long as short
Binance MOVEUSDT	+0.0682%	4h	0.009235	+0.010%	$2.0M	$4.5M	25x	as long as short
MEXC MOVE_USDTlong	+0.0684%	4h	0.009234	long leg	$3.7M	$216K	20x
BloFin MOVE-USDT	+0.0735%	4h	0.009234	0.000%	$116K	$5K	75x	as long as short