Funding arb · Price arb /

MOVE

all MOVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.072%

Price spread now: KuCoin against MEXC−0.352%7-day average −0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs−$538as in the Funding arb table

Net, price: spread back to 7d avg − costs−$563as in the Price arb table

costs, in and out, $10k−$5335.334% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 7 days+0.253%+$25 · spread now −0.352%, 7d avg −0.061%

Together, before fees+0.206%+$21 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.291% cheaper against MEXC than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of −0.061%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC MOVE_USDT	0.009373	0.0100	pay 0.0050% / 4h	3h 48m	$3.8M	$211K	20x
Short	KuCoin MOVEUSDTM	0.009340	0.0100	get 0.0050% / 4h	3h 48m	$1.1M	$30K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.352%Rate

Funding earned: $0
Price spread: −0.352% → −0.061%: −$29.14
Slippage, 4 orders: −$517.4
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$562.54
Costs to cover: 5.334%
Break-even: never at this rate

Slippage from MEXC: live order book, 9 min ago; KuCoin: live order book, 6 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, 9 min ago	3.71 bp	10.2 bp −$10	63.8 bp −$638	144.5 bp −$14.4K	doesn't fit
Sell KuCoin live order book, 6 min ago	15.95 bp	229.7 bp −$230	doesn't fit	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	−0.0943%	4h	0.009354	−0.203%	$1.9M	$667K	25x	as long as short
Injective MOVE/USDC PERP	+0.0033%	1h	0.008930	−4.726%	$722	$21K	12x	as long as short
BloFin MOVE-USDT	+0.0042%	4h	0.009366	−0.075%	$121K	$11K	75x	as long as short
Gate MOVE_USDT	+0.0068%	8h	0.009360	−0.139%	$423K	$328K	25x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009365	−0.085%	$231K	$203K	3x	as long as short
Aster MOVEUSDT	+0.0100%	4h	0.009325	−0.516%	$12K	$10K	5x	as long as short
Binance MOVEUSDT	+0.0100%	4h	0.009364	−0.096%	$2.0M	$4.2M	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009363	−0.107%	$987K	$1.0M	20x	as long as short
MEXC MOVE_USDTlong	+0.0100%	4h	0.009373	long leg	$3.8M	$211K	20x
KuCoin MOVEUSDTMshort	+0.0100%	4h	0.009340	−0.352%	$1.1M	$30K	25x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MOVEUSDT	+0.0100%	4h	0.009363	−0.107%	$828K	$421K	25x	as long as short
BingX MOVE-USDT	+0.0100%	4h	0.009375	+0.021%	—	$6.5M	—	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009379	+0.059%	$6K	$1K	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009372	−0.011%	$12K	$144K	5x	as long as short