Funding arb · Price arb /

MOVE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0316%/8h= −34.6% APRpaid last 24h −0.098%

Price spread now: Gate against Aster+0.038%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Gate

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Gate is 0.038% dearer against Aster than usual: you sell high and buy low (spread +0.038% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MOVEUSDT	0.009306	0.0416	pay 0.0208% / 4h	2h 52m	$12K	$10K	5x
Short	Gate MOVE_USDT	0.009310	0.0100	get 0.0100% / 8h	6h 52m	$418K	$280K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Aster. 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 AsterbpFee GatebpOrdersPrice spread, now +0.038%Rate

Funding earned: −$66.32
Price spread: +0.038% → 0.000%: $3.81
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$85.51
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Gate: live order book, 13 min ago. Net counts fees only.

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 Aster no order-book sample	—	—	—	—	—
Sell Gate live order book, 13 min ago	10.62 bp	62.0 bp −$62	doesn't fit	doesn't fit	doesn't fit

Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.008930	−4.045%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009335	+0.307%	$228K	$208K	3x	as long as short
Binance MOVEUSDT	+0.0100%	4h	0.009334	+0.297%	$2.0M	$4.2M	25x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009323	+0.178%	$1.9M	$667K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009339	+0.350%	$981K	$1.0M	20x	as long as short
Gate MOVE_USDTshort	+0.0100%	8h	0.009310	+0.038%	$418K	$280K	25x
MEXC MOVE_USDT	+0.0100%	4h	0.009335	+0.307%	$3.8M	$212K	20x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009310	+0.038%	$1.1M	$26K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009321	+0.156%	$828K	$429K	25x	as long as short
BingX MOVE-USDT	+0.0100%	4h	0.009324	+0.189%	—	$6.5M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MOVE	+0.0100%	4h	0.009284	−0.246%	$6K	$1K	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009330	+0.251%	$11K	$123K	5x	as long as short
BloFin MOVE-USDT	+0.0125%	4h	0.009326	+0.210%	$122K	$10K	75x	as long as short
Aster MOVEUSDTlong	+0.0416%	4h	0.009306	long leg	$12K	$10K	5x