Funding arb · Price arb /

MOVE

all MOVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.098%

Price spread now: KuCoin against Aster−0.294%7-day average — · you buy dearer than you sell

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

Long on Aster Short on KuCoin

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.294% cheaper against Aster than usual: you would sell low and buy high, −$29 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster MOVEUSDT	0.009358	0.0100	pay 0.0050% / 4h	2h 53m	$11K	$12K	5x
Short	KuCoin MOVEUSDTM	0.009330	0.0100	get 0.0050% / 4h	2h 53m	$1.1M	$39K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.294%Rate

Funding earned: $0
Price spread: −0.294% → 0.000%: −$29.43
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$49.43
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 1 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 KuCoin live order book, 1 min ago	5.36 bp	352.2 bp −$352	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
Bybit MOVEUSDT	−0.0984%	4h	0.009332	−0.273%	$1.9M	$672K	25x	as long as short
Injective MOVE/USDC PERP	+0.0033%	1h	0.008930	−4.569%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009339	−0.198%	$228K	$214K	3x	as long as short
Aster MOVEUSDTlong	+0.0100%	4h	0.009358	long leg	$11K	$12K	5x
Binance MOVEUSDT	+0.0100%	4h	0.009336	−0.230%	$2.0M	$4.1M	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009343	−0.155%	$981K	$1.0M	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009330	−0.294%	$421K	$336K	25x	as long as short
MEXC MOVE_USDT	+0.0100%	4h	0.009339	−0.198%	$3.8M	$228K	20x	as long as short
KuCoin MOVEUSDTMshort	+0.0100%	4h	0.009330	−0.294%	$1.1M	$39K	25x
Bitget MOVEUSDT	+0.0100%	4h	0.009342	−0.166%	$848K	$425K	25x	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	0.009325	−0.348%	$6K	$2K	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009335	−0.242%	$10K	$143K	5x	as long as short
BloFin MOVE-USDT	+0.0138%	4h	0.009353	−0.049%	$122K	$12K	75x	as long as short
BingX MOVE-USDT	+0.0142%	4h	0.009336	−0.230%	—	$6.5M	—	as long as short