Funding arb · Price arb /

MOVE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.037%

Price spread now: Aster against Extended+0.032%7-day average — · you sell dearer than you buy

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

Long on Extended Short on Aster

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 airdropExtended: Active · Aster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.032% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread 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	Extended MOVE-USD	0.009354	0.0024	pay 0.0003% / 1h	36m 58s	$10K	$143K	5x
Short	Aster MOVEUSDT	0.009357	0.0100	get 0.0050% / 4h	36m 58s	$12K	$10K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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 ExtendedbpFee AsterbpOrdersPrice spread, now +0.032%Rate

Funding earned: $15.96
Price spread: +0.032% → 0.000%: $3.21
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: $6.17
Costs to cover: 0.130%
Break-even: 4.3 days

Slippage unknown: Extended: live order book, 39 min ago; Aster: no order-book sample. 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 Extended live order book, 39 min ago	2.14 bp	35.1 bp −$35	249.6 bp −$2,496	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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	−0.0247%	4h	0.009360	+0.062%	$1.9M	$661K	25x	as long as short
Extended MOVE-USDlong	+0.0024%	1h	0.009354	long leg	$10K	$143K	5x
MEXC MOVE_USDT	+0.0024%	4h	0.009354	−0.002%	$3.8M	$212K	20x	as long as short
Binance MOVEUSDT	+0.0025%	4h	0.009354	−0.002%	$2.0M	$4.2M	25x	as long as short
Injective MOVE/USDC PERP	+0.0033%	1h	0.008930	−4.535%	$722	$21K	12x	as long as short
BloFin MOVE-USDT	+0.0075%	4h	0.009360	+0.062%	$121K	$12K	75x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009356	+0.019%	$230K	$205K	3x	as long as short
Aster MOVEUSDTshort	+0.0100%	4h	0.009357	+0.032%	$12K	$10K	5x
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009367	+0.137%	$991K	$1.0M	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009360	+0.062%	$424K	$342K	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MOVEUSDTM	+0.0100%	4h	0.009350	−0.045%	$1.2M	$31K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009347	−0.077%	$836K	$411K	25x	as long as short
BingX MOVE-USDT	+0.0100%	4h	0.009361	+0.073%	—	$6.5M	—	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009374	+0.210%	$6K	$1K	—	as long as short