Funding arb · Price arb /

MOVE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Gate against KuCoin+0.107%7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$822as in the Funding arb table

Net, price: spread back to 7d avg − costs−$827as in the Price arb table

costs, in and out, $10k−$8408.404% of the position

Long on KuCoin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.188%+$19 on $10k

Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.107%, 7d avg −0.027%

Together, before fees+0.196%+$20 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: Gate is 0.134% dearer against KuCoin than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MOVEUSDTM	0.009320	0.0100	pay 0.0050% / 4h	2h 50m	$1.1M	$39K	25x
Short	Gate MOVE_USDT	0.009330	0.0100	get 0.0100% / 8h	2h 50m	$421K	$337K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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 KuCoinbpFee GatebpOrdersPrice spread, now +0.107%Rate

Funding earned: $0
Price spread: +0.107% → −0.027%: $13.42
Slippage, 4 orders: −$813.45
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$827.03
Costs to cover: 8.404%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Gate: live order book, 34 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 KuCoin live order book, 4 min ago	5.36 bp	347.6 bp −$348	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 34 min ago	5.36 bp	67.1 bp −$67	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	−0.0785%	4h	0.009336	+0.172%	$1.9M	$671K	25x	as long as short
Injective MOVE/USDC PERP	+0.0033%	1h	0.008930	−4.185%	$722	$21K	12x	as long as short
BloFin MOVE-USDT	+0.0050%	4h	0.009333	+0.139%	$122K	$12K	75x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009344	+0.258%	$228K	$214K	3x	as long as short
Aster MOVEUSDT	+0.0100%	4h	0.009308	−0.130%	$11K	$12K	5x	as long as short
Binance MOVEUSDT	+0.0100%	4h	0.009341	+0.222%	$2.0M	$4.1M	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009344	+0.258%	$982K	$1.0M	20x	as long as short
Gate MOVE_USDTshort	+0.0100%	8h	0.009330	+0.107%	$421K	$337K	25x
MEXC MOVE_USDT	+0.0100%	4h	0.009340	+0.215%	$3.8M	$228K	20x	as long as short
KuCoin MOVEUSDTMlong	+0.0100%	4h	0.009320	long leg	$1.1M	$39K	25x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MOVEUSDT	+0.0100%	4h	0.009341	+0.225%	$848K	$424K	25x	as long as short
BingX MOVE-USDT	+0.0100%	4h	0.009325	+0.054%	—	$6.5M	—	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009325	+0.053%	$6K	$2K	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009338	+0.194%	$10K	$143K	5x	as long as short