Funding arb · Price arb /

MOVE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0011%/8hnext payment +$0.05 per $10,000 · paid last 24h −0.027%

Price spread now: MEXC against Aster+0.200%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 MEXC

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

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and MEXC is 0.200% dearer against Aster than usual: you sell high and buy low: +$20 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	Aster MOVEUSDT	0.009249	0.0431	pay 0.0216% / 4h	5m 57s	$11K	$12K	5x
Short	MEXC MOVE_USDT	0.009268	0.0442	get 0.0221% / 4h	5m 57s	$3.8M	$244K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.200%Rate

Funding earned: $2.23
Price spread: +0.200% → 0.000%: $20.01
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: $10.24
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Aster: no order-book sample; MEXC: 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 MEXC live order book, 1 min ago	0.54 bp	7.3 bp −$7	42.7 bp −$427	323.9 bp −$32.4K	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	−3.454%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009268	+0.200%	$225K	$211K	3x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009270	+0.222%	$1.9M	$672K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009281	+0.341%	$981K	$1.0M	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009270	+0.222%	$418K	$329K	25x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009270	+0.222%	$1.1M	$42K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009285	+0.384%	$840K	$413K	25x	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009285	+0.383%	$6K	$2K	—	as long as short
BingX MOVE-USDT	+0.0396%	4h	0.009281	+0.341%	—	$6.5M	—	as long as short
Aster MOVEUSDTlong	+0.0431%	4h	0.009249	long leg	$11K	$12K	5x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MOVE-USDT	+0.0435%	4h	0.009272	+0.243%	$122K	$12K	75x	as long as short
MEXC MOVE_USDTshort	+0.0442%	4h	0.009268	+0.200%	$3.8M	$244K	20x
Binance MOVEUSDT	+0.0486%	4h	0.009268	+0.204%	$2.0M	$4.1M	25x	as long as short
Extended MOVE-USD	+0.0488%	1h	0.009267	+0.189%	$10K	$143K	5x	as long as short