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 0.000%

Price spread now: OKX against Bitget−0.085%7-day average +0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs−$127as in the Price arb table

costs, in and out, $10k−$1161.155% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)+0.131%+$13 · spread now −0.085%, 7d avg +0.029%

Together, before fees+0.123%+$12 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: OKX is 0.115% cheaper against Bitget than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MOVEUSDT	0.009358	0.0100	pay 0.0050% / 4h	1h 27m	$845K	$421K	25x
Short	OKX MOVE-USDT-SWAP	0.009350	0.0100	get 0.0050% / 4h	1h 27m	$983K	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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 BitgetbpFee OKXbpOrdersPrice spread, now −0.085%Rate

Funding earned: $0
Price spread: −0.085% → +0.029%: −$11.48
Slippage, 4 orders: −$93.51
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$127
Costs to cover: 1.155%
Break-even: never at this rate

Slippage from Bitget: live order book, 53 min ago; OKX: live order book, 4 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 Bitget live order book, 53 min ago	5.87 bp	31.5 bp −$32	292.9 bp −$2,929	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	2.67 bp	28.4 bp −$28	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	−0.0262%	4h	0.009350	−0.085%	$1.9M	$653K	25x	as long as short
BloFin MOVE-USDT	−0.0087%	4h	0.009360	+0.021%	$120K	$12K	75x	as long as short
MEXC MOVE_USDT	−0.0042%	4h	0.009347	−0.118%	$3.8M	$218K	20x	as long as short
Aster MOVEUSDT	−0.0041%	4h	0.009360	+0.021%	$12K	$10K	5x	as long as short
Extended MOVE-USD	−0.0040%	1h	0.009348	−0.104%	$10K	$143K	5x	as long as short
Binance MOVEUSDT	−0.0001%	4h	0.009350	−0.086%	$2.0M	$4.1M	25x	as long as short
Injective MOVE/USDC PERP	+0.0033%	1h	0.008930	−4.574%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009353	−0.053%	$230K	$209K	3x	as long as short
OKX MOVE-USDT-SWAPshort	+0.0100%	4h	0.009350	−0.085%	$983K	$1.0M	20x
Gate MOVE_USDT	+0.0100%	8h	0.009360	+0.021%	$425K	$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	−0.085%	$1.2M	$36K	25x	as long as short
Bitget MOVEUSDTlong	+0.0100%	4h	0.009358	long leg	$845K	$421K	25x
BingX MOVE-USDT	+0.0100%	4h	0.009348	−0.107%	—	$6.5M	—	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009354	−0.045%	$6K	$2K	—	as long as short