Settings8H · net · $10k
Funding arb · Price arb /

MOVE

all MOVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0108%/8h= −11.8% APRnext payment $0.54 per $10,000 · paid last 24h −0.069%
Price spread now: Variational Omni against BloFin−0.243%56s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.243% cheaper against BloFin than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MOVE-USDT0.0092160.0208pay 0.0104% / 4h2h 34m$120K$10K75x
ShortVariational Omni MOVE0.0091940.0100get 0.0050% / 4h2h 34m$6K$1K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. 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

Funding earned
−$22.6
Price spread: −0.243% → 0.000%
−$24.33
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$58.93
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 44 min ago; Variational Omni: 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 44 min ago0.54 bp17.4 bp −$1750.1 bp −$501doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective MOVE/USDC PERP+0.0033%1h0.008930−3.103%$722$21K12xas long as short
Hyperliquid MOVE+0.0100%1h0.009177−0.423%$229K$200K3xas long as short
Bybit MOVEUSDT+0.0100%4h0.009184−0.347%$1.9M$638K25xas long as short
OKX MOVE-USDT-SWAP+0.0100%4h0.009163−0.575%$972K$932K20xas long as short
Gate MOVE_USDT+0.0100%8h0.009190−0.282%$408K$267K25xas long as short
KuCoin MOVEUSDTM+0.0100%4h0.009180−0.391%$1.1M$27K25xas long as short
Bitget MOVEUSDT+0.0100%4h0.009174−0.456%$829K$409K25xas long as short
Variational Omni MOVEshort+0.0100%4h0.009194−0.243%$6K$1K
MEXC MOVE_USDT+0.0204%4h0.009173−0.467%$3.7M$215K20xas long as short
Binance MOVEUSDT+0.0205%4h0.009172−0.473%$2.0M$4.3M25xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin MOVE-USDTlong+0.0208%4h0.009216long leg$120K$10K75x
Extended MOVE-USD+0.0208%1h0.009193−0.246%$10K$163K5xas long as short
BingX MOVE-USDT+0.0212%4h0.009196−0.217%$6.5Mas long as short
Aster MOVEUSDT+0.0245%4h0.009198−0.194%$10K$11K5xas long as short