Funding arb · Price arb /

MOVE

all MOVE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Variational Omni against Gate+0.142%7-day average — · you sell dearer than you buy

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

Long on Gate Short on Variational Omni

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.142% dearer against Gate than usual: you sell high and buy low, +$14 on $10k if it 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	Gate MOVE_USDT	0.009280	0.0100	pay 0.0100% / 8h	41m 45s	$407K	$259K	25x
Short	Variational Omni MOVE	0.009293	0.0100	get 0.0050% / 4h	41m 45s	$6K	$1K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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 GatebpFee Variational OmnibpOrdersPrice spread, now +0.142%Rate

Funding earned: $0
Price spread: +0.142% → 0.000%: $14.21
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$0.79
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 59 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 59 min ago	10.82 bp	117.8 bp −$118	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective MOVE/USDC PERP	+0.0033%	1h	0.009310	+0.323%	$753	$100	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009293	+0.140%	$233K	$205K	3x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009291	+0.119%	$2.0M	$644K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009295	+0.162%	$975K	$928K	20x	as long as short
Gate MOVE_USDTlong	+0.0100%	8h	0.009280	long leg	$407K	$259K	25x
KuCoin MOVEUSDTM	+0.0100%	4h	0.009280	0.000%	$1.1M	$19K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009288	+0.086%	$851K	$381K	25x	as long as short
Variational Omni MOVEshort	+0.0100%	4h	0.009293	+0.142%	$6K	$1K	—
BingX MOVE-USDT	+0.1144%	4h	0.009293	+0.140%	—	$6.5M	—	as long as short
Extended MOVE-USD	+0.1152%	1h	0.009292	+0.135%	$12K	$190K	5x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MOVEUSDT	+0.1156%	4h	0.009291	+0.122%	$2.0M	$4.4M	25x	as long as short
MEXC MOVE_USDT	+0.1180%	4h	0.009293	+0.140%	$3.7M	$215K	20x	as long as short
BloFin MOVE-USDT	+0.1190%	4h	0.009285	+0.054%	$116K	$4K	75x	as long as short
Aster MOVEUSDT	+0.1330%	4h	0.009296	+0.169%	$11K	$11K	5x	as long as short