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

MOVE

all MOVE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.061%
Price spread now: Extended against Hyperliquid+0.017%7-day average −0.053% · you sell dearer than you buy
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 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.017%, 7d avg −0.053%
Together, before fees−0.090%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$9 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: Extended is 0.070% dearer against Hyperliquid than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid MOVE0.0093640.0100pay 0.0013% / 1h27m 09s$229K$207K3x
ShortExtended MOVE-USD0.0093660.0104get 0.0013% / 1h27m 09s$10K$125K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Hyperliquid. 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
$0.84
Price spread: +0.017% → −0.053%
$6.96
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$6.2
Costs to cover
0.140%
Break-even
58.6 days
Slippage unknown: Hyperliquid: live order book, 12 min ago; Extended: live order book, 38 min ago. 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 Hyperliquid live order book, 12 min ago0.54 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 38 min ago3.19 bp31.3 bp −$31doesn't fitdoesn't fitdoesn't fit

MOVE on 13 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%1h0.008930−4.635%$722$21K12xas long as short
Hyperliquid MOVElong+0.0100%1h0.009364long leg$229K$207K3x
Binance MOVEUSDT+0.0100%4h0.009366+0.021%$2.0M$4.2M25xas long as short
Bybit MOVEUSDT+0.0100%4h0.009355−0.096%$1.9M$660K25xas long as short
OKX MOVE-USDT-SWAP+0.0100%4h0.009370+0.064%$984K$1.0M20xas long as short
Gate MOVE_USDT+0.0100%8h0.009350−0.150%$421K$288K25xas long as short
MEXC MOVE_USDT+0.0100%4h0.009370+0.064%$3.8M$218K20xas long as short
KuCoin MOVEUSDTM+0.0100%4h0.009350−0.150%$1.2M$26K25xas long as short
Bitget MOVEUSDT+0.0100%4h0.009361−0.032%$831K$423K25xas long as short
BingX MOVE-USDT+0.0100%4h0.009369+0.053%$6.5Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MOVE+0.0100%4h0.009379+0.155%$6K$1Kas long as short
Extended MOVE-USDshort+0.0104%1h0.009366+0.017%$10K$125K5x
Aster MOVEUSDT+0.0360%4h0.009317−0.500%$12K$10K5xas long as short