Funding arb · Price arb /

MOVE

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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 −0.072%

Price spread now: Variational Omni against MEXC+0.126%7-day average — · you sell dearer than you buy

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

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 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 0.126% dearer against MEXC than usual: you sell high and buy low, +$13 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	MEXC MOVE_USDT	0.009333	0.0100	pay 0.0050% / 4h	2h 07m	$3.8M	$234K	20x
Short	Variational Omni MOVE	0.009345	0.0100	get 0.0050% / 4h	2h 07m	$6K	$2K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 MEXCbpFee Variational OmnibpOrdersPrice spread, now +0.126%Rate

Funding earned: $0
Price spread: +0.126% → 0.000%: $12.61
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $8.61
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: MEXC: live order book, 10 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 MEXC live order book, 10 min ago	3.20 bp	10.3 bp −$10	53.4 bp −$534	193.8 bp −$19.4K	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
Bybit MOVEUSDT	−0.0352%	4h	0.009345	+0.129%	$1.9M	$654K	25x	as long as short
Injective MOVE/USDC PERP	+0.0033%	1h	0.008930	−4.318%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009334	+0.011%	$228K	$209K	3x	as long as short
Aster MOVEUSDT	+0.0100%	4h	0.009329	−0.041%	$11K	$12K	5x	as long as short
Binance MOVEUSDT	+0.0100%	4h	0.009332	−0.011%	$2.0M	$4.1M	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009334	+0.011%	$983K	$1.0M	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009350	+0.182%	$421K	$338K	25x	as long as short
MEXC MOVE_USDTlong	+0.0100%	4h	0.009333	long leg	$3.8M	$234K	20x
KuCoin MOVEUSDTM	+0.0100%	4h	0.009340	+0.075%	$1.2M	$37K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009343	+0.107%	$847K	$423K	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX MOVE-USDT	+0.0100%	4h	0.009343	+0.107%	—	$6.5M	—	as long as short
Variational Omni MOVEshort	+0.0100%	4h	0.009345	+0.126%	$6K	$2K	—
Extended MOVE-USD	+0.0104%	1h	0.009331	−0.024%	$10K	$143K	5x	as long as short
BloFin MOVE-USDT	+0.0105%	4h	0.009339	+0.064%	$121K	$12K	75x	as long as short