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

MOVE

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against OKX+0.022%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1691.689% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.114%−$11 on $10k
Price spread, last 7 days+0.116%+$12 · spread now +0.022%, 7d avg +0.037%
Together, before fees+0.002%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MOVE-USDT-SWAP0.0092780.0100pay 0.0050% / 4h3h 45m$968K$921K20x
ShortBybit MOVEUSDT0.0092800.0100get 0.0050% / 4h3h 45m$1.9M$624K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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
Price spread: +0.022% → +0.037%
−$1.53
Slippage, 4 orders
−$147.91
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$170.44
Costs to cover
1.689%
Break-even
never at this rate
Slippage from OKX: live order book, 50 min ago; Bybit: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 50 min ago4.85 bp35.5 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 6 min ago5.39 bp49.2 bp −$49168.3 bp −$1,683doesn't fitdoesn't fit

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%1h0.009310+0.345%$753$10012xas long as short
Hyperliquid MOVE+0.0100%1h0.009269−0.097%$230K$197K3xas long as short
Bybit MOVEUSDTshort+0.0100%4h0.009280+0.022%$1.9M$624K25x
OKX MOVE-USDT-SWAPlong+0.0100%4h0.009278long leg$968K$921K20x
Gate MOVE_USDT+0.0100%8h0.009270−0.086%$409K$241K25xas long as short
KuCoin MOVEUSDTM+0.0100%4h0.009270−0.086%$1.1M$19K25xas long as short
Bitget MOVEUSDT+0.0100%4h0.009280+0.022%$848K$377K25xas long as short
Variational Omni MOVE+0.0100%4h0.009283+0.059%$7K$2Kas long as short
Extended MOVE-USD+0.0864%1h0.009273−0.050%$12K$188K5xas long as short
Binance MOVEUSDT+0.0868%4h0.009275−0.032%$2.0M$4.4M25xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX MOVE-USDT+0.0868%4h0.009277−0.011%$6.5Mas long as short
BloFin MOVE-USDT+0.0874%4h0.009282+0.043%$115K$4K75xas long as short
MEXC MOVE_USDT+0.0884%4h0.009275−0.032%$3.7M$214K20xas long as short
Aster MOVEUSDT+0.1202%4h0.009272−0.061%$11K$10K5xas long as short