Funding arb · Price arb /

MOVE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Gate against Variational Omni−0.144%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Gate

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: Gate is 0.144% cheaper against Variational Omni than usual: you would sell low and buy high, −$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	Variational Omni MOVE	0.009263	0.0100	pay 0.0050% / 4h	49m 16s	$6K	$1K	—
Short	Gate MOVE_USDT	0.009250	0.0100	get 0.0100% / 8h	4h 49m	$414K	$263K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Variational Omni. 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 Variational OmnibpFee GatebpOrdersPrice spread, now −0.144%Rate

Funding earned: $0
Price spread: −0.144% → 0.000%: −$14.44
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$29.44
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; Gate: live order book, 6 min ago. 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 Variational Omni no order-book sample	—	—	—	—	—
Sell Gate live order book, 6 min ago	10.78 bp	97.4 bp −$97	doesn't fit	doesn't fit	doesn't fit

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	0.008930	−3.599%	$722	$21K	12x	as long as short
BloFin MOVE-USDT	+0.0089%	4h	0.009271	+0.082%	$122K	$10K	75x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009245	−0.198%	$226K	$196K	3x	as long as short
Aster MOVEUSDT	+0.0100%	4h	0.009276	+0.131%	$11K	$10K	5x	as long as short
Binance MOVEUSDT	+0.0100%	4h	0.009238	−0.271%	$2.0M	$4.2M	25x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009242	−0.231%	$1.9M	$639K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009240	−0.252%	$976K	$986K	20x	as long as short
Gate MOVE_USDTshort	+0.0100%	8h	0.009250	−0.144%	$414K	$263K	25x
MEXC MOVE_USDT	+0.0100%	4h	0.009239	−0.263%	$3.7M	$209K	20x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009260	−0.036%	$1.1M	$26K	25x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MOVEUSDT	+0.0100%	4h	0.009259	−0.047%	$819K	$419K	25x	as long as short
BingX MOVE-USDT	+0.0100%	4h	0.009253	−0.112%	—	$6.5M	—	as long as short
Variational Omni MOVElong	+0.0100%	4h	0.009263	long leg	$6K	$1K	—
Extended MOVE-USD	+0.0104%	1h	0.009236	−0.301%	$10K	$121K	5x	as long as short