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% APRnext payment +$0.00 per $10,000 · paid last 24h −0.041%

Price spread now: BingX against Aster+0.500%7-day average — · you sell dearer than you buy

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

Long on Aster Short on BingX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.500% dearer against Aster than usual: you sell high and buy low, +$50 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	Aster MOVEUSDT	0.009224	0.0100	pay 0.0050% / 4h	0m 01s	$10K	$11K	5x
Short	BingX MOVE-USDT	0.009270	0.0100	get 0.0050% / 4h	0m 01s	—	$6.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Aster. 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 AsterbpFee BingXbpOrdersPrice spread, now +0.500%Rate

Funding earned: $0
Price spread: +0.500% → 0.000%: $50.01
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: $32.01
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: Aster: no order-book sample; BingX: live order book, 1 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 Aster no order-book sample	—	—	—	—	—
Sell BingX live order book, 1 min ago	5.38 bp	20.1 bp −$20	96.5 bp −$965	666.5 bp −$66.6K	1084.6 bp −$542.3K

Aster: 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	−3.186%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009290	+0.717%	$228K	$196K	3x	as long as short
Aster MOVEUSDTlong	+0.0100%	4h	0.009224	long leg	$10K	$11K	5x
Binance MOVEUSDT	+0.0100%	4h	0.009293	+0.749%	$2.0M	$4.2M	25x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009271	+0.511%	$1.9M	$641K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009290	+0.717%	$982K	$985K	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009260	+0.392%	$414K	$266K	25x	as long as short
MEXC MOVE_USDT	+0.0100%	4h	0.009294	+0.760%	$3.8M	$215K	20x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009260	+0.392%	$1.1M	$26K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009285	+0.663%	$827K	$420K	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-USDTshort	+0.0100%	4h	0.009270	+0.500%	—	$6.5M	—
Variational Omni MOVE	+0.0100%	4h	0.009283	+0.645%	$6K	$1K	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009290	+0.720%	$10K	$123K	5x	as long as short
BloFin MOVE-USDT	+0.0149%	4h	0.009291	+0.728%	$121K	$10K	75x	as long as short