Funding arb · Price arb /

MOVE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h −0.101%

Price spread now: Gate against Aster+0.057%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 Gate

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: Gate is 0.057% dearer against Aster than usual: you sell high and buy low, +$6 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	0.009335	0.0104	pay 0.0052% / 4h	1h 15m	$12K	$10K	5x
Short	Gate MOVE_USDT	0.009340	0.0100	get 0.0100% / 8h	5h 15m	$418K	$278K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.057%Rate

Funding earned: −$0.87
Price spread: +0.057% → 0.000%: $5.71
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$18.16
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; Gate: live order book, 45 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 Gate live order book, 45 min ago	10.72 bp	88.1 bp −$88	doesn't fit	doesn't fit	doesn't fit

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	−4.335%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009353	+0.196%	$228K	$196K	3x	as long as short
Binance MOVEUSDT	+0.0100%	4h	0.009356	+0.229%	$2.1M	$4.2M	25x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009350	+0.164%	$1.9M	$649K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009352	+0.186%	$989K	$1.0M	20x	as long as short
Gate MOVE_USDTshort	+0.0100%	8h	0.009340	+0.057%	$418K	$278K	25x
MEXC MOVE_USDT	+0.0100%	4h	0.009354	+0.207%	$3.8M	$212K	20x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009350	+0.164%	$1.2M	$26K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009358	+0.250%	$831K	$417K	25x	as long as short
BingX MOVE-USDT	+0.0100%	4h	0.009352	+0.186%	—	$6.5M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MOVE	+0.0100%	4h	0.009353	+0.198%	$6K	$1K	—	as long as short
Extended MOVE-USD	+0.0104%	1h	0.009353	+0.198%	$10K	$121K	5x	as long as short
Aster MOVEUSDTlong	+0.0104%	4h	0.009335	long leg	$12K	$10K	5x
BloFin MOVE-USDT	+0.0120%	4h	0.009356	+0.229%	$122K	$10K	75x	as long as short