Funding arb · Price arb /

MOVE

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0041%/8h= +4.5% APRpaid last 24h +0.037%

Price spread now: Aster against Extended−0.219%7-day average — · you buy dearer than you sell

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

Long on Extended Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Aster is 0.219% cheaper against Extended than usual: you would sell low and buy high (spread −0.219% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 18 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MOVE-USD	0.009158	0.0304	pay 0.0038% / 1h	21m 06s	$10K	$167K	5x
Short	Aster MOVEUSDT	0.009137	0.0345	get 0.0172% / 4h	2h 21m	$10K	$11K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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 ExtendedbpFee AsterbpOrdersPrice spread, now −0.219%Rate

Funding earned: $8.58
Price spread: −0.219% → 0.000%: −$21.93
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$26.35
Costs to cover: 0.130%
Break-even: 28.5 days

Slippage unknown: Extended: live order book, 25 min ago; Aster: 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 Extended live order book, 25 min ago	2.71 bp	40.9 bp −$41	266.0 bp −$2,660	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

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	−2.485%	$722	$21K	12x	as long as short
Hyperliquid MOVE	+0.0100%	1h	0.009173	+0.169%	$228K	$200K	3x	as long as short
Bybit MOVEUSDT	+0.0100%	4h	0.009160	+0.027%	$1.9M	$639K	25x	as long as short
OKX MOVE-USDT-SWAP	+0.0100%	4h	0.009170	+0.136%	$971K	$933K	20x	as long as short
Gate MOVE_USDT	+0.0100%	8h	0.009150	−0.082%	$406K	$267K	25x	as long as short
KuCoin MOVEUSDTM	+0.0100%	4h	0.009140	−0.191%	$1.1M	$28K	25x	as long as short
Bitget MOVEUSDT	+0.0100%	4h	0.009172	+0.158%	$829K	$409K	25x	as long as short
Variational Omni MOVE	+0.0100%	4h	0.009133	−0.262%	$6K	$1K	—	as long as short
BingX MOVE-USDT	+0.0254%	4h	0.009173	+0.169%	—	$6.5M	—	as long as short
MEXC MOVE_USDT	+0.0278%	4h	0.009161	+0.038%	$3.7M	$216K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended MOVE-USDlong	+0.0304%	1h	0.009158	long leg	$10K	$167K	5x
Binance MOVEUSDT	+0.0304%	4h	0.009164	+0.071%	$2.0M	$4.4M	25x	as long as short
BloFin MOVE-USDT	+0.0331%	4h	0.009157	−0.006%	$117K	$10K	75x	as long as short
Aster MOVEUSDTshort	+0.0345%	4h	0.009137	−0.219%	$10K	$11K	5x