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

MOVE

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0396%/8h= +43.4% APRpaid last 24h −0.061%
Price spread now: Gate against Extended−0.109%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$206as in the Funding arb table
Net, price: spread back to 7d avg − costs−$217as in the Price arb table
costs, in and out, $10k−$2072.070% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.007%+$1 on $10k
Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.109%, 7d avg −0.004%
Together, before fees+0.100%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.105% cheaper against Extended than usual: you would sell low and buy high (spread −0.109% now, against its 7-day average of −0.004%). If the spread goes back, that is −$10 on $10k: about 21 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.007% in total) that is about 4 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.007% in total (about 0.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MOVE-USD0.009370−0.0296get 0.0037% / 1h34m 42s$10K$143K5x
ShortGate MOVE_USDT0.0093600.0100get 0.0100% / 8h1h 34m$422K$340K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$83.16
Price spread: −0.109% → −0.004%
−$10.48
Slippage, 4 orders
−$186.96
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$134.28
Costs to cover
2.070%
Break-even
18.3 days
Slippage from Extended: live order book, 46 min ago; Gate: live order book, 46 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 Extended live order book, 46 min ago2.67 bp32.9 bp −$33244.2 bp −$2,442doesn't fitdoesn't fit
Sell Gate live order book, 46 min ago5.34 bp73.5 bp −$74doesn't fitdoesn'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
Bybit MOVEUSDT−0.0502%4h0.009370−0.002%$1.9M$652K25xas long as short
Extended MOVE-USDlong−0.0296%1h0.009370long leg$10K$143K5x
MEXC MOVE_USDT−0.0294%4h0.009380+0.104%$3.8M$218K20xas long as short
BloFin MOVE-USDT−0.0249%4h0.009387+0.179%$120K$12K75xas long as short
Binance MOVEUSDT−0.0227%4h0.009381+0.116%$2.0M$4.1M25xas long as short
Aster MOVEUSDT−0.0141%4h0.009398+0.296%$12K$10K5xas long as short
Injective MOVE/USDC PERP+0.0033%1h0.008930−4.698%$722$21K12xas long as short
Hyperliquid MOVE+0.0100%1h0.009375+0.051%$230K$209K3xas long as short
OKX MOVE-USDT-SWAP+0.0100%4h0.009381+0.115%$988K$1.0M20xas long as short
Gate MOVE_USDTshort+0.0100%8h0.009360−0.109%$422K$340K25x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MOVEUSDTM+0.0100%4h0.009360−0.109%$1.2M$37K25xas long as short
Bitget MOVEUSDT+0.0100%4h0.009389+0.200%$853K$420K25xas long as short
BingX MOVE-USDT+0.0100%4h0.009362−0.088%$6.5Mas long as short
Variational Omni MOVE+0.0100%4h0.009384+0.146%$6K$2Kas long as short