Spread before costs (cost unknown: a leg has no order-book sample)−0.003%
7d average—if it closes, per $10,000$0funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MOVE | 0.009295 | 0.0100 | pay 0.0050% / 4h | 59m 55s | $6K | $2K | — |
| Short | Hyperliquid MOVE | 0.009295 | 0.0100 | get 0.0013% / 1h | 59m 55s | $232K | $205K | 3x |
Variational Omni MOVE
Hyperliquid MOVEPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$0.25
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$9.25
- Spread needed to break even
- 0.090%
Slippage unknown: Variational Omni: no order-book sample; Hyperliquid: live order book, 51 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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 Hyperliquid live order book, 51 min ago | 0.54 bp | doesn't fit | 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.008930cheapestGate0.009290+4.031%MEXC0.009293+4.065%Extended0.009293+4.066%Binance0.009294+4.076%
Injective
Gate
MEXC
Extended
BinanceHyperliquid0.009295+4.087%
Variational Omni0.009295+4.090%
Aster0.009297+4.111%BingX0.009298+4.121%BloFin0.009298+4.121%OKX0.009299+4.132%Bybit0.009300+4.143%KuCoin0.009300+4.143%Bitget0.009300+4.143%
Aster
BingX
BloFin
OKX
Bybit
KuCoin
BitgetMOVE on 14 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective MOVE/USDC PERP | −3.929% | +0.0033% | 1h | $722 | $44K | 12x | as long as short |
| Gate MOVE_USDT | −0.056% | +0.0100% | 8h | $417K | $330K | 25x | as long as short |
| MEXC MOVE_USDT | −0.024% | +0.0442% | 4h | $3.8M | $257K | 20x | as long as short |
| Extended MOVE-USD | −0.023% | +0.0432% | 1h | $10K | $143K | 5x | as long as short |
| Binance MOVEUSDT | −0.013% | +0.0434% | 4h | $2.0M | $4.2M | 25x | as long as short |
| Hyperliquid MOVEshort | −0.003% | +0.0100% | 1h | $232K | $205K | 3x | |
| Variational Omni MOVElong | 0.000% | +0.0100% | 4h | $6K | $2K | — | |
| Aster MOVEUSDT | +0.020% | +0.0430% | 4h | $11K | $12K | 5x | as long as short |
| BingX MOVE-USDT | +0.030% | +0.0440% | 4h | — | $6.5M | — | as long as short |
| BloFin MOVE-USDT | +0.030% | +0.0393% | 4h | $124K | $17K | 75x | as long as short |
Show all 14 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX MOVE-USDT-SWAP | +0.041% | +0.0100% | 4h | $981K | $1.0M | 20x | as long as short |
| Bybit MOVEUSDT | +0.051% | +0.0100% | 4h | $1.9M | $686K | 25x | as long as short |
| KuCoin MOVEUSDTM | +0.051% | +0.0100% | 4h | $1.1M | $43K | 25x | as long as short |
| Bitget MOVEUSDT | +0.051% | +0.0100% | 4h | $850K | $439K | 25x | as long as short |