Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0321%/8h= −35.1% APRpaid last 24h −0.127%

Price spread now: Bybit against ApeX Omni+0.021%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$720.723% of the position

Long on ApeX Omni Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.181%−$18 on $10k

Price spread, last 3 days (all we have)−0.085%−$8 · spread now +0.021%, 7d avg +0.041%

Together, before fees−0.266%−$27 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bybit is 0.021% cheaper against ApeX Omni than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.041%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.181% in total (about -9.4% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MOODENGUSDT	0.04814	0.0421	pay 0.0053% / 1h	5m 31s	$23K	$658K	25x
Short	Bybit MOODENGUSDT	0.04815	0.0100	get 0.0050% / 4h	5m 31s	$1.6M	$4.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against ApeX Omni. 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 ApeX OmnibpFee BybitbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$67.35
Price spread: +0.021% → +0.041%: −$2.07
Slippage, 4 orders: −$51.29
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$141.71
Costs to cover: 0.723%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 8 min ago; Bybit: live order book, 2 min ago.

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 ApeX Omni live order book, 8 min ago	8.30 bp	17.3 bp −$17	164.7 bp −$1,647	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	4.16 bp	21.2 bp −$21	48.8 bp −$488	doesn't fit	doesn't fit

MOODENG on 17 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
GMX MOODENG/USD [WBTC.b-USDC]	L −1.1224% / S +0.0193%	1h	0.04807	−0.141%	$19	—	100x	as long as short
BloFin MOODENG-USDT	+0.0095%	4h	0.04818	+0.083%	$180K	$139K	50x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04813	−0.029%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04819	+0.104%	$2.6M	$11.2M	50x	as long as short
Bybit MOODENGUSDTshort	+0.0100%	4h	0.04815	+0.021%	$1.6M	$4.2M	50x
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04818	+0.083%	$2.1M	$4.6M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04809	−0.104%	$572K	$798K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04823	+0.187%	$970K	$320K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04815	+0.021%	$1.8M	$2.9M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04810	−0.086%	$8K	$30K	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04816	+0.042%	$422K	$2.2M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04918	+2.160%	$2K	$1.9M	20x	as long as short
Hyperliquid MOODENG	+0.0176%	1h	0.04826	+0.247%	$468K	$411K	3x	as long as short
BingX MOODENG-USDT	+0.0210%	4h	0.04813	−0.021%	—	$6.7M	—	as long as short
Bitget MOODENGUSDT	+0.0234%	4h	0.04823	+0.187%	$1.3M	$1.2M	50x	as long as short
ApeX Omni MOODENGUSDTlong	+0.0421%	1h	0.04814	long leg	$23K	$658K	25x
Kraken Futures PF_MOODENGUSD	+0.6732%	1h	0.04844	+0.620%	$66K	$113K	20x	as long as short