Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0464%/8h= −50.8% APRpaid last 24h +0.112%

Price spread now: ApeX Omni against BingX+0.510%98s7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$680.681% of the position

Long on BingX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.168%+$17 on $10k

Price spread, last 4 days (all we have)−0.230%−$23 · spread now +0.510%, 7d avg +0.021%

Together, before fees−0.062%−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. ApeX Omni is 0.488% dearer against BingX than usual: you sell high and buy low (spread +0.510% now, against its 7-day average of +0.021%): +$49 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 3.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.168%, so the current rate has only just turned against you. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.168% in total (about 8.8% 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	BingX MOODENG-USDT	0.04709	0.0762	pay 0.0381% / 4h	47m 49s	—	$6.7M	—
Short	ApeX Omni MOODENGUSDT	0.04733	0.0298	get 0.0037% / 1h	47m 49s	$22K	$662K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against BingX. 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 BingXbpFee ApeX OmnibpOrdersPrice spread, now +0.510%Rate

Funding earned: −$97.49
Price spread: +0.510% → +0.021%: $48.84
Slippage, 4 orders: −$48.08
Fee BingX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$116.73
Costs to cover: 0.681%
Break-even: never at this rate

Slippage from BingX: live order book, 5 min ago; ApeX Omni: live order book, 10 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 BingX live order book, 5 min ago	3.17 bp	17.7 bp −$18	52.2 bp −$522	583.1 bp −$58.3K	847.1 bp −$423.6K
Sell ApeX Omni live order book, 10 min ago	8.45 bp	16.6 bp −$17	168.9 bp −$1,689	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	0.04708	−0.019%	$18	—	100x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04716	+0.148%	$10K	$32K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04711	+0.042%	$1.6M	$4.4M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04711	+0.042%	$2.1M	$4.7M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04701	−0.170%	$558K	$837K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04711	+0.042%	$1.7M	$2.9M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04734	+0.535%	$9K	$32K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04756	+1.007%	$418K	$2.5M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04825	+2.463%	$1K	$1.9M	20x	as long as short
Binance MOODENGUSDT	+0.0122%	4h	0.04715	+0.120%	$2.6M	$11.8M	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC MOODENG_USDT	+0.0134%	4h	0.04714	+0.106%	$906K	$321K	50x	as long as short
BloFin MOODENG-USDT	+0.0191%	4h	0.04719	+0.212%	$180K	$119K	50x	as long as short
ApeX Omni MOODENGUSDTshort	+0.0298%	1h	0.04733	+0.510%	$22K	$662K	25x
BingX MOODENG-USDTlong	+0.0762%	4h	0.04709	long leg	—	$6.7M	—
Bitget MOODENGUSDT	+0.0766%	4h	0.04709	0.000%	$1.3M	$1.2M	50x	as long as short
Kraken Futures PF_MOODENGUSD	+0.1252%	1h	0.04712	+0.070%	$62K	$128K	20x	as long as short
Hyperliquid MOODENG	+0.1335%	1h	0.04716	+0.144%	$469K	$419K	3x	as long as short