Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0441%/8h= −48.3% APRpaid last 24h −0.113%

Price spread now: GMX against BingX+0.053%7-day average — · you sell dearer than you buy

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

Long on BingX Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. GMX is 0.053% dearer against BingX than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX MOODENG-USDT	0.04741	0.0248	pay 0.0124% / 4h	2h 02m	—	$6.7M	—
Short	GMX MOODENG/USD [WBTC.b-USDC]	0.04743	L −1.1224% / S +0.0193%	pay 0.0024% / 1h	2m 23s	$18	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now +0.053%Rate

Funding earned: −$92.57
Price spread: +0.053% → 0.000%: $5.27
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$109.29
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 5 min ago; GMX: 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 BingX live order book, 5 min ago	6.31 bp	21.9 bp −$22	57.9 bp −$579	505.9 bp −$50.6K	783.0 bp −$391.5K
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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.

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]short	L −1.1224% / S +0.0193%	1h	0.04743	+0.053%	$18	—	100x
Aster MOODENGUSDT	+0.0100%	4h	0.04742	+0.022%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04751	+0.211%	$2.5M	$11.1M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04747	+0.127%	$1.6M	$4.2M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04745	+0.084%	$2.1M	$4.4M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04740	−0.021%	$569K	$770K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04749	+0.169%	$916K	$304K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04740	−0.021%	$1.7M	$2.9M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04752	+0.228%	$7K	$29K	—	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04853	+2.362%	$1K	$1.8M	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MOODENG-USDT	+0.0121%	4h	0.04736	−0.105%	$179K	$136K	50x	as long as short
GRVT MOODENG_USDT_Perp	+0.0206%	4h	0.04741	0.000%	$412K	$2.2M	10x	as long as short
Bitget MOODENGUSDT	+0.0216%	4h	0.04749	+0.169%	$1.2M	$1.2M	50x	as long as short
BingX MOODENG-USDTlong	+0.0248%	4h	0.04741	long leg	—	$6.7M	—
Hyperliquid MOODENG	+0.0270%	1h	0.04753	+0.262%	$462K	$415K	3x	as long as short
ApeX Omni MOODENGUSDT	+0.0602%	1h	0.04740	−0.021%	$22K	$646K	25x	as long as short
Kraken Futures PF_MOODENGUSD	+0.9984%	1h	0.04773	+0.670%	$67K	$101K	20x	as long as short