Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.025%

Price spread now: GRVT against Bybit−0.270%90s7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$146as 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−$1411.412% of the position

Long on Bybit Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.045%−$5 on $10k

Price spread, last 3 days (all we have)+0.324%+$32 · spread now −0.270%, 7d avg −0.020%

Together, before fees+0.279%+ Points / potential airdropGRVT: Active · farm board+$28 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.250% cheaper against Bybit than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of −0.020%. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MOODENGUSDT	0.04813	0.0100	pay 0.0050% / 4h	1h 22m	$1.7M	$4.2M	50x
Short	GRVT MOODENG_USDT_Perp	0.04800	0.0100	get 0.0050% / 4h	1h 22m	$422K	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Bybit. 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 BybitbpFee GRVTbpOrdersPrice spread, now −0.270%Rate

Funding earned: $0
Price spread: −0.270% → −0.020%: −$24.99
Slippage, 4 orders: −$121.22
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$166.21
Costs to cover: 1.412%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; GRVT: 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 Bybit live order book, 1 min ago	4.16 bp	18.1 bp −$18	48.7 bp −$487	doesn't fit	doesn't fit
Sell GRVT live order book, 2 min ago	4.16 bp	46.9 bp −$47	doesn't fit	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	0.04802	−0.237%	$19	—	100x	as long as short
BloFin MOODENG-USDT	+0.0069%	4h	0.04801	−0.249%	$180K	$138K	50x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04810	−0.072%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04815	+0.049%	$2.6M	$11.1M	50x	as long as short
Bybit MOODENGUSDTlong	+0.0100%	4h	0.04813	long leg	$1.7M	$4.2M	50x
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04816	+0.062%	$2.1M	$4.5M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04799	−0.291%	$575K	$774K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04810	−0.062%	$939K	$311K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04798	−0.312%	$1.8M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04795	−0.366%	$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_Perpshort	+0.0100%	4h	0.04800	−0.270%	$422K	$2.2M	10x
SunX MOODENG-USDT	+0.0100%	4h	0.04910	+2.015%	$1K	$1.9M	20x	as long as short
Bitget MOODENGUSDT	+0.0200%	4h	0.04825	+0.249%	$1.3M	$1.2M	50x	as long as short
BingX MOODENG-USDT	+0.0204%	4h	0.04817	+0.083%	—	$6.7M	—	as long as short
Hyperliquid MOODENG	+0.0245%	1h	0.04815	+0.044%	$467K	$412K	3x	as long as short
ApeX Omni MOODENGUSDT	+0.1149%	1h	0.04799	−0.291%	$22K	$649K	25x	as long as short
Kraken Futures PF_MOODENGUSD	+0.8994%	1h	0.04844	+0.636%	$69K	$101K	20x	as long as short