Funding you earn now, next payment 12:00 UTC−0.0753%/8h= −82.5% APRnext payment −$3.77 per $10,000 · paid last 24h −0.001%
Price spread now: OKX against Bybit−0.084%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$780.783% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now −0.084%, 7d avg −0.037%
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and OKX is 0.047% cheaper against Bybit than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.037%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.058% in total (about -3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.77 per $10,000. 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 | Bybit MOODENGUSDT | 0.04784 | 0.0853 | pay 0.0427% / 4h | 3h 56m | $1.5M | $4.9M | 50x |
| Short | OKX MOODENG-USDT-SWAP | 0.04780 | 0.0100 | get 0.0050% / 4h | 3h 56m | $2.0M | $5.6M | 20x |
Bybit MOODENGUSDT
OKX MOODENG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$158.23
- Price spread: −0.084% → −0.037%
- −$4.65
- Slippage, 4 orders
- −$57.27
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$241.16
- Costs to cover
- 0.783%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; OKX: live order book, 1 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 | 3.13 bp | 19.2 bp −$19 | 45.9 bp −$459 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.04 bp | 22.6 bp −$23 | 181.7 bp −$1,817 | 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 | 0.04778 | −0.128% | $18 | — | 100x | as long as short |
| Kraken Futures PF_MOODENGUSD | −0.1302% | 1h | 0.04789 | +0.100% | $67K | $151K | 20x | as long as short |
| Hyperliquid MOODENG | +0.0100% | 1h | 0.04788 | +0.073% | $455K | $484K | 3x | as long as short |
| Aster MOODENGUSDT | +0.0100% | 4h | 0.04782 | −0.042% | $10K | $35K | 5x | as long as short |
| OKX MOODENG-USDT-SWAPshort | +0.0100% | 4h | 0.04780 | −0.084% | $2.0M | $5.6M | 20x | |
| KuCoin MOODENGUSDTM | +0.0100% | 4h | 0.04786 | +0.042% | $1.8M | $3.0M | 50x | as long as short |
| Bitget MOODENGUSDT | +0.0100% | 4h | 0.04792 | +0.167% | $1.3M | $1.3M | 50x | as long as short |
| Variational Omni MOODENG | +0.0100% | 4h | 0.04772 | −0.243% | $9K | $33K | — | as long as short |
| GRVT MOODENG_USDT_Perp | +0.0100% | 4h | 0.04783 | −0.023% | $424K | $3.4M | 10x | as long as short |
| ApeX Omni MOODENGUSDT | +0.0100% | 1h | 0.04779 | −0.105% | $31K | $692K | 25x | as long as short |
GMX MOODENG/USD [WBTC.b-USDC]
Kraken Futures PF_MOODENGUSD
Hyperliquid MOODENG
Aster MOODENGUSDT
KuCoin MOODENGUSDTM
Bitget MOODENGUSDT
Variational Omni MOODENG
GRVT MOODENG_USDT_Perp
ApeX Omni MOODENGUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MOODENG-USDT | +0.0100% | 4h | 0.04910 | +2.634% | $1K | $2.0M | 20x | as long as short |
| BloFin MOODENG-USDT | +0.0159% | 4h | 0.04797 | +0.272% | $182K | $111K | 50x | as long as short |
| MEXC MOODENG_USDT | +0.0170% | 4h | 0.04789 | +0.105% | $934K | $340K | 50x | as long as short |
| BingX MOODENG-USDT | +0.0170% | 4h | 0.04782 | −0.042% | — | $6.8M | — | as long as short |
| Binance MOODENGUSDT | +0.0172% | 4h | 0.04787 | +0.063% | $2.7M | $13.7M | 50x | as long as short |
| Gate MOODENG_USDT | +0.0450% | 4h | 0.04789 | +0.105% | $572K | $875K | 50x | as long as short |
| Bybit MOODENGUSDTlong | +0.0853% | 4h | 0.04784 | long leg | $1.5M | $4.9M | 50x |
SunX MOODENG-USDT
BloFin MOODENG-USDT
MEXC MOODENG_USDT
BingX MOODENG-USDT
Binance MOODENGUSDT
Gate MOODENG_USDT