Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0466%/8h= +51.0% APRpaid last 24h +0.121%

Price spread now: ApeX Omni against Gate+0.211%96s7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$92as 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−$1111.110% of the position

Long on Gate Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.189%+$19 on $10k

Price spread, last 3 days (all we have)+0.099%+$10 · spread now +0.211%, 7d avg +0.050%

Together, before fees+0.288%+$29 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and ApeX Omni is 0.161% dearer against Gate than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.050%. The two prices were read 96 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 0.189% in total (about 9.9% 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	Gate MOODENG_USDT	0.04742	0.0100	pay 0.0050% / 4h	2h 33m	$571K	$763K	50x
Short	ApeX Omni MOODENGUSDT	0.04752	0.0566	get 0.0071% / 1h	33m 48s	$22K	$641K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Gate. 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 GatebpFee ApeX OmnibpOrdersPrice spread, now +0.211%Rate

Funding earned: $97.86
Price spread: +0.211% → +0.050%: $16.12
Slippage, 4 orders: −$85.99
Fee Gate: 7.5 bp × 2 orders: −$15
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $3
Costs to cover: 1.110%
Break-even: 6.8 days

Slippage from Gate: live order book, 52 min ago; ApeX Omni: live order book, 54 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 Gate live order book, 52 min ago	7.36 bp	40.4 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 54 min ago	8.40 bp	16.4 bp −$16	177.5 bp −$1,775	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	0.04742	−0.002%	$18	—	100x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04742	0.000%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04752	+0.211%	$2.6M	$11.0M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04749	+0.148%	$1.7M	$4.2M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04746	+0.084%	$2.1M	$4.4M	20x	as long as short
Gate MOODENG_USDTlong	+0.0100%	4h	0.04742	long leg	$571K	$763K	50x
MEXC MOODENG_USDT	+0.0100%	4h	0.04752	+0.211%	$896K	$300K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04746	+0.084%	$1.7M	$2.9M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04750	+0.165%	$7K	$29K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04753	+0.232%	$423K	$2.2M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MOODENG-USDT	+0.0100%	4h	0.04855	+2.383%	$863	$1.8M	20x	as long as short
BloFin MOODENG-USDT	+0.0141%	4h	0.04753	+0.232%	$180K	$137K	50x	as long as short
BingX MOODENG-USDT	+0.0142%	4h	0.04749	+0.148%	—	$6.7M	—	as long as short
Bitget MOODENGUSDT	+0.0144%	4h	0.04755	+0.274%	$1.2M	$1.2M	50x	as long as short
Hyperliquid MOODENG	+0.0199%	1h	0.04753	+0.232%	$463K	$415K	3x	as long as short
ApeX Omni MOODENGUSDTshort	+0.0566%	1h	0.04752	+0.211%	$22K	$641K	25x
Kraken Futures PF_MOODENGUSD	+0.9962%	1h	0.04783	+0.873%	$67K	$101K	20x	as long as short