Funding arb · Price arb /

MOODENG

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+169.2502%/8h= +185329.0% APRpaid last 24h +3.125%

Price spread now: Aster against GMX−0.071%51s7-day average — · you buy dearer than you sell

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

Long on GMX Short on Aster

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aster is 0.071% cheaper against GMX than usual: you would sell low and buy high (spread −0.071% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about under an hour of funding at the current rate (+$50.8K a day). The two prices were read 51 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	GMX MOODENG/USD [WBTC.b-USDC]	0.04873	L −169.2378% / S +0.0396%	get 21.1547% / 1h	31m 31s	$3K	—	100x
Short	Aster MOODENGUSDT	0.04870	0.0124	get 0.0062% / 4h	3h 31m	$10K	$35K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against GMX. 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 GMXbpFee AsterbpOrdersPrice spread, now −0.071%Rate

Funding earned: $355,425.4
Price spread: −0.071% → 0.000%: −$7.1
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: $355,398.3
Costs to cover: 0.200%
Break-even: 0.0 days

Slippage unknown: GMX: no order-book sample; Aster: 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 GMX no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

GMX and Aster: 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]long	L −169.2378% / S +0.0396%	1h	0.04873	long leg	$3K	—	100x
Bybit MOODENGUSDT	+0.0100%	4h	0.04891	+0.363%	$1.6M	$4.6M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04895	+0.445%	$2.1M	$5.2M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04870	−0.068%	$579K	$862K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04871	−0.047%	$1.8M	$2.9M	50x	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04862	−0.222%	$423K	$2.8M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04989	+2.374%	$2K	$1.9M	20x	as long as short
Aster MOODENGUSDTshort	+0.0124%	4h	0.04870	−0.071%	$10K	$35K	5x
BloFin MOODENG-USDT	+0.0225%	4h	0.04856	−0.355%	$186K	$125K	50x	as long as short
Binance MOODENGUSDT	+0.0246%	4h	0.04882	+0.171%	$2.7M	$12.5M	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	+0.0252%	4h	0.04891	+0.363%	$913K	$329K	50x	as long as short
Variational Omni MOODENG	+0.0253%	4h	0.04889	+0.325%	$9K	$32K	—	as long as short
Hyperliquid MOODENG	+0.0298%	1h	0.04901	+0.564%	$487K	$440K	3x	as long as short
Bitget MOODENGUSDT	+0.0580%	4h	0.04891	+0.363%	$1.3M	$1.2M	50x	as long as short
BingX MOODENG-USDT	+0.0608%	4h	0.04871	−0.047%	—	$6.7M	—	as long as short
ApeX Omni MOODENGUSDT	+0.0658%	1h	0.04859	−0.293%	$32K	$675K	25x	as long as short
Kraken Futures PF_MOODENGUSD	+0.1156%	1h	0.04879	+0.116%	$65K	$133K	20x	as long as short