Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+1.1324%/8h= +1240.0% APRpaid last 24h +3.140%

Price spread now: Binance against GMX+0.268%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Binance

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

Both sides work for this trade now. Funding pays +$340 a day on $10k at the current rate, and Binance is 0.268% dearer against GMX than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX MOODENG/USD [WBTC.b-USDC]	0.04734	L −1.1224% / S +0.0193%	get 0.1403% / 1h	20m 54s	$18	—	100x
Short	Binance MOODENGUSDT	0.04747	0.0100	get 0.0050% / 4h	2h 20m	$2.6M	$13.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.268%Rate

Funding earned: $2,378.12
Price spread: +0.268% → 0.000%: $26.83
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: $2,382.95
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Binance: live order book, 4 min ago. 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 Binance live order book, 4 min ago	2.12 bp	12.2 bp −$12	49.5 bp −$495	doesn't fit	doesn't fit

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]long	L −1.1224% / S +0.0193%	1h	0.04734	long leg	$18	—	100x
Hyperliquid MOODENG	+0.0100%	1h	0.04748	+0.294%	$455K	$464K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04732	−0.051%	$10K	$34K	5x	as long as short
Binance MOODENGUSDTshort	+0.0100%	4h	0.04747	+0.268%	$2.6M	$13.2M	50x
Bybit MOODENGUSDT	+0.0100%	4h	0.04748	+0.289%	$1.5M	$4.8M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04746	+0.247%	$2.0M	$5.3M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04734	−0.006%	$567K	$875K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04746	+0.247%	$894K	$334K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04744	+0.205%	$1.8M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04739	+0.103%	$9K	$32K	—	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_Perp	+0.0100%	4h	0.04713	−0.447%	$413K	$3.0M	10x	as long as short
ApeX Omni MOODENGUSDT	+0.0100%	1h	0.04711	−0.492%	$31K	$676K	25x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04857	+2.592%	$2K	$2.0M	20x	as long as short
BloFin MOODENG-USDT	+0.0145%	4h	0.04741	+0.142%	$178K	$128K	50x	as long as short
Bitget MOODENGUSDT	+0.0254%	4h	0.04746	+0.247%	$1.3M	$1.3M	50x	as long as short
BingX MOODENG-USDT	+0.0258%	4h	0.04745	+0.226%	—	$6.8M	—	as long as short
Kraken Futures PF_MOODENGUSD	+0.0907%	1h	0.04730	−0.087%	$63K	$145K	20x	as long as short