Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+85.2245%/8h= +93320.8% APRpaid last 24h +3.173%

Price spread now: BingX against GMX+0.025%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 BingX

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 +$25.6K a day on $10k at the current rate, and BingX is 0.025% dearer against GMX than usual: you sell high and buy low: +$3 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]	0.04790	L −85.1801% / S +0.0295%	get 10.6475% / 1h	8m 16s	$1K	—	100x
Short	BingX MOODENG-USDT	0.04791	0.0444	get 0.0222% / 4h	3h 08m	—	$6.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.025%Rate

Funding earned: $178,971.45
Price spread: +0.025% → 0.000%: $2.51
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: $178,951.95
Costs to cover: 0.220%
Break-even: 0.0 days

Slippage unknown: GMX: no order-book sample; BingX: live order book, 14 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 BingX live order book, 14 min ago	3.10 bp	17.0 bp −$17	48.5 bp −$485	454.4 bp −$45.4K	759.3 bp −$379.6K

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 −85.1801% / S +0.0295%	1h	0.04790	long leg	$1K	—	100x
Hyperliquid MOODENG	+0.0100%	1h	0.04797	+0.142%	$466K	$454K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04791	+0.025%	$10K	$34K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04792	+0.046%	$1.6M	$4.6M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04794	+0.088%	$2.1M	$5.2M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04786	−0.079%	$572K	$873K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04788	−0.038%	$1.8M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04808	+0.382%	$9K	$32K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04838	+1.005%	$426K	$2.9M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04909	+2.489%	$1K	$1.9M	20x	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	+0.0152%	4h	0.04793	+0.067%	$900K	$335K	50x	as long as short
Binance MOODENGUSDT	+0.0152%	4h	0.04793	+0.070%	$2.6M	$12.7M	50x	as long as short
BloFin MOODENG-USDT	+0.0166%	4h	0.04806	+0.338%	$183K	$125K	50x	as long as short
ApeX Omni MOODENGUSDT	+0.0272%	1h	0.04843	+1.111%	$32K	$676K	25x	as long as short
Bitget MOODENGUSDT	+0.0436%	4h	0.04798	+0.171%	$1.3M	$1.3M	50x	as long as short
BingX MOODENG-USDTshort	+0.0444%	4h	0.04791	+0.025%	—	$6.7M	—
Kraken Futures PF_MOODENGUSD	+0.1176%	1h	0.04797	+0.151%	$64K	$133K	20x	as long as short