Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+1.1418%/8h= +1250.3% APRpaid last 24h +3.141%

Price spread now: Bitget against GMX+0.290%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 Bitget

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 +$343 a day on $10k at the current rate, and Bitget is 0.290% dearer against GMX than usual: you sell high and buy low: +$29 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]	0.04793	L −1.1224% / S +0.0193%	get 0.1403% / 1h	12m 59s	$19	—	100x
Short	Bitget MOODENGUSDT	0.04807	0.0194	get 0.0097% / 4h	1h 12m	$1.3M	$1.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.290%Rate

Funding earned: $2,397.86
Price spread: +0.290% → 0.000%: $29
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: $2,402.86
Costs to cover: 0.240%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Bitget: live order book, 3 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 Bitget live order book, 3 min ago	2.08 bp	19.0 bp −$19	160.9 bp −$1,609	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	0.04793	long leg	$19	—	100x
Aster MOODENGUSDT	+0.0100%	4h	0.04803	+0.213%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04802	+0.194%	$2.6M	$11.1M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04801	+0.165%	$1.7M	$4.2M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04797	+0.081%	$2.1M	$4.5M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04801	+0.165%	$577K	$775K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04802	+0.186%	$953K	$314K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04797	+0.081%	$1.7M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04796	+0.058%	$8K	$30K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04798	+0.102%	$422K	$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	0.04904	+2.314%	$1K	$1.9M	20x	as long as short
BloFin MOODENG-USDT	+0.0155%	4h	0.04814	+0.436%	$180K	$139K	50x	as long as short
BingX MOODENG-USDT	+0.0192%	4h	0.04802	+0.186%	—	$6.7M	—	as long as short
Bitget MOODENGUSDTshort	+0.0194%	4h	0.04807	+0.290%	$1.3M	$1.2M	50x
Hyperliquid MOODENG	+0.0221%	1h	0.04805	+0.244%	$466K	$412K	3x	as long as short
ApeX Omni MOODENGUSDT	+0.1013%	1h	0.04796	+0.061%	$22K	$648K	25x	as long as short
Kraken Futures PF_MOODENGUSD	+0.9023%	1h	0.04828	+0.731%	$69K	$102K	20x	as long as short