Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+1.1324%/8h= +1240.0% APRpaid last 24h +3.117%

Price spread now: Gate against GMX−0.087%7-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 Gate

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

Funding pays, the price is against you. Gate is 0.087% cheaper against GMX than usual: you would sell low and buy high (spread −0.087% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about under an hour of funding at the current rate (+$340 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX MOODENG/USD [WBTC.b-USDC]	0.04806	L −1.1224% / S +0.0193%	get 0.1403% / 1h	17m 13s	$19	—	100x
Short	Gate MOODENG_USDT	0.04802	0.0100	get 0.0050% / 4h	3h 17m	$563K	$810K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.087%Rate

Funding earned: $2,378.12
Price spread: −0.087% → 0.000%: −$8.74
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $2,342.38
Costs to cover: 0.270%
Break-even: 0.1 days

Slippage unknown: GMX: no order-book sample; Gate: live order book, 54 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 Gate live order book, 54 min ago	4.17 bp	42.1 bp −$42	doesn't fit	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	0.04806	long leg	$19	—	100x
Aster MOODENGUSDT	+0.0100%	4h	0.04803	−0.068%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04816	+0.206%	$2.6M	$11.4M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04816	+0.204%	$1.6M	$4.3M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04810	+0.079%	$2.1M	$4.7M	20x	as long as short
Gate MOODENG_USDTshort	+0.0100%	4h	0.04802	−0.087%	$563K	$810K	50x
MEXC MOODENG_USDT	+0.0100%	4h	0.04815	+0.183%	$977K	$326K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04807	+0.017%	$1.7M	$2.9M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04797	−0.197%	$8K	$30K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04796	−0.222%	$424K	$2.3M	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	0.04921	+2.389%	$1K	$1.9M	20x	as long as short
BloFin MOODENG-USDT	+0.0147%	4h	0.04806	−0.004%	$180K	$135K	50x	as long as short
ApeX Omni MOODENGUSDT	+0.0152%	1h	0.04797	−0.191%	$23K	$663K	25x	as long as short
BingX MOODENG-USDT	+0.0458%	4h	0.04806	−0.004%	—	$6.7M	—	as long as short
Bitget MOODENGUSDT	+0.0500%	4h	0.04822	+0.329%	$1.3M	$1.2M	50x	as long as short
Hyperliquid MOODENG	+0.0708%	1h	0.04815	+0.189%	$467K	$410K	3x	as long as short
Kraken Futures PF_MOODENGUSD	+0.5944%	1h	0.04841	+0.720%	$66K	$113K	20x	as long as short