Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+1.1324%/8h= +1240.0% APRpaid last 24h +3.267%

Price spread now: KuCoin against GMX+0.159%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 KuCoin

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 KuCoin is 0.159% dearer against GMX than usual: you sell high and buy low: +$16 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]	0.04771	L −1.1224% / S +0.0193%	get 0.1403% / 1h	22m 14s	$18	—	100x
Short	KuCoin MOODENGUSDTM	0.04779	0.0100	get 0.0050% / 4h	22m 14s	$1.8M	$3.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.159%Rate

Funding earned: $2,378.12
Price spread: +0.159% → 0.000%: $15.93
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $2,370.05
Costs to cover: 0.240%
Break-even: 0.0 days

Slippage unknown: GMX: no order-book sample; KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago	1.05 bp	27.0 bp −$27	471.7 bp −$4,717	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	0.04771	long leg	$18	—	100x
Kraken Futures PF_MOODENGUSD	−0.1190%	1h	0.04772	+0.008%	$66K	$151K	20x	as long as short
BloFin MOODENG-USDT	+0.0091%	4h	0.04767	−0.092%	$182K	$111K	50x	as long as short
Hyperliquid MOODENG	+0.0100%	1h	0.04783	+0.247%	$453K	$482K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04778	+0.138%	$9K	$35K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04782	+0.222%	$1.5M	$4.9M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04776	+0.096%	$2.0M	$5.5M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04777	+0.117%	$579K	$905K	50x	as long as short
KuCoin MOODENGUSDTMshort	+0.0100%	4h	0.04779	+0.159%	$1.8M	$3.0M	50x
Bitget MOODENGUSDT	+0.0100%	4h	0.04781	+0.201%	$1.3M	$1.4M	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MOODENG	+0.0100%	4h	0.04756	−0.320%	$9K	$32K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04766	−0.113%	$423K	$3.3M	10x	as long as short
ApeX Omni MOODENGUSDT	+0.0100%	1h	0.04774	+0.054%	$31K	$688K	25x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04874	+2.150%	$1K	$2.0M	20x	as long as short
MEXC MOODENG_USDT	+0.0108%	4h	0.04780	+0.180%	$937K	$345K	50x	as long as short
Binance MOODENGUSDT	+0.0111%	4h	0.04779	+0.170%	$2.7M	$13.6M	50x	as long as short
BingX MOODENG-USDT	+0.0124%	4h	0.04781	+0.201%	—	$6.8M	—	as long as short