Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+1.1324%/8h= +1240.0% APRpaid last 24h +3.134%

Price spread now: MEXC against GMX+0.219%58s7-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 MEXC

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 MEXC is 0.219% dearer against GMX than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX MOODENG/USD [WBTC.b-USDC]	0.04786	L −1.1224% / S +0.0193%	get 0.1403% / 1h	29m 33s	$19	—	100x
Short	MEXC MOODENG_USDT	0.04796	0.0100	get 0.0050% / 4h	1h 29m	$926K	$307K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.219%Rate

Funding earned: $2,378.12
Price spread: +0.219% → 0.000%: $21.94
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: $2,380.06
Costs to cover: 0.200%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; MEXC: live order book, 46 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 MEXC live order book, 46 min ago	2.09 bp	12.1 bp −$12	33.9 bp −$339	100.7 bp −$10.1K	147.4 bp −$73.7K

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	0.04786	long leg	$19	—	100x
BloFin MOODENG-USDT	+0.0092%	4h	0.04797	+0.240%	$179K	$138K	50x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04793	+0.157%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04796	+0.219%	$2.6M	$11.1M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04794	+0.178%	$1.7M	$4.2M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04790	+0.094%	$2.1M	$4.5M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04787	+0.031%	$574K	$774K	50x	as long as short
MEXC MOODENG_USDTshort	+0.0100%	4h	0.04796	+0.219%	$926K	$307K	50x
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04791	+0.115%	$1.7M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04789	+0.071%	$8K	$30K	—	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	0.04892	+2.225%	$2K	$1.8M	20x	as long as short
GRVT MOODENG_USDT_Perp	+0.0124%	4h	0.04789	+0.073%	$422K	$2.2M	10x	as long as short
Bitget MOODENGUSDT	+0.0218%	4h	0.04800	+0.303%	$1.3M	$1.2M	50x	as long as short
BingX MOODENG-USDT	+0.0232%	4h	0.04794	+0.178%	—	$6.7M	—	as long as short
Hyperliquid MOODENG	+0.0269%	1h	0.04797	+0.236%	$465K	$412K	3x	as long as short
ApeX Omni MOODENGUSDT	+0.1391%	1h	0.04805	+0.407%	$22K	$648K	25x	as long as short
Kraken Futures PF_MOODENGUSD	+0.9032%	1h	0.04823	+0.792%	$69K	$101K	20x	as long as short