Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0293%/8h= −32.1% APRpaid last 24h −0.093%

Price spread now: GMX against KuCoin+0.061%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on GMX

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

The price spread pays, funding is against you. GMX is 0.061% dearer against KuCoin than usual: you sell high and buy low (spread +0.061% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MOODENGUSDTM	0.04779	0.0100	pay 0.0050% / 4h	1h 12m	$1.7M	$2.9M	50x
Short	GMX MOODENG/USD [WBTC.b-USDC]	0.04782	L −1.1224% / S +0.0193%	pay 0.0024% / 1h	12m 27s	$19	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against KuCoin. 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 KuCoinbpFee GMXbpOrdersPrice spread, now +0.061%Rate

Funding earned: −$61.57
Price spread: +0.061% → 0.000%: $6.07
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee GMX: 6 bp × 2 orders: −$12
Net: −$79.5
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 5 min ago; GMX: no order-book sample. 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 KuCoin live order book, 5 min ago	2.08 bp	30.3 bp −$30	1630.7 bp −$16.3K	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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]short	L −1.1224% / S +0.0193%	1h	0.04782	+0.061%	$19	—	100x
Aster MOODENGUSDT	+0.0100%	4h	0.04784	+0.097%	$10K	$32K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04784	+0.105%	$1.6M	$4.4M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04778	−0.021%	$2.1M	$4.8M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04784	+0.105%	$577K	$842K	50x	as long as short
KuCoin MOODENGUSDTMlong	+0.0100%	4h	0.04779	long leg	$1.7M	$2.9M	50x
Variational Omni MOODENG	+0.0100%	4h	0.04815	+0.755%	$9K	$32K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04811	+0.670%	$423K	$2.4M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04902	+2.574%	$2K	$1.9M	20x	as long as short
Binance MOODENGUSDT	+0.0179%	4h	0.04782	+0.063%	$2.6M	$11.7M	50x	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	+0.0186%	4h	0.04782	+0.063%	$921K	$329K	50x	as long as short
BloFin MOODENG-USDT	+0.0215%	4h	0.04786	+0.146%	$148K	$121K	50x	as long as short
BingX MOODENG-USDT	+0.0754%	4h	0.04781	+0.042%	—	$6.7M	—	as long as short
Bitget MOODENGUSDT	+0.0772%	4h	0.04788	+0.188%	$1.3M	$1.2M	50x	as long as short
ApeX Omni MOODENGUSDT	+0.0807%	1h	0.04803	+0.502%	$22K	$664K	25x	as long as short
Hyperliquid MOODENG	+0.0986%	1h	0.04785	+0.117%	$474K	$416K	3x	as long as short
Kraken Futures PF_MOODENGUSD	+0.2831%	1h	0.04779	−0.003%	$63K	$121K	20x	as long as short