Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0293%/8h= −32.1% APRpaid last 24h −0.100%

Price spread now: GMX against MEXC−0.145%7-day average — · you buy dearer than you sell

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

Long on MEXC 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

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and GMX is 0.145% cheaper against MEXC than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC MOODENG_USDT	0.04816	0.0100	pay 0.0050% / 4h	3h 56m	$974K	$318K	50x
Short	GMX MOODENG/USD [WBTC.b-USDC]	0.04809	L −1.1224% / S +0.0193%	pay 0.0024% / 1h	56m 44s	$19	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against MEXC. 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 MEXCbpFee GMXbpOrdersPrice spread, now −0.145%Rate

Funding earned: −$61.57
Price spread: −0.145% → 0.000%: −$14.53
Slippage, 4 orders: no order book: not counted
Fee MEXC: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$96.11
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 9 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 MEXC live order book, 9 min ago	2.08 bp	9.9 bp −$10	23.5 bp −$235	87.1 bp −$8,711	138.6 bp −$69.3K
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	0.04809	−0.145%	$19	—	100x
Aster MOODENGUSDT	+0.0100%	4h	0.04811	−0.105%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04815	−0.021%	$2.6M	$11.3M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04813	−0.062%	$1.6M	$4.3M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04810	−0.125%	$2.1M	$4.6M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04810	−0.125%	$571K	$787K	50x	as long as short
MEXC MOODENG_USDTlong	+0.0100%	4h	0.04816	long leg	$974K	$318K	50x
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04815	−0.021%	$1.8M	$2.9M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04824	+0.163%	$8K	$30K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04831	+0.311%	$425K	$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	0.04921	+2.180%	$2K	$1.9M	20x	as long as short
BloFin MOODENG-USDT	+0.0136%	4h	0.04823	+0.145%	$180K	$139K	50x	as long as short
BingX MOODENG-USDT	+0.0276%	4h	0.04812	−0.083%	—	$6.7M	—	as long as short
Bitget MOODENGUSDT	+0.0278%	4h	0.04821	+0.104%	$1.3M	$1.2M	50x	as long as short
ApeX Omni MOODENGUSDT	+0.0508%	1h	0.04827	+0.228%	$23K	$660K	25x	as long as short
Hyperliquid MOODENG	+0.0514%	1h	0.04818	+0.039%	$467K	$412K	3x	as long as short
Kraken Futures PF_MOODENGUSD	+0.5941%	1h	0.04843	+0.568%	$66K	$113K	20x	as long as short