Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.1291%/8h= +141.3% APRpaid last 24h +0.121%

Price spread now: ApeX Omni against OKX+0.313%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$700.701% of the position

Long on OKX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.228%+$23 on $10k

Price spread, last 3 days (all we have)−0.154%−$15 · spread now +0.313%, 7d avg +0.032%

Together, before fees+0.074%+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and ApeX Omni is 0.281% dearer against OKX than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.032%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.228% in total (about 11.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX MOODENG-USDT-SWAP	0.04790	0.0100	pay 0.0050% / 4h	1h 29m	$2.1M	$4.5M	20x
Short	ApeX Omni MOODENGUSDT	0.04805	0.1391	get 0.0174% / 1h	29m 26s	$22K	$648K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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 OKXbpFee ApeX OmnibpOrdersPrice spread, now +0.313%Rate

Funding earned: $271.02
Price spread: +0.313% → +0.032%: $28.13
Slippage, 4 orders: −$50.14
Fee OKX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $229.01
Costs to cover: 0.701%
Break-even: 1.1 days

Slippage from OKX: live order book, 3 min ago; ApeX Omni: live order book, 54 min ago.

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 OKX live order book, 3 min ago	3.13 bp	18.2 bp −$18	105.6 bp −$1,056	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 54 min ago	8.35 bp	17.0 bp −$17	148.6 bp −$1,486	doesn't fit	doesn't fit

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]	L −1.1224% / S +0.0193%	1h	0.04786	−0.094%	$19	—	100x	as long as short
BloFin MOODENG-USDT	+0.0092%	4h	0.04797	+0.146%	$179K	$138K	50x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04793	+0.063%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04796	+0.125%	$2.6M	$11.1M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04794	+0.084%	$1.7M	$4.2M	50x	as long as short
OKX MOODENG-USDT-SWAPlong	+0.0100%	4h	0.04790	long leg	$2.1M	$4.5M	20x
Gate MOODENG_USDT	+0.0100%	4h	0.04787	−0.063%	$574K	$774K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04796	+0.125%	$926K	$307K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04791	+0.021%	$1.7M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04789	−0.023%	$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	+2.129%	$2K	$1.8M	20x	as long as short
GRVT MOODENG_USDT_Perp	+0.0124%	4h	0.04789	−0.021%	$422K	$2.2M	10x	as long as short
Bitget MOODENGUSDT	+0.0218%	4h	0.04800	+0.209%	$1.3M	$1.2M	50x	as long as short
BingX MOODENG-USDT	+0.0232%	4h	0.04794	+0.084%	—	$6.7M	—	as long as short
Hyperliquid MOODENG	+0.0269%	1h	0.04797	+0.142%	$465K	$412K	3x	as long as short
ApeX Omni MOODENGUSDTshort	+0.1391%	1h	0.04805	+0.313%	$22K	$648K	25x
Kraken Futures PF_MOODENGUSD	+0.9032%	1h	0.04823	+0.697%	$69K	$101K	20x	as long as short