Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: Bybit against OKX−0.083%7-day average +0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$710.708% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 7 days+0.155%+$15 · spread now −0.083%, 7d avg +0.041%

Together, before fees+0.213%+$21 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.124% cheaper against OKX than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX MOODENG-USDT-SWAP	0.04814	0.0100	pay 0.0050% / 4h	5m 45s	$2.1M	$4.6M	20x
Short	Bybit MOODENGUSDT	0.04810	0.0100	get 0.0050% / 4h	5m 45s	$1.6M	$4.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.083%Rate

Funding earned: $0
Price spread: −0.083% → +0.041%: −$12.37
Slippage, 4 orders: −$49.83
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$83.2
Costs to cover: 0.708%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago	3.12 bp	14.5 bp −$14	100.9 bp −$1,009	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	4.16 bp	21.2 bp −$21	48.8 bp −$488	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	0.04807	−0.141%	$19	—	100x	as long as short
BloFin MOODENG-USDT	+0.0095%	4h	0.04818	+0.083%	$180K	$139K	50x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04813	−0.022%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04819	+0.097%	$2.6M	$11.2M	50x	as long as short
Bybit MOODENGUSDTshort	+0.0100%	4h	0.04810	−0.083%	$1.6M	$4.2M	50x
OKX MOODENG-USDT-SWAPlong	+0.0100%	4h	0.04814	long leg	$2.1M	$4.6M	20x
Gate MOODENG_USDT	+0.0100%	4h	0.04809	−0.104%	$572K	$798K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04816	+0.042%	$968K	$320K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04811	−0.062%	$1.8M	$2.9M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04810	−0.086%	$8K	$30K	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04816	+0.042%	$422K	$2.2M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04918	+2.160%	$2K	$1.9M	20x	as long as short
Hyperliquid MOODENG	+0.0174%	1h	0.04823	+0.195%	$468K	$411K	3x	as long as short
BingX MOODENG-USDT	+0.0210%	4h	0.04813	−0.021%	—	$6.7M	—	as long as short
Bitget MOODENGUSDT	+0.0226%	4h	0.04823	+0.187%	$1.3M	$1.2M	50x	as long as short
ApeX Omni MOODENGUSDT	+0.0401%	1h	0.04816	+0.042%	$23K	$657K	25x	as long as short
Kraken Futures PF_MOODENGUSD	+0.6732%	1h	0.04844	+0.620%	$66K	$113K	20x	as long as short