Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0016%/8h= −1.8% APRpaid last 24h −0.084%

Price spread now: BingX against ApeX Omni+0.434%98s7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$660.657% of the position

Long on ApeX Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.147%−$15 on $10k

Price spread, last 4 days (all we have)−0.632%−$63 · spread now +0.434%, 7d avg −0.010%

Together, before fees−0.780%−$78 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.444% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.434% now, against its 7-day average of −0.010%): +$44 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 3 months. At the pace of the last 7 days (−0.147% in total) that is about 21 days. The two prices were read 98 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	ApeX Omni MOODENGUSDT	0.04838	0.0524	pay 0.0066% / 1h	19m 53s	$31K	$675K	25x
Short	BingX MOODENG-USDT	0.04859	0.0508	get 0.0254% / 4h	3h 19m	—	$6.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against ApeX Omni. 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 ApeX OmnibpFee BingXbpOrdersPrice spread, now +0.434%Rate

Funding earned: −$3.39
Price spread: +0.434% → −0.010%: $44.4
Slippage, 4 orders: −$45.71
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$24.71
Costs to cover: 0.657%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 33 min ago; BingX: 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 ApeX Omni live order book, 33 min ago	6.07 bp	14.3 bp −$14	147.6 bp −$1,476	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	3.10 bp	17.0 bp −$17	48.5 bp −$485	454.4 bp −$45.4K	759.3 bp −$379.6K

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 −85.1801% / S +0.0295%	1h	0.04861	+0.484%	$1K	—	100x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04861	+0.485%	$10K	$35K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04859	+0.434%	$1.6M	$4.6M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04846	+0.165%	$2.1M	$5.2M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04859	+0.434%	$578K	$869K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04856	+0.372%	$1.8M	$3.0M	50x	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04841	+0.059%	$421K	$2.8M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04976	+2.852%	$1K	$1.9M	20x	as long as short
Hyperliquid MOODENG	+0.0120%	1h	0.04855	+0.358%	$472K	$453K	3x	as long as short
Variational Omni MOODENG	+0.0125%	4h	0.04849	+0.220%	$9K	$32K	—	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	+0.0214%	4h	0.04858	+0.413%	$923K	$332K	50x	as long as short
Binance MOODENGUSDT	+0.0215%	4h	0.04858	+0.419%	$2.7M	$12.6M	50x	as long as short
BloFin MOODENG-USDT	+0.0260%	4h	0.04835	−0.062%	$185K	$125K	50x	as long as short
BingX MOODENG-USDTshort	+0.0508%	4h	0.04859	+0.434%	—	$6.7M	—
Bitget MOODENGUSDT	+0.0512%	4h	0.04864	+0.537%	$1.3M	$1.3M	50x	as long as short
ApeX Omni MOODENGUSDTlong	+0.0524%	1h	0.04838	long leg	$31K	$675K	25x
Kraken Futures PF_MOODENGUSD	+0.1159%	1h	0.04866	+0.578%	$65K	$133K	20x	as long as short