Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0293%/8h= −32.1% APRpaid last 24h −0.091%

Price spread now: GMX against Aster−0.099%7-day average — · you buy dearer than you sell

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

Long on Aster 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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and GMX is 0.099% cheaper against Aster than usual: you would sell low and buy high (−$10 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	Aster MOODENGUSDT	0.04766	0.0100	pay 0.0050% / 4h	19m 07s	$10K	$30K	5x
Short	GMX MOODENG/USD [WBTC.b-USDC]	0.04761	L −1.1224% / S +0.0193%	pay 0.0024% / 1h	19m 07s	$18	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Aster. 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 AsterbpFee GMXbpOrdersPrice spread, now −0.099%Rate

Funding earned: −$61.57
Price spread: −0.099% → 0.000%: −$9.9
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$91.47
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Aster: no order-book sample; 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 Aster no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Aster and 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	0.04761	−0.099%	$18	—	100x
Aster MOODENGUSDTlong	+0.0100%	4h	0.04766	long leg	$10K	$30K	5x
Bybit MOODENGUSDT	+0.0100%	4h	0.04769	+0.060%	$1.6M	$4.5M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04764	−0.044%	$2.1M	$4.8M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04763	−0.065%	$574K	$845K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04764	−0.044%	$1.7M	$2.9M	50x	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04787	+0.432%	$416K	$2.6M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04878	+2.347%	$2K	$1.9M	20x	as long as short
BloFin MOODENG-USDT	+0.0190%	4h	0.04766	−0.003%	$178K	$121K	50x	as long as short
MEXC MOODENG_USDT	+0.0212%	4h	0.04768	+0.039%	$905K	$325K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MOODENGUSDT	+0.0213%	4h	0.04770	+0.081%	$2.6M	$11.9M	50x	as long as short
Variational Omni MOODENG	+0.0244%	4h	0.04771	+0.105%	$9K	$32K	—	as long as short
ApeX Omni MOODENGUSDT	+0.0667%	1h	0.04780	+0.291%	$22K	$666K	25x	as long as short
Bitget MOODENGUSDT	+0.0686%	4h	0.04771	+0.102%	$1.3M	$1.2M	50x	as long as short
BingX MOODENG-USDT	+0.0702%	4h	0.04764	−0.044%	—	$6.7M	—	as long as short
Hyperliquid MOODENG	+0.1139%	1h	0.04771	+0.109%	$477K	$420K	3x	as long as short
Kraken Futures PF_MOODENGUSD	+0.1237%	1h	0.04769	+0.066%	$63K	$131K	20x	as long as short