Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0552%/8h= +60.4% APRpaid last 24h +0.104%

Price spread now: ApeX Omni against Binance+0.188%69s7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as 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−$680.684% of the position

Long on Binance Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.172%+$17 on $10k

Price spread, last 3 days (all we have)+0.263%+$26 · spread now +0.188%, 7d avg −0.007%

Together, before fees+0.436%+$44 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and ApeX Omni is 0.195% dearer against Binance than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.007%. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.172% in total (about 9.0% 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	Binance MOODENGUSDT	0.04784	0.0100	pay 0.0050% / 4h	3h 32m	$2.6M	$11.1M	50x
Short	ApeX Omni MOODENGUSDT	0.04793	0.0652	get 0.0081% / 1h	32m 30s	$20K	$633K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Binance. 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 BinancebpFee ApeX OmnibpOrdersPrice spread, now +0.188%Rate

Funding earned: $115.85
Price spread: +0.188% → −0.007%: $19.49
Slippage, 4 orders: −$48.36
Fee Binance: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $66.99
Costs to cover: 0.684%
Break-even: 3.0 days

Slippage from Binance: live order book, 13 min ago; ApeX Omni: live order book, 16 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 Binance live order book, 13 min ago	2.10 bp	18.0 bp −$18	60.0 bp −$600	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 16 min ago	8.39 bp	15.9 bp −$16	148.8 bp −$1,488	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	0.04777	−0.155%	$18	—	100x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04788	+0.084%	$10K	$33K	5x	as long as short
Binance MOODENGUSDTlong	+0.0100%	4h	0.04784	long leg	$2.6M	$11.1M	50x
Bybit MOODENGUSDT	+0.0100%	4h	0.04785	+0.021%	$1.7M	$4.2M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04780	−0.084%	$2.1M	$4.3M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04785	+0.021%	$578K	$745K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04786	+0.042%	$905K	$292K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04783	−0.021%	$1.7M	$2.9M	50x	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04790	+0.133%	$424K	$2.0M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04883	+2.069%	$2K	$1.8M	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MOODENG-USDT	+0.0124%	4h	0.04779	−0.105%	$184K	$151K	50x	as long as short
Hyperliquid MOODENG	+0.0124%	1h	0.04785	+0.023%	$465K	$432K	3x	as long as short
Variational Omni MOODENG	+0.0214%	4h	0.04790	+0.116%	$8K	$29K	—	as long as short
Bitget MOODENGUSDT	+0.0274%	4h	0.04791	+0.146%	$1.3M	$1.2M	50x	as long as short
BingX MOODENG-USDT	+0.0290%	4h	0.04785	+0.021%	—	$6.7M	—	as long as short
ApeX Omni MOODENGUSDTshort	+0.0652%	1h	0.04793	+0.188%	$20K	$633K	25x
Kraken Futures PF_MOODENGUSD	+0.7977%	1h	0.04822	+0.791%	$65K	$104K	20x	as long as short