Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0293%/8h= −32.1% APRpaid last 24h −0.100%

Price spread now: GMX against Binance−0.317%7-day average — · you buy dearer than you sell

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

Long on Binance 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—needs both histories

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and GMX is 0.317% cheaper against Binance than usual: you would sell low and buy high (−$32 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	Binance MOODENGUSDT	0.04826	0.0100	pay 0.0050% / 4h	3h 03m	$2.6M	$11.5M	50x
Short	GMX MOODENG/USD [WBTC.b-USDC]	0.04811	L −1.1224% / S +0.0193%	pay 0.0024% / 1h	3m 05s	$19	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.317%Rate

Funding earned: −$61.57
Price spread: −0.317% → 0.000%: −$31.7
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$115.27
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 7 min ago; 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 Binance live order book, 7 min ago	1.02 bp	15.4 bp −$15	52.9 bp −$529	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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	0.04811	−0.317%	$19	—	100x
BloFin MOODENG-USDT	+0.0077%	4h	0.04817	−0.186%	$178K	$136K	50x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04829	+0.056%	$10K	$32K	5x	as long as short
Binance MOODENGUSDTlong	+0.0100%	4h	0.04826	long leg	$2.6M	$11.5M	50x
Bybit MOODENGUSDT	+0.0100%	4h	0.04818	−0.166%	$1.7M	$4.3M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04817	−0.186%	$2.1M	$4.8M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04829	+0.062%	$564K	$814K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04818	−0.166%	$977K	$330K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04831	+0.104%	$1.8M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04856	+0.613%	$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	0.04927	+2.093%	$2K	$1.9M	20x	as long as short
GRVT MOODENG_USDT_Perp	+0.0162%	4h	0.04862	+0.742%	$422K	$2.3M	10x	as long as short
BingX MOODENG-USDT	+0.0520%	4h	0.04828	+0.041%	—	$6.7M	—	as long as short
Hyperliquid MOODENG	+0.0569%	1h	0.04812	−0.290%	$466K	$411K	3x	as long as short
Bitget MOODENGUSDT	+0.0570%	4h	0.04822	−0.083%	$1.3M	$1.2M	50x	as long as short
ApeX Omni MOODENGUSDT	+0.0604%	1h	0.04859	+0.684%	$23K	$665K	25x	as long as short
Kraken Futures PF_MOODENGUSD	+0.5964%	1h	0.04825	−0.022%	$66K	$110K	20x	as long as short