Funding you earn now, next payment 04:00 UTC−0.0522%/8h= −57.2% APRnext payment −$2.61 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against BingX−0.125%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$750.747% of the position
Funding, last 7 days−0.035%−$3 on $10k
+Price spread, last 7 days+0.138%+$14 · spread now −0.125%, 7d avg +0.022%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Bybit is 0.148% cheaper against BingX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.022%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.035% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.61 per $10,000. 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 | BingX MOODENG-USDT | 0.04790 | 0.0622 | pay 0.0311% / 4h | 2h 03m | — | $6.7M | — |
| Short | Bybit MOODENGUSDT | 0.04784 | 0.0100 | get 0.0050% / 4h | 2h 03m | $1.6M | $4.4M | 50x |
BingX MOODENG-USDT
Bybit MOODENGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$109.62
- Price spread: −0.125% → +0.022%
- −$14.76
- Slippage, 4 orders
- −$53.73
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$199.11
- Costs to cover
- 0.747%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Bybit: live order book, 4 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 BingX live order book, 4 min ago | 3.14 bp | 17.0 bp −$17 | 43.8 bp −$438 | 542.0 bp −$54.2K | 792.4 bp −$396.2K |
| Sell Bybit live order book, 4 min ago | 4.19 bp | 21.7 bp −$22 | 48.4 bp −$484 | doesn't fit | doesn't fit |
MOODENG on 16 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 | 0.04781 | −0.198% | $18 | — | 100x | as long as short |
| Aster MOODENGUSDT | +0.0100% | 4h | 0.04777 | −0.266% | $10K | $32K | 5x | as long as short |
| Bybit MOODENGUSDTshort | +0.0100% | 4h | 0.04784 | −0.125% | $1.6M | $4.4M | 50x | |
| OKX MOODENG-USDT-SWAP | +0.0100% | 4h | 0.04778 | −0.251% | $2.1M | $4.8M | 20x | as long as short |
| Gate MOODENG_USDT | +0.0100% | 4h | 0.04779 | −0.230% | $566K | $832K | 50x | as long as short |
| MEXC MOODENG_USDT | +0.0100% | 4h | 0.04789 | −0.021% | $922K | $335K | 50x | as long as short |
| KuCoin MOODENGUSDTM | +0.0100% | 4h | 0.04781 | −0.188% | $1.8M | $3.0M | 50x | as long as short |
| Variational Omni MOODENG | +0.0100% | 4h | 0.04772 | −0.372% | $9K | $32K | — | as long as short |
| GRVT MOODENG_USDT_Perp | +0.0100% | 4h | 0.04760 | −0.630% | $422K | $2.3M | 10x | as long as short |
| SunX MOODENG-USDT | +0.0100% | 4h | 0.04900 | +2.296% | $2K | $1.9M | 20x | as long as short |
GMX MOODENG/USD [WBTC.b-USDC]
Aster MOODENGUSDT
OKX MOODENG-USDT-SWAP
Gate MOODENG_USDT
MEXC MOODENG_USDT
KuCoin MOODENGUSDTM
Variational Omni MOODENG
GRVT MOODENG_USDT_Perp
SunX MOODENG-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MOODENGUSDT | +0.0112% | 4h | 0.04783 | −0.146% | $2.6M | $11.7M | 50x | as long as short |
| BingX MOODENG-USDTlong | +0.0622% | 4h | 0.04790 | long leg | — | $6.7M | — | |
| Bitget MOODENGUSDT | +0.0678% | 4h | 0.04794 | +0.084% | $1.3M | $1.2M | 50x | as long as short |
| Hyperliquid MOODENG | +0.0693% | 1h | 0.04794 | +0.086% | $475K | $417K | 3x | as long as short |
| ApeX Omni MOODENGUSDT | +0.0740% | 1h | 0.04777 | −0.271% | $22K | $662K | 25x | as long as short |
| Kraken Futures PF_MOODENGUSD | +0.6577% | 1h | 0.04788 | −0.034% | $64K | $116K | 20x | as long as short |
Binance MOODENGUSDT
Bitget MOODENGUSDT
Hyperliquid MOODENG
ApeX Omni MOODENGUSDT
Kraken Futures PF_MOODENGUSD