Funding you earn now, next payment 04:00 UTC−0.0660%/8h= −72.3% APRnext payment −$3.30 per $10,000 · paid last 24h −0.033%
Price spread now: OKX against Bitget−0.210%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$820.820% of the position
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 7 days+0.120%+$12 · spread now −0.210%, 7d avg −0.065%
=Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and OKX is 0.145% cheaper against Bitget than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.065%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.067% in total (about -3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.30 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 | Bitget MOODENGUSDT | 0.04770 | 0.0760 | pay 0.0380% / 4h | 1h 07m | $1.3M | $1.2M | 50x |
| Short | OKX MOODENG-USDT-SWAP | 0.04760 | 0.0100 | get 0.0050% / 4h | 1h 07m | $2.1M | $4.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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
- −$138.6
- Price spread: −0.210% → −0.065%
- −$14.47
- Slippage, 4 orders
- −$59.99
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$235.06
- Costs to cover
- 0.820%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 5 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 Bitget live order book, 4 min ago | 1.04 bp | 26.1 bp −$26 | 219.6 bp −$2,196 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.05 bp | 18.3 bp −$18 | 156.5 bp −$1,565 | 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 | 0.04765 | −0.105% | $18 | — | 100x | as long as short |
| Aster MOODENGUSDT | +0.0100% | 4h | 0.04771 | +0.018% | $10K | $32K | 5x | as long as short |
| Bybit MOODENGUSDT | +0.0100% | 4h | 0.04764 | −0.126% | $1.6M | $4.4M | 50x | as long as short |
| OKX MOODENG-USDT-SWAPshort | +0.0100% | 4h | 0.04760 | −0.210% | $2.1M | $4.8M | 20x | |
| Gate MOODENG_USDT | +0.0100% | 4h | 0.04770 | 0.000% | $575K | $842K | 50x | as long as short |
| KuCoin MOODENGUSDTM | +0.0100% | 4h | 0.04768 | −0.042% | $1.7M | $2.9M | 50x | as long as short |
| Variational Omni MOODENG | +0.0100% | 4h | 0.04789 | +0.400% | $9K | $32K | — | as long as short |
| GRVT MOODENG_USDT_Perp | +0.0100% | 4h | 0.04777 | +0.148% | $416K | $2.5M | 10x | as long as short |
| SunX MOODENG-USDT | +0.0100% | 4h | 0.04882 | +2.348% | $2K | $1.9M | 20x | as long as short |
| BloFin MOODENG-USDT | +0.0164% | 4h | 0.04792 | +0.461% | $182K | $121K | 50x | 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 | +0.0168% | 4h | 0.04769 | −0.021% | $917K | $330K | 50x | as long as short |
| Binance MOODENGUSDT | +0.0169% | 4h | 0.04769 | −0.027% | $2.6M | $11.7M | 50x | as long as short |
| ApeX Omni MOODENGUSDT | +0.0605% | 1h | 0.04783 | +0.273% | $22K | $662K | 25x | as long as short |
| BingX MOODENG-USDT | +0.0742% | 4h | 0.04772 | +0.042% | — | $6.7M | — | as long as short |
| Bitget MOODENGUSDTlong | +0.0760% | 4h | 0.04770 | long leg | $1.3M | $1.2M | 50x | |
| Hyperliquid MOODENG | +0.0989% | 1h | 0.04773 | +0.069% | $473K | $415K | 3x | as long as short |
| Kraken Futures PF_MOODENGUSD | +0.2834% | 1h | 0.04773 | +0.061% | $63K | $125K | 20x | as long as short |
Bitget MOODENGUSDT
OKX MOODENG-USDT-SWAP
GMX MOODENG/USD [WBTC.b-USDC]
Aster MOODENGUSDT
Bybit MOODENGUSDT
Gate MOODENG_USDT
KuCoin MOODENGUSDTM
Variational Omni MOODENG
GRVT MOODENG_USDT_Perp
SunX MOODENG-USDT
BloFin MOODENG-USDT
MEXC MOODENG_USDT
Binance MOODENGUSDT
ApeX Omni MOODENGUSDT
BingX MOODENG-USDT
Hyperliquid MOODENG
Kraken Futures PF_MOODENGUSD