Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0389%/8h= +42.6% APRpaid last 24h +0.102%

Price spread now: ApeX Omni against BloFin+0.084%103s7-day average −0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$38as 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−$570.575% of the position

Long on BloFin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.194%+$19 on $10k

Price spread, last 4 days (all we have)+0.051%+$5 · spread now +0.084%, 7d avg −0.038%

Together, before fees+0.245%+$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and ApeX Omni is 0.122% dearer against BloFin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.038%. The two prices were read 103 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 0.194% in total (about 10.1% 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	BloFin MOODENG-USDT	0.04773	0.0232	pay 0.0116% / 4h	3h 17m	$179K	$130K	50x
Short	ApeX Omni MOODENGUSDT	0.04777	0.0621	get 0.0078% / 1h	17m 25s	$31K	$693K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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 BloFinbpFee ApeX OmnibpOrdersPrice spread, now +0.084%Rate

Funding earned: $81.69
Price spread: +0.084% → −0.038%: $12.21
Slippage, 4 orders: −$35.46
Fee BloFin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $36.44
Costs to cover: 0.575%
Break-even: 3.9 days

Slippage from BloFin: live order book, 48 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 BloFin live order book, 48 min ago	4.18 bp	13.3 bp −$13	36.4 bp −$364	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 16 min ago	6.34 bp	14.8 bp −$15	154.3 bp −$1,543	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	0.04776	+0.054%	$18	—	100x	as long as short
Kraken Futures PF_MOODENGUSD	−0.1303%	1h	0.04786	+0.279%	$66K	$147K	20x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04779	+0.119%	$10K	$35K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04781	+0.168%	$1.5M	$4.9M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04784	+0.230%	$2.0M	$5.6M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04779	+0.126%	$581K	$897K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04785	+0.251%	$1.8M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04777	+0.080%	$9K	$33K	—	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04898	+2.619%	$2K	$2.0M	20x	as long as short
Hyperliquid MOODENG	+0.0105%	1h	0.04785	+0.247%	$455K	$481K	3x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MOODENGUSDT	+0.0106%	4h	0.04787	+0.293%	$1.3M	$1.3M	50x	as long as short
BingX MOODENG-USDT	+0.0220%	4h	0.04786	+0.272%	—	$6.8M	—	as long as short
MEXC MOODENG_USDT	+0.0228%	4h	0.04783	+0.210%	$970K	$352K	50x	as long as short
BloFin MOODENG-USDTlong	+0.0232%	4h	0.04773	long leg	$179K	$130K	50x
Binance MOODENGUSDT	+0.0247%	4h	0.04786	+0.271%	$2.7M	$13.7M	50x	as long as short
GRVT MOODENG_USDT_Perp	+0.0370%	4h	0.04779	+0.125%	$420K	$3.5M	10x	as long as short
ApeX Omni MOODENGUSDTshort	+0.0621%	1h	0.04777	+0.084%	$31K	$693K	25x