Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+1.1404%/8h= +1248.8% APRpaid last 24h +3.147%

Price spread now: BingX against GMX+0.004%7-day average — · you sell dearer than you buy

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

Long on GMX Short on BingX

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$342 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX MOODENG/USD [WBTC.b-USDC]	0.04811	L −1.1224% / S +0.0193%	get 0.1403% / 1h	5m 12s	$19	—	100x
Short	BingX MOODENG-USDT	0.04811	0.0180	get 0.0090% / 4h	1h 05m	—	$6.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against GMX. 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 GMXbpFee BingXbpOrdersPrice spread, now +0.004%Rate

Funding earned: $2,394.92
Price spread: +0.004% → 0.000%: $0.42
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: $2,373.34
Costs to cover: 0.220%
Break-even: 0.1 days

Slippage unknown: GMX: no order-book sample; BingX: live order book, 12 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell BingX live order book, 12 min ago	3.13 bp	17.6 bp −$18	55.5 bp −$555	515.7 bp −$51.6K	776.4 bp −$388.2K

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]long	L −1.1224% / S +0.0193%	1h	0.04811	long leg	$19	—	100x
Aster MOODENGUSDT	+0.0100%	4h	0.04808	−0.051%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04817	+0.129%	$2.6M	$11.1M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04813	+0.046%	$1.7M	$4.2M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04812	+0.025%	$2.1M	$4.5M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04802	−0.183%	$576K	$776K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04816	+0.108%	$960K	$315K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04805	−0.121%	$1.7M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04811	+0.011%	$8K	$30K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04807	−0.071%	$422K	$2.2M	10x	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	0.04926	+2.395%	$2K	$1.9M	20x	as long as short
BloFin MOODENG-USDT	+0.0130%	4h	0.04817	+0.129%	$180K	$139K	50x	as long as short
BingX MOODENG-USDTshort	+0.0180%	4h	0.04811	+0.004%	—	$6.7M	—
Bitget MOODENGUSDT	+0.0210%	4h	0.04821	+0.212%	$1.3M	$1.2M	50x	as long as short
Hyperliquid MOODENG	+0.0215%	1h	0.04820	+0.185%	$468K	$412K	3x	as long as short
ApeX Omni MOODENGUSDT	+0.0894%	1h	0.04805	−0.121%	$22K	$648K	25x	as long as short
Kraken Futures PF_MOODENGUSD	+0.8997%	1h	0.04842	+0.647%	$70K	$102K	20x	as long as short