Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+1.1324%/8h= +1240.0% APRpaid last 24h +3.165%

Price spread now: Variational Omni against GMX+0.032%50s7-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 Variational Omni

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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$340 a day on $10k at the current rate, and Variational Omni is 0.032% dearer against GMX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX MOODENG/USD [WBTC.b-USDC]	0.04764	L −1.1224% / S +0.0193%	get 0.1403% / 1h	50m 39s	$18	—	100x
Short	Variational Omni MOODENG	0.04765	0.0100	get 0.0050% / 4h	1h 50m	$9K	$32K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.032%Rate

Funding earned: $2,378.12
Price spread: +0.032% → 0.000%: $3.18
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $2,369.3
Costs to cover: 0.120%
Break-even: 0.0 days

Slippage unknown: GMX: no order-book sample; Variational Omni: 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 GMX no order-book sample	—	—	—	—	—
Sell Variational Omni no order-book sample	—	—	—	—	—

GMX and Variational Omni: 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	0.04764	long leg	$18	—	100x
Hyperliquid MOODENG	+0.0100%	1h	0.04778	+0.294%	$452K	$474K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04755	−0.179%	$10K	$34K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04761	−0.057%	$1.5M	$4.8M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04780	+0.342%	$2.1M	$5.4M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04758	−0.120%	$579K	$886K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04761	−0.057%	$1.8M	$3.0M	50x	as long as short
Variational Omni MOODENGshort	+0.0100%	4h	0.04765	+0.032%	$9K	$32K	—
ApeX Omni MOODENGUSDT	+0.0100%	1h	0.04762	−0.036%	$31K	$680K	25x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04867	+2.168%	$2K	$2.0M	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MOODENG_USDT_Perp	+0.0122%	4h	0.04764	−0.001%	$414K	$3.1M	10x	as long as short
BloFin MOODENG-USDT	+0.0151%	4h	0.04757	−0.141%	$181K	$111K	50x	as long as short
MEXC MOODENG_USDT	+0.0160%	4h	0.04775	+0.237%	$907K	$336K	50x	as long as short
Binance MOODENGUSDT	+0.0162%	4h	0.04777	+0.289%	$2.7M	$13.3M	50x	as long as short
Kraken Futures PF_MOODENGUSD	+0.0177%	1h	0.04758	−0.110%	$65K	$147K	20x	as long as short
Bitget MOODENGUSDT	+0.0220%	4h	0.04785	+0.447%	$1.3M	$1.3M	50x	as long as short
BingX MOODENG-USDT	+0.0228%	4h	0.04781	+0.363%	—	$6.8M	—	as long as short