Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1407%/8h= +154.1% APRpaid last 24h +0.132%

Price spread now: ApeX Omni against OKX+0.331%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$760.762% of the position

Long on OKX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.239%+$24 on $10k

Price spread, last 3 days (all we have)−0.227%−$23 · spread now +0.331%, 7d avg +0.029%

Together, before fees+0.013%+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$42 a day on $10k at the current rate, and ApeX Omni is 0.302% dearer against OKX than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.029%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.239% in total (about 12.5% 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	OKX MOODENG-USDT-SWAP	0.04828	0.0100	pay 0.0050% / 4h	39m 03s	$2.1M	$4.6M	20x
Short	ApeX Omni MOODENGUSDT	0.04844	0.1507	get 0.0188% / 1h	39m 03s	$23K	$651K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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 OKXbpFee ApeX OmnibpOrdersPrice spread, now +0.331%Rate

Funding earned: $295.53
Price spread: +0.331% → +0.029%: $30.24
Slippage, 4 orders: −$56.17
Fee OKX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $249.59
Costs to cover: 0.762%
Break-even: 1.1 days

Slippage from OKX: live order book, 4 min ago; ApeX Omni: live order book, 39 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 OKX live order book, 4 min ago	2.07 bp	19.3 bp −$19	103.3 bp −$1,033	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 39 min ago	11.46 bp	19.8 bp −$20	152.1 bp −$1,521	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	0.04833	+0.106%	$19	—	100x	as long as short
Hyperliquid MOODENG	+0.0100%	1h	0.04836	+0.159%	$469K	$410K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04829	+0.020%	$10K	$32K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04830	+0.041%	$1.7M	$4.2M	50x	as long as short
OKX MOODENG-USDT-SWAPlong	+0.0100%	4h	0.04828	long leg	$2.1M	$4.6M	20x
Gate MOODENG_USDT	+0.0100%	4h	0.04828	0.000%	$576K	$788K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04833	+0.104%	$1.8M	$2.9M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04842	+0.298%	$8K	$30K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04849	+0.430%	$425K	$2.2M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04946	+2.444%	$2K	$1.9M	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MOODENGUSDT	+0.0139%	4h	0.04831	+0.063%	$2.6M	$11.2M	50x	as long as short
MEXC MOODENG_USDT	+0.0144%	4h	0.04830	+0.041%	$979K	$314K	50x	as long as short
BloFin MOODENG-USDT	+0.0185%	4h	0.04842	+0.290%	$181K	$140K	50x	as long as short
Bitget MOODENGUSDT	+0.0294%	4h	0.04834	+0.124%	$1.3M	$1.2M	50x	as long as short
BingX MOODENG-USDT	+0.0322%	4h	0.04831	+0.062%	—	$6.7M	—	as long as short
ApeX Omni MOODENGUSDTshort	+0.1507%	1h	0.04844	+0.331%	$23K	$651K	25x
Kraken Futures PF_MOODENGUSD	+0.6720%	1h	0.04853	+0.509%	$66K	$113K	20x	as long as short