Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.2212%/8h= +242.2% APRpaid last 24h +0.140%

Price spread now: ApeX Omni against SunX−1.949%7-day average −2.178% · you buy dearer than you sell

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

Long on SunX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.232%+$23 on $10k

Price spread, last 4 days (all we have)−0.213%−$21 · spread now −1.949%, 7d avg −2.178%

Together, before fees+0.019%+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$66 a day on $10k at the current rate, and ApeX Omni is 0.229% dearer against SunX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −2.178%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.232% in total (about 12.1% 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	SunX MOODENG-USDT	0.05029	0.0100	pay 0.0050% / 4h	3h 46m	$1K	$1.9M	20x
Short	ApeX Omni MOODENGUSDT	0.04931	0.2312	get 0.0289% / 1h	46m 37s	$32K	$675K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against SunX. 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 SunXbpFee ApeX OmnibpOrdersPrice spread, now −1.949%Rate

Funding earned: $464.52
Price spread: −1.949% → −2.178%: $22.93
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $469.45
Costs to cover: 0.180%
Break-even: from the start

Slippage unknown: SunX: live order book, 9 min ago; ApeX Omni: live order book, 7 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 SunX live order book, 9 min ago	235.40 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 7 min ago	6.07 bp	14.2 bp −$14	130.4 bp −$1,304	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 −169.2378% / S +0.0396%	1h	0.04924	−2.084%	$3K	—	100x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04913	−2.307%	$1.6M	$4.6M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04911	−2.346%	$2.1M	$5.1M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04913	−2.307%	$592K	$854K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04915	−2.267%	$1.8M	$2.9M	50x	as long as short
SunX MOODENG-USDTlong	+0.0100%	4h	0.05029	long leg	$1K	$1.9M	20x
Aster MOODENGUSDT	+0.0178%	4h	0.04917	−2.227%	$10K	$35K	5x	as long as short
BloFin MOODENG-USDT	+0.0287%	4h	0.04931	−1.949%	$181K	$126K	50x	as long as short
Binance MOODENGUSDT	+0.0296%	4h	0.04915	−2.271%	$2.7M	$12.3M	50x	as long as short
MEXC MOODENG_USDT	+0.0300%	4h	0.04918	−2.207%	$923K	$327K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MOODENG	+0.0347%	4h	0.04951	−1.548%	$9K	$32K	—	as long as short
Hyperliquid MOODENG	+0.0504%	1h	0.04924	−2.092%	$493K	$430K	3x	as long as short
GRVT MOODENG_USDT_Perp	+0.0508%	4h	0.04934	−1.895%	$434K	$2.7M	10x	as long as short
BingX MOODENG-USDT	+0.0654%	4h	0.04916	−2.247%	—	$6.7M	—	as long as short
Bitget MOODENGUSDT	+0.0674%	4h	0.04920	−2.167%	$1.3M	$1.2M	50x	as long as short
Kraken Futures PF_MOODENGUSD	+0.1146%	1h	0.04922	−2.124%	$65K	$133K	20x	as long as short
ApeX Omni MOODENGUSDTshort	+0.2312%	1h	0.04931	−1.949%	$32K	$675K	25x