Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.2091%/8h= −229.0% APRpaid last 24h −0.115%

Price spread now: MEXC against ApeX Omni+0.185%51s7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as 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−$640.644% of the position

Long on ApeX Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.189%−$19 on $10k

Price spread, last 3 days (all we have)−0.349%−$35 · spread now +0.185%, 7d avg −0.009%

Together, before fees−0.538%−$54 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.194% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.185% now, against its 7-day average of −0.009%): +$19 on $10k if it goes back. Holding the pair costs −$63 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.189% in total) that is about 7.2 days. The two prices were read 51 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 -0.189% in total (about -9.9% 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	ApeX Omni MOODENGUSDT	0.04853	0.2253	pay 0.0282% / 1h	44m 38s	$23K	$650K	25x
Short	MEXC MOODENG_USDT	0.04862	0.0162	get 0.0081% / 4h	44m 38s	$985K	$314K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against ApeX Omni. 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 ApeX OmnibpFee MEXCbpOrdersPrice spread, now +0.185%Rate

Funding earned: −$439.15
Price spread: +0.185% → −0.009%: $19.4
Slippage, 4 orders: −$46.43
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$484.19
Costs to cover: 0.644%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 33 min ago; MEXC: live order book, 26 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 ApeX Omni live order book, 33 min ago	11.46 bp	19.3 bp −$19	182.9 bp −$1,829	doesn't fit	doesn't fit
Sell MEXC live order book, 26 min ago	1.04 bp	11.9 bp −$12	29.5 bp −$295	92.7 bp −$9,267	144.2 bp −$72.1K

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	0.04859	+0.128%	$19	—	100x	as long as short
Hyperliquid MOODENG	+0.0100%	1h	0.04862	+0.177%	$472K	$412K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04865	+0.242%	$10K	$32K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04863	+0.206%	$1.7M	$4.2M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04855	+0.041%	$2.1M	$4.6M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04859	+0.124%	$580K	$787K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04858	+0.103%	$1.8M	$2.9M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04861	+0.173%	$8K	$30K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04840	−0.269%	$426K	$2.2M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04972	+2.452%	$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
BloFin MOODENG-USDT	+0.0152%	4h	0.04868	+0.309%	$181K	$141K	50x	as long as short
MEXC MOODENG_USDTshort	+0.0162%	4h	0.04862	+0.185%	$985K	$314K	50x
Binance MOODENGUSDT	+0.0164%	4h	0.04861	+0.157%	$2.6M	$11.2M	50x	as long as short
Bitget MOODENGUSDT	+0.0322%	4h	0.04868	+0.309%	$1.3M	$1.2M	50x	as long as short
BingX MOODENG-USDT	+0.0322%	4h	0.04857	+0.082%	—	$6.7M	—	as long as short
ApeX Omni MOODENGUSDTlong	+0.2253%	1h	0.04853	long leg	$23K	$650K	25x
Kraken Futures PF_MOODENGUSD	+0.6661%	1h	0.04895	+0.868%	$66K	$112K	20x	as long as short