Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.2519%/8h= +275.8% APRpaid last 24h +0.116%

Price spread now: ApeX Omni against Bybit+0.126%7-day average −0.040% · 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−$53as in the Price arb table

costs, in and out, $10k−$690.692% of the position

Long on Bybit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.170%+$17 on $10k

Price spread, last 3 days (all we have)−0.013%−$1 · spread now +0.126%, 7d avg −0.040%

Together, before fees+0.158%+$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$76 a day on $10k at the current rate, and ApeX Omni is 0.166% dearer against Bybit than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.040%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.170% in total (about 8.9% 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	Bybit MOODENGUSDT	0.04759	0.0100	pay 0.0050% / 4h	1h 49m	$1.6M	$4.2M	50x
Short	ApeX Omni MOODENGUSDT	0.04765	0.2619	get 0.0327% / 1h	49m 21s	$22K	$646K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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 BybitbpFee ApeX OmnibpOrdersPrice spread, now +0.126%Rate

Funding earned: $528.91
Price spread: +0.126% → −0.040%: $16.62
Slippage, 4 orders: −$48.21
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $476.32
Costs to cover: 0.692%
Break-even: 0.7 days

Slippage from Bybit: live order book, 3 min ago; ApeX Omni: live order book, 34 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 Bybit live order book, 3 min ago	5.25 bp	17.3 bp −$17	46.5 bp −$465	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 34 min ago	8.35 bp	17.0 bp −$17	148.6 bp −$1,486	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	0.04754	−0.097%	$18	—	100x	as long as short
BloFin MOODENG-USDT	+0.0080%	4h	0.04763	+0.084%	$178K	$137K	50x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04759	−0.002%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04762	+0.068%	$2.6M	$11.1M	50x	as long as short
Bybit MOODENGUSDTlong	+0.0100%	4h	0.04759	long leg	$1.6M	$4.2M	50x
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04755	−0.084%	$2.1M	$4.4M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04757	−0.042%	$568K	$768K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04760	+0.021%	$904K	$302K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04760	+0.021%	$1.7M	$3.0M	50x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04864	+2.206%	$2K	$1.8M	20x	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	+0.0106%	4h	0.04762	+0.055%	$7K	$29K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0184%	4h	0.04760	+0.021%	$423K	$2.2M	10x	as long as short
Bitget MOODENGUSDT	+0.0210%	4h	0.04768	+0.189%	$1.3M	$1.2M	50x	as long as short
BingX MOODENG-USDT	+0.0230%	4h	0.04763	+0.084%	—	$6.7M	—	as long as short
Hyperliquid MOODENG	+0.0366%	1h	0.04763	+0.078%	$462K	$411K	3x	as long as short
ApeX Omni MOODENGUSDTshort	+0.2619%	1h	0.04765	+0.126%	$22K	$646K	25x
Kraken Futures PF_MOODENGUSD	+0.9086%	1h	0.04795	+0.755%	$67K	$101K	20x	as long as short