Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Bybit against Gate−0.291%7-day average +0.096% · you buy dearer than you sell

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$161as in the Price arb table

costs, in and out, $10k−$1221.220% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.025%+$2 on $10k

Price spread, last 4 days (all we have)+0.475%+$47 · spread now −0.291%, 7d avg +0.096%

Together, before fees+0.500%+$50 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.388% cheaper against Gate than usual: you would sell low and buy high, −$39 on $10k if it goes back to its 7-day average of +0.096%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MOODENG_USDT	0.04805	0.0100	pay 0.0050% / 4h	1h 32m	$581K	$899K	50x
Short	Bybit MOODENGUSDT	0.04791	0.0100	get 0.0050% / 4h	1h 32m	$1.6M	$4.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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 GatebpFee BybitbpOrdersPrice spread, now −0.291%Rate

Funding earned: $0
Price spread: −0.291% → +0.096%: −$38.78
Slippage, 4 orders: −$95.99
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$160.77
Costs to cover: 1.220%
Break-even: never at this rate

Slippage from Gate: live order book, 9 min ago; Bybit: live order book, 5 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 Gate live order book, 9 min ago	7.29 bp	47.0 bp −$47	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	2.09 bp	15.1 bp −$15	44.8 bp −$448	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	0.04802	−0.067%	$18	—	100x	as long as short
Hyperliquid MOODENG	+0.0100%	1h	0.04805	+0.006%	$454K	$477K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04799	−0.130%	$9K	$36K	5x	as long as short
Bybit MOODENGUSDTshort	+0.0100%	4h	0.04791	−0.291%	$1.6M	$4.9M	50x
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04784	−0.437%	$2.1M	$5.4M	20x	as long as short
Gate MOODENG_USDTlong	+0.0100%	4h	0.04805	long leg	$581K	$899K	50x
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04804	−0.021%	$1.8M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04774	−0.642%	$9K	$32K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04783	−0.459%	$416K	$3.1M	10x	as long as short
ApeX Omni MOODENGUSDT	+0.0100%	1h	0.04791	−0.291%	$31K	$681K	25x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MOODENG-USDT	+0.0100%	4h	0.04916	+2.310%	$1K	$2.0M	20x	as long as short
MEXC MOODENG_USDT	+0.0144%	4h	0.04808	+0.062%	$936K	$343K	50x	as long as short
Binance MOODENGUSDT	+0.0150%	4h	0.04799	−0.127%	$2.7M	$13.4M	50x	as long as short
Bitget MOODENGUSDT	+0.0170%	4h	0.04810	+0.104%	$1.3M	$1.3M	50x	as long as short
Kraken Futures PF_MOODENGUSD	+0.0175%	1h	0.04798	−0.137%	$66K	$149K	20x	as long as short
BloFin MOODENG-USDT	+0.0179%	4h	0.04810	+0.104%	$181K	$112K	50x	as long as short
BingX MOODENG-USDT	+0.0200%	4h	0.04808	+0.062%	—	$6.8M	—	as long as short