Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0496%/8h= −54.3% APRpaid last 24h −0.083%

Price spread now: GMX against Gate+0.008%7-day average — · you sell dearer than you buy

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

Long on Gate Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$15 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MOODENG_USDT	0.04841	0.0100	pay 0.0050% / 4h	3h 27m	$575K	$866K	50x
Short	GMX MOODENG/USD [WBTC.b-USDC]	0.04841	L −169.2378% / S +0.0396%	pay 0.0049% / 1h	27m 01s	$3K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now +0.008%Rate

Funding earned: −$104.16
Price spread: +0.008% → 0.000%: $0.83
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GMX: 6 bp × 2 orders: −$12
Net: −$130.33
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 25 min ago; GMX: no order-book sample. 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 Gate live order book, 25 min ago	6.04 bp	54.2 bp −$54	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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]short	L −169.2378% / S +0.0396%	1h	0.04841	+0.008%	$3K	—	100x
Bybit MOODENGUSDT	+0.0100%	4h	0.04846	+0.103%	$1.6M	$4.6M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04841	0.000%	$2.1M	$5.1M	20x	as long as short
Gate MOODENG_USDTlong	+0.0100%	4h	0.04841	long leg	$575K	$866K	50x
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04841	0.000%	$1.8M	$2.9M	50x	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04865	+0.497%	$428K	$2.8M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04958	+2.417%	$1K	$1.9M	20x	as long as short
Aster MOODENGUSDT	+0.0126%	4h	0.04847	+0.134%	$10K	$35K	5x	as long as short
Variational Omni MOODENG	+0.0208%	4h	0.04902	+1.263%	$9K	$32K	—	as long as short
Hyperliquid MOODENG	+0.0246%	1h	0.04850	+0.182%	$472K	$455K	3x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MOODENGUSDT	+0.0251%	4h	0.04848	+0.138%	$2.7M	$12.5M	50x	as long as short
MEXC MOODENG_USDT	+0.0260%	4h	0.04849	+0.165%	$904K	$329K	50x	as long as short
BloFin MOODENG-USDT	+0.0308%	4h	0.04868	+0.558%	$185K	$125K	50x	as long as short
Bitget MOODENGUSDT	+0.0560%	4h	0.04852	+0.227%	$1.3M	$1.3M	50x	as long as short
BingX MOODENG-USDT	+0.0570%	4h	0.04846	+0.103%	—	$6.7M	—	as long as short
ApeX Omni MOODENGUSDT	+0.0650%	1h	0.04879	+0.785%	$32K	$675K	25x	as long as short
Kraken Futures PF_MOODENGUSD	+0.1164%	1h	0.04846	+0.103%	$64K	$133K	20x	as long as short