Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+1.1950%/8h= +1308.6% APRpaid last 24h +3.150%

Price spread now: Bitget against GMX+0.371%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Bitget

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

Both sides work for this trade now. Funding pays +$359 a day on $10k at the current rate, and Bitget is 0.371% dearer against GMX than usual: you sell high and buy low: +$37 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX MOODENG/USD [WBTC.b-USDC]	0.04776	L −1.1224% / S +0.0193%	get 0.1403% / 1h	23m 20s	$18	—	100x
Short	Bitget MOODENGUSDT	0.04794	0.0726	get 0.0363% / 4h	23m 20s	$1.3M	$1.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against GMX. 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 GMXbpFee BitgetbpOrdersPrice spread, now +0.371%Rate

Funding earned: $2,509.58
Price spread: +0.371% → 0.000%: $37.06
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: $2,522.64
Costs to cover: 0.240%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Bitget: live order book, 3 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 GMX no order-book sample	—	—	—	—	—
Sell Bitget live order book, 3 min ago	4.16 bp	20.6 bp −$21	172.8 bp −$1,728	doesn't fit	doesn't fit

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]long	L −1.1224% / S +0.0193%	1h	0.04776	long leg	$18	—	100x
Aster MOODENGUSDT	+0.0100%	4h	0.04791	+0.309%	$10K	$30K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04791	+0.308%	$1.6M	$4.5M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04778	+0.036%	$2.1M	$4.8M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04791	+0.308%	$577K	$845K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04788	+0.245%	$1.8M	$2.9M	50x	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04820	+0.912%	$427K	$2.6M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04893	+2.443%	$2K	$1.9M	20x	as long as short
MEXC MOODENG_USDT	+0.0242%	4h	0.04786	+0.203%	$908K	$325K	50x	as long as short
Binance MOODENGUSDT	+0.0243%	4h	0.04784	+0.161%	$2.6M	$11.9M	50x	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	+0.0287%	4h	0.04809	+0.685%	$179K	$122K	50x	as long as short
Variational Omni MOODENG	+0.0344%	4h	0.04808	+0.666%	$9K	$32K	—	as long as short
Bitget MOODENGUSDTshort	+0.0726%	4h	0.04794	+0.371%	$1.3M	$1.2M	50x
BingX MOODENG-USDT	+0.0728%	4h	0.04794	+0.371%	—	$6.7M	—	as long as short
ApeX Omni MOODENGUSDT	+0.1031%	1h	0.04806	+0.622%	$23K	$665K	25x	as long as short
Hyperliquid MOODENG	+0.1168%	1h	0.04787	+0.216%	$478K	$419K	3x	as long as short
Kraken Futures PF_MOODENGUSD	+0.1232%	1h	0.04788	+0.243%	$63K	$131K	20x	as long as short