Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+1.1324%/8h= +1240.0% APRpaid last 24h +3.127%

Price spread now: KuCoin against GMX−0.078%7-day average — · you buy dearer than you sell

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

Long on GMX Short on KuCoin

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

Funding pays, the price is against you. KuCoin is 0.078% cheaper against GMX than usual: you would sell low and buy high (spread −0.078% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about under an hour of funding at the current rate (+$340 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX MOODENG/USD [WBTC.b-USDC]	0.04722	L −1.1224% / S +0.0193%	get 0.1403% / 1h	38m 04s	$18	—	100x
Short	KuCoin MOODENGUSDTM	0.04718	0.0100	get 0.0050% / 4h	2h 38m	$1.7M	$3.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.078%Rate

Funding earned: $2,378.12
Price spread: −0.078% → 0.000%: −$7.84
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $2,346.28
Costs to cover: 0.240%
Break-even: 0.1 days

Slippage unknown: GMX: no order-book sample; KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago	3.16 bp	73.4 bp −$73	533.5 bp −$5,335	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	0.04722	long leg	$18	—	100x
BloFin MOODENG-USDT	+0.0045%	4h	0.04786	+1.362%	$182K	$138K	50x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04726	+0.101%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04728	+0.135%	$2.6M	$11.7M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04728	+0.133%	$1.6M	$4.4M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04732	+0.218%	$2.1M	$4.8M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04717	−0.100%	$555K	$825K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04725	+0.070%	$905K	$330K	50x	as long as short
KuCoin MOODENGUSDTMshort	+0.0100%	4h	0.04718	−0.078%	$1.7M	$3.0M	50x
Variational Omni MOODENG	+0.0100%	4h	0.04732	+0.224%	$7K	$31K	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04734	+0.260%	$421K	$2.3M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04833	+2.357%	$2K	$1.9M	20x	as long as short
BingX MOODENG-USDT	+0.0556%	4h	0.04729	+0.155%	—	$6.7M	—	as long as short
ApeX Omni MOODENGUSDT	+0.0571%	1h	0.04773	+1.086%	$23K	$667K	25x	as long as short
Bitget MOODENGUSDT	+0.0588%	4h	0.04731	+0.197%	$1.3M	$1.2M	50x	as long as short
Hyperliquid MOODENG	+0.0589%	1h	0.04737	+0.316%	$470K	$419K	3x	as long as short
Kraken Futures PF_MOODENGUSD	+0.6655%	1h	0.04732	+0.227%	$63K	$116K	20x	as long as short