Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1574%/8h= +172.4% APRpaid last 24h +0.130%

Price spread now: ApeX Omni against KuCoin0.000%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$126as in the Price arb table

costs, in and out, $10k−$1211.210% of the position

Long on KuCoin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.284%+$28 on $10k

Price spread, last 4 days (all we have)+0.288%+$29 · spread now 0.000%, 7d avg +0.054%

Together, before fees+0.572%+$57 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.054% cheaper against KuCoin than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.054%). If the spread goes back, that is −$5 on $10k: about 3 hours of funding at the current rate (+$47 a day). At the pace of the last 7 days (+0.284% in total) that is about 32 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.284% in total (about 14.8% 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	KuCoin MOODENGUSDTM	0.04922	0.0100	pay 0.0050% / 4h	3h 43m	$1.8M	$2.9M	50x
Short	ApeX Omni MOODENGUSDT	0.04922	0.1674	get 0.0209% / 1h	43m 34s	$32K	$675K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against KuCoin. 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 KuCoinbpFee ApeX OmnibpOrdersPrice spread, now 0.000%Rate

Funding earned: $330.59
Price spread: 0.000% → +0.054%: −$5.4
Slippage, 4 orders: −$98.99
Fee KuCoin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $204.2
Costs to cover: 1.210%
Break-even: 2.7 days

Slippage from KuCoin: live order book, 4 min ago; ApeX Omni: live order book, 10 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 KuCoin live order book, 4 min ago	2.04 bp	44.0 bp −$44	1665.0 bp −$16.7K	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 10 min ago	6.07 bp	14.2 bp −$14	130.4 bp −$1,304	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 −169.2378% / S +0.0396%	1h	0.04919	−0.057%	$3K	—	100x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04915	−0.142%	$1.7M	$4.6M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04906	−0.325%	$2.1M	$5.1M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04912	−0.203%	$592K	$856K	50x	as long as short
KuCoin MOODENGUSDTMlong	+0.0100%	4h	0.04922	long leg	$1.8M	$2.9M	50x
SunX MOODENG-USDT	+0.0100%	4h	0.05033	+2.255%	$1K	$1.9M	20x	as long as short
Aster MOODENGUSDT	+0.0178%	4h	0.04920	−0.048%	$10K	$35K	5x	as long as short
BloFin MOODENG-USDT	+0.0246%	4h	0.04921	−0.020%	$184K	$126K	50x	as long as short
GRVT MOODENG_USDT_Perp	+0.0280%	4h	0.04935	+0.270%	$434K	$2.7M	10x	as long as short
MEXC MOODENG_USDT	+0.0292%	4h	0.04916	−0.122%	$920K	$328K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MOODENGUSDT	+0.0295%	4h	0.04915	−0.142%	$2.7M	$12.4M	50x	as long as short
Variational Omni MOODENG	+0.0331%	4h	0.04917	−0.109%	$9K	$32K	—	as long as short
Hyperliquid MOODENG	+0.0456%	1h	0.04935	+0.262%	$496K	$431K	3x	as long as short
BingX MOODENG-USDT	+0.0654%	4h	0.04913	−0.183%	—	$6.7M	—	as long as short
Bitget MOODENGUSDT	+0.0668%	4h	0.04918	−0.081%	$1.3M	$1.2M	50x	as long as short
Kraken Futures PF_MOODENGUSD	+0.1145%	1h	0.04926	+0.080%	$65K	$133K	20x	as long as short
ApeX Omni MOODENGUSDTshort	+0.1674%	1h	0.04922	0.000%	$32K	$675K	25x