Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0293%/8h= −32.1% APRpaid last 24h −0.096%

Price spread now: GMX against KuCoin−0.107%7-day average — · you buy dearer than you sell

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

Long on KuCoin 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

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and GMX is 0.107% cheaper against KuCoin than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MOODENGUSDTM	0.04784	0.0100	pay 0.0050% / 4h	50m 09s	$1.8M	$3.0M	50x
Short	GMX MOODENG/USD [WBTC.b-USDC]	0.04779	L −1.1224% / S +0.0193%	pay 0.0024% / 1h	50m 09s	$18	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.107%Rate

Funding earned: −$61.57
Price spread: −0.107% → 0.000%: −$10.66
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee GMX: 6 bp × 2 orders: −$12
Net: −$96.23
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 7 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 KuCoin live order book, 7 min ago	2.09 bp	65.5 bp −$65	2588.3 bp −$25.9K	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 −1.1224% / S +0.0193%	1h	0.04779	−0.107%	$18	—	100x
Kraken Futures PF_MOODENGUSD	−0.1185%	1h	0.04790	+0.117%	$66K	$149K	20x	as long as short
Hyperliquid MOODENG	+0.0100%	1h	0.04794	+0.209%	$453K	$477K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04790	+0.125%	$9K	$36K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04784	0.000%	$1.5M	$4.9M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04787	+0.063%	$2.1M	$5.5M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04787	+0.063%	$576K	$894K	50x	as long as short
KuCoin MOODENGUSDTMlong	+0.0100%	4h	0.04784	long leg	$1.8M	$3.0M	50x
Bitget MOODENGUSDT	+0.0100%	4h	0.04789	+0.105%	$1.3M	$1.3M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04780	−0.082%	$9K	$32K	—	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	0.04803	+0.397%	$420K	$3.3M	10x	as long as short
ApeX Omni MOODENGUSDT	+0.0100%	1h	0.04797	+0.272%	$31K	$685K	25x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04866	+1.714%	$2K	$2.0M	20x	as long as short
Binance MOODENGUSDT	+0.0105%	4h	0.04789	+0.109%	$2.7M	$13.6M	50x	as long as short
MEXC MOODENG_USDT	+0.0108%	4h	0.04785	+0.021%	$936K	$342K	50x	as long as short
BingX MOODENG-USDT	+0.0117%	4h	0.04790	+0.125%	—	$6.8M	—	as long as short
BloFin MOODENG-USDT	+0.0118%	4h	0.04784	0.000%	$183K	$112K	50x	as long as short