Funding you earn now, next payment 04:00 UTC+0.0458%/8h= +50.2% APRnext payment +$2.29 per $10,000 · paid last 24h +0.014%
Price spread now: BingX against MEXC−0.230%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$600.598% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 7 days+0.192%+$19 · spread now −0.230%, 7d avg −0.012%
=Funding pays, the price is against you. BingX is 0.218% cheaper against MEXC than usual: you would sell low and buy high (spread −0.230% now, against its 7-day average of −0.012%). If the spread goes back, that is −$22 on $10k: about 38 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.043% in total) that is about 36 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.043% in total (about 2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.29 per $10,000. 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 | MEXC MOODENG_USDT | 0.04783 | 0.0194 | pay 0.0097% / 4h | 16m 30s | $908K | $325K | 50x |
| Short | BingX MOODENG-USDT | 0.04772 | 0.0652 | get 0.0326% / 4h | 16m 30s | — | $6.7M | — |
MEXC MOODENG_USDT
BingX MOODENG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $96.18
- Price spread: −0.230% → −0.012%
- −$21.83
- Slippage, 4 orders
- −$41.84
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $14.51
- Costs to cover
- 0.598%
- Break-even
- 5.9 days
Slippage from MEXC: live order book, 24 min ago; BingX: live order book, 6 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 MEXC live order book, 24 min ago | 2.12 bp | 10.3 bp −$10 | 25.6 bp −$256 | 95.1 bp −$9,513 | 145.8 bp −$72.9K |
| Sell BingX live order book, 6 min ago | 3.14 bp | 16.6 bp −$17 | 49.9 bp −$499 | 492.1 bp −$49.2K | 776.9 bp −$388.5K |
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 −1.1224% / S +0.0193% | 1h | 0.04784 | +0.015% | $18 | — | 100x | as long as short |
| Aster MOODENGUSDT | +0.0100% | 4h | 0.04770 | −0.278% | $10K | $30K | 5x | as long as short |
| Bybit MOODENGUSDT | +0.0100% | 4h | 0.04779 | −0.084% | $1.6M | $4.5M | 50x | as long as short |
| OKX MOODENG-USDT-SWAP | +0.0100% | 4h | 0.04780 | −0.063% | $2.1M | $4.8M | 20x | as long as short |
| Gate MOODENG_USDT | +0.0100% | 4h | 0.04776 | −0.146% | $577K | $846K | 50x | as long as short |
| KuCoin MOODENGUSDTM | +0.0100% | 4h | 0.04775 | −0.167% | $1.8M | $2.9M | 50x | as long as short |
| GRVT MOODENG_USDT_Perp | +0.0100% | 4h | 0.04771 | −0.251% | $425K | $2.6M | 10x | as long as short |
| SunX MOODENG-USDT | +0.0100% | 4h | 0.04896 | +2.363% | $2K | $1.9M | 20x | as long as short |
| BloFin MOODENG-USDT | +0.0148% | 4h | 0.04789 | +0.125% | $182K | $122K | 50x | as long as short |
| MEXC MOODENG_USDTlong | +0.0194% | 4h | 0.04783 | long leg | $908K | $325K | 50x |
GMX MOODENG/USD [WBTC.b-USDC]
Aster MOODENGUSDT
Bybit MOODENGUSDT
OKX MOODENG-USDT-SWAP
Gate MOODENG_USDT
KuCoin MOODENGUSDTM
GRVT MOODENG_USDT_Perp
SunX MOODENG-USDT
BloFin MOODENG-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MOODENGUSDT | +0.0195% | 4h | 0.04786 | +0.063% | $2.6M | $11.9M | 50x | as long as short |
| Variational Omni MOODENG | +0.0244% | 4h | 0.04771 | −0.248% | $9K | $32K | — | as long as short |
| ApeX Omni MOODENGUSDT | +0.0537% | 1h | 0.04774 | −0.188% | $22K | $666K | 25x | as long as short |
| BingX MOODENG-USDTshort | +0.0652% | 4h | 0.04772 | −0.230% | — | $6.7M | — | |
| Bitget MOODENGUSDT | +0.0690% | 4h | 0.04769 | −0.293% | $1.3M | $1.2M | 50x | as long as short |
| Hyperliquid MOODENG | +0.1130% | 1h | 0.04785 | +0.046% | $478K | $420K | 3x | as long as short |
| Kraken Futures PF_MOODENGUSD | +0.1232% | 1h | 0.04791 | +0.162% | $63K | $131K | 20x | as long as short |
Binance MOODENGUSDT
Variational Omni MOODENG
ApeX Omni MOODENGUSDT
Bitget MOODENGUSDT
Hyperliquid MOODENG
Kraken Futures PF_MOODENGUSD