Funding arb · Price arb /

MOG

all MOG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0390%/8h= −42.7% APRpaid last 24h −0.102%

Price spread now: MEXC against Kraken Futures+0.090%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.622%−$62 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. MEXC is 0.090% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.090% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_MOGUSD	0.0000001219	0.0490	pay 0.0061% / 1h	57m 40s	$49K	$41K	10x
Short	MEXC 1000000MOG_USDT	0.0000001220	0.0100	get 0.0050% / 4h	2h 57m	$666K	$236K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Kraken Futures. 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 Kraken FuturesbpFee MEXCbpOrdersPrice spread, now +0.090%Rate

Funding earned: −$81.92
Price spread: +0.090% → 0.000%: $9.02
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$86.9
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 23 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell MEXC live order book, 23 min ago	8.24 bp	20.5 bp −$20	83.7 bp −$837	297.0 bp −$29.7K	doesn't fit

Kraken Futures: 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.

MOG on 12 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
Deribit 1000MOG_USDC-PERPETUAL	−0.1381%	1h	0.0000001224	+0.418%	$32K	$20K	10x	as long as short
Coinbase International 1000MOG-PERP-INTX	−0.1312%	1h	0.0000001221	+0.172%	$67K	$10K	25x	as long as short
Binance 1000000MOGUSDT	+0.0100%	4h	0.0000001221	+0.171%	$1.2M	$4.1M	50x	as long as short
Gate MOG_USDT	+0.0100%	4h	0.0000001221	+0.172%	$452K	$343K	25x	as long as short
MEXC 1000000MOG_USDTshort	+0.0100%	4h	0.0000001220	+0.090%	$666K	$236K	100x
Bitget 1000000MOGUSDT	+0.0100%	4h	0.0000001220	+0.090%	$342K	$168K	50x	as long as short
BloFin 1000000MOG-USDT	+0.0142%	4h	0.0000001227	+0.665%	$74K	$21K	50x	as long as short
Bybit 1000000MOGUSDT	+0.0215%	4h	0.0000001221	+0.213%	$1.7M	$2.3M	50x	as long as short
Kraken Futures PF_MOGUSDlong	+0.0490%	1h	0.0000001219	long leg	$49K	$41K	10x
Variational Omni 1000000MOG	+0.0564%	4h	0.0000001226	+0.605%	$7K	$13K	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX 1000000MOG-USDT	+0.0768%	4h	0.0000001221	+0.172%	—	$1.4M	—	as long as short
KuCoin 1000000MOGUSDTM	+0.1676%	4h	0.0000001226	+0.582%	$673K	$133K	30x	as long as short