Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.9805%/8h= +1073.6% APRpaid last 24h +0.798%

Price spread now: Kraken Futures against BingX+0.282%7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2,500as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,621as in the Price arb table

costs, in and out, $10k−$2,64426.439% of the position

Long on BingX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+1.440%+$144 on $10k

Price spread, last 3 days (all we have)−0.326%−$33 · spread now +0.282%, 7d avg +0.050%

Together, before fees+1.114%+$111 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$294 a day on $10k at the current rate, and Kraken Futures is 0.232% dearer against BingX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.050%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.440% in total (about 75.1% 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	BingX MOODENG-USDT	0.04739	0.0222	pay 0.0111% / 4h	2h 01m	—	$6.7M	—
Short	Kraken Futures PF_MOODENGUSD	0.04752	1.0027	get 0.1253% / 1h	1m 42s	$66K	$101K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against BingX. 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 BingXbpFee Kraken FuturesbpOrdersPrice spread, now +0.282%Rate

Funding earned: $2,058.97
Price spread: +0.282% → +0.050%: $23.25
Slippage, 4 orders: −$2,623.86
Fee BingX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$561.65
Costs to cover: 26.439%
Break-even: 8.9 days

Slippage from BingX: live order book, 6 min ago; Kraken Futures: live order book, 20 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 BingX live order book, 6 min ago	6.31 bp	21.9 bp −$22	57.9 bp −$579	505.9 bp −$50.6K	783.0 bp −$391.5K
Sell Kraken Futures live order book, 20 min ago	44.93 bp	56.0 bp −$56	doesn't fit	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 −1.1224% / S +0.0193%	1h	0.04734	−0.099%	$18	—	100x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04735	−0.088%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04739	0.000%	$2.5M	$11.1M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04742	+0.063%	$1.6M	$4.2M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04737	−0.042%	$2.1M	$4.4M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04738	−0.021%	$568K	$770K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04739	0.000%	$914K	$304K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04734	−0.106%	$1.7M	$2.9M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04752	+0.270%	$7K	$29K	—	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04852	+2.384%	$1K	$1.8M	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MOODENG-USDT	+0.0121%	4h	0.04736	−0.063%	$179K	$136K	50x	as long as short
GRVT MOODENG_USDT_Perp	+0.0206%	4h	0.04741	+0.042%	$412K	$2.2M	10x	as long as short
Bitget MOODENGUSDT	+0.0216%	4h	0.04743	+0.084%	$1.2M	$1.2M	50x	as long as short
BingX MOODENG-USDTlong	+0.0222%	4h	0.04739	long leg	—	$6.7M	—
Hyperliquid MOODENG	+0.0272%	1h	0.04743	+0.087%	$461K	$415K	3x	as long as short
ApeX Omni MOODENGUSDT	+0.0602%	1h	0.04740	+0.021%	$22K	$646K	25x	as long as short
Kraken Futures PF_MOODENGUSDshort	+1.0027%	1h	0.04752	+0.282%	$66K	$101K	20x