Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.9817%/8h= +1075.0% APRpaid last 24h +0.804%

Price spread now: Kraken Futures against Bitget+0.629%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2,040as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2,123as in the Price arb table

costs, in and out, $10k−$2,18721.871% of the position

Long on Bitget Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+1.467%+$147 on $10k

Price spread, last 3 days (all we have)−0.740%−$74 · spread now +0.629%, 7d avg −0.011%

Together, before fees+0.727%+$73 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$295 a day on $10k at the current rate, and Kraken Futures is 0.640% dearer against Bitget than usual: you sell high and buy low: +$64 more if the spread goes back to its 7-day average of −0.011%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.467% in total (about 76.5% 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	Bitget MOODENGUSDT	0.04750	0.0152	pay 0.0076% / 4h	2h 31m	$1.2M	$1.2M	50x
Short	Kraken Futures PF_MOODENGUSD	0.04780	0.9969	get 0.1246% / 1h	31m 59s	$67K	$101K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. 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 BitgetbpFee Kraken FuturesbpOrdersPrice spread, now +0.629%Rate

Funding earned: $2,061.55
Price spread: +0.629% → −0.011%: $64.01
Slippage, 4 orders: −$2,165.1
Fee Bitget: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$61.54
Costs to cover: 21.871%
Break-even: 7.2 days

Slippage from Bitget: live order book, 4 min ago; Kraken Futures: live order book, 55 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 Bitget live order book, 4 min ago	4.21 bp	21.1 bp −$21	208.4 bp −$2,084	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 55 min ago	55.40 bp	67.7 bp −$68	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	0.04739	−0.234%	$18	—	100x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04742	−0.168%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04744	−0.126%	$2.6M	$11.0M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04743	−0.147%	$1.7M	$4.2M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04743	−0.147%	$2.1M	$4.4M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04740	−0.211%	$570K	$764K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04744	−0.126%	$895K	$300K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04739	−0.232%	$1.7M	$2.9M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04750	−0.003%	$7K	$29K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04753	+0.054%	$423K	$2.2M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MOODENG-USDT	+0.0100%	4h	0.04854	+2.189%	$1K	$1.8M	20x	as long as short
BloFin MOODENG-USDT	+0.0102%	4h	0.04749	−0.021%	$180K	$132K	50x	as long as short
BingX MOODENG-USDT	+0.0142%	4h	0.04743	−0.147%	—	$6.7M	—	as long as short
Bitget MOODENGUSDTlong	+0.0152%	4h	0.04750	long leg	$1.2M	$1.2M	50x
Hyperliquid MOODENG	+0.0212%	1h	0.04748	−0.048%	$463K	$416K	3x	as long as short
ApeX Omni MOODENGUSDT	+0.0566%	1h	0.04752	+0.042%	$22K	$641K	25x	as long as short
Kraken Futures PF_MOODENGUSDshort	+0.9969%	1h	0.04780	+0.629%	$67K	$101K	20x