Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0719%/8h= +78.8% APRpaid last 24h +1.198%

Price spread now: Kraken Futures against BloFin+0.195%57s7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs+$21as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1591.589% of the position

Long on BloFin Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+1.796%+$180 on $10k

Price spread, last 4 days (all we have)−0.429%−$43 · spread now +0.195%, 7d avg +0.041%

Together, before fees+1.367%+$137 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Kraken Futures is 0.154% dearer against BloFin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.041%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MOODENG-USDT	0.04778	0.0177	pay 0.0089% / 4h	2h 51m	$181K	$126K	50x
Short	Kraken Futures PF_MOODENGUSD	0.04787	0.0897	get 0.0112% / 1h	51m 44s	$65K	$136K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. 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 BloFinbpFee Kraken FuturesbpOrdersPrice spread, now +0.195%Rate

Funding earned: $151.07
Price spread: +0.195% → +0.041%: $15.42
Slippage, 4 orders: −$136.88
Fee BloFin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $7.61
Costs to cover: 1.589%
Break-even: 6.6 days

Slippage from BloFin: live order book, 28 min ago; Kraken Futures: live order book, 61 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 BloFin live order book, 28 min ago	5.15 bp	19.2 bp −$19	46.2 bp −$462	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 61 min ago	15.14 bp	52.8 bp −$53	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	0.04778	−0.008%	$18	—	100x	as long as short
Hyperliquid MOODENG	+0.0100%	1h	0.04780	+0.038%	$464K	$457K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04781	+0.070%	$10K	$34K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04767	−0.230%	$1.6M	$4.7M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04764	−0.293%	$2.1M	$5.2M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04773	−0.105%	$572K	$871K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04779	+0.021%	$1.8M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04802	+0.506%	$9K	$32K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04793	+0.315%	$420K	$2.9M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04903	+2.616%	$1K	$2.0M	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC MOODENG_USDT	+0.0132%	4h	0.04768	−0.209%	$897K	$329K	50x	as long as short
Binance MOODENGUSDT	+0.0133%	4h	0.04778	−0.010%	$2.7M	$12.8M	50x	as long as short
BloFin MOODENG-USDTlong	+0.0177%	4h	0.04778	long leg	$181K	$126K	50x
BingX MOODENG-USDT	+0.0382%	4h	0.04769	−0.188%	—	$6.7M	—	as long as short
Bitget MOODENGUSDT	+0.0392%	4h	0.04773	−0.105%	$1.3M	$1.3M	50x	as long as short
Kraken Futures PF_MOODENGUSDshort	+0.0897%	1h	0.04787	+0.195%	$65K	$136K	20x
ApeX Omni MOODENGUSDT	+0.0994%	1h	0.04775	−0.063%	$31K	$677K	25x	as long as short