Funding you earn now, next payment 08:00 UTC−0.1162%/8h= −127.2% APRnext payment −$5.81 per $10,000 · paid last 24h +0.010%
Price spread now: KuCoin against Gate+0.205%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$190as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1851.847% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.205%, 7d avg +0.007%
=The price spread pays, funding is against you. KuCoin is 0.198% dearer against Gate than usual: you sell high and buy low (spread +0.205% now, against its 7-day average of +0.007%): +$20 on $10k if it goes back. Holding the pair costs −$35 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.052% in total) that is about 27 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.052% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.81 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 | Gate MOODENG_USDT | 0.04883 | 0.1262 | pay 0.0631% / 4h | 3h 55m | $590K | $839K | 50x |
| Short | KuCoin MOODENGUSDTM | 0.04893 | 0.0100 | get 0.0050% / 4h | 3h 55m | $1.8M | $2.9M | 50x |
Gate MOODENG_USDT
KuCoin MOODENGUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- −$244.02
- Price spread: +0.205% → +0.007%
- $19.83
- Slippage, 4 orders
- −$157.68
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$408.87
- Costs to cover
- 1.847%
- Break-even
- never at this rate
Slippage from Gate: live order book, 61 min ago; KuCoin: live order book, 2 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 Gate live order book, 61 min ago | 5.25 bp | 41.0 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 3.10 bp | 29.8 bp −$30 | 540.5 bp −$5,405 | 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 −131.6361% / S +0.0350% | 1h | 0.04883 | +0.004% | $2K | — | 100x | as long as short |
| OKX MOODENG-USDT-SWAP | +0.0100% | 4h | 0.04894 | +0.225% | $2.1M | $5.0M | 20x | as long as short |
| KuCoin MOODENGUSDTMshort | +0.0100% | 4h | 0.04893 | +0.205% | $1.8M | $2.9M | 50x | |
| SunX MOODENG-USDT | +0.0100% | 4h | 0.05005 | +2.498% | $2K | $1.9M | 20x | as long as short |
| Aster MOODENGUSDT | +0.0152% | 4h | 0.04873 | −0.200% | $10K | $32K | 5x | as long as short |
| BloFin MOODENG-USDT | +0.0278% | 4h | 0.04889 | +0.123% | $183K | $124K | 50x | as long as short |
| MEXC MOODENG_USDT | +0.0288% | 4h | 0.04895 | +0.246% | $935K | $324K | 50x | as long as short |
| Binance MOODENGUSDT | +0.0289% | 4h | 0.04897 | +0.295% | $2.7M | $12.0M | 50x | as long as short |
| Variational Omni MOODENG | +0.0364% | 4h | 0.04864 | −0.396% | $9K | $32K | — | as long as short |
| Bitget MOODENGUSDT | +0.0696% | 4h | 0.04905 | +0.451% | $1.3M | $1.2M | 50x | as long as short |
GMX MOODENG/USD [WBTC.b-USDC]
OKX MOODENG-USDT-SWAP
SunX MOODENG-USDT
Aster MOODENGUSDT
BloFin MOODENG-USDT
MEXC MOODENG_USDT
Binance MOODENGUSDT
Variational Omni MOODENG
Bitget MOODENGUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MOODENG | +0.0732% | 1h | 0.04901 | +0.369% | $491K | $429K | 3x | as long as short |
| Bybit MOODENGUSDT | +0.1002% | 4h | 0.04896 | +0.266% | $1.7M | $4.5M | 50x | as long as short |
| Kraken Futures PF_MOODENGUSD | +0.1151% | 1h | 0.04901 | +0.361% | $65K | $132K | 20x | as long as short |
| Gate MOODENG_USDTlong | +0.1262% | 4h | 0.04883 | long leg | $590K | $839K | 50x | |
| GRVT MOODENG_USDT_Perp | +0.1908% | 4h | 0.04838 | −0.914% | $428K | $2.7M | 10x | as long as short |
| BingX MOODENG-USDT | +0.3372% | 4h | 0.04892 | +0.184% | — | $6.7M | — | as long as short |
| ApeX Omni MOODENGUSDT | +0.5004% | 1h | 0.04837 | −0.942% | $23K | $668K | 25x | as long as short |
Hyperliquid MOODENG
Bybit MOODENGUSDT
Kraken Futures PF_MOODENGUSD
GRVT MOODENG_USDT_Perp
BingX MOODENG-USDT
ApeX Omni MOODENGUSDT