Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0808%/8h= +88.4% APRpaid last 24h +1.206%

Price spread now: Kraken Futures against GRVT+0.514%75s7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as 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−$2022.025% of the position

Long on GRVT Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+1.829%+$183 on $10k

Price spread, last 4 days (all we have)−0.739%−$74 · spread now +0.514%, 7d avg −0.013%

Together, before fees+1.089%+ Points / potential airdropGRVT: Active · farm board+$109 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Kraken Futures is 0.526% dearer against GRVT than usual: you sell high and buy low: +$53 more if the spread goes back to its 7-day average of −0.013%. The two prices were read 75 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	GRVT MOODENG_USDT_Perp	0.04704	0.0100	pay 0.0050% / 4h	2h 35m	$414K	$3.0M	10x
Short	Kraken Futures PF_MOODENGUSD	0.04728	0.0908	get 0.0113% / 1h	35m 53s	$64K	$142K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against GRVT. 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 GRVTbpFee Kraken FuturesbpOrdersPrice spread, now +0.514%Rate

Funding earned: $169.62
Price spread: +0.514% → −0.013%: $52.6
Slippage, 4 orders: −$183.47
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $19.75
Costs to cover: 2.025%
Break-even: 6.2 days

Slippage from GRVT: live order book, 3 min ago; Kraken Futures: live order book, 11 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 GRVT live order book, 3 min ago	3.18 bp	32.4 bp −$32	3080.0 bp −$30.8K	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 11 min ago	15.76 bp	55.0 bp −$55	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	0.04725	+0.439%	$18	—	100x	as long as short
Hyperliquid MOODENG	+0.0100%	1h	0.04743	+0.830%	$456K	$463K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04730	+0.549%	$10K	$34K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04740	+0.762%	$1.5M	$4.7M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04735	+0.656%	$2.0M	$5.2M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04727	+0.486%	$567K	$874K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04741	+0.783%	$893K	$332K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04737	+0.698%	$1.8M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04734	+0.630%	$9K	$32K	—	as long as short
GRVT MOODENG_USDT_Perplong	+0.0100%	4h	0.04704	long leg	$414K	$3.0M	10x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni MOODENGUSDT	+0.0100%	1h	0.04696	−0.173%	$31K	$677K	25x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04846	+3.015%	$1K	$2.0M	20x	as long as short
Binance MOODENGUSDT	+0.0111%	4h	0.04742	+0.808%	$2.7M	$13.0M	50x	as long as short
BloFin MOODENG-USDT	+0.0137%	4h	0.04724	+0.422%	$182K	$125K	50x	as long as short
BingX MOODENG-USDT	+0.0332%	4h	0.04737	+0.698%	—	$6.8M	—	as long as short
Bitget MOODENGUSDT	+0.0334%	4h	0.04745	+0.868%	$1.3M	$1.3M	50x	as long as short
Kraken Futures PF_MOODENGUSDshort	+0.0908%	1h	0.04728	+0.514%	$64K	$142K	20x