Funding you earn now, next payment 01:00 UTC−0.5869%/8h= −642.6% APRnext payment −$7.34 per $10,000 · paid last 24h −0.974%
Price spread now: ApeX Omni against Kraken Futures−0.972%7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$603as in the Funding arb table
Net, price: spread back to 7d avg − costs−$544as in the Price arb table
costs, in and out, $10k−$4554.545% of the position
Funding, last 7 days−1.484%−$148 on $10k
+Price spread, last 3 days (all we have)+1.174%+$117 · spread now −0.972%, 7d avg −0.073%
=Both sides work against this trade now: funding costs −$176 a day on $10k at the current rate, and ApeX Omni is 0.899% cheaper against Kraken Futures than usual: you would sell low and buy high (−$90 if the spread goes back to its 7-day average of −0.073%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.484% in total (about -77.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.34 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 | Kraken Futures PF_MOODENGUSD | 0.04821 | 0.5969 | pay 0.0746% / 1h | 34m 51s | $65K | $113K | 20x |
| Short | ApeX Omni MOODENGUSDT | 0.04774 | 0.0100 | get 0.0013% / 1h | 34m 51s | $23K | $663K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Kraken Futures. 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
- −$1,232.41
- Price spread: −0.972% → −0.073%
- −$89.91
- Slippage, 4 orders
- −$434.53
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$1,776.85
- Costs to cover
- 4.545%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 37 min ago; ApeX Omni: live order book, 38 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 Kraken Futures live order book, 37 min ago | 13.52 bp | 390.8 bp −$391 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 38 min ago | 8.30 bp | 17.5 bp −$17 | 153.6 bp −$1,536 | 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 | 0.04785 | −0.750% | $19 | — | 100x | as long as short |
| Aster MOODENGUSDT | +0.0100% | 4h | 0.04793 | −0.578% | $10K | $32K | 5x | as long as short |
| Binance MOODENGUSDT | +0.0100% | 4h | 0.04796 | −0.524% | $2.6M | $11.4M | 50x | as long as short |
| Bybit MOODENGUSDT | +0.0100% | 4h | 0.04794 | −0.557% | $1.6M | $4.3M | 50x | as long as short |
| OKX MOODENG-USDT-SWAP | +0.0100% | 4h | 0.04790 | −0.640% | $2.1M | $4.6M | 20x | as long as short |
| Gate MOODENG_USDT | +0.0100% | 4h | 0.04790 | −0.640% | $571K | $800K | 50x | as long as short |
| MEXC MOODENG_USDT | +0.0100% | 4h | 0.04795 | −0.536% | $962K | $322K | 50x | as long as short |
| KuCoin MOODENGUSDTM | +0.0100% | 4h | 0.04795 | −0.536% | $1.8M | $2.9M | 50x | as long as short |
| Variational Omni MOODENG | +0.0100% | 4h | 0.04784 | −0.759% | $8K | $30K | — | as long as short |
| GRVT MOODENG_USDT_Perp | +0.0100% | 4h | 0.04761 | −1.240% | $419K | $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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni MOODENGUSDTshort | +0.0100% | 1h | 0.04774 | −0.972% | $23K | $663K | 25x | |
| SunX MOODENG-USDT | +0.0100% | 4h | 0.04904 | +1.725% | $2K | $1.9M | 20x | as long as short |
| BloFin MOODENG-USDT | +0.0105% | 4h | 0.04797 | −0.495% | $179K | $139K | 50x | as long as short |
| BingX MOODENG-USDT | +0.0342% | 4h | 0.04794 | −0.557% | — | $6.7M | — | as long as short |
| Bitget MOODENGUSDT | +0.0386% | 4h | 0.04800 | −0.433% | $1.3M | $1.2M | 50x | as long as short |
| Hyperliquid MOODENG | +0.0805% | 1h | 0.04795 | −0.530% | $465K | $410K | 3x | as long as short |
| Kraken Futures PF_MOODENGUSDlong | +0.5969% | 1h | 0.04821 | long leg | $65K | $113K | 20x |
Kraken Futures PF_MOODENGUSD
ApeX Omni MOODENGUSDT
GMX MOODENG/USD [WBTC.b-USDC]
Aster MOODENGUSDT
Binance MOODENGUSDT
Bybit MOODENGUSDT
OKX MOODENG-USDT-SWAP
Gate MOODENG_USDT
MEXC MOODENG_USDT
KuCoin MOODENGUSDTM
Variational Omni MOODENG
GRVT MOODENG_USDT_Perp
SunX MOODENG-USDT
BloFin MOODENG-USDT
BingX MOODENG-USDT
Bitget MOODENGUSDT
Hyperliquid MOODENG