Funding you earn now, next payment 22:00 UTC−0.9788%/8h= −1071.8% APRpaid last 24h −0.804%
Price spread now: Bitget against Kraken Futures−0.832%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,334as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,271as in the Price arb table
costs, in and out, $10k−$2,18721.871% of the position
Funding, last 7 days−1.467%−$147 on $10k
+Price spread, last 3 days (all we have)+0.943%+$94 · spread now −0.832%, 7d avg +0.011%
=Both sides work against this trade now: funding costs −$294 a day on $10k at the current rate, and Bitget is 0.843% cheaper against Kraken Futures than usual: you would sell low and buy high (−$84 if the spread goes back to its 7-day average of +0.011%). Swap the legs.
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 | Kraken Futures PF_MOODENGUSD | 0.04795 | 0.9938 | pay 0.1242% / 1h | 31m 20s | $67K | $101K | 20x |
| Short | Bitget MOODENGUSDT | 0.04755 | 0.0150 | get 0.0075% / 4h | 2h 31m | $1.2M | $1.2M | 50x |
Kraken Futures PF_MOODENGUSD
Bitget MOODENGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$2,055.43
- Price spread: −0.832% → +0.011%
- −$84.25
- Slippage, 4 orders
- −$2,165.1
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$4,326.78
- Costs to cover
- 21.871%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 55 min ago; Bitget: live order book, 5 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, 55 min ago | 55.40 bp | 2074.0 bp −$2,074 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 4.21 bp | 24.3 bp −$24 | 169.4 bp −$1,694 | 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 | 0.04746 | −1.028% | $18 | — | 100x | as long as short |
| Aster MOODENGUSDT | +0.0100% | 4h | 0.04742 | −1.103% | $10K | $32K | 5x | as long as short |
| Binance MOODENGUSDT | +0.0100% | 4h | 0.04752 | −0.904% | $2.6M | $11.0M | 50x | as long as short |
| Bybit MOODENGUSDT | +0.0100% | 4h | 0.04749 | −0.957% | $1.7M | $4.2M | 50x | as long as short |
| OKX MOODENG-USDT-SWAP | +0.0100% | 4h | 0.04750 | −0.936% | $2.1M | $4.4M | 20x | as long as short |
| Gate MOODENG_USDT | +0.0100% | 4h | 0.04740 | −1.144% | $570K | $764K | 50x | as long as short |
| MEXC MOODENG_USDT | +0.0100% | 4h | 0.04752 | −0.894% | $896K | $300K | 50x | as long as short |
| KuCoin MOODENGUSDTM | +0.0100% | 4h | 0.04747 | −0.998% | $1.7M | $2.9M | 50x | as long as short |
| Variational Omni MOODENG | +0.0100% | 4h | 0.04750 | −0.939% | $7K | $29K | — | as long as short |
| GRVT MOODENG_USDT_Perp | +0.0100% | 4h | 0.04753 | −0.882% | $423K | $2.2M | 10x | as long as short |
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_PerpShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MOODENG-USDT | +0.0100% | 4h | 0.04855 | +1.254% | $1K | $1.8M | 20x | as long as short |
| BloFin MOODENG-USDT | +0.0102% | 4h | 0.04749 | −0.957% | $180K | $132K | 50x | as long as short |
| BingX MOODENG-USDT | +0.0144% | 4h | 0.04748 | −0.978% | — | $6.7M | — | as long as short |
| Bitget MOODENGUSDTshort | +0.0150% | 4h | 0.04755 | −0.832% | $1.2M | $1.2M | 50x | |
| Hyperliquid MOODENG | +0.0220% | 1h | 0.04756 | −0.815% | $464K | $416K | 3x | as long as short |
| ApeX Omni MOODENGUSDT | +0.0672% | 1h | 0.04754 | −0.852% | $22K | $641K | 25x | as long as short |
| Kraken Futures PF_MOODENGUSDlong | +0.9938% | 1h | 0.04795 | long leg | $67K | $101K | 20x |
SunX MOODENG-USDT
BloFin MOODENG-USDT
BingX MOODENG-USDT
Hyperliquid MOODENG
ApeX Omni MOODENGUSDT