Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −1.178%

Price spread now: MEXC against Kraken Futures+0.152%7-day average −0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$324as in the Funding arb table

Net, price: spread back to 7d avg − costs−$118as in the Price arb table

costs, in and out, $10k−$1411.406% of the position

Long on Kraken Futures Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−1.839%−$184 on $10k

Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.152%, 7d avg −0.073%

Together, before fees−1.825%−$183 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.225% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.152% now, against its 7-day average of −0.073%): +$22 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 days. At the pace of the last 7 days (−1.839% in total) that is about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_MOODENGUSD	0.04827	0.0174	pay 0.0022% / 1h	4m 49s	$66K	$149K	20x
Short	MEXC MOODENG_USDT	0.04834	0.0128	get 0.0064% / 4h	1h 04m	$945K	$345K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 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 Kraken FuturesbpFee MEXCbpOrdersPrice spread, now +0.152%Rate

Funding earned: −$9.67
Price spread: +0.152% → −0.073%: $22.48
Slippage, 4 orders: −$122.55
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$127.74
Costs to cover: 1.406%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 37 min ago; MEXC: live order book, 21 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	19.91 bp	47.4 bp −$47	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 21 min ago	3.10 bp	14.2 bp −$14	45.5 bp −$455	105.1 bp −$10.5K	147.9 bp −$73.9K

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	0.04831	+0.080%	$19	—	100x	as long as short
Hyperliquid MOODENG	+0.0100%	1h	0.04831	+0.096%	$457K	$477K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04825	−0.034%	$9K	$36K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04828	+0.028%	$1.6M	$4.9M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04823	−0.076%	$2.1M	$5.5M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04828	+0.028%	$581K	$904K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04827	+0.007%	$1.8M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04820	−0.135%	$9K	$32K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04840	+0.278%	$422K	$3.2M	10x	as long as short
ApeX Omni MOODENGUSDT	+0.0100%	1h	0.04820	−0.138%	$31K	$683K	25x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MOODENG-USDT	+0.0100%	4h	0.04936	+2.266%	$2K	$2.0M	20x	as long as short
Bitget MOODENGUSDT	+0.0104%	4h	0.04835	+0.173%	$1.3M	$1.3M	50x	as long as short
BloFin MOODENG-USDT	+0.0109%	4h	0.04819	−0.158%	$182K	$112K	50x	as long as short
MEXC MOODENG_USDTshort	+0.0128%	4h	0.04834	+0.152%	$945K	$345K	50x
Binance MOODENGUSDT	+0.0129%	4h	0.04831	+0.090%	$2.7M	$13.5M	50x	as long as short
BingX MOODENG-USDT	+0.0142%	4h	0.04829	+0.049%	—	$6.8M	—	as long as short
Kraken Futures PF_MOODENGUSDlong	+0.0174%	1h	0.04827	long leg	$66K	$149K	20x