Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.8929%/8h= −977.7% APRpaid last 24h −0.943%

Price spread now: SunX against Kraken Futures+1.639%7-day average +2.072% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−1.571%−$157 on $10k

Price spread, last 3 days (all we have)+0.684%+$68 · spread now +1.639%, 7d avg +2.072%

Together, before fees−0.886%−$89 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$268 a day on $10k at the current rate, and SunX is 0.434% cheaper against Kraken Futures than usual: you would sell low and buy high (−$43 if the spread goes back to its 7-day average of +2.072%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.571% in total (about -81.9% 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	0.04825	0.9029	pay 0.1129% / 1h	19m 09s	$69K	$102K	20x
Short	SunX MOODENG-USDT	0.04904	0.0100	get 0.0050% / 4h	1h 19m	$2K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +1.639%Rate

Funding earned: −$1,875.12
Price spread: +1.639% → +2.072%: −$43.35
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$1,936.47
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 63 min ago; SunX: live order book, 6 min ago. Net counts fees only.

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, 63 min ago	44.93 bp	2544.8 bp −$2,545	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 6 min ago	247.08 bp	doesn't fit	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	0.04795	−0.624%	$19	—	100x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04806	−0.396%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04801	−0.496%	$2.6M	$11.1M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04802	−0.475%	$1.7M	$4.2M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04793	−0.662%	$2.1M	$4.5M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04798	−0.558%	$575K	$774K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04800	−0.517%	$939K	$311K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04798	−0.558%	$1.7M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04805	−0.415%	$8K	$30K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04809	−0.333%	$423K	$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
SunX MOODENG-USDTshort	+0.0100%	4h	0.04904	+1.639%	$2K	$1.9M	20x
BloFin MOODENG-USDT	+0.0153%	4h	0.04799	−0.537%	$179K	$138K	50x	as long as short
Bitget MOODENGUSDT	+0.0192%	4h	0.04806	−0.392%	$1.3M	$1.2M	50x	as long as short
BingX MOODENG-USDT	+0.0204%	4h	0.04811	−0.289%	—	$6.7M	—	as long as short
Hyperliquid MOODENG	+0.0227%	1h	0.04803	−0.452%	$466K	$412K	3x	as long as short
ApeX Omni MOODENGUSDT	+0.1135%	1h	0.04813	−0.247%	$22K	$649K	25x	as long as short
Kraken Futures PF_MOODENGUSDlong	+0.9029%	1h	0.04825	long leg	$69K	$102K	20x