Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.6542%/8h= +716.4% APRpaid last 24h +1.163%

Price spread now: Kraken Futures against KuCoin+0.260%7-day average +0.114% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,241as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,404as in the Price arb table

costs, in and out, $10k−$1,41914.190% of the position

Long on KuCoin Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+1.778%+$178 on $10k

Price spread, last 3 days (all we have)−0.375%−$37 · spread now +0.260%, 7d avg +0.114%

Together, before fees+1.403%+$140 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$196 a day on $10k at the current rate, and Kraken Futures is 0.145% dearer against KuCoin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.114%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.778% in total (about 92.7% 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	KuCoin MOODENGUSDTM	0.04729	0.0100	pay 0.0050% / 4h	2h 41m	$1.7M	$3.0M	50x
Short	Kraken Futures PF_MOODENGUSD	0.04741	0.6642	get 0.0830% / 1h	41m 21s	$63K	$116K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against KuCoin. 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 KuCoinbpFee Kraken FuturesbpOrdersPrice spread, now +0.260%Rate

Funding earned: $1,373.9
Price spread: +0.260% → +0.114%: $14.53
Slippage, 4 orders: −$1,397.02
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$30.6
Costs to cover: 14.190%
Break-even: 7.2 days

Slippage from KuCoin: live order book, 11 min ago; Kraken Futures: live order book, 26 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 KuCoin live order book, 11 min ago	2.09 bp	37.7 bp −$38	1598.4 bp −$16.0K	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 26 min ago	33.81 bp	47.8 bp −$48	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	0.04730	+0.025%	$18	—	100x	as long as short
BloFin MOODENG-USDT	+0.0045%	4h	0.04786	+1.205%	$182K	$138K	50x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04729	−0.010%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04735	+0.127%	$2.6M	$11.6M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04733	+0.085%	$1.6M	$4.4M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04731	+0.042%	$2.1M	$4.8M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04728	−0.021%	$558K	$819K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04739	+0.211%	$939K	$324K	50x	as long as short
KuCoin MOODENGUSDTMlong	+0.0100%	4h	0.04729	long leg	$1.7M	$3.0M	50x
Variational Omni MOODENG	+0.0100%	4h	0.04732	+0.069%	$7K	$31K	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04773	+0.924%	$415K	$2.3M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04838	+2.305%	$1K	$1.9M	20x	as long as short
BingX MOODENG-USDT	+0.0560%	4h	0.04733	+0.085%	—	$6.7M	—	as long as short
ApeX Omni MOODENGUSDT	+0.0571%	1h	0.04773	+0.930%	$23K	$667K	25x	as long as short
Bitget MOODENGUSDT	+0.0580%	4h	0.04741	+0.254%	$1.3M	$1.2M	50x	as long as short
Hyperliquid MOODENG	+0.0608%	1h	0.04743	+0.288%	$471K	$422K	3x	as long as short
Kraken Futures PF_MOODENGUSDshort	+0.6642%	1h	0.04741	+0.260%	$63K	$116K	20x