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

Net, funding: paid 7d − costs+$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$163as in the Price arb table

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

Long on MEXC Short on Kraken Futures

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%+$182 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.225% cheaper against MEXC than usual: you would sell low and buy high (spread −0.152% now, against its 7-day average of +0.073%). If the spread goes back, that is −$22 on $10k: about 16 days of funding at the current rate (+$1 a day). 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	MEXC MOODENG_USDT	0.04834	0.0128	pay 0.0064% / 4h	1h 04m	$945K	$345K	50x
Short	Kraken Futures PF_MOODENGUSD	0.04827	0.0174	get 0.0022% / 1h	4m 48s	$66K	$149K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against MEXC. 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 MEXCbpFee Kraken FuturesbpOrdersPrice spread, now −0.152%Rate

Funding earned: $9.67
Price spread: −0.152% → +0.073%: −$22.46
Slippage, 4 orders: −$122.55
Fee MEXC: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$153.34
Costs to cover: 1.406%
Break-even: 118.0 days

Slippage from MEXC: live order book, 21 min ago; Kraken Futures: live order book, 37 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 MEXC live order book, 21 min ago	3.10 bp	15.6 bp −$16	46.7 bp −$467	93.3 bp −$9,331	139.4 bp −$69.7K
Sell Kraken Futures live order book, 37 min ago	19.91 bp	63.4 bp −$63	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	0.04831	−0.072%	$19	—	100x	as long as short
Hyperliquid MOODENG	+0.0100%	1h	0.04831	−0.056%	$457K	$477K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04825	−0.186%	$9K	$36K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04828	−0.124%	$1.6M	$4.9M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04823	−0.228%	$2.1M	$5.5M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04828	−0.124%	$581K	$904K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04827	−0.145%	$1.8M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04820	−0.286%	$9K	$32K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04840	+0.126%	$422K	$3.2M	10x	as long as short
ApeX Omni MOODENGUSDT	+0.0100%	1h	0.04820	−0.290%	$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	+2.110%	$2K	$2.0M	20x	as long as short
Bitget MOODENGUSDT	+0.0104%	4h	0.04835	+0.021%	$1.3M	$1.3M	50x	as long as short
BloFin MOODENG-USDT	+0.0109%	4h	0.04819	−0.310%	$182K	$112K	50x	as long as short
MEXC MOODENG_USDTlong	+0.0128%	4h	0.04834	long leg	$945K	$345K	50x
Binance MOODENGUSDT	+0.0129%	4h	0.04831	−0.062%	$2.7M	$13.5M	50x	as long as short
BingX MOODENG-USDT	+0.0142%	4h	0.04829	−0.103%	—	$6.8M	—	as long as short
Kraken Futures PF_MOODENGUSDshort	+0.0174%	1h	0.04827	−0.152%	$66K	$149K	20x