Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0808%/8h= +88.5% APRpaid last 24h +1.218%

Price spread now: Kraken Futures against SunX−2.427%7-day average −2.057% · you buy dearer than you sell

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

Long on SunX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+1.841%+$184 on $10k

Price spread, last 4 days (all we have)+0.084%+$8 · spread now −2.427%, 7d avg −2.057%

Together, before fees+1.925%+$192 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.370% cheaper against SunX than usual: you would sell low and buy high (spread −2.427% now, against its 7-day average of −2.057%). If the spread goes back, that is −$37 on $10k: about 37 hours of funding at the current rate (+$24 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX MOODENG-USDT	0.04845	0.0100	pay 0.0050% / 4h	2h 36m	$1K	$2.0M	20x
Short	Kraken Futures PF_MOODENGUSD	0.04727	0.0908	get 0.0113% / 1h	36m 28s	$64K	$142K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against SunX. 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 SunXbpFee Kraken FuturesbpOrdersPrice spread, now −2.427%Rate

Funding earned: $169.66
Price spread: −2.427% → −2.057%: −$36.96
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $114.69
Costs to cover: 0.180%
Break-even: 2.3 days

Slippage unknown: SunX: live order book, 10 min ago; Kraken Futures: live order book, 11 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 SunX live order book, 10 min ago	258.78 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 11 min ago	15.76 bp	55.0 bp −$55	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	0.04725	−2.479%	$18	—	100x	as long as short
Hyperliquid MOODENG	+0.0100%	1h	0.04732	−2.332%	$455K	$463K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04728	−2.424%	$10K	$34K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04735	−2.270%	$1.5M	$4.7M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04729	−2.394%	$2.0M	$5.2M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04725	−2.477%	$567K	$874K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04736	−2.250%	$892K	$332K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04733	−2.312%	$1.8M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04718	−2.616%	$9K	$32K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04704	−2.907%	$414K	$3.0M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni MOODENGUSDT	+0.0100%	1h	0.04696	−3.075%	$31K	$677K	25x	as long as short
SunX MOODENG-USDTlong	+0.0100%	4h	0.04845	long leg	$1K	$2.0M	20x
Binance MOODENGUSDT	+0.0111%	4h	0.04736	−2.250%	$2.7M	$13.0M	50x	as long as short
BloFin MOODENG-USDT	+0.0137%	4h	0.04724	−2.497%	$182K	$125K	50x	as long as short
BingX MOODENG-USDT	+0.0332%	4h	0.04731	−2.353%	—	$6.8M	—	as long as short
Bitget MOODENGUSDT	+0.0334%	4h	0.04735	−2.270%	$1.3M	$1.3M	50x	as long as short
Kraken Futures PF_MOODENGUSDshort	+0.0908%	1h	0.04727	−2.427%	$64K	$142K	20x