Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1134%/8h= +124.2% APRpaid last 24h +1.242%

Price spread now: Kraken Futures against Binance−0.003%7-day average +0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs+$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$150as in the Price arb table

costs, in and out, $10k−$1431.433% of the position

Long on Binance Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+1.780%+$178 on $10k

Price spread, last 4 days (all we have)−0.045%−$5 · spread now −0.003%, 7d avg +0.066%

Together, before fees+1.735%+$173 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.069% cheaper against Binance than usual: you would sell low and buy high (spread −0.003% now, against its 7-day average of +0.066%). If the spread goes back, that is −$7 on $10k: about 5 hours of funding at the current rate (+$34 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MOODENGUSDT	0.04720	0.0116	pay 0.0058% / 4h	37m 53s	$2.6M	$11.8M	50x
Short	Kraken Futures PF_MOODENGUSD	0.04720	0.1250	get 0.0156% / 1h	37m 53s	$63K	$129K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Binance. 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 BinancebpFee Kraken FuturesbpOrdersPrice spread, now −0.003%Rate

Funding earned: $238.12
Price spread: −0.003% → +0.066%: −$6.88
Slippage, 4 orders: −$123.31
Fee Binance: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $87.93
Costs to cover: 1.433%
Break-even: 4.4 days

Slippage from Binance: live order book, 2 min ago; Kraken Futures: live order book, 19 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 Binance live order book, 2 min ago	2.12 bp	17.1 bp −$17	56.1 bp −$561	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 19 min ago	24.24 bp	36.0 bp −$36	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	0.04711	−0.202%	$18	—	100x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04714	−0.131%	$10K	$32K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04714	−0.130%	$1.6M	$4.4M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04722	+0.039%	$2.1M	$4.8M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04708	−0.257%	$562K	$839K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04710	−0.215%	$1.7M	$2.9M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04713	−0.148%	$9K	$32K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04716	−0.093%	$420K	$2.5M	10x	as long as short
ApeX Omni MOODENGUSDT	+0.0100%	1h	0.04709	−0.236%	$22K	$662K	25x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04820	+2.116%	$1K	$1.9M	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC MOODENG_USDT	+0.0110%	4h	0.04719	−0.024%	$906K	$322K	50x	as long as short
Binance MOODENGUSDTlong	+0.0116%	4h	0.04720	long leg	$2.6M	$11.8M	50x
BloFin MOODENG-USDT	+0.0126%	4h	0.04706	−0.300%	$180K	$119K	50x	as long as short
BingX MOODENG-USDT	+0.0692%	4h	0.04710	−0.215%	—	$6.7M	—	as long as short
Bitget MOODENGUSDT	+0.0718%	4h	0.04722	+0.039%	$1.3M	$1.2M	50x	as long as short
Kraken Futures PF_MOODENGUSDshort	+0.1250%	1h	0.04720	−0.003%	$63K	$129K	20x
Hyperliquid MOODENG	+0.1289%	1h	0.04727	+0.139%	$472K	$419K	3x	as long as short