Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.009%

Price spread now: KuCoin against Bybit−0.021%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$1031.030% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.077%−$8 on $10k

Price spread, last 7 days+0.068%+$7 · spread now −0.021%, 7d avg −0.044%

Together, before fees−0.009%−$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.023% dearer against Bybit than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MOODENGUSDT	0.04773	0.0100	pay 0.0050% / 4h	3h 37m	$1.5M	$4.9M	50x
Short	KuCoin MOODENGUSDTM	0.04772	0.0100	get 0.0050% / 4h	3h 37m	$1.8M	$3.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now −0.021%Rate

Funding earned: $0
Price spread: −0.021% → −0.044%: $2.27
Slippage, 4 orders: −$80.02
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$100.75
Costs to cover: 1.030%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 10 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 Bybit live order book, 5 min ago	3.14 bp	19.6 bp −$20	44.1 bp −$441	doesn't fit	doesn't fit
Sell KuCoin live order book, 10 min ago	1.05 bp	24.8 bp −$25	457.4 bp −$4,574	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	0.04772	−0.031%	$18	—	100x	as long as short
Kraken Futures PF_MOODENGUSD	−0.1307%	1h	0.04769	−0.080%	$67K	$151K	20x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04775	+0.048%	$10K	$35K	5x	as long as short
Bybit MOODENGUSDTlong	+0.0100%	4h	0.04773	long leg	$1.5M	$4.9M	50x
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04773	0.000%	$2.0M	$5.6M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04774	+0.021%	$571K	$884K	50x	as long as short
KuCoin MOODENGUSDTMshort	+0.0100%	4h	0.04772	−0.021%	$1.8M	$3.0M	50x
Bitget MOODENGUSDT	+0.0100%	4h	0.04776	+0.063%	$1.3M	$1.4M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04769	−0.090%	$9K	$33K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04767	−0.126%	$415K	$3.4M	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	0.04777	+0.084%	$31K	$692K	25x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04891	+2.472%	$1K	$2.0M	20x	as long as short
Hyperliquid MOODENG	+0.0108%	1h	0.04779	+0.124%	$454K	$482K	3x	as long as short
Binance MOODENGUSDT	+0.0163%	4h	0.04775	+0.044%	$2.7M	$13.7M	50x	as long as short
MEXC MOODENG_USDT	+0.0168%	4h	0.04777	+0.084%	$946K	$344K	50x	as long as short
BingX MOODENG-USDT	+0.0198%	4h	0.04772	−0.021%	—	$6.8M	—	as long as short
BloFin MOODENG-USDT	+0.0229%	4h	0.04782	+0.189%	$181K	$111K	50x	as long as short