Funding you earn now, next payment 01:00 UTC−0.5458%/8h= −597.6% APRpaid last 24h −1.080%
Price spread now: BingX against Kraken Futures+0.021%7-day average −0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,487as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,314as in the Price arb table
costs, in and out, $10k−$1,32413.236% of the position
Funding, last 7 days−1.636%−$164 on $10k
+Price spread, last 3 days (all we have)+0.154%+$15 · spread now +0.021%, 7d avg −0.074%
=The price spread pays, funding is against you. BingX is 0.095% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.021% now, against its 7-day average of −0.074%): +$10 on $10k if it goes back. Holding the pair costs −$164 a day in funding at the current rate, which eats that in about 1 hour. At the pace of the last 7 days (−1.636% in total) that is about 10 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.636% in total (about -85.3% 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 | Kraken Futures PF_MOODENGUSD | 0.04799 | 0.5996 | pay 0.0749% / 1h | 1m 01s | $65K | $115K | 20x |
| Short | BingX MOODENG-USDT | 0.04800 | 0.0538 | get 0.0269% / 4h | 3h 01m | — | $6.7M | — |
Kraken Futures PF_MOODENGUSD
BingX MOODENG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1,146.14
- Price spread: +0.021% → −0.074%
- $9.51
- Slippage, 4 orders
- −$1,303.64
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$2,460.27
- Costs to cover
- 13.236%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 6 min ago; BingX: live order book, 6 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 Kraken Futures live order book, 6 min ago | 33.81 bp | 1239.0 bp −$1,239 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 4.10 bp | 18.6 bp −$19 | 54.7 bp −$547 | 525.1 bp −$52.5K | 834.8 bp −$417.4K |
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 | 0.04795 | −0.081% | $19 | — | 100x | as long as short |
| Aster MOODENGUSDT | +0.0100% | 4h | 0.04792 | −0.145% | $10K | $32K | 5x | as long as short |
| Binance MOODENGUSDT | +0.0100% | 4h | 0.04796 | −0.056% | $2.6M | $11.5M | 50x | as long as short |
| Bybit MOODENGUSDT | +0.0100% | 4h | 0.04796 | −0.062% | $1.6M | $4.4M | 50x | as long as short |
| OKX MOODENG-USDT-SWAP | +0.0100% | 4h | 0.04796 | −0.062% | $2.1M | $4.7M | 20x | as long as short |
| Gate MOODENG_USDT | +0.0100% | 4h | 0.04785 | −0.291% | $559K | $821K | 50x | as long as short |
| MEXC MOODENG_USDT | +0.0100% | 4h | 0.04802 | +0.063% | $969K | $331K | 50x | as long as short |
| KuCoin MOODENGUSDTM | +0.0100% | 4h | 0.04795 | −0.083% | $1.8M | $3.0M | 50x | as long as short |
| Variational Omni MOODENG | +0.0100% | 4h | 0.04801 | +0.035% | $8K | $30K | — | as long as short |
| SunX MOODENG-USDT | +0.0100% | 4h | 0.04904 | +2.188% | $2K | $1.9M | 20x | as long as short |
GMX MOODENG/USD [WBTC.b-USDC]
Aster MOODENGUSDT
Binance MOODENGUSDT
Bybit MOODENGUSDT
OKX MOODENG-USDT-SWAP
Gate MOODENG_USDT
MEXC MOODENG_USDT
KuCoin MOODENGUSDTM
Variational Omni MOODENG
SunX MOODENG-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MOODENG-USDT | +0.0105% | 4h | 0.04801 | +0.042% | $181K | $137K | 50x | as long as short |
| GRVT MOODENG_USDT_Perp | +0.0162% | 4h | 0.04862 | +1.310% | $422K | $2.3M | 10x | as long as short |
| ApeX Omni MOODENGUSDT | +0.0511% | 1h | 0.04840 | +0.855% | $23K | $665K | 25x | as long as short |
| BingX MOODENG-USDTshort | +0.0538% | 4h | 0.04800 | +0.021% | — | $6.7M | — | |
| Hyperliquid MOODENG | +0.0557% | 1h | 0.04802 | +0.059% | $465K | $411K | 3x | as long as short |
| Bitget MOODENGUSDT | +0.0560% | 4h | 0.04802 | +0.063% | $1.3M | $1.2M | 50x | as long as short |
| Kraken Futures PF_MOODENGUSDlong | +0.5996% | 1h | 0.04799 | long leg | $65K | $115K | 20x |
BloFin MOODENG-USDT
GRVT MOODENG_USDT_Perp
ApeX Omni MOODENGUSDT
Hyperliquid MOODENG
Bitget MOODENGUSDT