Funding you earn now, next payment 23:00 UTC−0.8792%/8h= −962.8% APRpaid last 24h −0.919%
Price spread now: Bitget against Kraken Futures−0.378%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2,018as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,901as in the Price arb table
costs, in and out, $10k−$1,86318.634% of the position
Funding, last 7 days−1.545%−$155 on $10k
+Price spread, last 3 days (all we have)+0.589%+$59 · spread now −0.378%, 7d avg 0.000%
=Both sides work against this trade now: funding costs −$264 a day on $10k at the current rate, and Bitget is 0.378% cheaper against Kraken Futures than usual: you would sell low and buy high (−$38 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -1.545% in total (about -80.6% 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 | 0.04839 | 0.9002 | pay 0.1125% / 1h | 5m 41s | $69K | $102K | 20x |
| Short | Bitget MOODENGUSDT | 0.04821 | 0.0210 | get 0.0105% / 4h | 1h 05m | $1.3M | $1.2M | 50x |
Kraken Futures PF_MOODENGUSD
Bitget MOODENGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$1,846.4
- Price spread: −0.378% → 0.000%
- −$37.75
- Slippage, 4 orders
- −$1,841.38
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$3,747.53
- Costs to cover
- 18.634%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 11 min ago; Bitget: 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, 11 min ago | 19.82 bp | 1788.1 bp −$1,788 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 2.08 bp | 21.5 bp −$22 | 178.5 bp −$1,785 | 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 | 0.04812 | −0.555% | $19 | — | 100x | as long as short |
| BloFin MOODENG-USDT | +0.0074% | 4h | 0.04809 | −0.626% | $179K | $139K | 50x | as long as short |
| Aster MOODENGUSDT | +0.0100% | 4h | 0.04807 | −0.661% | $10K | $32K | 5x | as long as short |
| Binance MOODENGUSDT | +0.0100% | 4h | 0.04813 | −0.543% | $2.6M | $11.1M | 50x | as long as short |
| Bybit MOODENGUSDT | +0.0100% | 4h | 0.04812 | −0.564% | $1.7M | $4.2M | 50x | as long as short |
| OKX MOODENG-USDT-SWAP | +0.0100% | 4h | 0.04808 | −0.646% | $2.1M | $4.5M | 20x | as long as short |
| Gate MOODENG_USDT | +0.0100% | 4h | 0.04802 | −0.770% | $576K | $776K | 50x | as long as short |
| MEXC MOODENG_USDT | +0.0100% | 4h | 0.04815 | −0.502% | $960K | $315K | 50x | as long as short |
| KuCoin MOODENGUSDTM | +0.0100% | 4h | 0.04805 | −0.708% | $1.7M | $3.0M | 50x | as long as short |
| Variational Omni MOODENG | +0.0100% | 4h | 0.04798 | −0.846% | $8K | $30K | — | as long as short |
GMX MOODENG/USD [WBTC.b-USDC]
BloFin MOODENG-USDT
Aster MOODENGUSDT
Binance MOODENGUSDT
Bybit MOODENGUSDT
OKX MOODENG-USDT-SWAP
Gate MOODENG_USDT
MEXC MOODENG_USDT
KuCoin MOODENGUSDTM
Variational Omni MOODENGShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MOODENG_USDT_Perp | +0.0100% | 4h | 0.04807 | −0.659% | $422K | $2.2M | 10x | as long as short |
| SunX MOODENG-USDT | +0.0100% | 4h | 0.04922 | +1.709% | $1K | $1.9M | 20x | as long as short |
| BingX MOODENG-USDT | +0.0180% | 4h | 0.04811 | −0.584% | — | $6.7M | — | as long as short |
| Bitget MOODENGUSDTshort | +0.0210% | 4h | 0.04821 | −0.378% | $1.3M | $1.2M | 50x | |
| Hyperliquid MOODENG | +0.0216% | 1h | 0.04817 | −0.469% | $467K | $412K | 3x | as long as short |
| ApeX Omni MOODENGUSDT | +0.0916% | 1h | 0.04802 | −0.770% | $22K | $648K | 25x | as long as short |
| Kraken Futures PF_MOODENGUSDlong | +0.9002% | 1h | 0.04839 | long leg | $69K | $102K | 20x |
GRVT MOODENG_USDT_Perp
SunX MOODENG-USDT
BingX MOODENG-USDT
Hyperliquid MOODENG
ApeX Omni MOODENGUSDT