Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.1471%/8h= +161.1% APRpaid last 24h −1.100%

Price spread now: MEXC against Kraken Futures+0.153%7-day average −0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$298as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$1141.143% of the position

Long on Kraken Futures Short on MEXC

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)−0.222%−$22 · spread now +0.153%, 7d avg −0.065%

Together, before fees−2.063%−$206 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$44 a day on $10k at the current rate, and MEXC is 0.218% dearer against Kraken Futures than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.065%. Mind the row above: over the last 7 days funding on this pair cost −1.841%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_MOODENGUSD	0.04762	−0.1309	get 0.0164% / 1h	36m 39s	$66K	$151K	20x
Short	MEXC MOODENG_USDT	0.04769	0.0162	get 0.0081% / 4h	3h 36m	$945K	$344K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 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 Kraken FuturesbpFee MEXCbpOrdersPrice spread, now +0.153%Rate

Funding earned: $308.98
Price spread: +0.153% → −0.065%: $21.78
Slippage, 4 orders: −$96.31
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee MEXC: 4 bp × 2 orders: −$8
Net: $216.44
Costs to cover: 1.143%
Break-even: 2.1 days

Slippage from Kraken Futures: live order book, 61 min ago; MEXC: live order book, 44 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, 61 min ago	19.78 bp	28.8 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 44 min ago	2.10 bp	9.9 bp −$10	24.8 bp −$248	93.4 bp −$9,343	146.0 bp −$73.0K

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	0.04767	+0.111%	$18	—	100x	as long as short
Kraken Futures PF_MOODENGUSDlong	−0.1309%	1h	0.04762	long leg	$66K	$151K	20x
Hyperliquid MOODENG	+0.0100%	1h	0.04770	+0.170%	$453K	$482K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04774	+0.261%	$10K	$35K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04770	+0.174%	$1.5M	$4.9M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04763	+0.027%	$2.0M	$5.6M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04771	+0.195%	$571K	$884K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04768	+0.132%	$1.8M	$3.0M	50x	as long as short
Bitget MOODENGUSDT	+0.0100%	4h	0.04771	+0.195%	$1.3M	$1.4M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04769	+0.147%	$9K	$33K	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04767	+0.111%	$415K	$3.4M	10x	as long as short
ApeX Omni MOODENGUSDT	+0.0100%	1h	0.04777	+0.321%	$31K	$692K	25x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04889	+2.673%	$1K	$2.0M	20x	as long as short
BloFin MOODENG-USDT	+0.0129%	4h	0.04772	+0.216%	$181K	$110K	50x	as long as short
MEXC MOODENG_USDTshort	+0.0162%	4h	0.04769	+0.153%	$945K	$344K	50x
Binance MOODENGUSDT	+0.0163%	4h	0.04770	+0.170%	$2.7M	$13.7M	50x	as long as short
BingX MOODENG-USDT	+0.0198%	4h	0.04772	+0.216%	—	$6.8M	—	as long as short