Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.6490%/8h= +710.7% APRpaid last 24h +1.174%

Price spread now: Kraken Futures against SunX−1.890%7-day average −2.062% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+1.726%+$173 on $10k

Price spread, last 3 days (all we have)−0.452%−$45 · spread now −1.890%, 7d avg −2.062%

Together, before fees+1.274%+$127 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$195 a day on $10k at the current rate, and Kraken Futures is 0.172% dearer against SunX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −2.062%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.726% in total (about 90.0% 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	SunX MOODENG-USDT	0.04871	0.0100	pay 0.0050% / 4h	2h 17m	$2K	$1.9M	20x
Short	Kraken Futures PF_MOODENGUSD	0.04779	0.6590	get 0.0824% / 1h	17m 53s	$64K	$116K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against SunX. 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 SunXbpFee Kraken FuturesbpOrdersPrice spread, now −1.890%Rate

Funding earned: $1,362.91
Price spread: −1.890% → −2.062%: $17.21
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $1,362.12
Costs to cover: 0.180%
Break-even: 0.0 days

Slippage unknown: SunX: live order book, 8 min ago; Kraken Futures: live order book, 49 min ago. Net counts fees only.

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 SunX live order book, 8 min ago	241.51 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 49 min ago	33.81 bp	47.8 bp −$48	doesn't fit	doesn't fit	doesn't fit

MOODENG on 16 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	0.04764	−2.193%	$18	—	100x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04766	−2.157%	$10K	$32K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04759	−2.299%	$1.6M	$4.4M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04756	−2.361%	$2.1M	$4.9M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04757	−2.340%	$564K	$831K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04767	−2.135%	$1.8M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04767	−2.133%	$9K	$32K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04774	−1.991%	$420K	$2.3M	10x	as long as short
SunX MOODENG-USDTlong	+0.0100%	4h	0.04871	long leg	$2K	$1.9M	20x
MEXC MOODENG_USDT	+0.0108%	4h	0.04758	−2.320%	$917K	$334K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MOODENGUSDT	+0.0109%	4h	0.04760	−2.282%	$2.6M	$11.7M	50x	as long as short
BingX MOODENG-USDT	+0.0642%	4h	0.04754	−2.402%	—	$6.7M	—	as long as short
Bitget MOODENGUSDT	+0.0674%	4h	0.04762	−2.238%	$1.3M	$1.2M	50x	as long as short
ApeX Omni MOODENGUSDT	+0.0694%	1h	0.04765	−2.176%	$22K	$661K	25x	as long as short
Hyperliquid MOODENG	+0.0715%	1h	0.04765	−2.184%	$472K	$419K	3x	as long as short
Kraken Futures PF_MOODENGUSDshort	+0.6590%	1h	0.04779	−1.890%	$64K	$116K	20x