Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.8790%/8h= +962.5% APRpaid last 24h +0.913%

Price spread now: Kraken Futures against BingX+0.594%7-day average +0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$1,702as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,800as in the Price arb table

costs, in and out, $10k−$1,85418.536% of the position

Long on BingX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+1.518%+$152 on $10k

Price spread, last 3 days (all we have)−0.730%−$73 · spread now +0.594%, 7d avg +0.062%

Together, before fees+0.788%+$79 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$264 a day on $10k at the current rate, and Kraken Futures is 0.532% dearer against BingX than usual: you sell high and buy low: +$53 more if the spread goes back to its 7-day average of +0.062%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.518% in total (about 79.2% 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	BingX MOODENG-USDT	0.04828	0.0180	pay 0.0090% / 4h	1h 04m	—	$6.7M	—
Short	Kraken Futures PF_MOODENGUSD	0.04857	0.8970	get 0.1121% / 1h	4m 04s	$70K	$102K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against BingX. 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 BingXbpFee Kraken FuturesbpOrdersPrice spread, now +0.594%Rate

Funding earned: $1,845.93
Price spread: +0.594% → +0.062%: $53.18
Slippage, 4 orders: −$1,833.57
Fee BingX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $45.54
Costs to cover: 18.536%
Break-even: 6.8 days

Slippage from BingX: live order book, 13 min ago; Kraken Futures: live order book, 13 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 BingX live order book, 13 min ago	3.13 bp	17.6 bp −$18	48.4 bp −$484	508.7 bp −$50.9K	792.6 bp −$396.3K
Sell Kraken Futures live order book, 13 min ago	19.82 bp	30.3 bp −$30	doesn't fit	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	0.04821	−0.137%	$19	—	100x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04820	−0.168%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04829	+0.021%	$2.6M	$11.1M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04828	0.000%	$1.7M	$4.2M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04825	−0.062%	$2.1M	$4.5M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04808	−0.414%	$576K	$776K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04827	−0.021%	$962K	$315K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04819	−0.186%	$1.7M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04811	−0.345%	$8K	$30K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04807	−0.427%	$422K	$2.2M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MOODENG-USDT	+0.0100%	4h	0.04936	+2.237%	$2K	$1.9M	20x	as long as short
BloFin MOODENG-USDT	+0.0130%	4h	0.04817	−0.228%	$180K	$139K	50x	as long as short
BingX MOODENG-USDTlong	+0.0180%	4h	0.04828	long leg	—	$6.7M	—
Hyperliquid MOODENG	+0.0216%	1h	0.04829	+0.014%	$468K	$412K	3x	as long as short
Bitget MOODENGUSDT	+0.0224%	4h	0.04833	+0.104%	$1.3M	$1.2M	50x	as long as short
ApeX Omni MOODENGUSDT	+0.0894%	1h	0.04805	−0.476%	$22K	$648K	25x	as long as short
Kraken Futures PF_MOODENGUSDshort	+0.8970%	1h	0.04857	+0.594%	$70K	$102K	20x