Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0622%/8h= +68.1% APRpaid last 24h +1.157%

Price spread now: Kraken Futures against Bitget−0.096%7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs+$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$155as in the Price arb table

costs, in and out, $10k−$1451.448% of the position

Long on Bitget Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+1.779%+$178 on $10k

Price spread, last 4 days (all we have)−0.133%−$13 · spread now −0.096%, 7d avg +0.011%

Together, before fees+1.646%+$165 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.106% cheaper against Bitget than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of +0.011%). If the spread goes back, that is −$11 on $10k: about 14 hours of funding at the current rate (+$19 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MOODENGUSDT	0.04712	0.0290	pay 0.0145% / 4h	2h 29m	$1.3M	$1.3M	50x
Short	Kraken Futures PF_MOODENGUSD	0.04707	0.0912	get 0.0114% / 1h	29m 54s	$64K	$143K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. 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 BitgetbpFee Kraken FuturesbpOrdersPrice spread, now −0.096%Rate

Funding earned: $130.56
Price spread: −0.096% → +0.011%: −$10.64
Slippage, 4 orders: −$122.8
Fee Bitget: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$24.87
Costs to cover: 1.448%
Break-even: 8.3 days

Slippage from Bitget: live order book, 1 min ago; Kraken Futures: live order book, 17 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 Bitget live order book, 1 min ago	1.06 bp	17.0 bp −$17	187.1 bp −$1,871	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 17 min ago	15.76 bp	55.0 bp −$55	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	0.04704	−0.180%	$18	—	100x	as long as short
Hyperliquid MOODENG	+0.0100%	1h	0.04717	+0.106%	$453K	$466K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04706	−0.137%	$10K	$34K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04706	−0.127%	$1.5M	$4.7M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04712	0.000%	$2.0M	$5.2M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04702	−0.212%	$564K	$875K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04706	−0.127%	$1.8M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04703	−0.196%	$9K	$32K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04704	−0.174%	$418K	$3.0M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04818	+2.250%	$2K	$2.0M	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC MOODENG_USDT	+0.0106%	4h	0.04713	+0.021%	$888K	$333K	50x	as long as short
Binance MOODENGUSDT	+0.0108%	4h	0.04715	+0.060%	$2.6M	$13.1M	50x	as long as short
ApeX Omni MOODENGUSDT	+0.0160%	1h	0.04708	−0.085%	$31K	$678K	25x	as long as short
BloFin MOODENG-USDT	+0.0162%	4h	0.04705	−0.149%	$179K	$125K	50x	as long as short
Bitget MOODENGUSDTlong	+0.0290%	4h	0.04712	long leg	$1.3M	$1.3M	50x
BingX MOODENG-USDT	+0.0322%	4h	0.04709	−0.064%	—	$6.8M	—	as long as short
Kraken Futures PF_MOODENGUSDshort	+0.0912%	1h	0.04707	−0.096%	$64K	$143K	20x