Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0850%/8h= +93.1% APRpaid last 24h +1.198%

Price spread now: Kraken Futures against BloFin−0.057%7-day average +0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs+$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$142as in the Price arb table

costs, in and out, $10k−$1331.332% of the position

Long on BloFin Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+1.796%+$180 on $10k

Price spread, last 4 days (all we have)−0.178%−$18 · spread now −0.057%, 7d avg +0.036%

Together, before fees+1.619%+$162 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.093% cheaper against BloFin than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of +0.036%). If the spread goes back, that is −$9 on $10k: about 9 hours of funding at the current rate (+$26 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MOODENG-USDT	0.04765	0.0051	pay 0.0025% / 4h	2h 46m	$182K	$125K	50x
Short	Kraken Futures PF_MOODENGUSD	0.04762	0.0901	get 0.0113% / 1h	46m 44s	$65K	$136K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. 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 BloFinbpFee Kraken FuturesbpOrdersPrice spread, now −0.057%Rate

Funding earned: $178.58
Price spread: −0.057% → +0.036%: −$9.31
Slippage, 4 orders: −$111.15
Fee BloFin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $36.11
Costs to cover: 1.332%
Break-even: 5.6 days

Slippage from BloFin: live order book, 33 min ago; Kraken Futures: live order book, 1 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 BloFin live order book, 33 min ago	5.15 bp	19.2 bp −$19	46.2 bp −$462	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 1 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	0.04752	−0.277%	$18	—	100x	as long as short
BloFin MOODENG-USDTlong	+0.0051%	4h	0.04765	long leg	$182K	$125K	50x
Hyperliquid MOODENG	+0.0100%	1h	0.04756	−0.187%	$462K	$458K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04761	−0.078%	$10K	$34K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04754	−0.231%	$1.6M	$4.7M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04751	−0.294%	$2.1M	$5.2M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04763	−0.042%	$571K	$871K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04756	−0.189%	$1.8M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04778	+0.266%	$9K	$32K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04778	+0.273%	$424K	$2.9M	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	0.04878	+2.371%	$2K	$2.0M	20x	as long as short
Binance MOODENGUSDT	+0.0104%	4h	0.04757	−0.168%	$2.7M	$12.8M	50x	as long as short
MEXC MOODENG_USDT	+0.0110%	4h	0.04757	−0.168%	$897K	$330K	50x	as long as short
ApeX Omni MOODENGUSDT	+0.0121%	1h	0.04765	0.000%	$31K	$676K	25x	as long as short
Bitget MOODENGUSDT	+0.0380%	4h	0.04759	−0.126%	$1.3M	$1.3M	50x	as long as short
BingX MOODENG-USDT	+0.0382%	4h	0.04766	+0.021%	—	$6.7M	—	as long as short
Kraken Futures PF_MOODENGUSDshort	+0.0901%	1h	0.04762	−0.057%	$65K	$136K	20x