Funding you earn now, next payment 03:00 UTC+0.2749%/8h= +301.0% APRpaid last 24h +1.247%
Price spread now: Kraken Futures against Gate+0.062%7-day average +0.128% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$240as in the Price arb table
costs, in and out, $10k−$2342.337% of the position
Funding, last 7 days+1.783%+$178 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.062%, 7d avg +0.128%
=Funding pays, the price is against you. Kraken Futures is 0.067% cheaper against Gate than usual: you would sell low and buy high (spread +0.062% now, against its 7-day average of +0.128%). If the spread goes back, that is −$7 on $10k: about 2 hours of funding at the current rate (+$82 a day). At the pace of the last 7 days (+1.783% in total) that is about 6 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.783% in total (about 92.9% 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 | Gate MOODENG_USDT | 0.04745 | 0.0100 | pay 0.0050% / 4h | 1h 05m | $572K | $842K | 50x |
| Short | Kraken Futures PF_MOODENGUSD | 0.04748 | 0.2849 | get 0.0356% / 1h | 5m 39s | $63K | $126K | 20x |
Gate MOODENG_USDT
Kraken Futures PF_MOODENGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $577.34
- Price spread: +0.062% → +0.128%
- −$6.68
- Slippage, 4 orders
- −$208.68
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $336.98
- Costs to cover
- 2.337%
- Break-even
- 2.9 days
Slippage from Gate: live order book, 56 min ago; Kraken Futures: live order book, 56 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 Gate live order book, 56 min ago | 4.20 bp | 39.0 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 56 min ago | 15.70 bp | 49.9 bp −$50 | 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 | 0.04741 | −0.082% | $18 | — | 100x | as long as short |
| Aster MOODENGUSDT | +0.0100% | 4h | 0.04754 | +0.187% | $10K | $32K | 5x | as long as short |
| Bybit MOODENGUSDT | +0.0100% | 4h | 0.04735 | −0.211% | $1.6M | $4.4M | 50x | as long as short |
| OKX MOODENG-USDT-SWAP | +0.0100% | 4h | 0.04740 | −0.105% | $2.1M | $4.8M | 20x | as long as short |
| Gate MOODENG_USDTlong | +0.0100% | 4h | 0.04745 | long leg | $572K | $842K | 50x | |
| KuCoin MOODENGUSDTM | +0.0100% | 4h | 0.04742 | −0.063% | $1.7M | $2.9M | 50x | as long as short |
| Variational Omni MOODENG | +0.0100% | 4h | 0.04748 | +0.065% | $9K | $32K | — | as long as short |
| GRVT MOODENG_USDT_Perp | +0.0100% | 4h | 0.04777 | +0.676% | $416K | $2.5M | 10x | as long as short |
| SunX MOODENG-USDT | +0.0100% | 4h | 0.04858 | +2.381% | $2K | $1.9M | 20x | as long as short |
| Binance MOODENGUSDT | +0.0145% | 4h | 0.04741 | −0.082% | $2.6M | $11.7M | 50x | as long as short |
GMX MOODENG/USD [WBTC.b-USDC]
Aster MOODENGUSDT
Bybit MOODENGUSDT
OKX MOODENG-USDT-SWAP
KuCoin MOODENGUSDTM
Variational Omni MOODENG
GRVT MOODENG_USDT_Perp
SunX MOODENG-USDT
Binance MOODENGUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MOODENG_USDT | +0.0158% | 4h | 0.04742 | −0.063% | $912K | $330K | 50x | as long as short |
| BloFin MOODENG-USDT | +0.0199% | 4h | 0.04773 | +0.590% | $181K | $120K | 50x | as long as short |
| ApeX Omni MOODENGUSDT | +0.0605% | 1h | 0.04783 | +0.801% | $22K | $662K | 25x | as long as short |
| Bitget MOODENGUSDT | +0.0742% | 4h | 0.04738 | −0.148% | $1.3M | $1.2M | 50x | as long as short |
| BingX MOODENG-USDT | +0.0742% | 4h | 0.04745 | 0.000% | — | $6.7M | — | as long as short |
| Hyperliquid MOODENG | +0.0989% | 1h | 0.04750 | +0.097% | $470K | $416K | 3x | as long as short |
| Kraken Futures PF_MOODENGUSDshort | +0.2849% | 1h | 0.04748 | +0.062% | $63K | $126K | 20x |
MEXC MOODENG_USDT
BloFin MOODENG-USDT
ApeX Omni MOODENGUSDT
Bitget MOODENGUSDT
BingX MOODENG-USDT
Hyperliquid MOODENG