Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0560%/8h= −61.3% APRpaid last 24h −1.225%

Price spread now: Bitget against Kraken Futures+0.069%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$326as in the Funding arb table

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

costs, in and out, $10k−$1501.500% of the position

Long on Kraken Futures Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−1.763%−$176 on $10k

Price spread, last 4 days (all we have)+0.042%+$4 · spread now +0.069%, 7d avg −0.015%

Together, before fees−1.721%−$172 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.084% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of −0.015%): +$8 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_MOODENGUSD	0.04766	0.1238	pay 0.0155% / 1h	18m 13s	$63K	$131K	20x
Short	Bitget MOODENGUSDT	0.04769	0.0678	get 0.0339% / 4h	18m 13s	$1.3M	$1.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Kraken Futures. 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 Kraken FuturesbpFee BitgetbpOrdersPrice spread, now +0.069%Rate

Funding earned: −$117.6
Price spread: +0.069% → −0.015%: $8.39
Slippage, 4 orders: −$128
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$259.21
Costs to cover: 1.500%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 39 min ago; Bitget: live order book, 3 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 Kraken Futures live order book, 39 min ago	24.24 bp	66.7 bp −$67	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	3.14 bp	25.8 bp −$26	179.8 bp −$1,798	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	0.04756	−0.198%	$18	—	100x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04763	−0.065%	$10K	$30K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04765	−0.015%	$1.6M	$4.5M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04765	−0.015%	$2.1M	$4.8M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04760	−0.120%	$574K	$845K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04758	−0.162%	$1.7M	$2.9M	50x	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04787	+0.440%	$416K	$2.6M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04869	+2.167%	$2K	$1.9M	20x	as long as short
BloFin MOODENG-USDT	+0.0190%	4h	0.04766	+0.006%	$178K	$121K	50x	as long as short
Binance MOODENGUSDT	+0.0203%	4h	0.04767	+0.027%	$2.6M	$11.9M	50x	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	+0.0212%	4h	0.04766	+0.006%	$905K	$325K	50x	as long as short
Variational Omni MOODENG	+0.0244%	4h	0.04771	+0.113%	$9K	$32K	—	as long as short
ApeX Omni MOODENGUSDT	+0.0667%	1h	0.04780	+0.300%	$22K	$666K	25x	as long as short
Bitget MOODENGUSDTshort	+0.0678%	4h	0.04769	+0.069%	$1.3M	$1.2M	50x
BingX MOODENG-USDT	+0.0702%	4h	0.04759	−0.141%	—	$6.7M	—	as long as short
Hyperliquid MOODENG	+0.1138%	1h	0.04767	+0.018%	$476K	$420K	3x	as long as short
Kraken Futures PF_MOODENGUSDlong	+0.1238%	1h	0.04766	long leg	$63K	$131K	20x