MOODENG

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.6898%/8h= −755.3% APRnext payment −$8.62 per $10,000 · paid last 24h −1.124%

Price spread now: GMX against Kraken Futures−0.513%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$207 a day on $10k at the current rate, and GMX is 0.513% cheaper against Kraken Futures than usual: you would sell low and buy high (−$51 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_MOODENGUSD	0.04863	0.6705	pay 0.0838% / 1h	40m 11s	$66K	$113K	20x
Short	GMX MOODENG/USD [WBTC.b-USDC]	0.04838	L −1.1224% / S +0.0193%	pay 0.0024% / 1h	40m 11s	$19	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.513%Rate

Funding earned: −$1,448.55
Price spread: −0.513% → 0.000%: −$51.31
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$1,521.86
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 37 min ago; GMX: no order-book sample. Net counts fees only.

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, 37 min ago	19.82 bp	1788.1 bp −$1,788	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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]short	L −1.1224% / S +0.0193%	1h	0.04838	−0.513%	$19	—	100x
Hyperliquid MOODENG	+0.0100%	1h	0.04847	−0.342%	$470K	$412K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04843	−0.410%	$10K	$32K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04839	−0.501%	$1.7M	$4.2M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04836	−0.562%	$2.1M	$4.6M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04842	−0.439%	$578K	$788K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04836	−0.562%	$1.8M	$2.9M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04842	−0.431%	$8K	$30K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04851	−0.253%	$425K	$2.2M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04948	+1.740%	$2K	$1.9M	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MOODENG-USDT	+0.0126%	4h	0.04848	−0.316%	$180K	$140K	50x	as long as short
Binance MOODENGUSDT	+0.0145%	4h	0.04843	−0.411%	$2.6M	$11.2M	50x	as long as short
MEXC MOODENG_USDT	+0.0150%	4h	0.04842	−0.439%	$981K	$314K	50x	as long as short
Bitget MOODENGUSDT	+0.0300%	4h	0.04851	−0.254%	$1.3M	$1.2M	50x	as long as short
BingX MOODENG-USDT	+0.0322%	4h	0.04842	−0.439%	—	$6.7M	—	as long as short
ApeX Omni MOODENGUSDT	+0.2081%	1h	0.04867	+0.075%	$23K	$651K	25x	as long as short
Kraken Futures PF_MOODENGUSDlong	+0.6705%	1h	0.04863	long leg	$66K	$113K	20x