Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0320%/8h= +35.0% APRpaid last 24h −1.116%

Price spread now: KuCoin against Kraken Futures−0.118%7-day average −0.112% · you buy dearer than you sell

Net, funding: paid 7d − costs−$449as in the Funding arb table

Net, price: spread back to 7d avg − costs−$258as in the Price arb table

costs, in and out, $10k−$2572.573% of the position

Long on Kraken Futures Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−1.918%−$192 on $10k

Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.118%, 7d avg −0.112%

Together, before fees−1.937%−$194 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.112%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −1.918%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_MOODENGUSD	0.04813	−0.0220	get 0.0027% / 1h	56m 51s	$66K	$150K	20x
Short	KuCoin MOODENGUSDTM	0.04807	0.0100	get 0.0050% / 4h	2h 56m	$1.8M	$3.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.118%Rate

Funding earned: $67.16
Price spread: −0.118% → −0.112%: −$0.69
Slippage, 4 orders: −$235.28
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$190.8
Costs to cover: 2.573%
Break-even: 26.9 days

Slippage from Kraken Futures: live order book, 35 min ago; KuCoin: live order book, 10 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, 35 min ago	12.70 bp	49.9 bp −$50	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 10 min ago	2.08 bp	40.7 bp −$41	620.2 bp −$6,202	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	0.04809	−0.071%	$19	—	100x	as long as short
Kraken Futures PF_MOODENGUSDlong	−0.0220%	1h	0.04813	long leg	$66K	$150K	20x
Hyperliquid MOODENG	+0.0100%	1h	0.04809	−0.077%	$458K	$481K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04805	−0.152%	$10K	$34K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04808	−0.098%	$1.6M	$4.9M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04805	−0.160%	$2.0M	$5.6M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04804	−0.181%	$583K	$821K	50x	as long as short
KuCoin MOODENGUSDTMshort	+0.0100%	4h	0.04807	−0.118%	$1.8M	$3.0M	50x
Bitget MOODENGUSDT	+0.0100%	4h	0.04810	−0.056%	$1.3M	$1.3M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04813	+0.008%	$9K	$33K	—	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	0.04910	+2.022%	$2K	$2.0M	20x	as long as short
BloFin MOODENG-USDT	+0.0236%	4h	0.04810	−0.056%	$180K	$132K	50x	as long as short
Binance MOODENGUSDT	+0.0244%	4h	0.04811	−0.035%	$2.7M	$13.7M	50x	as long as short
MEXC MOODENG_USDT	+0.0252%	4h	0.04812	−0.015%	$978K	$345K	50x	as long as short
BingX MOODENG-USDT	+0.0268%	4h	0.04806	−0.139%	—	$6.8M	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0276%	4h	0.04816	+0.076%	$427K	$3.6M	10x	as long as short
ApeX Omni MOODENGUSDT	+0.0686%	1h	0.04815	+0.048%	$31K	$694K	25x	as long as short