Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0005%/8h= −0.6% APRpaid last 24h −1.178%

Price spread now: MEXC against Kraken Futures+0.117%7-day average −0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$325as in the Funding arb table

Net, price: spread back to 7d avg − costs−$123as in the Price arb table

costs, in and out, $10k−$1411.415% of the position

Long on Kraken Futures Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−1.839%−$184 on $10k

Price spread, last 4 days (all we have)+0.049%+$5 · spread now +0.117%, 7d avg −0.073%

Together, before fees−1.790%−$179 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.189% dearer against Kraken Futures than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_MOODENGUSD	0.04790	0.0175	pay 0.0022% / 1h	41m 15s	$66K	$149K	20x
Short	MEXC MOODENG_USDT	0.04796	0.0170	get 0.0085% / 4h	1h 41m	$928K	$339K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.117%Rate

Funding earned: −$1.13
Price spread: +0.117% → −0.073%: $18.93
Slippage, 4 orders: −$123.47
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$123.67
Costs to cover: 1.415%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 1 min ago; MEXC: live order book, 50 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, 1 min ago	19.91 bp	47.4 bp −$47	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 50 min ago	3.19 bp	16.9 bp −$17	44.9 bp −$449	102.6 bp −$10.3K	145.0 bp −$72.5K

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	0.04791	+0.002%	$19	—	100x	as long as short
Hyperliquid MOODENG	+0.0100%	1h	0.04798	+0.156%	$454K	$477K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04790	−0.008%	$10K	$35K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04793	+0.054%	$1.5M	$4.8M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04788	−0.050%	$2.1M	$5.4M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04791	+0.012%	$581K	$892K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04789	−0.029%	$1.8M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04772	−0.381%	$9K	$32K	—	as long as short
ApeX Omni MOODENGUSDT	+0.0100%	1h	0.04778	−0.259%	$31K	$680K	25x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04902	+2.330%	$1K	$2.0M	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MOODENG_USDT_Perp	+0.0136%	4h	0.04784	−0.143%	$422K	$3.1M	10x	as long as short
BloFin MOODENG-USDT	+0.0136%	4h	0.04802	+0.242%	$182K	$112K	50x	as long as short
MEXC MOODENG_USDTshort	+0.0170%	4h	0.04796	+0.117%	$928K	$339K	50x
Binance MOODENGUSDT	+0.0170%	4h	0.04796	+0.117%	$2.7M	$13.4M	50x	as long as short
Kraken Futures PF_MOODENGUSDlong	+0.0175%	1h	0.04790	long leg	$66K	$149K	20x
BingX MOODENG-USDT	+0.0206%	4h	0.04792	+0.033%	—	$6.8M	—	as long as short
Bitget MOODENGUSDT	+0.0210%	4h	0.04804	+0.284%	$1.3M	$1.3M	50x	as long as short