Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.1067%/8h= −116.8% APRpaid last 24h −1.248%

Price spread now: OKX against Kraken Futures−0.079%7-day average −0.101% · you buy dearer than you sell

Net, funding: paid 7d − costs−$347as in the Funding arb table

Net, price: spread back to 7d avg − costs−$160as in the Price arb table

costs, in and out, $10k−$1621.618% of the position

Long on Kraken Futures Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−1.855%−$186 on $10k

Price spread, last 4 days (all we have)+0.260%+$26 · spread now −0.079%, 7d avg −0.101%

Together, before fees−1.595%−$159 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.022% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.079% now, against its 7-day average of −0.101%): +$2 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 2 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_MOODENGUSD	0.04836	0.1167	pay 0.0146% / 1h	16m 19s	$64K	$133K	20x
Short	OKX MOODENG-USDT-SWAP	0.04832	0.0100	get 0.0050% / 4h	3h 16m	$2.1M	$5.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.079%Rate

Funding earned: −$223.97
Price spread: −0.079% → −0.101%: $2.23
Slippage, 4 orders: −$141.79
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$383.52
Costs to cover: 1.618%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 36 min ago; OKX: live order book, 1 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, 36 min ago	15.14 bp	69.3 bp −$69	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	3.09 bp	17.9 bp −$18	132.7 bp −$1,327	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 −85.1801% / S +0.0295%	1h	0.04834	−0.042%	$1K	—	100x	as long as short
Hyperliquid MOODENG	+0.0100%	1h	0.04843	+0.142%	$470K	$454K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04850	+0.284%	$10K	$35K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04841	+0.107%	$1.6M	$4.6M	50x	as long as short
OKX MOODENG-USDT-SWAPshort	+0.0100%	4h	0.04832	−0.079%	$2.1M	$5.2M	20x
Gate MOODENG_USDT	+0.0100%	4h	0.04844	+0.169%	$576K	$870K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04842	+0.128%	$1.8M	$3.0M	50x	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04843	+0.148%	$424K	$2.9M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04947	+2.299%	$2K	$1.9M	20x	as long as short
Variational Omni MOODENG	+0.0125%	4h	0.04849	+0.265%	$9K	$32K	—	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	+0.0163%	4h	0.04849	+0.272%	$184K	$126K	50x	as long as short
Binance MOODENGUSDT	+0.0191%	4h	0.04846	+0.215%	$2.7M	$12.6M	50x	as long as short
MEXC MOODENG_USDT	+0.0196%	4h	0.04853	+0.355%	$929K	$333K	50x	as long as short
ApeX Omni MOODENGUSDT	+0.0450%	1h	0.04855	+0.396%	$32K	$675K	25x	as long as short
BingX MOODENG-USDT	+0.0476%	4h	0.04841	+0.107%	—	$6.7M	—	as long as short
Bitget MOODENGUSDT	+0.0484%	4h	0.04845	+0.190%	$1.3M	$1.3M	50x	as long as short
Kraken Futures PF_MOODENGUSDlong	+0.1167%	1h	0.04836	long leg	$64K	$133K	20x