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: Kraken Futures against KuCoin+0.098%7-day average +0.112% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$259as in the Price arb table

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

Long on KuCoin Short on Kraken Futures

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)+0.039%+$4 · spread now +0.098%, 7d avg +0.112%

Together, before fees+1.958%+$196 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 paid +1.918%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MOODENGUSDTM	0.04808	0.0100	pay 0.0050% / 4h	2h 57m	$1.8M	$3.0M	50x
Short	Kraken Futures PF_MOODENGUSD	0.04813	−0.0220	pay 0.0027% / 1h	57m 08s	$66K	$150K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against KuCoin. 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 KuCoinbpFee Kraken FuturesbpOrdersPrice spread, now +0.098%Rate

Funding earned: −$67.16
Price spread: +0.098% → +0.112%: −$1.38
Slippage, 4 orders: −$235.28
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$325.82
Costs to cover: 2.573%
Break-even: never at this rate

Slippage from KuCoin: live order book, 10 min ago; Kraken Futures: live order book, 35 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 KuCoin live order book, 10 min ago	2.08 bp	107.4 bp −$107	1973.6 bp −$19.7K	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 35 min ago	12.70 bp	59.4 bp −$59	doesn't fit	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	+0.027%	$19	—	100x	as long as short
Kraken Futures PF_MOODENGUSDshort	−0.0220%	1h	0.04813	+0.098%	$66K	$150K	20x
Hyperliquid MOODENG	+0.0100%	1h	0.04815	+0.135%	$459K	$481K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04805	−0.062%	$10K	$34K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04808	0.000%	$1.6M	$4.9M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04814	+0.125%	$2.0M	$5.6M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04802	−0.125%	$583K	$820K	50x	as long as short
KuCoin MOODENGUSDTMlong	+0.0100%	4h	0.04808	long leg	$1.8M	$3.0M	50x
Bitget MOODENGUSDT	+0.0100%	4h	0.04808	0.000%	$1.3M	$1.3M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04813	+0.106%	$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	+2.121%	$2K	$2.0M	20x	as long as short
BloFin MOODENG-USDT	+0.0236%	4h	0.04810	+0.042%	$180K	$132K	50x	as long as short
Binance MOODENGUSDT	+0.0244%	4h	0.04810	+0.044%	$2.7M	$13.7M	50x	as long as short
MEXC MOODENG_USDT	+0.0252%	4h	0.04811	+0.062%	$977K	$344K	50x	as long as short
BingX MOODENG-USDT	+0.0268%	4h	0.04806	−0.042%	—	$6.8M	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0276%	4h	0.04816	+0.174%	$427K	$3.6M	10x	as long as short
ApeX Omni MOODENGUSDT	+0.0686%	1h	0.04815	+0.146%	$31K	$694K	25x	as long as short