Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: OKX against KuCoin−0.183%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$132as in the Funding arb table

Net, price: spread back to 7d avg − costs−$153as in the Price arb table

costs, in and out, $10k−$1341.340% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 7 days+0.098%+$10 · spread now −0.183%, 7d avg +0.003%

Together, before fees+0.117%+$12 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: OKX is 0.187% cheaper against KuCoin than usual: you would sell low and buy high, −$19 on $10k if it goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MOODENGUSDTM	0.04914	0.0100	pay 0.0050% / 4h	3h 43m	$1.8M	$2.9M	50x
Short	OKX MOODENG-USDT-SWAP	0.04905	0.0100	get 0.0050% / 4h	3h 43m	$2.1M	$5.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.183%Rate

Funding earned: $0
Price spread: −0.183% → +0.003%: −$18.65
Slippage, 4 orders: −$111.97
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$152.62
Costs to cover: 1.340%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago	2.04 bp	44.0 bp −$44	1665.0 bp −$16.7K	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	3.05 bp	19.2 bp −$19	174.3 bp −$1,743	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 −169.2378% / S +0.0396%	1h	0.04906	−0.165%	$3K	—	100x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04921	+0.142%	$1.7M	$4.6M	50x	as long as short
OKX MOODENG-USDT-SWAPshort	+0.0100%	4h	0.04905	−0.183%	$2.1M	$5.1M	20x
Gate MOODENG_USDT	+0.0100%	4h	0.04914	0.000%	$592K	$856K	50x	as long as short
KuCoin MOODENGUSDTMlong	+0.0100%	4h	0.04914	long leg	$1.8M	$2.9M	50x
SunX MOODENG-USDT	+0.0100%	4h	0.05033	+2.422%	$1K	$1.9M	20x	as long as short
Aster MOODENGUSDT	+0.0178%	4h	0.04917	+0.061%	$10K	$35K	5x	as long as short
BloFin MOODENG-USDT	+0.0246%	4h	0.04921	+0.142%	$184K	$126K	50x	as long as short
GRVT MOODENG_USDT_Perp	+0.0280%	4h	0.04935	+0.433%	$434K	$2.7M	10x	as long as short
MEXC MOODENG_USDT	+0.0292%	4h	0.04921	+0.142%	$921K	$328K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MOODENGUSDT	+0.0295%	4h	0.04914	0.000%	$2.7M	$12.4M	50x	as long as short
Variational Omni MOODENG	+0.0331%	4h	0.04917	+0.054%	$9K	$32K	—	as long as short
Hyperliquid MOODENG	+0.0441%	1h	0.04917	+0.061%	$494K	$431K	3x	as long as short
BingX MOODENG-USDT	+0.0654%	4h	0.04913	−0.020%	—	$6.7M	—	as long as short
Bitget MOODENGUSDT	+0.0668%	4h	0.04920	+0.122%	$1.3M	$1.2M	50x	as long as short
Kraken Futures PF_MOODENGUSD	+0.1145%	1h	0.04926	+0.243%	$65K	$133K	20x	as long as short
ApeX Omni MOODENGUSDT	+0.1674%	1h	0.04922	+0.163%	$32K	$675K	25x	as long as short