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

Net, funding: paid 7d − costs+$42as in the Funding arb table

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

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

Long on MEXC Short on Kraken Futures

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)−0.050%−$5 · spread now −0.117%, 7d avg +0.073%

Together, before fees+1.789%+$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: Kraken Futures is 0.189% cheaper against MEXC than usual: you would sell low and buy high, −$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	MEXC MOODENG_USDT	0.04796	0.0170	pay 0.0085% / 4h	1h 41m	$928K	$339K	50x
Short	Kraken Futures PF_MOODENGUSD	0.04790	0.0175	get 0.0022% / 1h	41m 15s	$66K	$149K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against MEXC. 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 MEXCbpFee Kraken FuturesbpOrdersPrice spread, now −0.117%Rate

Funding earned: $1.13
Price spread: −0.117% → +0.073%: −$18.92
Slippage, 4 orders: −$123.47
Fee MEXC: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$159.27
Costs to cover: 1.415%
Break-even: 996.6 days

Slippage from MEXC: live order book, 50 min ago; Kraken Futures: 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 MEXC live order book, 50 min ago	3.19 bp	13.8 bp −$14	34.4 bp −$344	97.7 bp −$9,773	142.6 bp −$71.3K
Sell Kraken Futures live order book, 1 min ago	19.91 bp	63.4 bp −$63	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	0.04791	−0.115%	$19	—	100x	as long as short
Hyperliquid MOODENG	+0.0100%	1h	0.04798	+0.040%	$454K	$477K	3x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04790	−0.125%	$10K	$35K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04793	−0.063%	$1.5M	$4.8M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04788	−0.167%	$2.1M	$5.4M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04791	−0.104%	$581K	$892K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04789	−0.146%	$1.8M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04772	−0.497%	$9K	$32K	—	as long as short
ApeX Omni MOODENGUSDT	+0.0100%	1h	0.04778	−0.375%	$31K	$680K	25x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04902	+2.210%	$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	−0.259%	$422K	$3.1M	10x	as long as short
BloFin MOODENG-USDT	+0.0136%	4h	0.04802	+0.125%	$182K	$112K	50x	as long as short
MEXC MOODENG_USDTlong	+0.0170%	4h	0.04796	long leg	$928K	$339K	50x
Binance MOODENGUSDT	+0.0170%	4h	0.04796	0.000%	$2.7M	$13.4M	50x	as long as short
Kraken Futures PF_MOODENGUSDshort	+0.0175%	1h	0.04790	−0.117%	$66K	$149K	20x
BingX MOODENG-USDT	+0.0206%	4h	0.04792	−0.083%	—	$6.8M	—	as long as short
Bitget MOODENGUSDT	+0.0210%	4h	0.04804	+0.167%	$1.3M	$1.3M	50x	as long as short