Cool, someone else using the Mod Review tag! Thanks for keeping me employed
First thing I noticed about the mix is the drums, which seem pushed too far back for the most part. Only a few parts of your kit are really audible and the interesting part of the drum loop is thrown so far into the background for the first half of the song, which leaves the whole beat sounding pretty bland and boring. The writing is a little repetitive too, which doesn't make the aforementioned issue any easier to swallow.
That sorta leads into my next point - the arrangement itself has some cool ideas, but is largely repetitive and built off the same few loops. There's not much to the source tune aside from a solid groove, which you replicated well, but I definitely think this could have used some more original writing on top of it. As it stands, it's probably too conservative to pass the judges panel :\
On the plus side, there's a lot of moments in the song where you do some really cool synth effects/embellishments, your bassline is fun, and you did some subtle but well-appreciated countermelodies. Production generally sounds nice (though there's some instances where notes bleed together too much.) All of those aspects were handled nicely, but the conservativeness of the track and the fact that it's just a short groove without anything taking center stage on the melodic front, as well as the weak/repetitive drums will probably keep this from passing the panel if you choose to submit in your current form.
I'd strongly advise fixing up your beats and changing up the structure from time to time to facilitate variety and allow for a more melodic focus here if you're still interested in submitting. If you're not aiming to go for the panel, you've still got a short but sweet track with some very enjoyable aspects to it