Funding you earn now, next payment 03:00 UTC+0.0811%/8h= +88.8% APRpaid last 24h +0.046%
Price spread now: Hyperliquid against Binance−0.046%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$710.708% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.046%, 7d avg +0.018%
=Together, before fees+0.049%+ Points / potential airdropHyperliquid: Season 2 · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.064% cheaper against Binance than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.018%). If the spread goes back, that is −$6 on $10k: about 6 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.043% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.043% in total (about 2.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MOODENGUSDT | 0.04811 | 0.0206 | pay 0.0103% / 4h | 1h 18m | $2.6M | $11.7M | 50x |
| Short | Hyperliquid MOODENG | 0.04809 | 0.1017 | get 0.0127% / 1h | 18m 34s | $476K | $415K | 3x |
Binance MOODENGUSDT
Hyperliquid MOODENGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $170.35
- Price spread: −0.046% → +0.018%
- −$6.45
- Slippage, 4 orders
- −$51.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $93.15
- Costs to cover
- 0.708%
- Break-even
- 3.2 days
Slippage from Binance: live order book, 7 min ago; Hyperliquid: live order book, 11 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 Binance live order book, 7 min ago | 2.09 bp | 16.5 bp −$17 | 56.4 bp −$564 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 2.20 bp | 14.3 bp −$14 | 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 | 0.04813 | +0.035% | $19 | — | 100x | as long as short |
| Aster MOODENGUSDT | +0.0100% | 4h | 0.04818 | +0.149% | $10K | $32K | 5x | as long as short |
| Bybit MOODENGUSDT | +0.0100% | 4h | 0.04810 | −0.017% | $1.6M | $4.4M | 50x | as long as short |
| OKX MOODENG-USDT-SWAP | +0.0100% | 4h | 0.04802 | −0.183% | $2.1M | $4.8M | 20x | as long as short |
| Gate MOODENG_USDT | +0.0100% | 4h | 0.04811 | +0.004% | $582K | $841K | 50x | as long as short |
| KuCoin MOODENGUSDTM | +0.0100% | 4h | 0.04813 | +0.045% | $1.8M | $2.9M | 50x | as long as short |
| Variational Omni MOODENG | +0.0100% | 4h | 0.04807 | −0.087% | $9K | $32K | — | as long as short |
| GRVT MOODENG_USDT_Perp | +0.0100% | 4h | 0.04799 | −0.245% | $422K | $2.4M | 10x | as long as short |
| SunX MOODENG-USDT | +0.0100% | 4h | 0.04930 | +2.477% | $1K | $1.9M | 20x | as long as short |
| MEXC MOODENG_USDT | +0.0192% | 4h | 0.04815 | +0.087% | $928K | $329K | 50x | as long as short |
GMX MOODENG/USD [WBTC.b-USDC]
Aster MOODENGUSDT
Bybit MOODENGUSDT
OKX MOODENG-USDT-SWAP
Gate MOODENG_USDT
KuCoin MOODENGUSDTM
Variational Omni MOODENG
GRVT MOODENG_USDT_Perp
SunX MOODENG-USDT
MEXC MOODENG_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MOODENGUSDTlong | +0.0206% | 4h | 0.04811 | long leg | $2.6M | $11.7M | 50x | |
| BloFin MOODENG-USDT | +0.0207% | 4h | 0.04819 | +0.170% | $181K | $122K | 50x | as long as short |
| BingX MOODENG-USDT | +0.0730% | 4h | 0.04812 | +0.025% | — | $6.7M | — | as long as short |
| Bitget MOODENGUSDT | +0.0816% | 4h | 0.04822 | +0.232% | $1.3M | $1.2M | 50x | as long as short |
| ApeX Omni MOODENGUSDT | +0.0835% | 1h | 0.04802 | −0.183% | $22K | $663K | 25x | as long as short |
| Hyperliquid MOODENGshort | +0.1017% | 1h | 0.04809 | −0.046% | $476K | $415K | 3x | |
| Kraken Futures PF_MOODENGUSD | +0.2806% | 1h | 0.04820 | +0.201% | $64K | $118K | 20x | as long as short |
BloFin MOODENG-USDT
BingX MOODENG-USDT
Bitget MOODENGUSDT
ApeX Omni MOODENGUSDT
Kraken Futures PF_MOODENGUSD