Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0069%/8h= +7.5% APRpaid last 24h +0.023%

Price spread now: Hyperliquid against BingX+0.340%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$710.708% of the position

Long on BingX Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)−0.304%−$30 · spread now +0.340%, 7d avg +0.037%

Together, before fees−0.312%+ Points / potential airdropHyperliquid: Season 2 · farm board−$31 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Hyperliquid is 0.303% dearer against BingX than usual: you sell high and buy low: +$30 more if the spread goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX MOODENG-USDT	0.04767	0.0624	pay 0.0312% / 4h	2h 10m	—	$6.7M	—
Short	Hyperliquid MOODENG	0.04783	0.0693	get 0.0087% / 1h	10m 47s	$474K	$420K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against BingX. 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 BingXbpFee HyperliquidbpOrdersPrice spread, now +0.340%Rate

Funding earned: $14.4
Price spread: +0.340% → +0.037%: $30.3
Slippage, 4 orders: −$51.81
Fee BingX: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$26.11
Costs to cover: 0.708%
Break-even: 19.7 days

Slippage from BingX: live order book, 12 min ago; Hyperliquid: live order book, 29 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 BingX live order book, 12 min ago	4.19 bp	17.6 bp −$18	44.2 bp −$442	528.5 bp −$52.8K	790.0 bp −$395.0K
Sell Hyperliquid live order book, 29 min ago	1.48 bp	21.5 bp −$22	doesn't fit	doesn't fit	doesn't fit

MOODENG on 16 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	0.04766	−0.013%	$18	—	100x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04765	−0.050%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04768	+0.021%	$2.6M	$11.8M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04765	−0.042%	$1.6M	$4.4M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04765	−0.042%	$2.1M	$4.9M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04762	−0.105%	$564K	$831K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04771	+0.084%	$919K	$334K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04764	−0.063%	$1.7M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04772	+0.108%	$9K	$32K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04763	−0.074%	$422K	$2.4M	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MOODENG-USDT	+0.0100%	4h	0.04887	+2.517%	$2K	$1.9M	20x	as long as short
BingX MOODENG-USDTlong	+0.0624%	4h	0.04767	long leg	—	$6.7M	—
ApeX Omni MOODENGUSDT	+0.0641%	1h	0.04757	−0.210%	$22K	$661K	25x	as long as short
Bitget MOODENGUSDT	+0.0660%	4h	0.04778	+0.231%	$1.3M	$1.2M	50x	as long as short
Hyperliquid MOODENGshort	+0.0693%	1h	0.04783	+0.340%	$474K	$420K	3x
Kraken Futures PF_MOODENGUSD	+0.6575%	1h	0.04790	+0.474%	$64K	$116K	20x	as long as short