Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h +0.021%

Price spread now: Hyperliquid against Bitget+0.008%7-day average −0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$770.769% of the position

Long on Bitget Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.018%+$2 on $10k

Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.008%, 7d avg −0.029%

Together, before fees+0.026%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Hyperliquid is 0.037% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.029%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MOODENGUSDT	0.04781	0.0572	pay 0.0286% / 4h	2h 51m	$1.3M	$1.2M	50x
Short	Hyperliquid MOODENG	0.04781	0.0584	get 0.0073% / 1h	51m 01s	$463K	$414K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Bitget. 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 BitgetbpFee HyperliquidbpOrdersPrice spread, now +0.008%Rate

Funding earned: $2.52
Price spread: +0.008% → −0.029%: $3.72
Slippage, 4 orders: −$55.92
Fee Bitget: 6 bp × 2 orders: −$12
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$70.68
Costs to cover: 0.769%
Break-even: 203.2 days

Slippage from Bitget: live order book, 5 min ago; Hyperliquid: live order book, 59 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 Bitget live order book, 5 min ago	3.16 bp	23.5 bp −$24	201.5 bp −$2,015	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 59 min ago	1.88 bp	15.2 bp −$15	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	0.04768	−0.261%	$18	—	100x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04765	−0.327%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04779	−0.048%	$2.6M	$11.6M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04774	−0.146%	$1.6M	$4.4M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04778	−0.063%	$2.1M	$4.8M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04761	−0.418%	$561K	$816K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04773	−0.167%	$946K	$324K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04767	−0.293%	$1.7M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04774	−0.141%	$7K	$31K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04767	−0.293%	$414K	$2.3M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MOODENG-USDT	+0.0100%	4h	0.04875	+1.966%	$1K	$1.9M	20x	as long as short
BloFin MOODENG-USDT	+0.0150%	4h	0.04777	−0.084%	$182K	$137K	50x	as long as short
ApeX Omni MOODENGUSDT	+0.0235%	1h	0.04755	−0.544%	$23K	$665K	25x	as long as short
BingX MOODENG-USDT	+0.0514%	4h	0.04772	−0.188%	—	$6.7M	—	as long as short
Bitget MOODENGUSDTlong	+0.0572%	4h	0.04781	long leg	$1.3M	$1.2M	50x
Hyperliquid MOODENGshort	+0.0584%	1h	0.04781	+0.008%	$463K	$414K	3x
Kraken Futures PF_MOODENGUSD	+0.6580%	1h	0.04786	+0.110%	$64K	$118K	20x	as long as short