Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0043%/8h= +4.8% APRpaid last 24h −0.061%

Price spread now: Binance against Hyperliquid+0.013%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$82as in the Funding arb table

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

costs, in and out, $10k−$760.765% of the position

Long on Hyperliquid Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.013%, 7d avg −0.020%

Together, before fees−0.042%+ Points / potential airdropHyperliquid: Season 2 · farm board−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.033% dearer against Hyperliquid than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.020%. Mind the row above: over the last 7 days funding on this pair cost −0.059%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid MOODENG	0.04816	0.0100	pay 0.0013% / 1h	8m 29s	$455K	$477K	3x
Short	Binance MOODENGUSDT	0.04817	0.0143	get 0.0072% / 4h	1h 08m	$2.7M	$13.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Hyperliquid. 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 HyperliquidbpFee BinancebpOrdersPrice spread, now +0.013%Rate

Funding earned: $9.12
Price spread: +0.013% → −0.020%: $3.34
Slippage, 4 orders: −$57.48
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$64.01
Costs to cover: 0.765%
Break-even: 56.1 days

Slippage from Hyperliquid: live order book, 52 min ago; Binance: live order book, 2 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 Hyperliquid live order book, 52 min ago	0.52 bp	20.3 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	2.07 bp	18.8 bp −$19	56.3 bp −$563	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	0.04821	+0.102%	$19	—	100x	as long as short
Hyperliquid MOODENGlong	+0.0100%	1h	0.04816	long leg	$455K	$477K	3x
Aster MOODENGUSDT	+0.0100%	4h	0.04817	+0.026%	$9K	$36K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04815	−0.019%	$1.6M	$4.9M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04809	−0.143%	$2.1M	$5.5M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04820	+0.085%	$581K	$903K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04814	−0.039%	$1.8M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04830	+0.295%	$9K	$32K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04840	+0.502%	$422K	$3.2M	10x	as long as short
ApeX Omni MOODENGUSDT	+0.0100%	1h	0.04830	+0.293%	$31K	$682K	25x	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	0.04931	+2.390%	$2K	$2.0M	20x	as long as short
BloFin MOODENG-USDT	+0.0107%	4h	0.04822	+0.127%	$182K	$112K	50x	as long as short
Bitget MOODENGUSDT	+0.0116%	4h	0.04819	+0.064%	$1.3M	$1.3M	50x	as long as short
MEXC MOODENG_USDT	+0.0140%	4h	0.04819	+0.064%	$942K	$345K	50x	as long as short
Binance MOODENGUSDTshort	+0.0143%	4h	0.04817	+0.013%	$2.7M	$13.5M	50x
BingX MOODENG-USDT	+0.0152%	4h	0.04816	+0.002%	—	$6.8M	—	as long as short
Kraken Futures PF_MOODENGUSD	+0.0175%	1h	0.04812	−0.089%	$66K	$149K	20x	as long as short