Funding you earn now, next payment 03:00 UTC−0.0301%/8h= −32.9% APRpaid last 24h −0.031%
Price spread now: BingX against Hyperliquid−0.129%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$740.738% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.231%−$23 · spread now −0.129%, 7d avg −0.039%
=Together, before fees−0.230%+ Points / potential airdropHyperliquid: Season 2 · farm board−$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and BingX is 0.089% cheaper against Hyperliquid than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.039%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total (about 0.0% 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 | Hyperliquid MOODENG | 0.04820 | 0.1031 | pay 0.0129% / 1h | 19m 40s | $477K | $415K | 3x |
| Short | BingX MOODENG-USDT | 0.04814 | 0.0730 | get 0.0365% / 4h | 1h 19m | — | $6.7M | — |
Hyperliquid MOODENG
BingX MOODENG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Hyperliquid. 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
- −$63.13
- Price spread: −0.129% → −0.039%
- −$8.94
- Slippage, 4 orders
- −$54.76
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$145.83
- Costs to cover
- 0.738%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; BingX: live order book, 8 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, 10 min ago | 2.20 bp | 20.2 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 4.21 bp | 18.1 bp −$18 | 54.6 bp −$546 | 522.0 bp −$52.2K | 774.6 bp −$387.3K |
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 | 0.04790 | −0.635% | $19 | — | 100x | as long as short |
| Aster MOODENGUSDT | +0.0100% | 4h | 0.04809 | −0.231% | $10K | $32K | 5x | as long as short |
| Bybit MOODENGUSDT | +0.0100% | 4h | 0.04820 | −0.004% | $1.6M | $4.4M | 50x | as long as short |
| OKX MOODENG-USDT-SWAP | +0.0100% | 4h | 0.04817 | −0.066% | $2.1M | $4.9M | 20x | as long as short |
| Gate MOODENG_USDT | +0.0100% | 4h | 0.04817 | −0.066% | $583K | $841K | 50x | as long as short |
| KuCoin MOODENGUSDTM | +0.0100% | 4h | 0.04812 | −0.170% | $1.8M | $2.9M | 50x | as long as short |
| Variational Omni MOODENG | +0.0100% | 4h | 0.04807 | −0.282% | $9K | $32K | — | as long as short |
| GRVT MOODENG_USDT_Perp | +0.0100% | 4h | 0.04799 | −0.439% | $422K | $2.4M | 10x | as long as short |
| SunX MOODENG-USDT | +0.0100% | 4h | 0.04908 | +1.822% | $1K | $1.9M | 20x | as long as short |
| MEXC MOODENG_USDT | +0.0188% | 4h | 0.04816 | −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 MOODENGUSDT | +0.0193% | 4h | 0.04821 | +0.017% | $2.6M | $11.7M | 50x | as long as short |
| BloFin MOODENG-USDT | +0.0239% | 4h | 0.04809 | −0.232% | $180K | $121K | 50x | as long as short |
| BingX MOODENG-USDTshort | +0.0730% | 4h | 0.04814 | −0.129% | — | $6.7M | — | |
| Bitget MOODENGUSDT | +0.0808% | 4h | 0.04826 | +0.120% | $1.3M | $1.2M | 50x | as long as short |
| ApeX Omni MOODENGUSDT | +0.0835% | 1h | 0.04802 | −0.378% | $22K | $663K | 25x | as long as short |
| Hyperliquid MOODENGlong | +0.1031% | 1h | 0.04820 | long leg | $477K | $415K | 3x | |
| Kraken Futures PF_MOODENGUSD | +0.2819% | 1h | 0.04799 | −0.437% | $63K | $117K | 20x | as long as short |
Binance MOODENGUSDT
BloFin MOODENG-USDT
Bitget MOODENGUSDT
ApeX Omni MOODENGUSDT
Kraken Futures PF_MOODENGUSD