Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0622%/8h= −68.1% APRpaid last 24h −0.032%

Price spread now: BloFin against Hyperliquid+0.019%7-day average +0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$690.688% of the position

Long on Hyperliquid Short on BloFin

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)−0.006%−$1 · spread now +0.019%, 7d avg +0.011%

Together, before fees−0.014%+ Points / potential airdropHyperliquid: Season 2 · farm board−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$19 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.008% in total (about -0.4% 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	0.04756	0.0752	pay 0.0094% / 1h	40m 58s	$462K	$411K	3x
Short	BloFin MOODENG-USDT	0.04757	0.0130	get 0.0065% / 4h	3h 40m	$179K	$138K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.019%Rate

Funding earned: −$130.63
Price spread: +0.019% → +0.011%: $0.84
Slippage, 4 orders: −$47.84
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$198.63
Costs to cover: 0.688%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 9 min ago; BloFin: live order book, 23 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, 9 min ago	1.88 bp	18.3 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 23 min ago	2.07 bp	20.9 bp −$21	52.6 bp −$526	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	0.04749	−0.143%	$18	—	100x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04757	+0.012%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04758	+0.038%	$2.6M	$11.4M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04757	+0.019%	$1.6M	$4.3M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04752	−0.086%	$2.1M	$4.6M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04751	−0.107%	$561K	$795K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04756	−0.002%	$949K	$321K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04752	−0.086%	$1.7M	$2.9M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04756	+0.003%	$8K	$30K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04761	+0.103%	$418K	$2.2M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni MOODENGUSDT	+0.0100%	1h	0.04757	+0.019%	$23K	$662K	25x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04867	+2.332%	$1K	$1.9M	20x	as long as short
BloFin MOODENG-USDTshort	+0.0130%	4h	0.04757	+0.019%	$179K	$138K	50x
BingX MOODENG-USDT	+0.0310%	4h	0.04755	−0.023%	—	$6.7M	—	as long as short
Bitget MOODENGUSDT	+0.0332%	4h	0.04763	+0.145%	$1.3M	$1.2M	50x	as long as short
Hyperliquid MOODENGlong	+0.0752%	1h	0.04756	long leg	$462K	$411K	3x
Kraken Futures PF_MOODENGUSD	+0.6013%	1h	0.04785	+0.617%	$65K	$113K	20x	as long as short