Funding you earn now, next payment 02:00 UTC−0.0593%/8h= −64.9% APRpaid last 24h −0.054%
Price spread now: Gate against Hyperliquid−0.348%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1471.471% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)+0.255%+$25 · spread now −0.348%, 7d avg −0.081%
=Together, before fees+0.203%+ Points / potential airdropHyperliquid: Season 2 · farm board+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Gate is 0.266% cheaper against Hyperliquid than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.081%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.052% in total (about -2.7% 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 | 0.04776 | 0.0693 | pay 0.0087% / 1h | 11m 46s | $473K | $420K | 3x |
| Short | Gate MOODENG_USDT | 0.04759 | 0.0100 | get 0.0050% / 4h | 2h 11m | $564K | $831K | 50x |
Hyperliquid MOODENG
Gate MOODENG_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$124.44
- Price spread: −0.348% → −0.081%
- −$26.64
- Slippage, 4 orders
- −$123.13
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$298.21
- Costs to cover
- 1.471%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 28 min ago; Gate: live order book, 55 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, 28 min ago | 1.48 bp | 14.6 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 55 min ago | 6.19 bp | 68.0 bp −$68 | 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 | −0.191% | $18 | — | 100x | as long as short |
| Aster MOODENGUSDT | +0.0100% | 4h | 0.04762 | −0.290% | $10K | $32K | 5x | as long as short |
| Binance MOODENGUSDT | +0.0100% | 4h | 0.04773 | −0.054% | $2.6M | $11.8M | 50x | as long as short |
| Bybit MOODENGUSDT | +0.0100% | 4h | 0.04766 | −0.201% | $1.6M | $4.4M | 50x | as long as short |
| OKX MOODENG-USDT-SWAP | +0.0100% | 4h | 0.04767 | −0.180% | $2.1M | $4.9M | 20x | as long as short |
| Gate MOODENG_USDTshort | +0.0100% | 4h | 0.04759 | −0.348% | $564K | $831K | 50x | |
| MEXC MOODENG_USDT | +0.0100% | 4h | 0.04772 | −0.075% | $919K | $334K | 50x | as long as short |
| KuCoin MOODENGUSDTM | +0.0100% | 4h | 0.04763 | −0.264% | $1.8M | $3.0M | 50x | as long as short |
| Variational Omni MOODENG | +0.0100% | 4h | 0.04759 | −0.345% | $9K | $32K | — | as long as short |
| GRVT MOODENG_USDT_Perp | +0.0100% | 4h | 0.04763 | −0.263% | $422K | $2.4M | 10x | as long as short |
GMX MOODENG/USD [WBTC.b-USDC]
Aster MOODENGUSDT
Binance MOODENGUSDT
Bybit MOODENGUSDT
OKX MOODENG-USDT-SWAP
MEXC MOODENG_USDT
KuCoin MOODENGUSDTM
Variational Omni MOODENG
GRVT MOODENG_USDT_PerpShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX MOODENG-USDT | +0.0100% | 4h | 0.04882 | +2.228% | $1K | $1.9M | 20x | as long as short |
| ApeX Omni MOODENGUSDT | +0.0617% | 1h | 0.04762 | −0.285% | $22K | $661K | 25x | as long as short |
| BingX MOODENG-USDT | +0.0624% | 4h | 0.04766 | −0.201% | — | $6.7M | — | as long as short |
| Bitget MOODENGUSDT | +0.0648% | 4h | 0.04768 | −0.159% | $1.3M | $1.2M | 50x | as long as short |
| Hyperliquid MOODENGlong | +0.0693% | 1h | 0.04776 | long leg | $473K | $420K | 3x | |
| Kraken Futures PF_MOODENGUSD | +0.6583% | 1h | 0.04784 | +0.184% | $64K | $116K | 20x | as long as short |
SunX MOODENG-USDT
ApeX Omni MOODENGUSDT
BingX MOODENG-USDT
Bitget MOODENGUSDT
Kraken Futures PF_MOODENGUSD