Funding you earn now, next payment 05:00 UTC−0.0190%/8h= −20.8% APRpaid last 24h −0.072%
Price spread now: GRVT against Hyperliquid+0.430%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$960.959% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 4 days (all we have)−0.267%−$27 · spread now +0.430%, 7d avg +0.075%
=Together, before fees−0.336%+ Points / potential airdropHyperliquid: Season 2 · GRVT: Active · farm board−$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.355% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.430% now, against its 7-day average of +0.075%): +$35 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 6.2 days. At the pace of the last 7 days (−0.070% in total) that is about 36 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.070% in total (about -3.6% 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 | 0.04865 | 0.0290 | pay 0.0036% / 1h | 33m 10s | $484K | $440K | 3x |
| Short | GRVT MOODENG_USDT_Perp | 0.04886 | 0.0100 | get 0.0050% / 4h | 3h 33m | $435K | $2.8M | 10x |
Hyperliquid MOODENG
GRVT MOODENG_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$39.92
- Price spread: +0.430% → +0.075%
- $35.5
- Slippage, 4 orders
- −$77.88
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$100.31
- Costs to cover
- 0.959%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 47 min ago; GRVT: live order book, 6 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, 47 min ago | 1.88 bp | 18.6 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 6 min ago | 12.24 bp | 37.6 bp −$38 | 94.4 bp −$944 | 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 −169.2378% / S +0.0396% | 1h | 0.04860 | −0.105% | $3K | — | 100x | as long as short |
| Bybit MOODENGUSDT | +0.0100% | 4h | 0.04862 | −0.064% | $1.6M | $4.6M | 50x | as long as short |
| OKX MOODENG-USDT-SWAP | +0.0100% | 4h | 0.04858 | −0.146% | $2.1M | $5.1M | 20x | as long as short |
| Gate MOODENG_USDT | +0.0100% | 4h | 0.04861 | −0.084% | $582K | $861K | 50x | as long as short |
| KuCoin MOODENGUSDTM | +0.0100% | 4h | 0.04859 | −0.125% | $1.8M | $3.0M | 50x | as long as short |
| GRVT MOODENG_USDT_Perpshort | +0.0100% | 4h | 0.04886 | +0.430% | $435K | $2.8M | 10x | |
| SunX MOODENG-USDT | +0.0100% | 4h | 0.04972 | +2.197% | $2K | $1.9M | 20x | as long as short |
| Aster MOODENGUSDT | +0.0137% | 4h | 0.04861 | −0.086% | $10K | $35K | 5x | as long as short |
| BloFin MOODENG-USDT | +0.0225% | 4h | 0.04856 | −0.187% | $186K | $125K | 50x | as long as short |
| Binance MOODENGUSDT | +0.0252% | 4h | 0.04867 | +0.048% | $2.7M | $12.5M | 50x | as long as short |
GMX MOODENG/USD [WBTC.b-USDC]
Bybit MOODENGUSDT
OKX MOODENG-USDT-SWAP
Gate MOODENG_USDT
KuCoin MOODENGUSDTM
SunX MOODENG-USDT
Aster MOODENGUSDT
BloFin MOODENG-USDT
Binance MOODENGUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MOODENG | +0.0253% | 4h | 0.04889 | +0.494% | $9K | $32K | — | as long as short |
| MEXC MOODENG_USDT | +0.0274% | 4h | 0.04870 | +0.101% | $909K | $329K | 50x | as long as short |
| Hyperliquid MOODENGlong | +0.0290% | 1h | 0.04865 | long leg | $484K | $440K | 3x | |
| Bitget MOODENGUSDT | +0.0586% | 4h | 0.04869 | +0.080% | $1.3M | $1.2M | 50x | as long as short |
| BingX MOODENG-USDT | +0.0608% | 4h | 0.04863 | −0.043% | — | $6.7M | — | as long as short |
| ApeX Omni MOODENGUSDT | +0.1017% | 1h | 0.04894 | +0.594% | $32K | $675K | 25x | as long as short |
| Kraken Futures PF_MOODENGUSD | +0.1160% | 1h | 0.04863 | −0.047% | $64K | $133K | 20x | as long as short |
Variational Omni MOODENG
MEXC MOODENG_USDT
Bitget MOODENGUSDT
BingX MOODENG-USDT
ApeX Omni MOODENGUSDT
Kraken Futures PF_MOODENGUSD