Funding you earn now, next payment 23:00 UTC+0.8809%/8h= +964.6% APRnext payment +$11.01 per $10,000 · paid last 24h +0.897%
Price spread now: Kraken Futures against Hyperliquid+0.542%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,703as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,804as in the Price arb table
costs, in and out, $10k−$1,85518.554% of the position
Funding, last 7 days+1.527%+$153 on $10k
+Price spread, last 3 days (all we have)−0.704%−$70 · spread now +0.542%, 7d avg +0.029%
=Together, before fees+0.823%+ Points / potential airdropHyperliquid: Season 2 · farm board+$82 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$264 a day on $10k at the current rate, and Kraken Futures is 0.513% dearer against Hyperliquid than usual: you sell high and buy low: +$51 more if the spread goes back to its 7-day average of +0.029%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.527% in total (about 79.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$11.01 per $10,000. 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 | 0.04800 | 0.0217 | pay 0.0027% / 1h | 10m 58s | $466K | $412K | 3x |
| Short | Kraken Futures PF_MOODENGUSD | 0.04826 | 0.9027 | get 0.1128% / 1h | 10m 58s | $69K | $102K | 20x |
Hyperliquid MOODENG
Kraken Futures PF_MOODENGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $1,849.93
- Price spread: +0.542% → +0.029%
- $51.27
- Slippage, 4 orders
- −$1,836.42
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $45.78
- Costs to cover
- 18.554%
- Break-even
- 6.8 days
Slippage from Hyperliquid: live order book, 59 min ago; Kraken Futures: 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, 59 min ago | 4.82 bp | 17.5 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 6 min ago | 19.82 bp | 30.3 bp −$30 | doesn't fit | 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 | 0.04791 | −0.183% | $19 | — | 100x | as long as short |
| BloFin MOODENG-USDT | +0.0082% | 4h | 0.04797 | −0.069% | $179K | $138K | 50x | as long as short |
| Aster MOODENGUSDT | +0.0100% | 4h | 0.04800 | +0.004% | $10K | $32K | 5x | as long as short |
| Binance MOODENGUSDT | +0.0100% | 4h | 0.04798 | −0.039% | $2.6M | $11.1M | 50x | as long as short |
| Bybit MOODENGUSDT | +0.0100% | 4h | 0.04799 | −0.027% | $1.7M | $4.2M | 50x | as long as short |
| OKX MOODENG-USDT-SWAP | +0.0100% | 4h | 0.04796 | −0.090% | $2.1M | $4.5M | 20x | as long as short |
| Gate MOODENG_USDT | +0.0100% | 4h | 0.04799 | −0.027% | $576K | $775K | 50x | as long as short |
| MEXC MOODENG_USDT | +0.0100% | 4h | 0.04796 | −0.090% | $951K | $314K | 50x | as long as short |
| KuCoin MOODENGUSDTM | +0.0100% | 4h | 0.04793 | −0.152% | $1.7M | $3.0M | 50x | as long as short |
| Variational Omni MOODENG | +0.0100% | 4h | 0.04796 | −0.092% | $8K | $30K | — | as long as short |
GMX MOODENG/USD [WBTC.b-USDC]
BloFin MOODENG-USDT
Aster MOODENGUSDT
Binance MOODENGUSDT
Bybit MOODENGUSDT
OKX MOODENG-USDT-SWAP
Gate MOODENG_USDT
MEXC MOODENG_USDT
KuCoin MOODENGUSDTM
Variational Omni MOODENGShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MOODENG_USDT_Perp | +0.0100% | 4h | 0.04804 | +0.077% | $422K | $2.2M | 10x | as long as short |
| SunX MOODENG-USDT | +0.0100% | 4h | 0.04904 | +2.160% | $1K | $1.9M | 20x | as long as short |
| Bitget MOODENGUSDT | +0.0186% | 4h | 0.04805 | +0.098% | $1.3M | $1.2M | 50x | as long as short |
| BingX MOODENG-USDT | +0.0192% | 4h | 0.04799 | −0.027% | — | $6.7M | — | as long as short |
| Hyperliquid MOODENGlong | +0.0217% | 1h | 0.04800 | long leg | $466K | $412K | 3x | |
| ApeX Omni MOODENGUSDT | +0.1022% | 1h | 0.04806 | +0.119% | $22K | $649K | 25x | as long as short |
| Kraken Futures PF_MOODENGUSDshort | +0.9027% | 1h | 0.04826 | +0.542% | $69K | $102K | 20x |
GRVT MOODENG_USDT_Perp
SunX MOODENG-USDT
Bitget MOODENGUSDT
BingX MOODENG-USDT
ApeX Omni MOODENGUSDT