Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1261%/8h= +138.1% APRpaid last 24h +0.063%

Price spread now: Hyperliquid against KuCoin+0.076%7-day average +0.079% · you sell dearer than you buy

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs−$102as in the Price arb table

costs, in and out, $10k−$1021.021% of the position

Long on KuCoin Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.122%+$12 on $10k

Price spread, last 4 days (all we have)+0.074%+$7 · spread now +0.076%, 7d avg +0.079%

Together, before fees+0.196%+ Points / potential airdropHyperliquid: Season 2 · farm board+$20 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.079%, so right now this pair is about funding alone: +$38 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 0.122% in total (about 6.4% 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	KuCoin MOODENGUSDTM	0.04734	0.0100	pay 0.0050% / 4h	50m 55s	$1.7M	$2.9M	50x
Short	Hyperliquid MOODENG	0.04738	0.1361	get 0.0170% / 1h	50m 55s	$471K	$417K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against KuCoin. 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 KuCoinbpFee HyperliquidbpOrdersPrice spread, now +0.076%Rate

Funding earned: $264.84
Price spread: +0.076% → +0.079%: −$0.32
Slippage, 4 orders: −$81.12
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $162.39
Costs to cover: 1.021%
Break-even: 2.7 days

Slippage from KuCoin: live order book, 6 min ago; Hyperliquid: live order book, 39 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 KuCoin live order book, 6 min ago	1.05 bp	32.7 bp −$33	1654.9 bp −$16.5K	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 39 min ago	2.20 bp	14.3 bp −$14	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	0.04725	−0.194%	$18	—	100x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04740	+0.126%	$10K	$32K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04735	+0.021%	$1.6M	$4.4M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04736	+0.042%	$2.1M	$4.8M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04735	+0.021%	$566K	$830K	50x	as long as short
KuCoin MOODENGUSDTMlong	+0.0100%	4h	0.04734	long leg	$1.7M	$2.9M	50x
Variational Omni MOODENG	+0.0100%	4h	0.04734	+0.004%	$9K	$32K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04756	+0.474%	$418K	$2.5M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04843	+2.302%	$1K	$1.9M	20x	as long as short
Binance MOODENGUSDT	+0.0146%	4h	0.04734	+0.001%	$2.6M	$11.7M	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC MOODENG_USDT	+0.0160%	4h	0.04737	+0.063%	$912K	$321K	50x	as long as short
BloFin MOODENG-USDT	+0.0199%	4h	0.04731	−0.063%	$181K	$119K	50x	as long as short
BingX MOODENG-USDT	+0.0778%	4h	0.04735	+0.021%	—	$6.7M	—	as long as short
Bitget MOODENGUSDT	+0.0788%	4h	0.04740	+0.127%	$1.3M	$1.2M	50x	as long as short
ApeX Omni MOODENGUSDT	+0.1034%	1h	0.04755	+0.444%	$22K	$662K	25x	as long as short
Kraken Futures PF_MOODENGUSD	+0.1247%	1h	0.04730	−0.077%	$62K	$128K	20x	as long as short
Hyperliquid MOODENGshort	+0.1361%	1h	0.04738	+0.076%	$471K	$417K	3x