Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.062%

Price spread now: Hyperliquid against MEXC+0.066%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$630.632% of the position

Long on MEXC Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.060%+$6 on $10k

Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.066%, 7d avg +0.037%

Together, before fees+0.049%+ Points / potential airdropHyperliquid: Season 2 · farm board+$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.029% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC MOODENG_USDT	0.04698	0.0100	pay 0.0050% / 4h	2h 40m	$885K	$332K	50x
Short	Hyperliquid MOODENG	0.04701	0.0100	get 0.0013% / 1h	40m 05s	$454K	$462K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against MEXC. 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 MEXCbpFee HyperliquidbpOrdersPrice spread, now +0.066%Rate

Funding earned: $0
Price spread: +0.066% → +0.037%: $2.87
Slippage, 4 orders: −$46.2
Fee MEXC: 4 bp × 2 orders: −$8
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$60.33
Costs to cover: 0.632%
Break-even: never at this rate

Slippage from MEXC: live order book, 56 min ago; Hyperliquid: live order book, 30 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 MEXC live order book, 56 min ago	1.02 bp	10.9 bp −$11	44.6 bp −$446	105.6 bp −$10.6K	160.8 bp −$80.4K
Sell Hyperliquid live order book, 30 min ago	4.47 bp	25.0 bp −$25	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	0.04687	−0.234%	$18	—	100x	as long as short
BloFin MOODENG-USDT	+0.0061%	4h	0.04711	+0.277%	$181K	$125K	50x	as long as short
Hyperliquid MOODENGshort	+0.0100%	1h	0.04701	+0.066%	$454K	$462K	3x
Aster MOODENGUSDT	+0.0100%	4h	0.04691	−0.152%	$10K	$34K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04699	+0.022%	$2.7M	$13.0M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04696	−0.043%	$1.5M	$4.7M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04697	−0.021%	$2.0M	$5.2M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04684	−0.298%	$562K	$873K	50x	as long as short
MEXC MOODENG_USDTlong	+0.0100%	4h	0.04698	long leg	$885K	$332K	50x
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04687	−0.234%	$1.8M	$3.0M	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MOODENG	+0.0100%	4h	0.04718	+0.431%	$9K	$32K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04744	+0.979%	$414K	$2.9M	10x	as long as short
ApeX Omni MOODENGUSDT	+0.0100%	1h	0.04727	+0.617%	$31K	$677K	25x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04806	+2.299%	$1K	$2.0M	20x	as long as short
Bitget MOODENGUSDT	+0.0336%	4h	0.04705	+0.149%	$1.3M	$1.3M	50x	as long as short
BingX MOODENG-USDT	+0.0364%	4h	0.04696	−0.043%	—	$6.8M	—	as long as short
Kraken Futures PF_MOODENGUSD	+0.0915%	1h	0.04690	−0.176%	$64K	$142K	20x	as long as short