Settings8H · net · $10k
Funding arb · Price arb /

MOODENG

all MOODENG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0612%/8h= +67.1% APRpaid last 24h +0.049%
Price spread now: Hyperliquid against OKX+0.213%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$690.691% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.079%+$8 on $10k
Price spread, last 4 days (all we have)−0.248%−$25 · spread now +0.213%, 7d avg +0.050%
Together, before fees−0.169%+ Points / potential airdropHyperliquid: Season 2 · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Hyperliquid is 0.164% dearer against OKX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.050%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.079% in total (about 4.1% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MOODENG-USDT-SWAP0.047830.0100pay 0.0050% / 4h3h 18m$2.1M$4.6M20x
ShortHyperliquid MOODENG0.047930.0712get 0.0089% / 1h18m 54s$465K$410K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against OKX. 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

Funding earned
$128.6
Price spread: +0.213% → +0.050%
$16.36
Slippage, 4 orders
−$50.06
Fee OKX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$75.9
Costs to cover
0.691%
Break-even
2.9 days
Slippage from OKX: live order book, 4 min ago; Hyperliquid: live order book, 31 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 4 min ago3.13 bp19.8 bp −$20176.1 bp −$1,761doesn't fitdoesn't fit
Sell Hyperliquid live order book, 31 min ago1.88 bp15.2 bp −$15doesn't fitdoesn't fitdoesn't fit

MOODENG on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX MOODENG/USD [WBTC.b-USDC]L −1.1224% / S +0.0193%1h0.04802+0.387%$19100xas long as short
Aster MOODENGUSDT+0.0100%4h0.04795+0.242%$10K$32K5xas long as short
Binance MOODENGUSDT+0.0100%4h0.04787+0.093%$2.6M$11.4M50xas long as short
Bybit MOODENGUSDT+0.0100%4h0.04785+0.042%$1.6M$4.3M50xas long as short
OKX MOODENG-USDT-SWAPlong+0.0100%4h0.04783long leg$2.1M$4.6M20x
Gate MOODENG_USDT+0.0100%4h0.04788+0.105%$562K$809K50xas long as short
MEXC MOODENG_USDT+0.0100%4h0.04790+0.146%$973K$326K50xas long as short
KuCoin MOODENGUSDTM+0.0100%4h0.047830.000%$1.7M$2.9M50xas long as short
Variational Omni MOODENG+0.0100%4h0.04797+0.287%$8K$30Kas long as short
GRVT MOODENG_USDT_Perp+0.0100%4h0.04796+0.262%$424K$2.3M10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX MOODENG-USDT+0.0100%4h0.04905+2.551%$1K$1.9M20xas long as short
BloFin MOODENG-USDT+0.0143%4h0.04790+0.146%$179K$138K50xas long as short
ApeX Omni MOODENGUSDT+0.0152%1h0.04797+0.293%$23K$663K25xas long as short
BingX MOODENG-USDT+0.0410%4h0.04788+0.105%$6.7Mas long as short
Bitget MOODENGUSDT+0.0482%4h0.04794+0.230%$1.3M$1.2M50xas long as short
Hyperliquid MOODENGshort+0.0712%1h0.04793+0.213%$465K$410K3x
Kraken Futures PF_MOODENGUSD+0.5977%1h0.04814+0.656%$65K$113K20xas long as short