Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0102%/8h= +11.2% APRpaid last 24h +0.014%

Price spread now: Hyperliquid against BingX+0.082%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$760.764% of the position

Long on BingX Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 4 days (all we have)+0.045%+$5 · spread now +0.082%, 7d avg +0.032%

Together, before fees+0.034%+ Points / potential airdropHyperliquid: Season 2 · farm board+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.049% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX MOODENG-USDT	0.04783	0.0162	pay 0.0081% / 4h	2h 23m	—	$6.7M	—
Short	Hyperliquid MOODENG	0.04787	0.0264	get 0.0033% / 1h	23m 43s	$466K	$416K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against BingX. 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 BingXbpFee HyperliquidbpOrdersPrice spread, now +0.082%Rate

Funding earned: $21.41
Price spread: +0.082% → +0.032%: $4.95
Slippage, 4 orders: −$57.4
Fee BingX: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$50.04
Costs to cover: 0.764%
Break-even: 23.4 days

Slippage from BingX: live order book, 9 min ago; Hyperliquid: live order book, 60 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 BingX live order book, 9 min ago	4.22 bp	17.8 bp −$18	50.3 bp −$503	535.9 bp −$53.6K	803.7 bp −$401.9K
Sell Hyperliquid live order book, 60 min ago	2.11 bp	16.3 bp −$16	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	0.04767	−0.337%	$18	—	100x	as long as short
BloFin MOODENG-USDT	+0.0043%	4h	0.04765	−0.376%	$179K	$133K	50x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04762	−0.433%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04785	+0.037%	$2.6M	$11.0M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04787	+0.084%	$1.7M	$4.2M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04783	0.000%	$2.1M	$4.4M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04776	−0.146%	$573K	$766K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04784	+0.021%	$902K	$301K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04780	−0.063%	$1.7M	$2.9M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04774	−0.181%	$7K	$29K	—	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04764	−0.397%	$414K	$2.2M	10x	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04881	+2.049%	$2K	$1.8M	20x	as long as short
BingX MOODENG-USDTlong	+0.0162%	4h	0.04783	long leg	—	$6.7M	—
Bitget MOODENGUSDT	+0.0210%	4h	0.04784	+0.021%	$1.2M	$1.2M	50x	as long as short
Hyperliquid MOODENGshort	+0.0264%	1h	0.04787	+0.082%	$466K	$416K	3x
ApeX Omni MOODENGUSDT	+0.0706%	1h	0.04760	−0.481%	$22K	$642K	25x	as long as short
Kraken Futures PF_MOODENGUSD	+0.9897%	1h	0.04814	+0.658%	$67K	$101K	20x	as long as short