Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0139%/8h= +15.2% APRpaid last 24h +0.044%

Price spread now: Hyperliquid against Gate+0.204%7-day average +0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$98as in the Price arb table

costs, in and out, $10k−$1111.110% of the position

Long on Gate Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 4 days (all we have)+0.072%+$7 · spread now +0.204%, 7d avg +0.073%

Together, before fees+0.113%+ Points / potential airdropHyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Hyperliquid is 0.132% dearer against Gate than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MOODENG_USDT	0.04745	0.0100	pay 0.0050% / 4h	2h 29m	$571K	$765K	50x
Short	Hyperliquid MOODENG	0.04755	0.0239	get 0.0030% / 1h	29m 06s	$464K	$416K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Gate. 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 GatebpFee HyperliquidbpOrdersPrice spread, now +0.204%Rate

Funding earned: $29.11
Price spread: +0.204% → +0.073%: $13.15
Slippage, 4 orders: −$87.05
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$68.79
Costs to cover: 1.110%
Break-even: 23.5 days

Slippage from Gate: live order book, 57 min ago; Hyperliquid: live order book, 55 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 Gate live order book, 57 min ago	7.36 bp	40.4 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 55 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	0.04745	−0.002%	$18	—	100x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04743	−0.033%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04753	+0.169%	$2.6M	$11.0M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04754	+0.190%	$1.7M	$4.2M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04748	+0.063%	$2.1M	$4.4M	20x	as long as short
Gate MOODENG_USDTlong	+0.0100%	4h	0.04745	long leg	$571K	$765K	50x
MEXC MOODENG_USDT	+0.0100%	4h	0.04753	+0.169%	$896K	$300K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04749	+0.084%	$1.7M	$2.9M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04753	+0.175%	$7K	$29K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04752	+0.156%	$423K	$2.2M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX MOODENG-USDT	+0.0100%	4h	0.04858	+2.381%	$1K	$1.8M	20x	as long as short
BloFin MOODENG-USDT	+0.0110%	4h	0.04754	+0.190%	$180K	$132K	50x	as long as short
BingX MOODENG-USDT	+0.0144%	4h	0.04750	+0.105%	—	$6.7M	—	as long as short
Bitget MOODENGUSDT	+0.0162%	4h	0.04756	+0.232%	$1.2M	$1.2M	50x	as long as short
Hyperliquid MOODENGshort	+0.0239%	1h	0.04755	+0.204%	$464K	$416K	3x
ApeX Omni MOODENGUSDT	+0.0648%	1h	0.04750	+0.105%	$22K	$641K	25x	as long as short
Kraken Futures PF_MOODENGUSD	+0.9964%	1h	0.04782	+0.785%	$67K	$101K	20x	as long as short