Funding you earn now, next payment 03:00 UTC−0.0888%/8h= −97.2% APRpaid last 24h −0.046%
Price spread now: Binance against Hyperliquid+0.069%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$750.752% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now +0.069%, 7d avg −0.018%
=Together, before fees−0.072%+ Points / potential airdropHyperliquid: Season 2 · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.088% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of −0.018%): +$9 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.043% in total) that is about 14 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.043% in total (about -2.2% 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 | Hyperliquid MOODENG | 0.04758 | 0.1015 | pay 0.0127% / 1h | 35m 29s | $472K | $416K | 3x |
| Short | Binance MOODENGUSDT | 0.04762 | 0.0127 | get 0.0063% / 4h | 1h 35m | $2.6M | $11.7M | 50x |
Hyperliquid MOODENG
Binance MOODENGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$186.45
- Price spread: +0.069% → −0.018%
- $8.78
- Slippage, 4 orders
- −$56.22
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$252.88
- Costs to cover
- 0.752%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 65 min ago; Binance: live order book, 5 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 Hyperliquid live order book, 65 min ago | 1.48 bp | 14.6 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.05 bp | 20.3 bp −$20 | 58.6 bp −$586 | 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 | 0.04746 | −0.261% | $18 | — | 100x | as long as short |
| Aster MOODENGUSDT | +0.0100% | 4h | 0.04747 | −0.237% | $10K | $32K | 5x | as long as short |
| Bybit MOODENGUSDT | +0.0100% | 4h | 0.04760 | +0.038% | $1.6M | $4.4M | 50x | as long as short |
| OKX MOODENG-USDT-SWAP | +0.0100% | 4h | 0.04764 | +0.122% | $2.1M | $4.8M | 20x | as long as short |
| Gate MOODENG_USDT | +0.0100% | 4h | 0.04745 | −0.277% | $570K | $832K | 50x | as long as short |
| KuCoin MOODENGUSDTM | +0.0100% | 4h | 0.04752 | −0.130% | $1.7M | $2.9M | 50x | as long as short |
| Variational Omni MOODENG | +0.0100% | 4h | 0.04757 | −0.024% | $9K | $32K | — | as long as short |
| GRVT MOODENG_USDT_Perp | +0.0100% | 4h | 0.04744 | −0.296% | $414K | $2.4M | 10x | as long as short |
| SunX MOODENG-USDT | +0.0100% | 4h | 0.04857 | +2.076% | $2K | $1.9M | 20x | as long as short |
| MEXC MOODENG_USDT | +0.0114% | 4h | 0.04759 | +0.017% | $917K | $328K | 50x | as long as short |
GMX MOODENG/USD [WBTC.b-USDC]
Aster MOODENGUSDT
Bybit MOODENGUSDT
OKX MOODENG-USDT-SWAP
Gate MOODENG_USDT
KuCoin MOODENGUSDTM
Variational Omni MOODENG
GRVT MOODENG_USDT_Perp
SunX MOODENG-USDT
MEXC MOODENG_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MOODENGUSDTshort | +0.0127% | 4h | 0.04762 | +0.069% | $2.6M | $11.7M | 50x | |
| BloFin MOODENG-USDT | +0.0134% | 4h | 0.04738 | −0.425% | $180K | $119K | 50x | as long as short |
| ApeX Omni MOODENGUSDT | +0.0587% | 1h | 0.04736 | −0.467% | $22K | $663K | 25x | as long as short |
| BingX MOODENG-USDT | +0.0742% | 4h | 0.04754 | −0.088% | — | $6.7M | — | as long as short |
| Bitget MOODENGUSDT | +0.0788% | 4h | 0.04766 | +0.164% | $1.3M | $1.2M | 50x | as long as short |
| Hyperliquid MOODENGlong | +0.1015% | 1h | 0.04758 | long leg | $472K | $416K | 3x | |
| Kraken Futures PF_MOODENGUSD | +0.2840% | 1h | 0.04763 | +0.092% | $63K | $117K | 20x | as long as short |
BloFin MOODENG-USDT
ApeX Omni MOODENGUSDT
BingX MOODENG-USDT
Bitget MOODENGUSDT
Kraken Futures PF_MOODENGUSD