Funding you earn now, next payment 09:00 UTC−0.1423%/8h= −155.8% APRnext payment −$1.78 per $10,000 · paid last 24h +1.042%
Price spread now: Kraken Futures against Hyperliquid−0.097%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs+$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1421.421% of the position
Funding, last 7 days+1.784%+$178 on $10k
+Price spread, last 4 days (all we have)−0.015%−$1 · spread now −0.097%, 7d avg +0.028%
=Together, before fees+1.770%+ Points / potential airdropHyperliquid: Season 2 · farm board+$177 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$43 a day on $10k at the current rate, and Kraken Futures is 0.124% cheaper against Hyperliquid than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.028%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.784%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MOODENG | 0.04718 | 0.0100 | pay 0.0013% / 1h | 26m 02s | $449K | $484K | 3x |
| Short | Kraken Futures PF_MOODENGUSD | 0.04713 | −0.1323 | pay 0.0165% / 1h | 26m 02s | $65K | $153K | 20x |
Hyperliquid MOODENG
Kraken Futures PF_MOODENGUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$298.79
- Price spread: −0.097% → +0.028%
- −$12.44
- Slippage, 4 orders
- −$123.12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$453.35
- Costs to cover
- 1.421%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 14 min ago; Kraken Futures: live order book, 6 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, 14 min ago | 1.78 bp | 11.9 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 6 min ago | 12.70 bp | 59.4 bp −$59 | 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 | 0.04707 | −0.220% | $18 | — | 100x | as long as short |
| Kraken Futures PF_MOODENGUSDshort | −0.1323% | 1h | 0.04713 | −0.097% | $65K | $153K | 20x | |
| Hyperliquid MOODENGlong | +0.0100% | 1h | 0.04718 | long leg | $449K | $484K | 3x | |
| Aster MOODENGUSDT | +0.0100% | 4h | 0.04717 | −0.021% | $10K | $35K | 5x | as long as short |
| Bybit MOODENGUSDT | +0.0100% | 4h | 0.04724 | +0.134% | $1.5M | $4.9M | 50x | as long as short |
| OKX MOODENG-USDT-SWAP | +0.0100% | 4h | 0.04724 | +0.134% | $2.0M | $5.5M | 20x | as long as short |
| Gate MOODENG_USDT | +0.0100% | 4h | 0.04712 | −0.121% | $570K | $892K | 50x | as long as short |
| KuCoin MOODENGUSDTM | +0.0100% | 4h | 0.04714 | −0.078% | $1.8M | $3.0M | 50x | as long as short |
| Bitget MOODENGUSDT | +0.0100% | 4h | 0.04714 | −0.078% | $1.3M | $1.3M | 50x | as long as short |
| Variational Omni MOODENG | +0.0100% | 4h | 0.04724 | +0.138% | $9K | $33K | — | as long as short |
GMX MOODENG/USD [WBTC.b-USDC]
Aster MOODENGUSDT
Bybit MOODENGUSDT
OKX MOODENG-USDT-SWAP
Gate MOODENG_USDT
KuCoin MOODENGUSDTM
Bitget MOODENGUSDT
Variational Omni MOODENGShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MOODENG_USDT_Perp | +0.0100% | 4h | 0.04721 | +0.064% | $411K | $3.5M | 10x | as long as short |
| ApeX Omni MOODENGUSDT | +0.0100% | 1h | 0.04727 | +0.197% | $30K | $693K | 25x | as long as short |
| SunX MOODENG-USDT | +0.0100% | 4h | 0.04830 | +2.380% | $1K | $2.0M | 20x | as long as short |
| MEXC MOODENG_USDT | +0.0122% | 4h | 0.04716 | −0.036% | $936K | $348K | 50x | as long as short |
| Binance MOODENGUSDT | +0.0122% | 4h | 0.04718 | +0.007% | $2.7M | $13.8M | 50x | as long as short |
| BingX MOODENG-USDT | +0.0140% | 4h | 0.04717 | −0.015% | — | $6.8M | — | as long as short |
| BloFin MOODENG-USDT | +0.0170% | 4h | 0.04724 | +0.134% | $181K | $128K | 50x | as long as short |
GRVT MOODENG_USDT_Perp
ApeX Omni MOODENGUSDT
SunX MOODENG-USDT
MEXC MOODENG_USDT
Binance MOODENGUSDT
BingX MOODENG-USDT
BloFin MOODENG-USDT