Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h −0.062%

Price spread now: MEXC against Hyperliquid−0.031%7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$680.681% of the position

Long on Hyperliquid Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 4 days (all we have)−0.024%−$2 · spread now −0.031%, 7d avg −0.037%

Together, before fees−0.084%+ Points / potential airdropHyperliquid: Season 2 · farm board−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.060%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid MOODENG	0.04775	0.0100	pay 0.0013% / 1h	55m 28s	$452K	$474K	3x
Short	MEXC MOODENG_USDT	0.04774	0.0198	get 0.0099% / 4h	1h 55m	$906K	$336K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Hyperliquid. 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 HyperliquidbpFee MEXCbpOrdersPrice spread, now −0.031%Rate

Funding earned: $20.58
Price spread: −0.031% → −0.037%: $0.58
Slippage, 4 orders: −$51.1
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$46.93
Costs to cover: 0.681%
Break-even: 23.0 days

Slippage from Hyperliquid: live order book, 5 min ago; MEXC: live order book, 35 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, 5 min ago	0.52 bp	20.3 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 35 min ago	3.19 bp	16.9 bp −$17	44.9 bp −$449	102.6 bp −$10.3K	145.0 bp −$72.5K

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	0.04766	−0.199%	$18	—	100x	as long as short
Hyperliquid MOODENGlong	+0.0100%	1h	0.04775	long leg	$452K	$474K	3x
Aster MOODENGUSDT	+0.0100%	4h	0.04774	−0.041%	$10K	$34K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04773	−0.052%	$1.6M	$4.8M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04769	−0.136%	$2.1M	$5.3M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04778	+0.052%	$582K	$886K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04772	−0.073%	$1.8M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04779	+0.066%	$9K	$32K	—	as long as short
SunX MOODENG-USDT	+0.0100%	4h	0.04876	+2.104%	$1K	$2.0M	20x	as long as short
GRVT MOODENG_USDT_Perp	+0.0170%	4h	0.04796	+0.435%	$419K	$3.1M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_MOODENGUSD	+0.0176%	1h	0.04761	−0.313%	$65K	$147K	20x	as long as short
Binance MOODENGUSDT	+0.0186%	4h	0.04775	−0.014%	$2.7M	$13.3M	50x	as long as short
MEXC MOODENG_USDTshort	+0.0198%	4h	0.04774	−0.031%	$906K	$336K	50x
Bitget MOODENGUSDT	+0.0234%	4h	0.04778	+0.052%	$1.3M	$1.3M	50x	as long as short
BloFin MOODENG-USDT	+0.0259%	4h	0.04810	+0.722%	$182K	$112K	50x	as long as short
BingX MOODENG-USDT	+0.0260%	4h	0.04771	−0.094%	—	$6.8M	—	as long as short
ApeX Omni MOODENGUSDT	+0.2000%	1h	0.04803	+0.576%	$31K	$679K	25x	as long as short