Funding you earn now, next payment 01:00 UTC−0.0369%/8h= −40.4% APRpaid last 24h −0.031%
Price spread now: MEXC against Hyperliquid−0.094%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$650.648% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.094%, 7d avg −0.034%
=Together, before fees+0.010%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and MEXC is 0.060% cheaper against Hyperliquid than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.034%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.028% in total (about -1.5% 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 | 0.04800 | 0.0469 | pay 0.0059% / 1h | 55m 09s | $466K | $412K | 3x |
| Short | MEXC MOODENG_USDT | 0.04796 | 0.0100 | get 0.0050% / 4h | 3h 55m | $970K | $318K | 50x |
Hyperliquid MOODENG
MEXC MOODENG_USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$77.44
- Price spread: −0.094% → −0.034%
- −$6.01
- Slippage, 4 orders
- −$47.81
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$148.27
- Costs to cover
- 0.648%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 65 min ago; MEXC: live order book, 11 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 | 2.37 bp | 18.6 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 11 min ago | 2.08 bp | 13.1 bp −$13 | 31.7 bp −$317 | 104.9 bp −$10.5K | 155.1 bp −$77.5K |
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 | 0.04787 | −0.285% | $19 | — | 100x | as long as short |
| BloFin MOODENG-USDT | +0.0087% | 4h | 0.04806 | +0.115% | $179K | $139K | 50x | as long as short |
| Aster MOODENGUSDT | +0.0100% | 4h | 0.04799 | −0.041% | $10K | $32K | 5x | as long as short |
| Binance MOODENGUSDT | +0.0100% | 4h | 0.04797 | −0.083% | $2.6M | $11.3M | 50x | as long as short |
| Bybit MOODENGUSDT | +0.0100% | 4h | 0.04797 | −0.073% | $1.6M | $4.3M | 50x | as long as short |
| OKX MOODENG-USDT-SWAP | +0.0100% | 4h | 0.04797 | −0.073% | $2.1M | $4.6M | 20x | as long as short |
| Gate MOODENG_USDT | +0.0100% | 4h | 0.04801 | +0.010% | $569K | $787K | 50x | as long as short |
| MEXC MOODENG_USDTshort | +0.0100% | 4h | 0.04796 | −0.094% | $970K | $318K | 50x | |
| KuCoin MOODENGUSDTM | +0.0100% | 4h | 0.04798 | −0.052% | $1.8M | $2.9M | 50x | as long as short |
| Variational Omni MOODENG | +0.0100% | 4h | 0.04814 | +0.289% | $8K | $30K | — | as long as short |
GMX MOODENG/USD [WBTC.b-USDC]
BloFin MOODENG-USDT
Aster MOODENGUSDT
Binance MOODENGUSDT
Bybit MOODENGUSDT
OKX MOODENG-USDT-SWAP
Gate MOODENG_USDT
KuCoin MOODENGUSDTM
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 | 0.04814 | +0.283% | $422K | $2.2M | 10x | as long as short |
| ApeX Omni MOODENGUSDT | +0.0100% | 1h | 0.04813 | +0.260% | $23K | $661K | 25x | as long as short |
| SunX MOODENG-USDT | +0.0100% | 4h | 0.04898 | +2.031% | $2K | $1.9M | 20x | as long as short |
| BingX MOODENG-USDT | +0.0276% | 4h | 0.04797 | −0.073% | — | $6.7M | — | as long as short |
| Bitget MOODENGUSDT | +0.0278% | 4h | 0.04803 | +0.052% | $1.3M | $1.2M | 50x | as long as short |
| Hyperliquid MOODENGlong | +0.0469% | 1h | 0.04800 | long leg | $466K | $412K | 3x | |
| Kraken Futures PF_MOODENGUSD | +0.5976% | 1h | 0.04815 | +0.295% | $65K | $113K | 20x | as long as short |
GRVT MOODENG_USDT_Perp
ApeX Omni MOODENGUSDT
SunX MOODENG-USDT
BingX MOODENG-USDT
Bitget MOODENGUSDT
Kraken Futures PF_MOODENGUSD