Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0116%/8h= +12.7% APRpaid last 24h +0.036%

Price spread now: Hyperliquid against KuCoin+0.234%7-day average +0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$126as in the Funding arb table

Net, price: spread back to 7d avg − costs−$119as in the Price arb table

costs, in and out, $10k−$1351.354% of the position

Long on KuCoin Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.095%+$9 on $10k

Price spread, last 4 days (all we have)−0.134%−$13 · spread now +0.234%, 7d avg +0.070%

Together, before fees−0.039%+ Points / potential airdropHyperliquid: Season 2 · farm board−$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.164% dearer against KuCoin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.070%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin MOODENGUSDTM	0.04795	0.0100	pay 0.0050% / 4h	1h 07m	$1.7M	$3.0M	50x
Short	Hyperliquid MOODENG	0.04806	0.0216	get 0.0027% / 1h	7m 35s	$466K	$412K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against KuCoin. 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 KuCoinbpFee HyperliquidbpOrdersPrice spread, now +0.234%Rate

Funding earned: $24.27
Price spread: +0.234% → +0.070%: $16.35
Slippage, 4 orders: −$114.4
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$94.77
Costs to cover: 1.354%
Break-even: 34.3 days

Slippage from KuCoin: live order book, 5 min ago; Hyperliquid: live order book, 63 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 KuCoin live order book, 5 min ago	1.04 bp	46.7 bp −$47	1654.4 bp −$16.5K	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 63 min ago	4.82 bp	19.6 bp −$20	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	0.04792	−0.056%	$19	—	100x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04802	+0.138%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04808	+0.263%	$2.6M	$11.1M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04806	+0.229%	$1.7M	$4.2M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04805	+0.209%	$2.1M	$4.5M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04798	+0.063%	$575K	$776K	50x	as long as short
MEXC MOODENG_USDT	+0.0100%	4h	0.04803	+0.167%	$957K	$315K	50x	as long as short
KuCoin MOODENGUSDTMlong	+0.0100%	4h	0.04795	long leg	$1.7M	$3.0M	50x
Variational Omni MOODENG	+0.0100%	4h	0.04798	+0.070%	$8K	$30K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04807	+0.258%	$422K	$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	0.04906	+2.315%	$2K	$1.9M	20x	as long as short
BloFin MOODENG-USDT	+0.0102%	4h	0.04797	+0.042%	$180K	$138K	50x	as long as short
BingX MOODENG-USDT	+0.0180%	4h	0.04803	+0.167%	—	$6.7M	—	as long as short
Bitget MOODENGUSDT	+0.0188%	4h	0.04813	+0.375%	$1.3M	$1.2M	50x	as long as short
Hyperliquid MOODENGshort	+0.0216%	1h	0.04806	+0.234%	$466K	$412K	3x
ApeX Omni MOODENGUSDT	+0.0916%	1h	0.04802	+0.146%	$22K	$648K	25x	as long as short
Kraken Futures PF_MOODENGUSD	+0.9022%	1h	0.04829	+0.707%	$69K	$102K	20x	as long as short