Funding you earn now, next payment 05:00 UTC−0.0568%/8h= −62.2% APRpaid last 24h +0.040%
Price spread now: Hyperliquid against Bitget−0.169%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$830.831% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)+0.262%+$26 · spread now −0.169%, 7d avg −0.026%
=Together, before fees+0.299%+ Points / potential airdropHyperliquid: Season 2 · farm board+$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Hyperliquid is 0.143% cheaper against Bitget than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.026%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.037% in total (about 1.9% 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 | Bitget MOODENGUSDT | 0.04839 | 0.0668 | pay 0.0334% / 4h | 3h 59m | $1.3M | $1.2M | 50x |
| Short | Hyperliquid MOODENG | 0.04831 | 0.0100 | get 0.0013% / 1h | 59m 43s | $481K | $422K | 3x |
Bitget MOODENGUSDT
Hyperliquid MOODENGFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bitget. 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
- −$119.28
- Price spread: −0.169% → −0.026%
- −$14.34
- Slippage, 4 orders
- −$62.11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$216.73
- Costs to cover
- 0.831%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Hyperliquid: live order book, 20 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 Bitget live order book, 2 min ago | 3.10 bp | 28.0 bp −$28 | 210.1 bp −$2,101 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 20 min ago | 1.88 bp | 14.8 bp −$15 | 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 | 0.04825 | −0.279% | $19 | — | 100x | as long as short |
| Hyperliquid MOODENGshort | +0.0100% | 1h | 0.04831 | −0.169% | $481K | $422K | 3x | |
| Bybit MOODENGUSDT | +0.0100% | 4h | 0.04838 | −0.021% | $1.6M | $4.4M | 50x | as long as short |
| OKX MOODENG-USDT-SWAP | +0.0100% | 4h | 0.04831 | −0.165% | $2.1M | $4.9M | 20x | as long as short |
| Gate MOODENG_USDT | +0.0100% | 4h | 0.04830 | −0.186% | $584K | $837K | 50x | as long as short |
| KuCoin MOODENGUSDTM | +0.0100% | 4h | 0.04827 | −0.248% | $1.8M | $2.9M | 50x | as long as short |
| GRVT MOODENG_USDT_Perp | +0.0100% | 4h | 0.04798 | −0.848% | $419K | $2.7M | 10x | as long as short |
| SunX MOODENG-USDT | +0.0100% | 4h | 0.04942 | +2.129% | $1K | $1.9M | 20x | as long as short |
| Aster MOODENGUSDT | +0.0107% | 4h | 0.04820 | −0.394% | $10K | $30K | 5x | as long as short |
| BloFin MOODENG-USDT | +0.0210% | 4h | 0.04827 | −0.248% | $183K | $123K | 50x | as long as short |
GMX MOODENG/USD [WBTC.b-USDC]
Bybit MOODENGUSDT
OKX MOODENG-USDT-SWAP
Gate MOODENG_USDT
KuCoin MOODENGUSDTM
GRVT MOODENG_USDT_Perp
SunX MOODENG-USDT
Aster MOODENGUSDT
BloFin MOODENG-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC MOODENG_USDT | +0.0240% | 4h | 0.04830 | −0.186% | $913K | $322K | 50x | as long as short |
| Binance MOODENGUSDT | +0.0242% | 4h | 0.04829 | −0.208% | $2.7M | $11.9M | 50x | as long as short |
| Variational Omni MOODENG | +0.0258% | 4h | 0.04836 | −0.069% | $9K | $32K | — | as long as short |
| ApeX Omni MOODENGUSDT | +0.0436% | 1h | 0.04796 | −0.889% | $22K | $668K | 25x | as long as short |
| BingX MOODENG-USDT | +0.0596% | 4h | 0.04840 | +0.021% | — | $6.7M | — | as long as short |
| Bitget MOODENGUSDTlong | +0.0668% | 4h | 0.04839 | long leg | $1.3M | $1.2M | 50x | |
| Kraken Futures PF_MOODENGUSD | +0.1222% | 1h | 0.04827 | −0.256% | $64K | $133K | 20x | as long as short |
MEXC MOODENG_USDT
Binance MOODENGUSDT
Variational Omni MOODENG
ApeX Omni MOODENGUSDT
BingX MOODENG-USDT
Kraken Futures PF_MOODENGUSD