Funding you earn now, next payment 23:00 UTC−0.0125%/8h= −13.7% APRpaid last 24h −0.036%
Price spread now: KuCoin against Hyperliquid−0.125%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1401.397% of the position
Funding, last 7 days−0.095%−$9 on $10k
+Price spread, last 4 days (all we have)+0.025%+$2 · spread now −0.125%, 7d avg −0.070%
=Together, before fees−0.070%+ Points / potential airdropHyperliquid: Season 2 · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.055% cheaper against Hyperliquid than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.070%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MOODENG | 0.04809 | 0.0225 | pay 0.0028% / 1h | 13m 59s | $467K | $412K | 3x |
| Short | KuCoin MOODENGUSDTM | 0.04803 | 0.0100 | get 0.0050% / 4h | 1h 13m | $1.7M | $3.0M | 50x |
Hyperliquid MOODENG
KuCoin MOODENGUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$26.28
- Price spread: −0.125% → −0.070%
- −$5.47
- Slippage, 4 orders
- −$118.75
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$171.5
- Costs to cover
- 1.397%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 56 min ago; KuCoin: live order book, 3 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, 56 min ago | 4.82 bp | 17.5 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 2.09 bp | 46.5 bp −$46 | 526.0 bp −$5,260 | 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 | 0.04802 | −0.156% | $19 | — | 100x | as long as short |
| BloFin MOODENG-USDT | +0.0077% | 4h | 0.04799 | −0.208% | $180K | $138K | 50x | as long as short |
| Aster MOODENGUSDT | +0.0100% | 4h | 0.04801 | −0.164% | $10K | $32K | 5x | as long as short |
| Binance MOODENGUSDT | +0.0100% | 4h | 0.04805 | −0.083% | $2.6M | $11.1M | 50x | as long as short |
| Bybit MOODENGUSDT | +0.0100% | 4h | 0.04804 | −0.104% | $1.7M | $4.2M | 50x | as long as short |
| OKX MOODENG-USDT-SWAP | +0.0100% | 4h | 0.04802 | −0.146% | $2.1M | $4.5M | 20x | as long as short |
| Gate MOODENG_USDT | +0.0100% | 4h | 0.04800 | −0.187% | $575K | $774K | 50x | as long as short |
| MEXC MOODENG_USDT | +0.0100% | 4h | 0.04807 | −0.042% | $954K | $314K | 50x | as long as short |
| KuCoin MOODENGUSDTMshort | +0.0100% | 4h | 0.04803 | −0.125% | $1.7M | $3.0M | 50x | |
| Variational Omni MOODENG | +0.0100% | 4h | 0.04796 | −0.272% | $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
MEXC MOODENG_USDT
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 | 0.04798 | −0.229% | $422K | $2.2M | 10x | as long as short |
| SunX MOODENG-USDT | +0.0100% | 4h | 0.04914 | +2.183% | $1K | $1.9M | 20x | as long as short |
| Bitget MOODENGUSDT | +0.0192% | 4h | 0.04810 | +0.021% | $1.3M | $1.2M | 50x | as long as short |
| BingX MOODENG-USDT | +0.0192% | 4h | 0.04800 | −0.187% | — | $6.7M | — | as long as short |
| Hyperliquid MOODENGlong | +0.0225% | 1h | 0.04809 | long leg | $467K | $412K | 3x | |
| ApeX Omni MOODENGUSDT | +0.1013% | 1h | 0.04796 | −0.270% | $22K | $648K | 25x | as long as short |
| Kraken Futures PF_MOODENGUSD | +0.8997% | 1h | 0.04842 | +0.690% | $70K | $102K | 20x | as long as short |
GRVT MOODENG_USDT_Perp
SunX MOODENG-USDT
Bitget MOODENGUSDT
BingX MOODENG-USDT
ApeX Omni MOODENGUSDT
Kraken Futures PF_MOODENGUSD