Funding you earn now, next payment 04:00 UTC−0.1180%/8h= −129.2% APRpaid last 24h −0.073%
Price spread now: OKX against Hyperliquid−0.159%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$710.707% of the position
Funding, last 7 days−0.104%−$10 on $10k
+Price spread, last 4 days (all we have)+0.216%+$22 · spread now −0.159%, 7d avg −0.051%
=Together, before fees+0.113%+ Points / potential airdropHyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$35 a day on $10k at the current rate, and OKX is 0.108% cheaper against Hyperliquid than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.051%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.104% in total (about -5.4% 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 | 0.04718 | 0.1280 | pay 0.0160% / 1h | 41m 48s | $470K | $419K | 3x |
| Short | OKX MOODENG-USDT-SWAP | 0.04710 | 0.0100 | get 0.0050% / 4h | 41m 48s | $2.1M | $4.7M | 20x |
Hyperliquid MOODENG
OKX MOODENG-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$247.76
- Price spread: −0.159% → −0.051%
- −$10.77
- Slippage, 4 orders
- −$51.67
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$329.19
- Costs to cover
- 0.707%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 48 min ago; OKX: live order book, 1 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, 48 min ago | 2.20 bp | 20.2 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 3.19 bp | 15.9 bp −$16 | 123.9 bp −$1,239 | 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 | 0.04700 | −0.375% | $18 | — | 100x | as long as short |
| Aster MOODENGUSDT | +0.0100% | 4h | 0.04711 | −0.143% | $10K | $32K | 5x | as long as short |
| Bybit MOODENGUSDT | +0.0100% | 4h | 0.04708 | −0.201% | $1.6M | $4.4M | 50x | as long as short |
| OKX MOODENG-USDT-SWAPshort | +0.0100% | 4h | 0.04710 | −0.159% | $2.1M | $4.7M | 20x | |
| Gate MOODENG_USDT | +0.0100% | 4h | 0.04704 | −0.286% | $560K | $838K | 50x | as long as short |
| KuCoin MOODENGUSDTM | +0.0100% | 4h | 0.04705 | −0.265% | $1.7M | $2.9M | 50x | as long as short |
| Variational Omni MOODENG | +0.0100% | 4h | 0.04719 | +0.034% | $9K | $32K | — | as long as short |
| GRVT MOODENG_USDT_Perp | +0.0100% | 4h | 0.04714 | −0.085% | $415K | $2.5M | 10x | as long as short |
| ApeX Omni MOODENGUSDT | +0.0100% | 1h | 0.04714 | −0.074% | $22K | $661K | 25x | as long as short |
| SunX MOODENG-USDT | +0.0100% | 4h | 0.04818 | +2.130% | $2K | $1.9M | 20x | as long as short |
GMX MOODENG/USD [WBTC.b-USDC]
Aster MOODENGUSDT
Bybit MOODENGUSDT
Gate MOODENG_USDT
KuCoin MOODENGUSDTM
Variational Omni MOODENG
GRVT MOODENG_USDT_Perp
ApeX Omni MOODENGUSDT
SunX MOODENG-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MOODENGUSDT | +0.0108% | 4h | 0.04713 | −0.091% | $2.6M | $11.8M | 50x | as long as short |
| MEXC MOODENG_USDT | +0.0114% | 4h | 0.04713 | −0.095% | $905K | $322K | 50x | as long as short |
| BloFin MOODENG-USDT | +0.0116% | 4h | 0.04722 | +0.095% | $148K | $119K | 50x | as long as short |
| BingX MOODENG-USDT | +0.0698% | 4h | 0.04716 | −0.032% | — | $6.7M | — | as long as short |
| Bitget MOODENGUSDT | +0.0722% | 4h | 0.04710 | −0.159% | $1.3M | $1.2M | 50x | as long as short |
| Kraken Futures PF_MOODENGUSD | +0.1254% | 1h | 0.04705 | −0.268% | $62K | $128K | 20x | as long as short |
| Hyperliquid MOODENGlong | +0.1280% | 1h | 0.04718 | long leg | $470K | $419K | 3x |
Binance MOODENGUSDT
MEXC MOODENG_USDT
BloFin MOODENG-USDT
BingX MOODENG-USDT
Bitget MOODENGUSDT
Kraken Futures PF_MOODENGUSD