Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0171%/8h= +18.7% APRpaid last 24h +0.029%

Price spread now: Hyperliquid against MEXC+0.121%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$630.626% of the position

Long on MEXC Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.026%+$3 on $10k

Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.121%, 7d avg +0.032%

Together, before fees−0.018%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hyperliquid is 0.089% dearer against MEXC than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC MOODENG_USDT	0.04793	0.0100	pay 0.0050% / 4h	1h 25m	$924K	$309K	50x
Short	Hyperliquid MOODENG	0.04799	0.0271	get 0.0034% / 1h	25m 55s	$465K	$412K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against MEXC. 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 MEXCbpFee HyperliquidbpOrdersPrice spread, now +0.121%Rate

Funding earned: $35.83
Price spread: +0.121% → +0.032%: $8.87
Slippage, 4 orders: −$45.59
Fee MEXC: 4 bp × 2 orders: −$8
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$17.89
Costs to cover: 0.626%
Break-even: 10.5 days

Slippage from MEXC: live order book, 50 min ago; Hyperliquid: live order book, 44 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 MEXC live order book, 50 min ago	2.09 bp	13.4 bp −$13	29.1 bp −$291	98.6 bp −$9,857	148.8 bp −$74.4K
Sell Hyperliquid live order book, 44 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	0.04788	−0.096%	$19	—	100x	as long as short
BloFin MOODENG-USDT	+0.0083%	4h	0.04812	+0.396%	$180K	$139K	50x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04799	+0.119%	$10K	$32K	5x	as long as short
Binance MOODENGUSDT	+0.0100%	4h	0.04794	+0.022%	$2.6M	$11.1M	50x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04794	+0.021%	$1.7M	$4.2M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04793	0.000%	$2.1M	$4.5M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04798	+0.104%	$575K	$774K	50x	as long as short
MEXC MOODENG_USDTlong	+0.0100%	4h	0.04793	long leg	$924K	$309K	50x
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04791	−0.042%	$1.7M	$3.0M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04789	−0.086%	$8K	$30K	—	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	0.04896	+2.149%	$2K	$1.9M	20x	as long as short
GRVT MOODENG_USDT_Perp	+0.0108%	4h	0.04801	+0.177%	$422K	$2.2M	10x	as long as short
Bitget MOODENGUSDT	+0.0208%	4h	0.04794	+0.021%	$1.3M	$1.2M	50x	as long as short
BingX MOODENG-USDT	+0.0218%	4h	0.04793	0.000%	—	$6.7M	—	as long as short
Hyperliquid MOODENGshort	+0.0271%	1h	0.04799	+0.121%	$465K	$412K	3x
ApeX Omni MOODENGUSDT	+0.1254%	1h	0.04799	+0.125%	$22K	$648K	25x	as long as short
Kraken Futures PF_MOODENGUSD	+0.9022%	1h	0.04829	+0.751%	$69K	$101K	20x	as long as short