MOODENG arbitrage between HyperLiquid and Coinbase: we compare the price of MOODENG on HyperLiquid (futures) and Coinbase (spot) in real time — the executable spread (buy at the ask, sell at the bid), basis, volume and deposit/withdrawal status. You can see whether the gap holds or is a one-second blip you would never get into.

MOODENG: Coinbase — deposit open, withdrawal open.

Open interest in MOODENG right now — $9.0M: KuCoin $3.0M, Binance $1.5M, BingX $1.5M, OKX $1.2M, Bybit $995.3K. See OI MOODENG.

About MOODENG arbitrage

How do I read the MOODENG spread?

The spread is how many percent higher MOODENG trades on one exchange than on the other. We measure it at tradeable prices (ask/bid) net of fees; “net” is closer to what you actually keep.

Is this arbitrage worth taking?

Look past the spread: check volume, order-book depth and the deposit/withdrawal status on HyperLiquid and Coinbase. If deposits or withdrawals are shut, or the book is thin, the spread exists on paper but you cannot trade into it.

How do I get MOODENG alerts?

Build a rule in the the builder with the spread threshold you want — the notification arrives as a Telegram direct message within seconds.