Funding you earn now, next payment 01:00 UTC+0.0626%/8h= +68.6% APRpaid last 24h +0.087%
Price spread now: Hyperliquid against BloFin+0.368%47s7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$300.296% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 3 days (all we have)−0.313%−$31 · spread now +0.368%, 7d avg +0.053%
=Together, before fees−0.389%+ Points / potential airdropHyperliquid: Season 2 · farm board−$39 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Hyperliquid is 0.315% dearer against BloFin than usual: you sell high and buy low: +$31 more if the spread goes back to its 7-day average of +0.053%. Mind the row above: over the last 7 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.076% in total (about -4.0% 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 | BloFin DOGE-USDT | 0.1006 | 0.0220 | pay 0.0220% / 8h | 7h 42m | $15.4M | $25.6M | 75x |
| Short | Hyperliquid DOGE | 0.1010 | 0.0846 | get 0.0106% / 1h | 42m 21s | $120.7M | $92.3M | 10x |
BloFin DOGE-USDT
Hyperliquid DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BloFin. 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
- $131.51
- Price spread: +0.368% → +0.053%
- $31.48
- Slippage, 4 orders
- −$8.65
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $133.34
- Costs to cover
- 0.296%
- Break-even
- from the start
Slippage from BloFin: live order book, 7 min ago; Hyperliquid: live order book, 12 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 BloFin live order book, 7 min ago | 1.50 bp | 8.0 bp −$8 | 9.4 bp −$94 | 15.0 bp −$1,500 | 27.5 bp −$13.7K |
| Sell Hyperliquid live order book, 12 min ago | 0.50 bp | 6.2 bp −$6 | 8.1 bp −$81 | doesn't fit | doesn't fit |
DOGE on 44 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex DOGEUSDT | −0.0482% | 8h | 0.1006 | +0.040% | $92.9M | $18.4M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0193% | 8h | 0.1007 | +0.089% | $153.4M | $270.8M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0077% | 1h | 0.1008 | +0.167% | $6.1M | $33.9M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1002 | −0.383% | $399K | $4.8M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1008 | +0.179% | $606K | $120K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1008 | +0.175% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0010% | 1h | 0.1008 | +0.210% | $226K | $44K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1009 | +0.272% | $862K | $5.7M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1009 | +0.278% | $852 | $403K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1009 | +0.303% | $518K | $973K | 10x | as long as short |
Phemex DOGEUSDT
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.1009 | +0.307% | $5.0M | $46.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1009 | +0.282% | $336K | $517K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1008 | +0.208% | $319.3M | $1.40B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1008 | +0.189% | $159.6M | $438.3M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1008 | +0.189% | $110.8M | $971.0M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1009 | +0.338% | $28K | $82K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.10000 | −0.589% | $383K | $12K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1008 | +0.169% | $244.4M | $128.1M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1008 | +0.189% | $114.0M | $223.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1008 | +0.179% | $66.0M | $42.7M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1008 | +0.189% | — | $76.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1008 | +0.179% | $373K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1000 | −0.577% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09999 | −0.594% | $263K | $122.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09999 | −0.593% | $636K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1000 | −0.587% | $147K | $260K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1008 | +0.239% | $265K | $556K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1008 | +0.179% | $73K | $434K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1008 | +0.183% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1008 | +0.196% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1008 | +0.169% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1006 | +0.026% | $6.0M | $52.4M | 75x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1009 | +0.284% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1007 | +0.148% | $623K | $3.8M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1008 | +0.175% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0181% | 1h | 0.1008 | +0.168% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0200% | 1h | 0.1010 | +0.380% | $533 | $4K | 10x | as long as short |
| BloFin DOGE-USDTlong | +0.0220% | 8h | 0.1006 | long leg | $15.4M | $25.6M | 75x | |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1008 | +0.229% | $2.0M | $24.9M | 50x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1002 | −0.367% | $67K | $283K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0244% / S −0.0263% | 1h | 0.1008 | +0.166% | $311K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0701% | 1h | 0.1009 | +0.358% | $320K | $478K | 10x | as long as short |
| Hyperliquid DOGEshort | +0.0846% | 1h | 0.1010 | +0.368% | $120.7M | $92.3M | 10x | |
| Injective DOGE/USDC PERP | +0.0973% | 1h | 0.1002 | −0.388% | $5K | $239K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Injective DOGE/USDC PERP