Funding you earn now, next payment 02:00 UTC+0.0601%/8h= +65.8% APRpaid last 24h +0.131%
Price spread now: Hyperliquid against edgeX+0.020%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$260.264% of the position
Funding, last 7 days+0.105%+$10 on $10k
+Price spread, last 7 days+0.009%+$1 · spread now +0.020%, 7d avg +0.080%
=Together, before fees+0.114%+ Points / potential airdropedgeX: Active · Hyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.060% cheaper against edgeX than usual: you would sell low and buy high (spread +0.020% now, against its 7-day average of +0.080%). If the spread goes back, that is −$6 on $10k: about 8 hours of funding at the current rate (+$18 a day). At the pace of the last 7 days (+0.105% in total) that is about 4.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.105% in total (about 5.5% 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 | edgeX DOGEUSDC | 0.09884 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $271K | $128.3M | 20x |
| Short | Hyperliquid DOGE | 0.09886 | 0.0701 | get 0.0088% / 1h | 32m 50s | $120.3M | $97.3M | 10x |
edgeX DOGEUSDC
Hyperliquid DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against edgeX. 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
- $126.25
- Price spread: +0.020% → +0.080%
- −$6.03
- Slippage, 4 orders
- −$8.37
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $93.85
- Costs to cover
- 0.264%
- Break-even
- 1.8 days
Slippage from edgeX: live order book, 1 min ago; Hyperliquid: live order book, 11 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 edgeX live order book, 1 min ago | 2.02 bp | 6.5 bp −$7 | 6.9 bp −$69 | 13.9 bp −$1,392 | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.90 bp | 5.7 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
DOGE on 43 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0122% | 8h | 0.09890 | +0.064% | $149.9M | $273.5M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09899 | +0.151% | $388K | $5.0M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09881 | −0.028% | $23K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0003% | 1h | 0.09881 | −0.030% | $590K | $118K | 25x | as long as short |
| dYdX DOGE-USD | +0.0022% | 1h | 0.09878 | −0.057% | $222K | $51K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0067% | 1h | 0.09873 | −0.110% | $5.8M | $34.1M | 50x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09880 | −0.041% | $767K | $6.0M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09878 | −0.057% | $825 | $430K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09887 | +0.034% | $482K | $972K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09885 | +0.014% | $4.6M | $48.3M | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
dYdX DOGE-USD
Kraken Futures PF_DOGEUSD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09885 | +0.015% | $326K | $504K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09907 | +0.231% | $313.6M | $1.43B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09907 | +0.236% | $156.9M | $442.7M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09912 | +0.287% | $109.2M | $976.9M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09889 | +0.054% | $127K | $178K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09870 | −0.138% | $378K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09902 | +0.185% | $240.4M | $131.7M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09901 | +0.175% | $108.9M | $229.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09896 | +0.125% | $65.4M | $43.1M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09907 | +0.236% | — | $76.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09880 | −0.037% | $342K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09884 | +0.003% | $973K | $8.2M | — | as long as short |
| edgeX DOGEUSDClong | +0.0100% | 4h | 0.09884 | long leg | $271K | $128.3M | 20x | |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09887 | +0.030% | $622K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09880 | −0.037% | $144K | $276K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09876 | −0.078% | $254K | $642K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09883 | −0.007% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09880 | −0.038% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09886 | +0.025% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09878 | −0.057% | $2K | $3.7M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09875 | −0.092% | $5.9M | $54.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09875 | −0.088% | $91.0M | $17.4M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09896 | +0.124% | $523K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09882 | −0.017% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0113% | 8h | 0.09882 | −0.012% | $18K | $6K | 30x | as long as short |
| Reya DOGERUSDPERP | +0.0184% | 1h | 0.09882 | −0.018% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09884 | +0.003% | $527 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09879 | −0.047% | $2.0M | $24.9M | 50x | as long as short |
| Phoenix DOGE | +0.0241% | 1h | 0.09898 | +0.146% | $64K | $284K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0267% | 1h | 0.09883 | −0.005% | $307K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0563% | 1h | 0.09882 | −0.013% | $318K | $404K | 10x | as long as short |
| Hyperliquid DOGEshort | +0.0701% | 1h | 0.09886 | +0.020% | $120.3M | $97.3M | 10x | |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09920 | +0.368% | $5K | $239K | 12x | as long as short |
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
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
Phemex DOGEUSDT
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-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