Funding you earn now, next payment 01:00 UTC+0.0707%/8h= +77.4% APRnext payment +$0.88 per $10,000 · paid last 24h +0.119%
Price spread now: Hyperliquid against Extended+0.043%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$230.228% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 4 days (all we have)+0.108%+$11 · spread now +0.043%, 7d avg +0.118%
=Together, before fees+0.201%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.075% cheaper against Extended than usual: you would sell low and buy high (spread +0.043% now, against its 7-day average of +0.118%). If the spread goes back, that is −$7 on $10k: about 8 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.094% in total) that is about 5.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.094% in total (about 4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.88 per $10,000. 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 | Extended DOGE-USD | 0.1005 | 0.0104 | pay 0.0013% / 1h | 21m 04s | $532K | $3.9M | 50x |
| Short | Hyperliquid DOGE | 0.1005 | 0.0811 | get 0.0101% / 1h | 21m 04s | $122.5M | $95.1M | 10x |
Extended DOGE-USD
Hyperliquid DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Extended. 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
- $148.45
- Price spread: +0.043% → +0.118%
- −$7.5
- Slippage, 4 orders
- −$8.84
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $118.11
- Costs to cover
- 0.228%
- Break-even
- 1.4 days
Slippage from Extended: live order book, 3 min ago; Hyperliquid: live order book, 13 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 Extended live order book, 3 min ago | 0.50 bp | 4.8 bp −$5 | 5.0 bp −$50 | 12.7 bp −$1,268 | doesn't fit |
| Sell Hyperliquid live order book, 13 min ago | 0.50 bp | 5.7 bp −$6 | 8.0 bp −$80 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0176% | 8h | 0.1005 | −0.027% | $152.7M | $271.2M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0077% | 1h | 0.1005 | −0.027% | $6.1M | $33.9M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1005 | +0.009% | $417K | $4.8M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1005 | −0.013% | $604K | $121K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1005 | −0.034% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0015% | 1h | 0.1005 | +0.023% | $226K | $44K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1006 | +0.057% | $790K | $5.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1005 | −0.007% | $839 | $412K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1004 | −0.106% | $515K | $971K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1004 | −0.075% | $4.9M | $46.5M | 75x | as long as short |
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-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.1005 | +0.047% | $335K | $516K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1004 | −0.051% | $319.1M | $1.40B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1005 | +0.023% | $159.8M | $438.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1006 | +0.063% | $111.0M | $970.3M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1006 | +0.073% | $28K | $82K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1007 | +0.205% | $386K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1004 | −0.106% | $244.7M | $129.9M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1004 | −0.077% | $113.0M | $225.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1004 | −0.057% | $65.9M | $42.4M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1004 | −0.086% | — | $76.1M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1004 | −0.077% | $363K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1004 | −0.048% | $989K | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1010 | +0.501% | $265K | $124.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1010 | +0.481% | $633K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1010 | +0.501% | $148K | $268K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1004 | −0.116% | $267K | $636K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1005 | −0.037% | $73K | $424K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1004 | −0.054% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1005 | −0.021% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1005 | −0.037% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1005 | 0.000% | $6.0M | $52.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1004 | −0.067% | $92.7M | $17.8M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1005 | +0.001% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USDlong | +0.0104% | 1h | 0.1005 | long leg | $532K | $3.9M | 50x | |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1006 | +0.084% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0182% | 1h | 0.1004 | −0.078% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.1005 | −0.031% | $530 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1005 | −0.007% | $15.4M | $25.6M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1005 | +0.013% | $2.0M | $25.0M | 50x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1008 | +0.344% | $65K | $283K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0247% / S −0.0272% | 1h | 0.1005 | −0.032% | $315K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0701% | 1h | 0.1006 | +0.063% | $325K | $404K | 10x | as long as short |
| Hyperliquid DOGEshort | +0.0811% | 1h | 0.1005 | +0.043% | $122.5M | $95.1M | 10x | |
| Injective DOGE/USDC PERP | +0.0973% | 1h | 0.1012 | +0.700% | $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
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
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Injective DOGE/USDC PERP