Funding you earn now, next payment 23:00 UTC+0.0443%/8h= +48.5% APRpaid last 24h +0.108%
Price spread now: Hyperliquid against HTX+0.072%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$280.285% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 3 days (all we have)−0.040%−$4 · spread now +0.072%, 7d avg +0.038%
=Together, before fees+0.042%+ Points / potential airdropHyperliquid: Season 2 · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Hyperliquid is 0.034% dearer against HTX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.038%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.081% in total (about 4.2% 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 | HTX DOGE-USDT | 0.1002 | 0.0100 | pay 0.0100% / 8h | 1h 01m | $6.0M | $50.7M | 75x |
| Short | Hyperliquid DOGE | 0.1003 | 0.0543 | get 0.0068% / 1h | 1m 09s | $114.5M | $85.1M | 10x |
HTX DOGE-USDT
Hyperliquid DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against HTX. 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
- $92.99
- Price spread: +0.072% → +0.038%
- $3.41
- Slippage, 4 orders
- −$7.47
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $67.92
- Costs to cover
- 0.285%
- Break-even
- 1.9 days
Slippage from HTX: 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 HTX live order book, 3 min ago | 0.50 bp | 7.0 bp −$7 | 9.8 bp −$98 | 36.9 bp −$3,685 | doesn't fit |
| Sell Hyperliquid live order book, 13 min ago | 0.50 bp | 5.6 bp −$6 | 9.8 bp −$98 | 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 | −0.0255% | 8h | 0.1003 | +0.072% | $153.1M | $267.0M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1002 | +0.016% | $415K | $4.7M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1001 | −0.075% | $32K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0061% | 1h | 0.1001 | −0.052% | $225K | $44K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0070% | 1h | 0.1001 | −0.038% | $606K | $109K | 25x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.1004 | +0.209% | $66K | $222K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1002 | −0.001% | $789K | $5.4M | 15x | as long as short |
| Gate DOGE_USDT | +0.0096% | 8h | 0.1001 | −0.118% | $240.9M | $125.6M | 75x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.1001 | −0.048% | $836 | $374K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1001 | −0.103% | $570K | $864K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Phoenix DOGE
Lighter DOGE
Gate DOGE_USDT
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 | 0.1001 | −0.051% | $5.0M | $44.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1002 | −0.004% | $334K | $504K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1001 | −0.051% | $318.5M | $1.33B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1003 | +0.152% | $159.4M | $423.3M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1003 | +0.162% | $109.1M | $934.8M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1002 | +0.012% | $28K | $77K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1003 | +0.104% | $384K | $12K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1003 | +0.162% | $116.6M | $220.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1003 | +0.152% | $66.2M | $41.2M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1003 | +0.162% | — | $74.8M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1003 | +0.163% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1003 | +0.090% | $277K | $116.9M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1002 | +0.042% | $638K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1003 | +0.122% | $147K | $246K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1000 | −0.138% | $263K | $546K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1001 | −0.078% | $73K | $432K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1001 | −0.075% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1001 | −0.056% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1001 | −0.048% | $2K | $3.6M | 10x | as long as short |
| HTX DOGE-USDTlong | +0.0100% | 8h | 0.1002 | long leg | $6.0M | $50.7M | 75x | |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1001 | −0.058% | $92.7M | $19.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1002 | −0.024% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1001 | −0.083% | $554K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1001 | −0.078% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0178% | 1h | 0.1001 | −0.112% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.1002 | +0.005% | $529 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.1002 | +0.002% | $2.0M | $23.7M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1001 | −0.058% | $15.3M | $24.9M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0209% | 1h | 0.1001 | −0.073% | $344K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0364% | 1h | 0.1001 | −0.062% | $6.0M | $32.9M | 50x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0410% | 1h | 0.1004 | +0.202% | $536K | $959K | 15x | as long as short |
| Hyperliquid DOGEshort | +0.0543% | 1h | 0.1003 | +0.072% | $114.5M | $85.1M | 10x | |
| RISEx DOGE/USDC | +0.0702% | 1h | 0.1002 | −0.003% | $314K | $476K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0966% | 1h | 0.1006 | +0.421% | $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
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
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
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Backpack DOGE_USDC_PERP
RISEx DOGE/USDC
Injective DOGE/USDC PERP