Funding you earn now, next payment 22:00 UTC−0.0636%/8h= −69.6% APRnext payment −$0.79 per $10,000 · paid last 24h −0.092%
Price spread now: ApeX Omni against Hyperliquid−0.220%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$500.499% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 3 days (all we have)+0.393%+$39 · spread now −0.220%, 7d avg −0.031%
=Together, before fees+0.325%+ Points / potential airdropHyperliquid: Season 2 · farm board+$32 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and ApeX Omni is 0.189% cheaper against Hyperliquid than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.069% in total (about -3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.79 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 | Hyperliquid DOGE | 0.1000 | 0.0736 | pay 0.0092% / 1h | 55m 36s | $115.8M | $74.2M | 10x |
| Short | ApeX Omni DOGEUSDT | 0.09980 | 0.0100 | get 0.0013% / 1h | 55m 36s | $142K | $221K | 25x |
Hyperliquid DOGE
ApeX Omni DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Hyperliquid. 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
- −$133.52
- Price spread: −0.220% → −0.031%
- −$18.92
- Slippage, 4 orders
- −$30.93
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$202.37
- Costs to cover
- 0.499%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; ApeX Omni: live order book, 30 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 Hyperliquid live order book, 8 min ago | 0.50 bp | 6.0 bp −$6 | 7.1 bp −$71 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 30 min ago | 5.02 bp | 15.6 bp −$16 | 55.6 bp −$556 | 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 | −0.0275% | 8h | 0.09974 | −0.280% | $153.2M | $259.1M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09987 | −0.148% | $339K | $4.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09979 | −0.226% | $33K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0010% | 1h | 0.09988 | −0.137% | $624K | $89K | 25x | as long as short |
| Gate DOGE_USDT | +0.0068% | 8h | 0.09979 | −0.230% | $237.3M | $117.6M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0072% | 1h | 0.09990 | −0.115% | $527 | $4K | 10x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09994 | −0.077% | $17K | $225K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0094% | 8h | 0.09981 | −0.210% | $2K | $328K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09991 | −0.111% | $806K | $5.0M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09987 | −0.150% | $713K | $651K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
Gate DOGE_USDT
01 Exchange DOGEUSD
Phoenix DOGE
Katana Perps DOGE-USD
Lighter DOGE
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 | 0.09987 | −0.152% | $4.9M | $40.0M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09988 | −0.136% | $343K | $524K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09986 | −0.164% | $320.4M | $1.24B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09987 | −0.150% | $156.6M | $391.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09990 | −0.120% | $108.5M | $889.2M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09991 | −0.110% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1002 | +0.180% | $384K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09986 | −0.160% | $113.5M | $201.0M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09985 | −0.170% | $65.7M | $38.8M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09988 | −0.140% | — | $3.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09998 | −0.040% | $527K | $800K | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1000 | −0.015% | $1.1M | $7.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09982 | −0.198% | $265K | $109.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09981 | −0.210% | $628K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDTshort | +0.0100% | 1h | 0.09980 | −0.220% | $142K | $221K | 25x | |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09977 | −0.246% | $278K | $550K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09981 | −0.210% | $73K | $359K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09981 | −0.209% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09985 | −0.169% | $35K | $2.1M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09989 | −0.130% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09994 | −0.076% | $6.0M | $45.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09991 | −0.110% | $92.7M | $18.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09985 | −0.165% | $19K | $3K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09982 | −0.197% | $543K | $3.5M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09989 | −0.130% | $19K | — | 3x | as long as short |
| dYdX DOGE-USD | +0.0124% | 1h | 0.09988 | −0.135% | $224K | $44K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0173% | 1h | 0.09981 | −0.214% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09983 | −0.190% | $15.4M | $23.9M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09996 | −0.060% | $2.0M | $22.1M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0243% / S −0.0212% | 1h | 0.09980 | −0.223% | $337K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0286% | 1h | 0.09995 | −0.074% | $6.9M | $30.2M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09992 | −0.098% | $315K | $476K | 10x | as long as short |
| Hyperliquid DOGElong | +0.0736% | 1h | 0.1000 | long leg | $115.8M | $74.2M | 10x | |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.1001 | +0.080% | $5K | $153K | 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-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
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
Extended DOGE-USD
Aevo DOGE-PERP
dYdX DOGE-USD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
RISEx DOGE/USDC
Injective DOGE/USDC PERP