Funding you earn now, next payment 23:00 UTC−0.0165%/8h= −18.1% APRpaid last 24h −0.073%
Price spread now: BloFin against Hyperliquid−0.082%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$250.251% of the position
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 3 days (all we have)+0.004%$0 · spread now −0.082%, 7d avg −0.052%
=Together, before fees+0.095%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and BloFin is 0.030% cheaper against Hyperliquid than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.052%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.091%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DOGE | 0.1003 | 0.0385 | pay 0.0048% / 1h | 51m 00s | $110.3M | $80.9M | 10x |
| Short | BloFin DOGE-USDT | 0.1002 | 0.0220 | get 0.0220% / 8h | 1h 51m | $15.2M | $24.2M | 75x |
Hyperliquid DOGE
BloFin DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$34.65
- Price spread: −0.082% → −0.052%
- −$3.01
- Slippage, 4 orders
- −$4.09
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$62.74
- Costs to cover
- 0.251%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 13 min ago; BloFin: live order book, 3 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, 13 min ago | 0.05 bp | 4.9 bp −$5 | 7.1 bp −$71 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 1.00 bp | 7.0 bp −$7 | 7.0 bp −$70 | 15.8 bp −$1,581 | 29.0 bp −$14.5K |
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 | −0.0272% | 8h | 0.1001 | −0.171% | $153.2M | $261.9M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1003 | +0.017% | $377K | $4.4M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1002 | −0.081% | $32K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0016% | 1h | 0.1003 | −0.026% | $225K | $44K | 10x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.1008 | +0.474% | $16K | $222K | 10x | as long as short |
| Gate DOGE_USDT | +0.0087% | 8h | 0.1002 | −0.142% | $241.0M | $120.8M | 75x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0089% | 1h | 0.1002 | −0.072% | $626K | $105K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1002 | −0.057% | $782K | $5.3M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0096% | 8h | 0.1002 | −0.072% | $1K | $355K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1002 | −0.057% | $679K | $744K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Phoenix DOGE
Gate DOGE_USDT
Deribit DOGE_USDC-PERPETUAL
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 | 0.1002 | −0.093% | $5.0M | $41.3M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1003 | −0.030% | $336K | $498K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1002 | −0.072% | $318.5M | $1.28B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1002 | −0.122% | $161.2M | $404.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1002 | −0.102% | $109.4M | $907.1M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1003 | −0.022% | $28K | $76K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1003 | +0.008% | $384K | $14K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1002 | −0.092% | $109.4M | $214.0M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1002 | −0.112% | $65.8M | $39.4M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1002 | −0.082% | — | $73.7M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1003 | −0.006% | $947K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1004 | +0.143% | $276K | $112.9M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1007 | +0.402% | $641K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1004 | +0.108% | $145K | $238K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1002 | −0.082% | $271K | $534K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1002 | −0.052% | $72K | $417K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1002 | −0.082% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1003 | −0.009% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1002 | −0.122% | $2K | $3.5M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1003 | −0.012% | $6.0M | $48.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1002 | −0.112% | $92.8M | $19.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1002 | −0.056% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1001 | −0.147% | $556K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1002 | −0.080% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0175% | 1h | 0.1002 | −0.095% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0176% | 1h | 0.1003 | −0.033% | $529 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.1003 | −0.042% | $2.0M | $22.9M | 50x | as long as short |
| BloFin DOGE-USDTshort | +0.0220% | 8h | 0.1002 | −0.082% | $15.2M | $24.2M | 75x | |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0266% | 1h | 0.1002 | −0.080% | $311K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0343% | 1h | 0.1003 | −0.042% | $529K | $934K | 15x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0364% | 1h | 0.1002 | −0.128% | $6.0M | $32.0M | 50x | as long as short |
| Hyperliquid DOGElong | +0.0385% | 1h | 0.1003 | long leg | $110.3M | $80.9M | 10x | |
| RISEx DOGE/USDC | +0.0702% | 1h | 0.1003 | +0.004% | $315K | $472K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0966% | 1h | 0.1007 | +0.407% | $5K | $207K | 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
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Backpack DOGE_USDC_PERP
Kraken Futures PF_DOGEUSD
RISEx DOGE/USDC
Injective DOGE/USDC PERP