Settings8H · net · $10k
Funding arb · Price arb /

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0345%/8h= −37.8% APRpaid last 24h −0.105%
Price spread now: HTX against Hyperliquid−0.059%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.277% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.078%−$8 on $10k
Price spread, last 3 days (all we have)−0.020%−$2 · spread now −0.059%, 7d avg −0.049%
Together, before fees−0.097%+ Points / potential airdropHyperliquid: Season 2 · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.049%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.078% in total (about -4.0% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid DOGE0.098790.0445pay 0.0056% / 1h34m 47s$109.6M$78.6M10x
ShortHTX DOGE-USDT0.098730.0100get 0.0100% / 8h2h 34m$5.9M$46.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Hyperliquid. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$72.44
Price spread: −0.059% → −0.049%
−$0.97
Slippage, 4 orders
−$6.7
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$101.11
Costs to cover
0.277%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; HTX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 9 min ago1.56 bp7.1 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 4 min ago0.05 bp6.9 bp −$712.8 bp −$12843.5 bp −$4,345doesn't fit

DOGE on 44 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget DOGEUSDT−0.0279%8h0.09863−0.164%$151.8M$259.9M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09863−0.166%$357K$4.3M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09870−0.089%$617K$91K25xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S −0.0001%1h0.09866−0.139%$32K150xas long as short
dYdX DOGE-USD+0.0052%1h0.09859−0.203%$221K$44K10xas long as short
Gate DOGE_USDT+0.0062%8h0.09861−0.184%$234.5M$119.1M75xas long as short
Phoenix DOGE+0.0080%1h0.09849−0.309%$15K$225K10xas long as short
Katana Perps DOGE-USD+0.0095%8h0.09867−0.123%$1K$336K10xas long as short
Lighter DOGE+0.0096%1h0.09870−0.092%$783K$5.1M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09867−0.123%$626K$695K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09866−0.129%$4.9M$40.6M75xas long as short
Pacifica DOGE+0.0100%1h0.09863−0.162%$335K$505K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09864−0.154%$313.6M$1.26B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09865−0.144%$156.5M$397.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09873−0.063%$107.6M$883.5M50xas long as short
Arcus DOGE-USD+0.0100%1h0.09874−0.053%$28K$75K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09919+0.402%$380K$19K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09867−0.123%$119.3M$214.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09870−0.093%$64.9M$38.9M75xas long as short
BingX DOGE-USDT+0.0100%8h0.09864−0.154%$73.3Mas long as short
Variational Omni DOGE+0.0100%8h0.09842−0.375%$917K$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09844−0.356%$261K$111.6M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09856−0.232%$627K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09860−0.194%$140K$222K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09869−0.103%$271K$531K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09868−0.113%$56K$397K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09865−0.146%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09870−0.091%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09868−0.113%$2K$3.3M10xas long as short
HTX DOGE-USDTshort+0.0100%8h0.09873−0.059%$5.9M$46.6M75x
Phemex DOGEUSDT+0.0100%8h0.09867−0.123%$91.6M$19.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09863−0.165%$19K$3K30xas long as short
Extended DOGE-USD+0.0104%1h0.09862−0.175%$550K$3.5M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09868−0.111%$19K3xas long as short
Reya DOGERUSDPERP+0.0173%1h0.09868−0.113%$2K20xas long as short
Backpack DOGE_USDC_PERP+0.0192%1h0.09878−0.012%$522K$934K15xas long as short
01 Exchange DOGEUSD+0.0208%1h0.09871−0.080%$521$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09873−0.063%$15.2M$23.7M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0224%1h0.09878−0.012%$2.0M$22.2M50xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0243% / S −0.0263%1h0.09865−0.148%$304K200xas long as short
Kraken Futures PF_DOGEUSD+0.0290%1h0.09864−0.159%$6.0M$31.6M50xas long as short
Hyperliquid DOGElong+0.0445%1h0.09879long leg$109.6M$78.6M10x
RISEx DOGE/USDC+0.0536%1h0.09874−0.058%$308K$470K10xas long as short
Injective DOGE/USDC PERP+0.1013%1h0.09880+0.008%$5K$153K12xas long as short