Funding you earn now, next payment 22:00 UTC−0.0349%/8h= −38.2% APRpaid last 24h −0.105%
Price spread now: KuCoin against Hyperliquid−0.136%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$300.298% of the position
Funding, last 7 days−0.145%−$15 on $10k
+Price spread, last 7 days+0.127%+$13 · spread now −0.136%, 7d avg −0.047%
=Together, before fees−0.018%+ Points / potential airdropHyperliquid: Season 2 · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.088% cheaper against Hyperliquid than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.047%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.145% in total (about -7.6% 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 | Hyperliquid DOGE | 0.09881 | 0.0449 | pay 0.0056% / 1h | 35m 16s | $109.6M | $78.5M | 10x |
| Short | KuCoin DOGEUSDTM | 0.09868 | 0.0100 | get 0.0100% / 8h | 2h 35m | $64.9M | $38.9M | 75x |
Hyperliquid DOGE
KuCoin DOGEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$73.27
- Price spread: −0.136% → −0.047%
- −$8.83
- Slippage, 4 orders
- −$8.82
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$111.92
- Costs to cover
- 0.298%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 9 min ago; KuCoin: live order book, 4 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, 9 min ago | 1.56 bp | 7.1 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 2.03 bp | 8.0 bp −$8 | 15.5 bp −$155 | 39.5 bp −$3,948 | 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 | −0.0279% | 8h | 0.09864 | −0.176% | $151.8M | $259.9M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09863 | −0.188% | $357K | $4.3M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09870 | −0.111% | $617K | $91K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09866 | −0.161% | $32K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0052% | 1h | 0.09859 | −0.226% | $221K | $44K | 10x | as long as short |
| Gate DOGE_USDT | +0.0062% | 8h | 0.09867 | −0.146% | $234.6M | $119.1M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09849 | −0.331% | $15K | $225K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0095% | 8h | 0.09867 | −0.146% | $1K | $336K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09870 | −0.114% | $783K | $5.1M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09867 | −0.146% | $626K | $695K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Gate DOGE_USDT
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 | 0.09867 | −0.143% | $4.9M | $40.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09863 | −0.184% | $335K | $505K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09868 | −0.136% | $313.7M | $1.26B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09866 | −0.156% | $156.6M | $397.1M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09872 | −0.095% | $107.6M | $883.3M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09874 | −0.075% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09919 | +0.379% | $380K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09870 | −0.115% | $119.3M | $214.5M | 300x | as long as short |
| KuCoin DOGEUSDTMshort | +0.0100% | 8h | 0.09868 | −0.136% | $64.9M | $38.9M | 75x | |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09871 | −0.105% | — | $73.3M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09842 | −0.397% | $917K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09844 | −0.378% | $261K | $111.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09856 | −0.254% | $627K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09860 | −0.217% | $140K | $222K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09869 | −0.125% | $271K | $531K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09868 | −0.136% | $56K | $397K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09865 | −0.168% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09870 | −0.113% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09868 | −0.136% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09873 | −0.081% | $5.9M | $46.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09867 | −0.146% | $91.6M | $19.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09863 | −0.187% | $19K | $3K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09864 | −0.177% | $550K | $3.5M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09868 | −0.134% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0173% | 1h | 0.09868 | −0.135% | $2K | — | 20x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0192% | 1h | 0.09878 | −0.034% | $522K | $934K | 15x | as long as short |
| 01 Exchange DOGEUSD | +0.0208% | 1h | 0.09871 | −0.102% | $521 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09873 | −0.085% | $15.2M | $23.7M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09878 | −0.034% | $2.0M | $22.2M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0243% / S −0.0263% | 1h | 0.09865 | −0.170% | $304K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0290% | 1h | 0.09864 | −0.181% | $6.0M | $31.6M | 50x | as long as short |
| Hyperliquid DOGElong | +0.0449% | 1h | 0.09881 | long leg | $109.6M | $78.5M | 10x | |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09874 | −0.080% | $308K | $470K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09880 | −0.014% | $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
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
Backpack DOGE_USDC_PERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
RISEx DOGE/USDC
Injective DOGE/USDC PERP