Funding you earn now, next payment 03:00 UTC−0.0337%/8h= −36.9% APRnext payment −$0.42 per $10,000 · paid last 24h −0.138%
Price spread now: Nado against Hyperliquid−0.229%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$290.293% of the position
Funding, last 3 days (all we have)−0.138%−$14 on $10k
+Price spread, last 4 days (all we have)+0.460%+$46 · spread now −0.229%, 7d avg −0.079%
=Together, before fees+0.322%+ Points / potential airdropHyperliquid: Season 2 · Nado: Active · farm board+$32 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 Nado is 0.150% cheaper against Hyperliquid than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.079%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DOGE | 0.1003 | 0.0437 | pay 0.0055% / 1h | 43m 13s | $122.3M | $100.0M | 10x |
| Short | Nado DOGE-PERP | 0.1000 | 0.0100 | get 0.0012% / 1h | 43m 13s | $533K | $991K | 10x |
Hyperliquid DOGE
Nado DOGE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$70.67
- Price spread: −0.229% → −0.079%
- −$15.04
- Slippage, 4 orders
- −$13.29
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$115.01
- Costs to cover
- 0.293%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; Nado: live order book, 20 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, 11 min ago | 0.05 bp | 6.3 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 20 min ago | 1.50 bp | 8.5 bp −$8 | 19.5 bp −$195 | 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 | −0.0094% | 8h | 0.1001 | −0.189% | $151.7M | $273.7M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.10000 | −0.272% | $224K | $49K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1000 | −0.236% | $446K | $5.1M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1001 | −0.165% | $24K | — | 150x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1003 | −0.018% | $815K | $6.1M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09997 | −0.299% | $1K | $435K | 10x | as long as short |
| Nado DOGE-PERPshort | +0.0100% | 1h | 0.1000 | −0.229% | $533K | $991K | 10x | |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1000 | −0.239% | $4.7M | $48.4M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1000 | −0.225% | $329K | $484K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1002 | −0.110% | $321.3M | $1.44B | 75x | as long as short |
Bitget DOGEUSDT
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Lighter DOGE
Katana Perps DOGE-USD
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1001 | −0.130% | $161.2M | $440.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1002 | −0.100% | $111.8M | $990.4M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09995 | −0.321% | $383K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1001 | −0.170% | $243.9M | $131.7M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1002 | −0.120% | $113.7M | $229.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1002 | −0.120% | $66.3M | $43.3M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1001 | −0.189% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1001 | −0.130% | $330K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09980 | −0.471% | $997K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09984 | −0.427% | $296K | $130.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09971 | −0.555% | $635K | $4.4M | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09999 | −0.279% | $256K | $731K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1002 | −0.120% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1002 | −0.112% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1001 | −0.201% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1002 | −0.080% | $2K | $3.9M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1001 | −0.170% | $6.0M | $56.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1002 | −0.120% | $92.2M | $16.7M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1002 | −0.111% | $555K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1002 | −0.102% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0104% | 8h | 0.1000 | −0.244% | $18K | $6K | 30x | as long as short |
| ApeX Omni DOGEUSDT | +0.0146% | 1h | 0.09990 | −0.369% | $146K | $277K | 25x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0179% | 1h | 0.1002 | −0.068% | $599K | $118K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0186% | 1h | 0.1000 | −0.227% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0208% | 1h | 0.1001 | −0.215% | $533 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1002 | −0.090% | $15.8M | $25.2M | 75x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09980 | −0.465% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0267% | 1h | 0.1001 | −0.157% | $311K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.1003 | −0.020% | $2.3M | $26.2M | 50x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0305% | 1h | 0.1002 | −0.098% | $5.7M | $35.1M | 50x | as long as short |
| Hyperliquid DOGElong | +0.0437% | 1h | 0.1003 | long leg | $122.3M | $100.0M | 10x | |
| RISEx DOGE/USDC | +0.0747% | 1h | 0.1001 | −0.194% | $403K | $367K | 10x | as long as short |
| Arcus DOGE-USD | +0.0781% | 1h | 0.1002 | −0.100% | $129K | $179K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1072% | 1h | 0.1001 | −0.170% | $5K | $239K | 12x | as long as short |
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
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
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
ApeX Omni DOGEUSDT
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Kraken Futures PF_DOGEUSD
RISEx DOGE/USDC
Arcus DOGE-USD
Injective DOGE/USDC PERP