Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.09431 | +0.0100 | pay 0.0013% / 1h | 23m 37s | $105.1M | $17.5M | 10x | Long Hyperliquid4% off | |
| SHORT | 0.09420 | +0.0096 | get 0.0012% / 1h | 23m 37s | $124K | $368K | 50x | Short Popdex |
Price gap−0.122%
Funding gap−0.0004% /8h
Funding is ≈ 0, so this is a price-spread trade: +$3 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$8−0.0004% /8h now · paid −0.084% over the last 7D
Price+$3spread −0.122% now, avg −0.149% → +0.027% if it goes back
Costs−$250.249% of $10k · taker + slippage, in and out
Result−$31−0.31%+ Points / potential airdropHyperliquid: Season 2 · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.122%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hDOGE on 44 exchanges
lowest funding firstBefore you open
5 ok · 1 to watch- OK: Fits both order books4.6 / 7.3 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $200Hyperliquid 10x, Popdex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$0.12Long Hyperliquid: 24 payments, −$3.00; short Popdex: 24 payments, +$2.88.
- OK: Entry gap works for you−0.122% vs −0.149%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$124K vs $105.1M OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legHyperliquid Season 2Volume here counts toward the points program.
- OK: No KYC on either legHyperliquid No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0042%/8h × 21 periods−$8.81
Price spread−0.122% → −0.149% (7d avg)+$2.70
Slippage, 4 orderslive order books−$9.46
Fee Hyperliquid bp × 2 orders−$9.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$30.98
Costs to cover0.249%Break-evennever at this rate
Slippage: Hyperliquid: live order book, 7 min ago; Popdex: live order book, 66 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGHyperliquid0.054.6 bp−$56.6 bp−$6617.1 bp−$1,70854.8 bp−$27.4K
SELL · SHORTPopdex1.067.3 bp−$710.9 bp−$109doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 01:05 | Reya | Listing | DOGERUSDPERP no longer reported ($DOGE) seen by our collector |
| 09-29 11:00 | Bulk | Listing | DOGE-USD no longer reported ($DOGE) seen by our collector |
| 09-29 11:00 | RISEx | Listing | DOGE/USDC [deprecated-1779958099] no longer reported ($DOGE) seen by our collector |
| 09-28 15:17 | OKX | Other | New X Drops just went live in Europe. Trade XDP, HYPE, TAO, LINK, PUMP, UNI, LTC, DOGE, FET, or AAVE for a share of 23M $XDP. $XDP trades get a 3× boost. @okx on X ↗ |
| 09-27 09:30 | HTX | Points | HTX Futures Hot Coin Points Challenge! 🔹Trade popular futures pairs, earn points & redeem Gold and trending token rewards! 🔹More Trading → More Points → More Rewards Gold｜ Trending Tokens｜ More Rewards 🔹 Trading Pairs: DOGE/NEAR/SUI/SNDK/MU Join now: @HTX_Global on X ↗ |
| 09-17 05:30 | Gate | Other | 385 equity perps. #1 in coverage. #3 globally in volume and OI. Gate also leads 0.1% depth across all 5 most-traded equity perps and L1 depth across $BTC, $ETH, $SOL, $XRP and $DOGE. @DefiLlama’s data also shows Gate among the most stable on funding rates. More than listings. It’s market depth. @Gate on X ↗ |
Reya
Bulk
RISEx
OKX
HTX
Gate