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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0084%/8h= +9.1% APRnext payment +$0.10 per $10,000 · paid last 24h −0.128%
Price spread now: Reya against Hyperliquid−0.047%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · Reya: Active · farm boardneeds both histories
Funding pays, the price is against you. Reya is 0.047% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 45 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid DOGE0.099660.0113pay 0.0014% / 1h42m 51s$123.5M$116.3M10x
ShortReya DOGERUSDPERP0.099610.0196get 0.0025% / 1h42m 51s$2K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya 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
$17.54
Price spread: −0.047% → 0.000%
−$4.7
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Reya: 3 bp × 2 orders
−$6
Net
−$2.16
Costs to cover
0.150%
Break-even
7.9 days
Slippage unknown: Hyperliquid: live order book, 11 min ago; Reya: no order-book sample. Net counts fees only.

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, 11 min ago1.00 bp6.5 bp −$67.7 bp −$77doesn't fitdoesn't fit
Sell Reya no order-book sample
Reya: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kraken Futures PF_DOGEUSD−0.0083%1h0.09960−0.060%$5.6M$40.5M50xas long as short
Polymarket Perps DOGE-USD−0.0006%1h0.09955−0.108%$265K$1.2M10xas long as short
dYdX DOGE-USD0.0000%1h0.09953−0.131%$224K$69K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09959−0.075%$611K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09965−0.010%$34K150xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+5.659%$6K$242K12xas long as short
Bitget DOGEUSDT+0.0075%8h0.09954−0.120%$141.9M$344.6M75xas long as short
Phoenix DOGE+0.0080%1h0.09985+0.191%$18K$382K10xas long as short
Lighter DOGE+0.0096%1h0.09964−0.022%$849K$6.8M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09960−0.055%$538K$1.1M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09963−0.029%$4.6M$58.6M75xas long as short
Pacifica DOGE+0.0100%1h0.09963−0.033%$319K$500K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09964−0.023%$327.3M$1.71B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09956−0.100%$165.3M$521.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09959−0.070%$117.2M$1.20B50xas long as short
Bulk DOGE-USD+0.0100%1h0.09990+0.241%$384K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09957−0.090%$249.6M$155.3M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09965−0.010%$110.2M$257.7M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09964−0.020%$66.4M$50.2M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09961−0.050%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09959−0.070%$301K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09967+0.008%$1.1M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09969+0.026%$302K$140.6M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09979+0.130%$638K$4.7M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09970+0.040%$149K$337K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09963−0.030%$66K$467K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09961−0.052%$19K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09967+0.015%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09960−0.060%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09958−0.082%$5.9M$69.2M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09959−0.070%$91.5M$17.0M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09953−0.126%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09960−0.062%$486K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09960−0.055%$19K3xas long as short
Katana Perps DOGE-USD+0.0109%8h0.09971+0.050%$1K$532K10xas long as short
Hyperliquid DOGElong+0.0113%1h0.09966long leg$123.5M$116.3M10x
Reya DOGERUSDPERPshort+0.0196%1h0.09961−0.047%$2K20x
Deribit DOGE_USDC-PERPETUAL+0.0202%1h0.09963−0.033%$571K$252K25xas long as short
BloFin DOGE-USDT+0.0220%8h0.09962−0.040%$16.2M$27.0M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.09959−0.070%$1.9M$34.7M50xas long as short
01 Exchange DOGEUSD+0.0248%1h0.09975+0.094%$444$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.09965−0.007%$314K200xas long as short
Arcus DOGE-USD+0.0387%1h0.09969+0.030%$27K$300K10xas long as short
RISEx DOGE/USDC+0.0626%1h0.09975+0.092%$402K$452K10xas long as short