DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0165%/8h= −18.1% APRnext payment −$0.21 per $10,000 · paid last 24h −0.143%

Price spread now: SoDEX against Hyperliquid−0.088%7-day average −0.071% · 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−$24as in the Price arb table

costs, in and out, $10k−$220.220% of the position

Long on Hyperliquid Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.149%−$15 on $10k

Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.088%, 7d avg −0.071%

Together, before fees−0.145%+ Points / potential airdropHyperliquid: Season 2 · farm board−$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.071%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid DOGE	0.1011	0.0265	pay 0.0033% / 1h	2m 50s	$123.8M	$102.4M	10x
Short	SoDEX DOGE-USD	0.1010	0.0100	get 0.0013% / 1h	2m 50s	$2K	$4.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee HyperliquidbpFee SoDEXbpOrdersPrice spread, now −0.088%Rate

Funding earned: −$34.71
Price spread: −0.088% → −0.071%: −$1.74
Slippage, 4 orders: −$5.04
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$58.49
Costs to cover: 0.220%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 11 min ago; SoDEX: live order book, 1 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	1.99 bp	6.5 bp −$6	7.7 bp −$77	doesn't fit	doesn't fit
Sell SoDEX live order book, 1 min ago	0.50 bp	4.6 bp −$5	8.3 bp −$83	150.6 bp −$15.1K	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
Kraken Futures PF_DOGEUSD	−0.0031%	1h	0.1010	−0.103%	$5.7M	$35.8M	50x	as long as short
Bitget DOGEUSDT	−0.0025%	8h	0.1010	−0.088%	$152.4M	$278.5M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.1010	−0.093%	$479K	$5.4M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S 0.0000%	1h	0.1011	−0.072%	$24K	—	150x	as long as short
dYdX DOGE-USD	+0.0011%	1h	0.1008	−0.295%	$226K	$49K	10x	as long as short
Lighter DOGE	+0.0096%	1h	0.1011	−0.035%	$738K	$6.3M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.1010	−0.137%	$2K	$470K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	0.1011	−0.029%	$531K	$1.0M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.1011	−0.075%	$4.7M	$50.1M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.1009	−0.269%	$327K	$484K	20x	as long as short

Show all 44 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance DOGEUSDT	+0.0100%	8h	0.1012	+0.021%	$330.4M	$1.49B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.1011	−0.019%	$165.9M	$452.5M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.1011	−0.009%	$116.3M	$1.04B	50x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.1005	−0.642%	$386K	$859	10x	as long as short
Gate DOGE_USDT	+0.0100%	8h	0.1011	−0.019%	$249.5M	$136.3M	75x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.1012	+0.021%	$113.2M	$237.1M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.1012	+0.031%	$67.6M	$44.3M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.1011	−0.039%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.1011	−0.068%	$321K	$1.2M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.1006	−0.506%	$1.1M	$8.2M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.1005	−0.642%	$305K	$131.9M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.1009	−0.255%	$638K	$4.4M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.1005	−0.622%	$147K	$292K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.1011	−0.068%	$262K	$877K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.1011	−0.068%	$71K	$440K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	0.1011	−0.073%	$25K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.1012	+0.073%	$36K	$2.2M	30x	as long as short
SoDEX DOGE-USDshort	+0.0100%	1h	0.1010	−0.088%	$2K	$4.1M	10x
HTX DOGE-USDT	+0.0100%	8h	0.1010	−0.125%	$6.1M	$59.1M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.1011	−0.078%	$92.9M	$16.9M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.1009	−0.235%	$18K	$7K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.1010	−0.121%	$496K	$4.1M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.1011	−0.068%	$19K	—	3x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0166%	1h	0.1011	−0.072%	$604K	$119K	25x	as long as short
Reya DOGERUSDPERP	+0.0190%	1h	0.1011	−0.041%	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0216%	1h	0.1011	−0.061%	$539	$4K	10x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.1011	−0.048%	$16.0M	$25.7M	75x	as long as short
Phoenix DOGE	+0.0242%	1h	0.1006	−0.543%	$65K	$288K	10x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0247% / S −0.0267%	1h	0.1011	−0.076%	$314K	—	200x	as long as short
Hyperliquid DOGElong	+0.0265%	1h	0.1011	long leg	$123.8M	$102.4M	10x
Coinbase International DOGE-PERP-INTX	+0.0296%	1h	0.1012	+0.050%	$2.1M	$28.4M	50x	as long as short
Arcus DOGE-USD	+0.0690%	1h	0.1012	+0.031%	$110K	$199K	10x	as long as short
RISEx DOGE/USDC	+0.0695%	1h	0.1011	−0.028%	$410K	$415K	10x	as long as short
Injective DOGE/USDC PERP	+0.1004%	1h	0.1015	+0.367%	$5K	$239K	12x	as long as short