Funding you earn now, next payment 06:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.02 per $10,000 · paid last 24h +0.148%
Price spread now: Hyperliquid against Nado+0.058%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$310.312% of the position
Funding, last 3 days (all we have)+0.148%+$15 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.058%, 7d avg +0.082%
=Together, before fees+0.030%+ Points / potential airdropNado: Active · Hyperliquid: Season 2 · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.023% cheaper against Nado than usual: you would sell low and buy high (spread +0.058% now, against its 7-day average of +0.082%). If the spread goes back, that is −$2 on $10k: about 5.9 days of funding at the current rate ($0 a day). At the pace of the last 3 days (+0.148% in total) that is about 13 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado DOGE-PERP | 0.09935 | 0.0100 | pay 0.0012% / 1h | 42m 20s | $538K | $1.1M | 10x |
| Short | Hyperliquid DOGE | 0.09941 | 0.0113 | get 0.0014% / 1h | 42m 20s | $123.9M | $114.4M | 10x |
Nado DOGE-PERP
Hyperliquid DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Nado. 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
- $2.74
- Price spread: +0.058% → +0.082%
- −$2.31
- Slippage, 4 orders
- −$15.22
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$30.79
- Costs to cover
- 0.312%
- Break-even
- 85.6 days
Slippage from Nado: live order book, 1 min ago; Hyperliquid: live order book, 12 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 Nado live order book, 1 min ago | 1.01 bp | 7.6 bp −$8 | 16.4 bp −$164 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 12 min ago | 1.50 bp | 6.7 bp −$7 | 7.3 bp −$73 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DOGE-USD | −0.0003% | 1h | 0.09931 | −0.047% | $268K | $1.2M | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09954 | +0.185% | $642K | $6.4M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09942 | +0.065% | $34K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0002% | 1h | 0.09952 | +0.165% | $5.6M | $39.7M | 50x | as long as short |
| dYdX DOGE-USD | +0.0003% | 1h | 0.09942 | +0.068% | $223K | $70K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09949 | +0.140% | $728K | $6.5M | 15x | as long as short |
| Nado DOGE-PERPlong | +0.0100% | 1h | 0.09935 | long leg | $538K | $1.1M | 10x | |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09943 | +0.078% | $4.4M | $56.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09941 | +0.054% | $318K | $516K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09944 | +0.086% | $324.2M | $1.67B | 75x | as long as short |
Polymarket Perps DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Kraken Futures PF_DOGEUSD
dYdX DOGE-USD
Lighter DOGE
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 | 0.09945 | +0.096% | $162.5M | $513.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09951 | +0.156% | $114.7M | $1.16B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09945 | +0.098% | $382K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09942 | +0.065% | $247.6M | $150.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09944 | +0.086% | $111.8M | $251.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09939 | +0.035% | $66.1M | $49.2M | 75x | as long as short |
| Bitget DOGEUSDT | +0.0100% | 8h | 0.09945 | +0.096% | $130.5M | $327.1M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09944 | +0.086% | — | $80.2M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09939 | +0.035% | $306K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09959 | +0.234% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09982 | +0.470% | $312K | $138.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09986 | +0.509% | $632K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09990 | +0.549% | $148K | $338K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09947 | +0.116% | $63K | $469K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09947 | +0.117% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09954 | +0.184% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09951 | +0.156% | $2K | $5.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09939 | +0.034% | $5.9M | $67.2M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09939 | +0.035% | $91.4M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09938 | +0.026% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09945 | +0.096% | $480K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09949 | +0.136% | $19K | — | 3x | as long as short |
| Hyperliquid DOGEshort | +0.0113% | 1h | 0.09941 | +0.058% | $123.9M | $114.4M | 10x | |
| Katana Perps DOGE-USD | +0.0113% | 8h | 0.09932 | −0.035% | $2K | $518K | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0160% | 1h | 0.09939 | +0.039% | $442 | $4K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0192% | 1h | 0.09953 | +0.175% | $565K | $247K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0194% | 1h | 0.09937 | +0.016% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09933 | −0.025% | $15.9M | $26.8M | 75x | as long as short |
| Arcus DOGE-USD | +0.0231% | 1h | 0.09949 | +0.136% | $108K | $207K | 10x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09973 | +0.380% | $18K | $382K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0251% / S −0.0286% | 1h | 0.09942 | +0.067% | $320K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.09937 | +0.015% | $2.0M | $33.7M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0686% | 1h | 0.09943 | +0.081% | $401K | $440K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1217% | 1h | 0.1053 | +5.984% | $6K | $242K | 12x | as long as short |
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
Bitget DOGEUSDT
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
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
Katana Perps DOGE-USD
01 Exchange DOGEUSD
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
BloFin DOGE-USDT
Arcus DOGE-USD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC
Injective DOGE/USDC PERP