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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0744%/8h= +81.5% APRpaid last 24h +0.123%
Price spread now: Hyperliquid against Paradex+0.026%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Hyperliquid is 0.026% dearer against Paradex than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex DOGE-USD-PERP0.10080.0100pay 0.0100% / 8h7h 40m$18K$5K30x
ShortHyperliquid DOGE0.10080.0844get 0.0106% / 1h40m 47s$120.7M$92.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Paradex. 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
$156.32
Price spread: +0.026% → 0.000%
$2.59
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$145.91
Costs to cover
0.130%
Break-even
0.5 days
Slippage unknown: Paradex: no order-book sample; Hyperliquid: live order book, 3 min ago. 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 Paradex no order-book sample
Sell Hyperliquid live order book, 3 min ago1.00 bp5.5 bp −$56.8 bp −$68doesn't fitdoesn't fit
Paradex: 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
Phemex DOGEUSDT−0.0410%8h0.1007−0.133%$93.0M$18.4M50xas long as short
Bitget DOGEUSDT−0.0192%8h0.1007−0.113%$153.4M$270.8M75xas long as short
Kraken Futures PF_DOGEUSD−0.0077%1h0.1007−0.090%$6.1M$33.9M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.1008−0.014%$401K$4.8M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1007−0.123%$24K150xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0018%1h0.1008−0.054%$606K$120K25xas long as short
dYdX DOGE-USD+0.0029%1h0.1007−0.106%$226K$44K10xas long as short
Lighter DOGE+0.0096%1h0.1008+0.022%$852K$5.7M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.1006−0.192%$850$403K10xas long as short
Nado DOGE-PERP+0.0100%1h0.1007−0.153%$517K$973K10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.1007−0.084%$5.0M$46.5M75xas long as short
Pacifica DOGE+0.0100%1h0.1008−0.067%$336K$517K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1008−0.062%$320.1M$1.40B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.1008−0.004%$159.7M$438.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.1008+0.006%$110.6M$971.3M50xas long as short
Arcus DOGE-USD+0.0100%1h0.1009+0.036%$28K$82K10xas long as short
Bulk DOGE-USD+0.0100%1h0.10000−0.819%$383K$12K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1006−0.192%$244.2M$128.4M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1008−0.053%$114.0M$223.5M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1007−0.113%$65.9M$42.5M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1007−0.143%$3.4Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1007−0.172%$369K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.1006−0.183%$1.0M$8.1Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1004−0.454%$264K$122.4M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1006−0.214%$640K$4.6M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1000−0.817%$147K$260K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1007−0.172%$264K$556K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1008−0.073%$73K$434K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1008−0.063%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1008−0.037%$36K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1008−0.063%$2K$3.8M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1007−0.092%$6.0M$52.5M75xas long as short
Paradex DOGE-USD-PERPlong+0.0100%8h0.1008long leg$18K$5K30x
Extended DOGE-USD+0.0104%1h0.1007−0.134%$618K$3.8M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1008−0.063%$19K3xas long as short
Reya DOGERUSDPERP+0.0181%1h0.1007−0.149%$2K20xas long as short
01 Exchange DOGEUSD+0.0200%1h0.1007−0.152%$532$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.1007−0.143%$15.4M$25.6M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0240%1h0.1008−0.034%$2.0M$24.8M50xas long as short
Phoenix DOGE+0.0240%1h0.1002−0.598%$67K$283K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0244% / S −0.0263%1h0.1007−0.100%$311K200xas long as short
RISEx DOGE/USDC+0.0701%1h0.1007−0.143%$319K$478K10xas long as short
Hyperliquid DOGEshort+0.0844%1h0.1008+0.026%$120.7M$92.7M10x
Injective DOGE/USDC PERP+0.0973%1h0.1011+0.274%$5K$239K12xas long as short