Funding you earn now, next payment 08:00 UTC+0.0063%/8h= +6.9% APRpaid last 24h +0.001%
Price spread now: HTX against Polymarket Perps−0.003%7-day average +0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$300.297% of the position
Funding, last 7 days+0.369%+$37 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.003%, 7d avg +0.050%
=Funding pays, the price is against you. HTX is 0.053% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.003% now, against its 7-day average of +0.050%). If the spread goes back, that is −$5 on $10k: about 2.8 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.369% in total) that is about 24 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps DOGE-USD | 0.09936 | 0.0037 | pay 0.0005% / 1h | 40m 03s | $259K | $1.2M | 10x |
| Short | HTX DOGE-USDT | 0.09936 | 0.0100 | get 0.0100% / 8h | 40m 03s | $5.9M | $68.9M | 75x |
Polymarket Perps DOGE-USD
HTX DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Polymarket Perps. 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
- $13.27
- Price spread: −0.003% → +0.050%
- −$5.31
- Slippage, 4 orders
- −$9.71
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$21.74
- Costs to cover
- 0.297%
- Break-even
- 18.5 days
Slippage from Polymarket Perps: live order book, 3 min ago; HTX: live order book, 4 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 Polymarket Perps live order book, 3 min ago | 3.82 bp | 7.9 bp −$8 | 9.2 bp −$92 | doesn't fit | doesn't fit |
| Sell HTX live order book, 4 min ago | 0.05 bp | 6.9 bp −$7 | 10.8 bp −$108 | 33.5 bp −$3,351 | 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 | −0.0060% | 1h | 0.09934 | −0.014% | $5.6M | $40.7M | 50x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09953 | +0.167% | $224K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09931 | −0.053% | $593K | $6.5M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09940 | +0.037% | $570K | $252K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09939 | +0.035% | $35K | — | 150x | as long as short |
| Bitget DOGEUSDT | +0.0022% | 8h | 0.09918 | −0.180% | $140.6M | $346.9M | 75x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.979% | $6K | $242K | 12x | as long as short |
| Polymarket Perps DOGE-USDlong | +0.0037% | 1h | 0.09936 | long leg | $259K | $1.2M | 10x | |
| Lighter DOGE | +0.0096% | 1h | 0.09942 | +0.060% | $835K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09940 | +0.046% | $536K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
dYdX DOGE-USD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Bitget DOGEUSDT
Injective DOGE/USDC PERP
Lighter DOGE
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOGE | +0.0100% | 1h | 0.09938 | +0.020% | $123.7M | $117.2M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09933 | −0.034% | $4.5M | $59.0M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09951 | +0.152% | $319K | $503K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09933 | −0.034% | $327.9M | $1.72B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09927 | −0.090% | $164.5M | $524.3M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09929 | −0.069% | $115.7M | $1.20B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09943 | +0.071% | $17K | $308K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09921 | −0.149% | $381K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09926 | −0.100% | $248.9M | $156.2M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09923 | −0.130% | $116.8M | $258.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09933 | −0.029% | $66.2M | $49.9M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09934 | −0.019% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09931 | −0.049% | $301K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09964 | +0.278% | $1.1M | $8.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09966 | +0.307% | $303K | $139.7M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09982 | +0.460% | $629K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09980 | +0.444% | $146K | $342K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09937 | +0.011% | $71K | $472K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09928 | −0.076% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09949 | +0.133% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09933 | −0.029% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDTshort | +0.0100% | 8h | 0.09936 | −0.003% | $5.9M | $68.9M | 75x | |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09934 | −0.019% | $91.0M | $16.8M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09949 | +0.136% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09920 | −0.157% | $488K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09938 | +0.016% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0107% | 8h | 0.09938 | +0.021% | $830 | $539K | 10x | as long as short |
| Phoenix DOGE | +0.0160% | 1h | 0.09978 | +0.424% | $18K | $382K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0199% | 1h | 0.09928 | −0.078% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.09961 | +0.253% | $1.9M | $34.8M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09964 | +0.283% | $15.5M | $27.0M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09939 | +0.027% | $313K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0264% | 1h | 0.09946 | +0.101% | $442 | $4K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0731% | 1h | 0.09946 | +0.107% | $405K | $462K | 10x | as long as short |
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
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
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Phoenix DOGE
Reya DOGERUSDPERP
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
RISEx DOGE/USDC