Funding you earn now, next payment 02:00 UTC+0.0607%/8h= +66.5% APRpaid last 24h +0.131%
Price spread now: Hyperliquid against SunX+0.073%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1281.278% of the position
Funding, last 7 days+0.105%+$10 on $10k
+Price spread, last 3 days (all we have)−0.066%−$7 · spread now +0.073%, 7d avg +0.033%
=Together, before fees+0.039%+ Points / potential airdropHyperliquid: Season 2 · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Hyperliquid is 0.040% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.033%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.105% in total (about 5.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX DOGE-USDT | 0.10000 | 0.0100 | pay 0.0100% / 8h | 6h 10m | $35K | $2.2M | 30x |
| Short | Hyperliquid DOGE | 0.1001 | 0.0707 | get 0.0088% / 1h | 10m 39s | $122.8M | $98.4M | 10x |
SunX DOGE-USDT
Hyperliquid DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against SunX. 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
- $127.5
- Price spread: +0.073% → +0.033%
- $4.03
- Slippage, 4 orders
- −$110.83
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $3.71
- Costs to cover
- 1.278%
- Break-even
- 6.8 days
Slippage from SunX: live order book, 6 min ago; Hyperliquid: live order book, 3 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 SunX live order book, 6 min ago | 52.03 bp | 56.1 bp −$56 | 61.1 bp −$611 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 1.10 bp | 6.9 bp −$7 | 8.2 bp −$82 | doesn't fit | doesn't fit |
DOGE on 43 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0098% | 8h | 0.09974 | −0.257% | $151.1M | $273.3M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09990 | −0.101% | $390K | $5.0M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09977 | −0.223% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0011% | 1h | 0.09981 | −0.187% | $224K | $49K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0066% | 1h | 0.09997 | −0.030% | $5.8M | $34.3M | 50x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09990 | −0.094% | $822K | $6.1M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09977 | −0.227% | $1K | $428K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09983 | −0.167% | $535K | $991K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09991 | −0.089% | $4.7M | $48.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09988 | −0.117% | $328K | $503K | 20x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Kraken Futures PF_DOGEUSD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.09982 | −0.176% | $317.3M | $1.43B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09982 | −0.177% | $158.4M | $440.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09983 | −0.167% | $110.8M | $983.2M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09995 | −0.047% | $128K | $178K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09945 | −0.551% | $381K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09992 | −0.077% | $242.3M | $132.9M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09980 | −0.197% | $113.4M | $231.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09990 | −0.097% | $66.1M | $43.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09982 | −0.177% | — | $76.3M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09992 | −0.077% | $344K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09982 | −0.179% | $995K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09925 | −0.749% | $280K | $129.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09962 | −0.382% | $627K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09960 | −0.397% | $145K | $271K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09978 | −0.217% | $257K | $643K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09994 | −0.057% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09992 | −0.077% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDTlong | +0.0100% | 8h | 0.10000 | long leg | $35K | $2.2M | 30x | |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09997 | −0.027% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09984 | −0.155% | $5.9M | $55.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09995 | −0.047% | $92.1M | $16.8M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09978 | −0.217% | $561K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09995 | −0.047% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0108% | 8h | 0.09987 | −0.122% | $18K | $6K | 30x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0160% | 1h | 0.09995 | −0.045% | $597K | $118K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0185% | 1h | 0.09978 | −0.215% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0216% | 1h | 0.09989 | −0.107% | $532 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09998 | −0.017% | $2.0M | $25.3M | 50x | as long as short |
| Phoenix DOGE | +0.0241% | 1h | 0.09938 | −0.620% | $64K | $284K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0267% | 1h | 0.09979 | −0.204% | $311K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0563% | 1h | 0.09988 | −0.122% | $402K | $367K | 10x | as long as short |
| Hyperliquid DOGEshort | +0.0707% | 1h | 0.1001 | +0.073% | $122.8M | $98.4M | 10x | |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09990 | −0.097% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Injective DOGE/USDC PERP