Funding you earn now, next payment 00:00 UTC+0.0669%/8h= +73.2% APRpaid last 24h +0.078%
Price spread now: Hyperliquid against BloFin+0.090%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$240.243% of the position
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 3 days (all we have)−0.026%−$3 · spread now +0.090%, 7d avg +0.051%
=Together, before fees−0.111%+ Points / potential airdropHyperliquid: Season 2 · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Hyperliquid is 0.039% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.051%. Mind the row above: over the last 7 days funding on this pair cost −0.085%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.5% 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 | BloFin DOGE-USDT | 0.09993 | 0.0220 | pay 0.0220% / 8h | 26m 50s | $15.4M | $25.2M | 75x |
| Short | Hyperliquid DOGE | 0.1000 | 0.0889 | get 0.0111% / 1h | 26m 50s | $117.5M | $89.2M | 10x |
BloFin DOGE-USDT
Hyperliquid DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against BloFin. 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
- $140.44
- Price spread: +0.090% → +0.051%
- $3.89
- Slippage, 4 orders
- −$3.32
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $120.01
- Costs to cover
- 0.243%
- Break-even
- 1.0 days
Slippage from BloFin: live order book, 7 min ago; Hyperliquid: live order book, 7 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 BloFin live order book, 7 min ago | 0.50 bp | 6.8 bp −$7 | 9.2 bp −$92 | 19.6 bp −$1,958 | 34.7 bp −$17.3K |
| Sell Hyperliquid live order book, 7 min ago | 1.00 bp | 5.5 bp −$5 | 8.3 bp −$83 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0238% | 8h | 0.09979 | −0.140% | $152.1M | $269.3M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09991 | −0.023% | $413K | $4.8M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09993 | +0.002% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0050% | 1h | 0.09978 | −0.147% | $224K | $44K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0070% | 1h | 0.09994 | +0.008% | $602K | $117K | 25x | as long as short |
| Gate DOGE_USDT | +0.0076% | 8h | 0.09984 | −0.090% | $240.5M | $127.3M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09997 | +0.036% | $791K | $5.5M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.09986 | −0.070% | $2K | $390K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09989 | −0.035% | $514K | $975K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09992 | −0.005% | $4.9M | $45.6M | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Gate DOGE_USDT
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09989 | −0.045% | $333K | $510K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09988 | −0.047% | $316.7M | $1.37B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09986 | −0.070% | $157.0M | $431.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09988 | −0.050% | $108.8M | $946.0M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09993 | 0.000% | $31K | $80K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1001 | +0.145% | $383K | $12K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09988 | −0.050% | $111.7M | $221.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09988 | −0.050% | $65.7M | $41.9M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09985 | −0.080% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1001 | +0.184% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09998 | +0.049% | $274K | $119.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1001 | +0.211% | $636K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1001 | +0.170% | $147K | $250K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09987 | −0.060% | $257K | $557K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09994 | +0.010% | $73K | $433K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09993 | 0.000% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09993 | −0.002% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09990 | −0.030% | $2K | $3.6M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09989 | −0.042% | $6.0M | $51.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09992 | −0.010% | $92.4M | $19.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09984 | −0.090% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09990 | −0.033% | $527K | $3.7M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09990 | −0.029% | $19K | — | 3x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0105% | 1h | 0.09989 | −0.039% | $5.9M | $33.3M | 50x | as long as short |
| Reya DOGERUSDPERP | +0.0179% | 1h | 0.09992 | −0.012% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDTlong | +0.0220% | 8h | 0.09993 | long leg | $15.4M | $25.2M | 75x | |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.09994 | +0.009% | $528 | $4K | 10x | as long as short |
| Phoenix DOGE | +0.0239% | 1h | 0.1001 | +0.136% | $67K | $281K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09995 | +0.020% | $2.0M | $24.1M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0247% / S −0.0273% | 1h | 0.09994 | +0.009% | $315K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0366% | 1h | 0.09998 | +0.050% | $534K | $965K | 15x | as long as short |
| RISEx DOGE/USDC | +0.0708% | 1h | 0.09996 | +0.027% | $313K | $474K | 10x | as long as short |
| Hyperliquid DOGEshort | +0.0889% | 1h | 0.1000 | +0.090% | $117.5M | $89.2M | 10x | |
| Injective DOGE/USDC PERP | +0.1039% | 1h | 0.1003 | +0.370% | $5K | $239K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
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
Kraken Futures PF_DOGEUSD
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Phoenix DOGE
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Backpack DOGE_USDC_PERP
RISEx DOGE/USDC
Injective DOGE/USDC PERP