Funding you earn now, next payment 23:00 UTC−0.0307%/8h= −33.6% APRpaid last 24h −0.108%
Price spread now: BingX against Hyperliquid−0.119%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$270.267% of the position
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 7 days+0.072%+$7 · spread now −0.119%, 7d avg −0.101%
=Together, before fees−0.052%+ Points / potential airdropHyperliquid: Season 2 · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.101%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.124% in total (about -6.5% 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 | Hyperliquid DOGE | 0.09982 | 0.0407 | pay 0.0051% / 1h | 30m 21s | $110.1M | $82.4M | 10x |
| Short | BingX DOGE-USDC | 0.09970 | 0.0100 | get 0.0100% / 8h | 1h 30m | — | $3.4M | — |
Hyperliquid DOGE
BingX DOGE-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Hyperliquid. 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
- −$64.46
- Price spread: −0.119% → −0.101%
- −$1.84
- Slippage, 4 orders
- −$7.7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$93.01
- Costs to cover
- 0.267%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; BingX: live order book, 5 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 Hyperliquid live order book, 4 min ago | 0.50 bp | 5.0 bp −$5 | 6.9 bp −$69 | doesn't fit | doesn't fit |
| Sell BingX live order book, 5 min ago | 1.00 bp | 7.5 bp −$8 | 14.5 bp −$145 | 34.6 bp −$3,465 | 111.5 bp −$55.8K |
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 | −0.0268% | 8h | 0.09972 | −0.099% | $152.2M | $265.7M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09982 | 0.000% | $415K | $4.7M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09977 | −0.047% | $32K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0008% | 1h | 0.09973 | −0.087% | $224K | $44K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0071% | 1h | 0.09973 | −0.090% | $604K | $109K | 25x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.1003 | +0.528% | $19K | $222K | 10x | as long as short |
| Gate DOGE_USDT | +0.0089% | 8h | 0.09974 | −0.079% | $239.7M | $123.4M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09976 | −0.061% | $780K | $5.4M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0096% | 8h | 0.09971 | −0.109% | $2K | $366K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09970 | −0.119% | $567K | $851K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Phoenix DOGE
Gate DOGE_USDT
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09972 | −0.097% | $5.1M | $43.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09975 | −0.074% | $334K | $503K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09980 | −0.018% | $318.4M | $1.32B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09977 | −0.049% | $159.6M | $417.3M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09982 | +0.001% | $108.7M | $922.4M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09976 | −0.059% | $28K | $76K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09966 | −0.162% | $382K | $14K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09978 | −0.039% | $109.2M | $216.6M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09972 | −0.099% | $65.0M | $40.2M | 75x | as long as short |
| BingX DOGE-USDCshort | +0.0100% | 8h | 0.09970 | −0.119% | — | $3.4M | — | |
| Variational Omni DOGE | +0.0100% | 8h | 0.09974 | −0.077% | $947K | $8.0M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1002 | +0.431% | $279K | $115.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1006 | +0.833% | $634K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1002 | +0.382% | $147K | $244K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09970 | −0.120% | $266K | $540K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09979 | −0.029% | $73K | $432K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09979 | −0.031% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09984 | +0.020% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09972 | −0.099% | $2K | $3.6M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09971 | −0.112% | $6.0M | $50.0M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09966 | −0.159% | $92.3M | $19.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.09975 | −0.069% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09973 | −0.087% | $552K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09982 | +0.001% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0176% | 1h | 0.09973 | −0.088% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.09977 | −0.050% | $527 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.09973 | −0.089% | $2.0M | $23.3M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09973 | −0.089% | $15.4M | $24.8M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0270% | 1h | 0.09978 | −0.042% | $312K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0365% | 1h | 0.09974 | −0.078% | $5.9M | $32.7M | 50x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0383% | 1h | 0.09973 | −0.089% | $533K | $952K | 15x | as long as short |
| Hyperliquid DOGElong | +0.0407% | 1h | 0.09982 | long leg | $110.1M | $82.4M | 10x | |
| RISEx DOGE/USDC | +0.0702% | 1h | 0.09979 | −0.028% | $313K | $477K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0966% | 1h | 0.1002 | +0.382% | $5K | $207K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
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
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Backpack DOGE_USDC_PERP
RISEx DOGE/USDC
Injective DOGE/USDC PERP