Funding you earn now, next payment 00:00 UTC−0.0704%/8h= −77.0% APRnext payment −$0.88 per $10,000 · paid last 24h −0.100%
Price spread now: Reya against Hyperliquid−0.120%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Reya: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Reya is 0.120% cheaper against Hyperliquid than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DOGE | 0.09974 | 0.0883 | pay 0.0110% / 1h | 23m 13s | $116.5M | $89.6M | 10x |
| Short | Reya DOGERUSDPERP | 0.09962 | 0.0179 | get 0.0022% / 1h | 23m 13s | $2K | — | 20x |
Hyperliquid DOGE
Reya DOGERUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$147.75
- Price spread: −0.120% → 0.000%
- −$11.99
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$174.75
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 11 min ago; Reya: no order-book sample. Net counts fees only.
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, 11 min ago | 1.00 bp | 5.5 bp −$5 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0236% | 8h | 0.09960 | −0.139% | $151.8M | $269.5M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09962 | −0.120% | $412K | $4.8M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09962 | −0.122% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0051% | 1h | 0.09967 | −0.069% | $224K | $44K | 10x | as long as short |
| Gate DOGE_USDT | +0.0073% | 8h | 0.09959 | −0.149% | $240.0M | $127.5M | 75x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0091% | 1h | 0.09970 | −0.043% | $600K | $117K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09978 | +0.038% | $793K | $5.5M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.09959 | −0.149% | $962 | $390K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09961 | −0.129% | $511K | $976K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09965 | −0.093% | $4.8M | $45.7M | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Gate DOGE_USDT
Deribit DOGE_USDC-PERPETUAL
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 | 0.09965 | −0.087% | $332K | $510K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09973 | −0.011% | $316.2M | $1.37B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09974 | +0.001% | $157.4M | $432.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09976 | +0.021% | $108.7M | $947.2M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09966 | −0.079% | $31K | $80K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1001 | +0.337% | $383K | $12K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09963 | −0.109% | $111.0M | $221.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09961 | −0.129% | $65.5M | $41.9M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09962 | −0.119% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09978 | +0.045% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09977 | +0.034% | $273K | $119.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09994 | +0.205% | $635K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09970 | −0.039% | $146K | $250K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09957 | −0.165% | $256K | $556K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09966 | −0.079% | $72K | $433K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09964 | −0.102% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09965 | −0.091% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09969 | −0.049% | $2K | $3.6M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09970 | −0.043% | $6.0M | $51.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09974 | +0.001% | $92.2M | $19.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09965 | −0.092% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09964 | −0.103% | $525K | $3.7M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09966 | −0.075% | $19K | — | 3x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0105% | 1h | 0.09971 | −0.027% | $5.9M | $33.4M | 50x | as long as short |
| Reya DOGERUSDPERPshort | +0.0179% | 1h | 0.09962 | −0.120% | $2K | — | 20x | |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09970 | −0.039% | $15.3M | $25.2M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.09967 | −0.072% | $526 | $4K | 10x | as long as short |
| Phoenix DOGE | +0.0239% | 1h | 0.09984 | +0.100% | $67K | $281K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09968 | −0.059% | $2.0M | $24.1M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0273% | 1h | 0.09961 | −0.129% | $314K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0366% | 1h | 0.09958 | −0.159% | $532K | $968K | 15x | as long as short |
| RISEx DOGE/USDC | +0.0708% | 1h | 0.09967 | −0.068% | $312K | $474K | 10x | as long as short |
| Hyperliquid DOGElong | +0.0883% | 1h | 0.09974 | long leg | $116.5M | $89.6M | 10x | |
| Injective DOGE/USDC PERP | +0.1039% | 1h | 0.1001 | +0.362% | $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
BloFin DOGE-USDT
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