Funding you earn now, next payment 00:00 UTC−0.0788%/8h= −86.2% APRpaid last 24h −0.114%
Price spread now: SunX against Hyperliquid−0.111%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$560.557% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 3 days (all we have)+0.102%+$10 · spread now −0.111%, 7d avg −0.032%
=Together, before fees+0.015%+ Points / potential airdropHyperliquid: Season 2 · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and SunX is 0.079% cheaper against Hyperliquid than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.032%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.087% 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 | Hyperliquid DOGE | 0.09994 | 0.0888 | pay 0.0111% / 1h | 26m 12s | $117.4M | $89.2M | 10x |
| Short | SunX DOGE-USDT | 0.09983 | 0.0100 | get 0.0100% / 8h | 26m 12s | $35K | $2.2M | 30x |
Hyperliquid DOGE
SunX DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$165.39
- Price spread: −0.111% → −0.032%
- −$7.89
- Slippage, 4 orders
- −$38.66
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$228.94
- Costs to cover
- 0.557%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; SunX: live order book, 10 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, 8 min ago | 1.00 bp | 5.5 bp −$5 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 min ago | 15.95 bp | 24.6 bp −$25 | 31.7 bp −$317 | 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 | 0.09970 | −0.239% | $152.0M | $269.3M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09986 | −0.076% | $413K | $4.8M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09980 | −0.142% | $601K | $117K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09978 | −0.156% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0049% | 1h | 0.09980 | −0.140% | $224K | $44K | 10x | as long as short |
| Gate DOGE_USDT | +0.0076% | 8h | 0.09976 | −0.179% | $240.4M | $127.3M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09980 | −0.141% | $790K | $5.5M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.09979 | −0.149% | $2K | $390K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09981 | −0.129% | $514K | $975K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09978 | −0.161% | $4.9M | $45.6M | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
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 | 0.09984 | −0.098% | $333K | $510K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09980 | −0.142% | $316.4M | $1.37B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09977 | −0.169% | $157.0M | $431.3M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09981 | −0.129% | $108.7M | $945.6M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09988 | −0.059% | $31K | $80K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1001 | +0.136% | $383K | $12K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09980 | −0.139% | $111.9M | $221.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09981 | −0.129% | $65.6M | $41.9M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09979 | −0.149% | — | $75.7M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09978 | −0.156% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09998 | +0.040% | $274K | $119.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1001 | +0.202% | $636K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1001 | +0.161% | $147K | $250K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09974 | −0.195% | $256K | $557K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09978 | −0.159% | $73K | $433K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09976 | −0.179% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDTshort | +0.0100% | 8h | 0.09983 | −0.111% | $35K | $2.2M | 30x | |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09978 | −0.159% | $2K | $3.6M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09975 | −0.192% | $6.0M | $51.7M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09980 | −0.139% | $92.3M | $19.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09980 | −0.142% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09975 | −0.187% | $525K | $3.7M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09979 | −0.149% | $19K | — | 3x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0105% | 1h | 0.09976 | −0.183% | $5.9M | $33.4M | 50x | as long as short |
| Reya DOGERUSDPERP | +0.0179% | 1h | 0.09979 | −0.152% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09993 | −0.009% | $15.4M | $25.2M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.09986 | −0.083% | $527 | $4K | 10x | as long as short |
| Phoenix DOGE | +0.0239% | 1h | 0.1001 | +0.127% | $67K | $281K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09981 | −0.129% | $2.0M | $24.1M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0273% | 1h | 0.09978 | −0.155% | $314K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0366% | 1h | 0.09998 | +0.041% | $534K | $965K | 15x | as long as short |
| RISEx DOGE/USDC | +0.0708% | 1h | 0.09989 | −0.054% | $313K | $474K | 10x | as long as short |
| Hyperliquid DOGElong | +0.0888% | 1h | 0.09994 | long leg | $117.4M | $89.2M | 10x | |
| Injective DOGE/USDC PERP | +0.1039% | 1h | 0.1003 | +0.361% | $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-USDT
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
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Kraken Futures PF_DOGEUSD
Reya DOGERUSDPERP
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