DOGE

Alert

Funding spread now, next payment 17:00 UTC+0.0468%/8h

next payment, per $10,000+$0.58paid, last 24h+0.036%paid, last 7 days+0.058%to open and close $10k−$34

Long on Kraken Futures Short on Hyperliquid

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.058% in total (about 3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.58 per $10,000. 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	Kraken Futures PF_DOGEUSD	0.09613	0.0141	pay 0.0018% / 1h	15m 41s	$6.2M	$23.1M	50x
Short	Hyperliquid DOGE	0.09622	0.0609	get 0.0076% / 1h	15m 41s	$100.6M	$49.1M	10x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee HyperliquidbpOrdersRate

Funding earned: $98.24
Slippage, 4 orders: −$15.31
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $63.93
Break-even: 2.4 days

Slippage from Kraken Futures: live order book, 5 min ago; Hyperliquid: live order book, 10 min ago.

Price risk

price view

Price gap now: +0.091%
Avg gap 7d: +0.061%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Kraken Futures live order book, 5 min ago	0.52 bp	12.0 bp −$12	14.0 bp −$140	29.0 bp −$2,899	164.0 bp −$82.0K
Sell Hyperliquid live order book, 10 min ago	0.05 bp	5.4 bp −$5	7.2 bp −$72	doesn't fit	doesn't fit

DOGE on 43 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Injective DOGE/USDC PERP	−0.0861%	1h	$15K	$94K	12x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	$497K	$3.1M	2.8x	as long as short
gTrade (Gains Network) DOGE/USD	L +0.0001% / S −0.0001%	1h	$36K	—	150x	as long as short
Gate DOGE_USDT	+0.0018%	8h	$225.5M	$105.4M	75x	as long as short
dYdX DOGE-USD	+0.0068%	1h	$217K	$44K	10x	as long as short
Phoenix DOGE	+0.0082%	1h	$13K	$178K	10x	as long as short
Lighter DOGE	+0.0096%	1h	$815K	$4.1M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	$1K	$202K	10x	as long as short
Nado DOGE-PERP	+0.0100%	1h	$653K	$587K	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	$4.8M	$31.1M	75x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Pacifica DOGE	+0.0100%	1h	$376K	$451K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	$294.2M	$1.04B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	$144.8M	$323.8M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	$99.4M	$726.5M	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	$21K	$54K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	$368K	$23K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	$115.5M	$140.5M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	$64.1M	$31.5M	75x	as long as short
Bitget DOGEUSDT	+0.0100%	8h	$151.3M	$222.6M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	—	$3.4M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	$494K	$719K	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	$1.2M	$5.1M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	$263K	$90.3M	20x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	$122K	$181K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	$288K	$418K	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	$68K	$286K	50x	as long as short
Derive DOGE-PERP	+0.0100%	1h	$24K	$1K	10x	as long as short
SunX DOGE-USDT	+0.0100%	8h	$34K	$2.1M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	$799	$1.7M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	$5.8M	$36.2M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	$89.9M	$22.1M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	$19K	$2K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	$626K	$3.2M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	$18K	—	3x	as long as short
Kraken Futures PF_DOGEUSDlong	+0.0141%	1h	$6.2M	$23.1M	50x
Reya DOGERUSDPERP	+0.0161%	1h	$2K	—	20x	as long as short
01 Exchange DOGEUSD	+0.0168%	1h	$392	$9K	10x	as long as short
Deribit DOGE_USDC-PERPETUAL	+0.0187%	1h	$606K	$71K	25x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0192%	1h	$2.0M	$15.4M	50x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	$14.4M	$15.1M	75x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0239% / S −0.0257%	1h	$292K	—	200x	as long as short
Hyperliquid DOGEshort	+0.0609%	1h	$100.6M	$49.1M	10x
RISEx DOGE/USDC	+0.0611%	1h	$303K	$403K	10x	as long as short