Settings8H · net · $10k
Funding arb · Price arb /

DOGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.12 per $10,000 · paid last 24h +0.128%
Price spread now: Hyperliquid against Reya+0.091%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropReya: Active · Hyperliquid: Season 2 · farm boardneeds both histories
The price spread pays, funding is against you. Hyperliquid is 0.091% dearer against Reya than usual: you sell high and buy low (spread +0.091% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongReya DOGERUSDPERP0.099130.0200pay 0.0025% / 1h19m 03s$2K20x
ShortHyperliquid DOGE0.099220.0100get 0.0013% / 1h19m 03s$123.6M$117.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Reya. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$21
Price spread: +0.091% → 0.000%
$9.06
Slippage, 4 orders
no order book: not counted
Fee Reya: 3 bp × 2 orders
−$6
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$26.94
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Reya: no order-book sample; Hyperliquid: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Reya no order-book sample
Sell Hyperliquid live order book, 5 min ago1.11 bp5.6 bp −$65.8 bp −$58doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_DOGEUSD−0.0060%1h0.09918+0.047%$5.5M$40.9M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09914+0.009%$579K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09914+0.008%$35K150xas long as short
dYdX DOGE-USD+0.0003%1h0.09910−0.025%$223K$63K10xas long as short
Bitget DOGEUSDT+0.0006%8h0.09906−0.069%$140.4M$347.8M75xas long as short
Polymarket Perps DOGE-USD+0.0027%1h0.09909−0.035%$258K$1.2M10xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.226%$6K$242K12xas long as short
Lighter DOGE+0.0096%1h0.09922+0.091%$829K$6.9M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09914+0.012%$536K$1.1M10xas long as short
Hyperliquid DOGEshort+0.0100%1h0.09922+0.091%$123.6M$117.3M10x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09915+0.018%$4.5M$59.7M75xas long as short
Pacifica DOGE+0.0100%1h0.09910−0.027%$322K$509K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09914+0.012%$327.6M$1.73B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09910−0.028%$163.9M$526.1M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09914+0.012%$115.3M$1.20B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09915+0.022%$16K$311K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09918+0.056%$379K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09911−0.018%$249.0M$158.2M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09916+0.032%$117.1M$259.2M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09917+0.042%$66.2M$50.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09909−0.039%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09915+0.022%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09880−0.333%$1.0M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09892−0.209%$300K$139.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09890−0.230%$626K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09890−0.230%$141K$345K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09915+0.022%$71K$473K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09900−0.128%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09914+0.016%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09917+0.042%$2K$5.5M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09911−0.021%$5.9M$69.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09914+0.012%$90.7M$16.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09911−0.017%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09910−0.029%$485K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09917+0.046%$19K3xas long as short
Katana Perps DOGE-USD+0.0106%8h0.09912−0.008%$828$542K10xas long as short
Phoenix DOGE+0.0160%1h0.09902−0.114%$18K$382K10xas long as short
Reya DOGERUSDPERPlong+0.0200%1h0.09913long leg$2K20x
Deribit DOGE_USDC-PERPETUAL+0.0214%1h0.09920+0.071%$570K$258K25xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.09915+0.022%$1.9M$35.0M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09920+0.072%$15.5M$26.9M75xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0235% / S −0.0245%1h0.09912−0.008%$277K200xas long as short
01 Exchange DOGEUSD+0.0240%1h0.09923+0.107%$441$4K10xas long as short
RISEx DOGE/USDC+0.0731%1h0.09922+0.096%$404K$461K10xas long as short