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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h +0.143%
Price spread now: Hyperliquid against Aster+0.005%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$220.221% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.177%+$18 on $10k
Price spread, last 7 days+0.001%$0 · spread now +0.005%, 7d avg +0.043%
Together, before fees+0.177%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.038% cheaper against Aster than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.043%). If the spread goes back, that is −$4 on $10k: about 17 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.177% in total) that is about 37 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster DOGEUSDT0.098770.0100pay 0.0100% / 8h4h 51m$4.5M$48.9M75x
ShortHyperliquid DOGE0.098780.0280get 0.0035% / 1h51m 54s$120.3M$99.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Aster. 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
$37.77
Price spread: +0.005% → +0.043%
−$3.84
Slippage, 4 orders
−$5.14
Fee Aster: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$11.8
Costs to cover
0.221%
Break-even
4.8 days
Slippage from Aster: live order book, 2 min ago; Hyperliquid: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 2 min ago1.01 bp5.0 bp −$55.3 bp −$5312.8 bp −$1,283doesn't fit
Sell Hyperliquid live order book, 12 min ago0.10 bp5.2 bp −$56.8 bp −$68doesn't fitdoesn't fit

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
Bitget DOGEUSDT−0.0063%8h0.09862−0.155%$149.0M$274.6M75xas long as short
Kraken Futures PF_DOGEUSD−0.0032%1h0.09873−0.048%$5.7M$35.4M50xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09899+0.219%$429K$5.2M2.8xas long as short
Deribit DOGE_USDC-PERPETUAL0.0000%1h0.09880+0.024%$590K$118K25xas long as short
dYdX DOGE-USD+0.0001%1h0.09891+0.136%$222K$49K10xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09880+0.027%$23K150xas long as short
Polymarket Perps DOGE-USD+0.0041%1h0.09878+0.012%$252K$812K10xas long as short
Lighter DOGE+0.0096%1h0.09880+0.027%$745K$6.2M15xas long as short
Katana Perps DOGE-USD+0.0099%8h0.09883+0.058%$893$446K10xas long as short
Nado DOGE-PERP+0.0100%1h0.09882+0.043%$526K$1.0M10xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDTlong+0.0100%8h0.09877long leg$4.5M$48.9M75x
Pacifica DOGE+0.0100%1h0.09900+0.226%$321K$482K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09867−0.104%$315.2M$1.45B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09869−0.084%$158.9M$442.0M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09870−0.074%$110.1M$983.7M50xas long as short
Bulk DOGE-USD+0.0100%1h0.09930+0.534%$381K$010xas long as short
Gate DOGE_USDT+0.0100%8h0.09860−0.175%$241.1M$132.7M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09866−0.114%$110.8M$233.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09867−0.104%$65.2M$43.4M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09874−0.033%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09870−0.074%$310K$1.1M15xas long as short
Variational Omni DOGE+0.0100%8h0.09912+0.350%$973K$8.2Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09913+0.366%$294K$129.0M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09883+0.062%$622K$4.4M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09870−0.074%$143K$282K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09880+0.027%$69K$437K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09878+0.007%$24K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09895+0.180%$35K$2.2M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09878+0.007%$2K$4.0M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09873−0.040%$5.9M$56.9M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09875−0.023%$90.8M$16.6M50xas long as short
Paradex DOGE-USD-PERP+0.0101%8h0.09891+0.134%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.09867−0.106%$495K$4.0M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09880+0.026%$19K3xas long as short
Reya DOGERUSDPERP+0.0188%1h0.09886+0.086%$2K20xas long as short
01 Exchange DOGEUSD+0.0192%1h0.09886+0.087%$527$4K10xas long as short
BloFin DOGE-USDT+0.0220%8h0.09921+0.442%$15.6M$25.1M75xas long as short
Phoenix DOGE+0.0242%1h0.09913+0.360%$64K$288K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0246% / S −0.0269%1h0.09880+0.027%$309K200xas long as short
Hyperliquid DOGEshort+0.0280%1h0.09878+0.005%$120.3M$99.9M10x
Coinbase International DOGE-PERP-INTX+0.0296%1h0.09895+0.179%$2.3M$26.5M50xas long as short
Arcus DOGE-USD+0.0690%1h0.09894+0.169%$117K$189K10xas long as short
RISEx DOGE/USDC+0.0695%1h0.09888+0.109%$399K$411K10xas long as short
Injective DOGE/USDC PERP+0.1004%1h0.09940+0.635%$5K$239K12xas long as short