Funding you earn now, next payment 01:00 UTC+0.0973%/8h= +106.6% APRpaid last 24h +0.154%
Price spread now: Hyperliquid against Bitget+0.183%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$300.295% of the position
Funding, last 7 days+0.200%+$20 on $10k
+Price spread, last 7 days−0.143%−$14 · spread now +0.183%, 7d avg +0.070%
=Together, before fees+0.057%+ Points / potential airdropHyperliquid: Season 2 · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Hyperliquid is 0.113% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.070%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.200% in total (about 10.4% 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 | Bitget DOGEUSDT | 0.1013 | −0.0171 | get 0.0171% / 8h | 7h 14m | $154.0M | $271.3M | 75x |
| Short | Hyperliquid DOGE | 0.1015 | 0.0802 | get 0.0100% / 1h | 14m 59s | $123.7M | $95.4M | 10x |
Bitget DOGEUSDT
Hyperliquid DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bitget. 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
- $204.37
- Price spread: +0.183% → +0.070%
- $11.29
- Slippage, 4 orders
- −$8.51
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $186.15
- Costs to cover
- 0.295%
- Break-even
- 0.6 days
Slippage from Bitget: live order book, 4 min ago; Hyperliquid: live order book, 9 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 Bitget live order book, 4 min ago | 0.50 bp | 8.7 bp −$9 | 11.4 bp −$114 | 29.6 bp −$2,959 | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 0.99 bp | 5.5 bp −$5 | 7.2 bp −$72 | 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 DOGEUSDTlong | −0.0171% | 8h | 0.1013 | long leg | $154.0M | $271.3M | 75x | |
| Kraken Futures PF_DOGEUSD | −0.0076% | 1h | 0.1014 | +0.076% | $6.1M | $33.9M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1015 | +0.106% | $421K | $4.8M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1015 | +0.105% | $610K | $121K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1014 | +0.067% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0013% | 1h | 0.1015 | +0.121% | $228K | $44K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1015 | +0.144% | $801K | $5.9M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1014 | +0.059% | $847 | $418K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1015 | +0.150% | $520K | $973K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1015 | +0.102% | $5.1M | $46.6M | 75x | as long as short |
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
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 | 0.1015 | +0.118% | $338K | $511K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1015 | +0.106% | $322.8M | $1.40B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1014 | +0.099% | $161.1M | $438.8M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1014 | +0.099% | $112.1M | $978.4M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1015 | +0.109% | $28K | $82K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1003 | −1.017% | $384K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1014 | +0.030% | $246.7M | $130.6M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1015 | +0.109% | $113.9M | $225.6M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1014 | +0.089% | $66.5M | $42.5M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1014 | +0.049% | — | $76.1M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1014 | +0.089% | $368K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1010 | −0.307% | $994K | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1007 | −0.594% | $266K | $124.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1007 | −0.622% | $638K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1008 | −0.543% | $148K | $269K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1015 | +0.109% | $270K | $635K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1014 | +0.089% | $74K | $424K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1014 | +0.077% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1015 | +0.154% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1014 | +0.079% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1014 | +0.043% | $6.1M | $52.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1014 | +0.079% | $93.6M | $17.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1014 | +0.070% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1014 | +0.057% | $534K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1015 | +0.113% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0176% | 1h | 0.1014 | +0.086% | $536 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0182% | 1h | 0.1015 | +0.112% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1014 | +0.049% | $15.5M | $25.8M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1014 | +0.069% | $2.0M | $25.2M | 50x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1011 | −0.241% | $66K | $283K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0247% / S −0.0272% | 1h | 0.1014 | +0.075% | $319K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0701% | 1h | 0.1015 | +0.121% | $328K | $404K | 10x | as long as short |
| Hyperliquid DOGEshort | +0.0802% | 1h | 0.1015 | +0.183% | $123.7M | $95.4M | 10x | |
| Injective DOGE/USDC PERP | +0.0973% | 1h | 0.1018 | +0.444% | $5K | $239K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
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
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Injective DOGE/USDC PERP