Funding you earn now, next payment 07:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h +0.148%
Price spread now: Hyperliquid against edgeX−0.250%66s7-day average +0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$280.275% of the position
Funding, last 7 days+0.125%+$12 on $10k
+Price spread, last 7 days+0.283%+$28 · spread now −0.250%, 7d avg +0.081%
=Together, before fees+0.408%+ Points / potential airdropedgeX: Active · Hyperliquid: Season 2 · farm board+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.331% cheaper against edgeX than usual: you would sell low and buy high (spread −0.250% now, against its 7-day average of +0.081%). If the spread goes back, that is −$33 on $10k: about 2 months of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.125% in total) that is about 19 days. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX DOGEUSDC | 0.09996 | 0.0100 | pay 0.0050% / 4h | 1h 34m | $303K | $140.2M | 20x |
| Short | Hyperliquid DOGE | 0.09971 | 0.0118 | get 0.0015% / 1h | 34m 29s | $123.8M | $116.3M | 10x |
edgeX DOGEUSDC
Hyperliquid DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against edgeX. 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
- $3.84
- Price spread: −0.250% → +0.081%
- −$33.05
- Slippage, 4 orders
- −$9.5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$56.72
- Costs to cover
- 0.275%
- Break-even
- 110.4 days
Slippage from edgeX: live order book, 5 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 edgeX live order book, 5 min ago | 2.00 bp | 6.5 bp −$7 | 6.9 bp −$69 | 14.0 bp −$1,402 | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 0.95 bp | 5.8 bp −$6 | 6.9 bp −$69 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0083% | 1h | 0.09974 | −0.220% | $5.6M | $40.5M | 50x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09966 | −0.299% | $224K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09975 | −0.212% | $610K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09967 | −0.296% | $34K | — | 150x | as long as short |
| Polymarket Perps DOGE-USD | +0.0019% | 1h | 0.09957 | −0.397% | $265K | $1.2M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.340% | $6K | $242K | 12x | as long as short |
| Bitget DOGEUSDT | +0.0067% | 8h | 0.09953 | −0.432% | $141.9M | $344.0M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.1000 | +0.067% | $18K | $382K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09978 | −0.185% | $850K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09958 | −0.377% | $538K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Polymarket Perps DOGE-USD
Injective DOGE/USDC PERP
Bitget DOGEUSDT
Phoenix DOGE
Lighter DOGE
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09967 | −0.296% | $4.5M | $58.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09972 | −0.244% | $319K | $501K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09968 | −0.286% | $327.3M | $1.71B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09965 | −0.312% | $165.1M | $520.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09969 | −0.272% | $117.5M | $1.20B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09965 | −0.310% | $383K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09964 | −0.322% | $248.8M | $155.9M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09966 | −0.302% | $110.4M | $257.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09964 | −0.322% | $66.3M | $50.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09966 | −0.302% | — | $80.9M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09972 | −0.242% | $303K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09967 | −0.294% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDClong | +0.0100% | 4h | 0.09996 | long leg | $303K | $140.2M | 20x | |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09998 | +0.018% | $638K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1000 | +0.038% | $150K | $337K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09968 | −0.282% | $66K | $467K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09967 | −0.295% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09971 | −0.247% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09972 | −0.242% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09968 | −0.285% | $5.9M | $68.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09974 | −0.222% | $91.6M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09961 | −0.356% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09958 | −0.380% | $486K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09973 | −0.236% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0109% | 8h | 0.09964 | −0.322% | $2K | $533K | 10x | as long as short |
| Hyperliquid DOGEshort | +0.0118% | 1h | 0.09971 | −0.250% | $123.8M | $116.3M | 10x | |
| Reya DOGERUSDPERP | +0.0197% | 1h | 0.09960 | −0.364% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09978 | −0.182% | $16.2M | $27.0M | 75x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0221% | 1h | 0.09974 | −0.218% | $572K | $252K | 25x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09976 | −0.202% | $1.9M | $34.8M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09970 | −0.267% | $314K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0256% | 1h | 0.09971 | −0.252% | $443 | $4K | 10x | as long as short |
| Arcus DOGE-USD | +0.0387% | 1h | 0.09966 | −0.302% | $23K | $304K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0626% | 1h | 0.09972 | −0.242% | $402K | $454K | 10x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
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
Katana Perps DOGE-USD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Deribit DOGE_USDC-PERPETUAL
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Arcus DOGE-USD
RISEx DOGE/USDC