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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.148%
Price spread now: HTX against Hyperliquid−0.072%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$270.274% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.126%−$13 on $10k
Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.072%, 7d avg −0.041%
Together, before fees−0.099%+ Points / potential airdropHyperliquid: Season 2 · farm board−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.031% cheaper against Hyperliquid than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid DOGE0.099120.0100pay 0.0013% / 1h20m 16s$123.4M$117.2M10x
ShortHTX DOGE-USDT0.099050.0100get 0.0100% / 8h20m 16s$5.8M$69.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Hyperliquid. 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
$0
Price spread: −0.072% → −0.041%
−$3.07
Slippage, 4 orders
−$6.41
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee HTX: 6 bp × 2 orders
−$12
Net
−$30.47
Costs to cover
0.274%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 4 min ago; HTX: live order book, 4 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 Hyperliquid live order book, 4 min ago1.11 bp6.4 bp −$69.1 bp −$91doesn't fitdoesn't fit
Sell HTX live order book, 4 min ago0.05 bp8.5 bp −$913.3 bp −$13335.4 bp −$3,540doesn'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
Kraken Futures PF_DOGEUSD−0.0060%1h0.09903−0.085%$5.5M$40.9M50xas long as short
dYdX DOGE-USD0.0000%1h0.09893−0.193%$222K$63K10xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09899−0.126%$579K$6.6M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09903−0.089%$35K150xas long as short
Bitget DOGEUSDT+0.0007%8h0.09898−0.138%$140.4M$347.7M75xas long as short
Polymarket Perps DOGE-USD+0.0023%1h0.09898−0.141%$258K$1.2M10xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.238%$6K$242K12xas long as short
Lighter DOGE+0.0096%1h0.099120.000%$828K$6.9M15xas long as short
Nado DOGE-PERP+0.0100%1h0.09897−0.143%$535K$1.1M10xas long as short
Hyperliquid DOGElong+0.0100%1h0.09912long leg$123.4M$117.2M10x
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster DOGEUSDT+0.0100%8h0.09905−0.068%$4.5M$59.7M75xas long as short
Pacifica DOGE+0.0100%1h0.09897−0.150%$321K$509K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09906−0.058%$327.2M$1.73B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.09899−0.128%$163.9M$526.3M75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09906−0.058%$115.1M$1.20B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09903−0.088%$16K$311K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09914+0.023%$379K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.09896−0.158%$248.9M$158.1M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.09906−0.058%$117.1M$259.1M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.09903−0.088%$66.1M$50.0M75xas long as short
BingX DOGE-USDC+0.0100%8h0.09901−0.108%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09906−0.058%$302K$1.3M15xas long as short
Variational Omni DOGE+0.0100%8h0.09880−0.322%$1.0M$8.7Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09892−0.197%$300K$139.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09892−0.200%$623K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09890−0.219%$141K$345K25xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09900−0.118%$71K$473K50xas long as short
Derive DOGE-PERP+0.0100%1h0.09900−0.116%$18K$7K10xas long as short
SunX DOGE-USDT+0.0100%8h0.09901−0.104%$35K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09904−0.078%$2K$5.5M10xas long as short
HTX DOGE-USDTshort+0.0100%8h0.09905−0.072%$5.8M$69.1M75x
Phemex DOGEUSDT+0.0100%8h0.09905−0.068%$90.6M$16.9M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09899−0.129%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09896−0.155%$485K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09903−0.093%$19K3xas long as short
Katana Perps DOGE-USD+0.0106%8h0.09898−0.138%$827$542K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0144%1h0.09906−0.060%$569K$257K25xas long as short
Phoenix DOGE+0.0160%1h0.09907−0.046%$18K$382K10xas long as short
Reya DOGERUSDPERP+0.0200%1h0.09896−0.156%$2K20xas long as short
Coinbase International DOGE-PERP-INTX+0.0216%1h0.09906−0.058%$1.9M$35.0M50xas long as short
BloFin DOGE-USDT+0.0220%8h0.09890−0.219%$15.4M$26.8M75xas long as short
01 Exchange DOGEUSD+0.0240%1h0.09908−0.036%$441$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0250% / S −0.0297%1h0.09902−0.096%$312K200xas long as short
RISEx DOGE/USDC+0.0731%1h0.09909−0.023%$404K$461K10xas long as short