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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h −0.143%
Price spread now: KuCoin against Hyperliquid−0.080%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$350.347% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.185%−$18 on $10k
Price spread, last 7 days+0.085%+$8 · spread now −0.080%, 7d avg −0.052%
Together, before fees−0.100%+ Points / potential airdropHyperliquid: Season 2 · farm board−$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and KuCoin is 0.028% cheaper against Hyperliquid than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.052%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid DOGE0.098680.0111pay 0.0014% / 1h57m 02s$122.5M$108.6M10x
ShortKuCoin DOGEUSDTM0.098600.0100get 0.0100% / 8h5h 57m$65.2M$45.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$2.25
Price spread: −0.080% → −0.052%
−$2.79
Slippage, 4 orders
−$13.7
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$39.73
Costs to cover
0.347%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; KuCoin: live order book, 5 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, 10 min ago0.41 bp6.4 bp −$67.8 bp −$78doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago1.52 bp10.3 bp −$1016.4 bp −$16443.8 bp −$4,379doesn't fit

DOGE on 43 exchanges

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−0.0139%1h0.09863−0.052%$5.3M$39.8M50xas long as short
Bitget DOGEUSDT−0.0038%8h0.09853−0.151%$139.5M$305.9M75xas long as short
Kalshi KXDOGEPERP0.0000%8h0.09860−0.082%$529K$6.3M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.09859−0.094%$33K150xas long as short
Bybit DOGEUSDT+0.0025%8h0.09854−0.141%$166.1M$494.6M75xas long as short
Gate DOGE_USDT+0.0033%8h0.09857−0.110%$253.7M$143.6M75xas long as short
Injective DOGE/USDC PERP+0.0033%1h0.1053+6.710%$6K$240K12xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0044%1h0.09863−0.050%$552K$293K25xas long as short
Lighter DOGE+0.0096%1h0.09868+0.002%$815K$6.4M15xas long as short
Katana Perps DOGE-USD+0.0100%8h0.09862−0.060%$2K$541K10xas long as short
Show all 43 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado DOGE-PERP+0.0100%1h0.09856−0.116%$510K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.09861−0.068%$4.9M$57.2M75xas long as short
Pacifica DOGE+0.0100%1h0.09861−0.072%$315K$457K20xas long as short
Binance DOGEUSDT+0.0100%8h0.09861−0.070%$325.5M$1.60B75xas long as short
OKX DOGE-USDT-SWAP+0.0100%8h0.09861−0.070%$118.4M$1.10B50xas long as short
Arcus DOGE-USD+0.0100%1h0.09864−0.040%$17K$306K10xas long as short
Bulk DOGE-USD+0.0100%1h0.09869+0.012%$377K$2K10xas long as short
MEXC DOGE_USDT+0.0100%8h0.09861−0.070%$113.6M$247.2M300xas long as short
KuCoin DOGEUSDTMshort+0.0100%8h0.09860−0.080%$65.2M$45.6M75x
BingX DOGE-USDC+0.0100%8h0.09859−0.090%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.09860−0.080%$312K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.09851−0.169%$1.3M$7.8Mas long as short
edgeX DOGEUSDC+0.0100%4h0.09857−0.115%$265K$132.8M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.09868+0.001%$629K$3.8M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.09870+0.021%$139K$344K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.09853−0.149%$243K$1.2M10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.09862−0.060%$68K$414K50xas long as short
SunX DOGE-USDT+0.0100%8h0.09868−0.002%$35K$1.9M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.09861−0.070%$2K$5.4M10xas long as short
HTX DOGE-USDT+0.0100%8h0.09864−0.036%$5.9M$65.0M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.09862−0.060%$89.9M$15.4M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.09863−0.054%$18K$5K30xas long as short
Extended DOGE-USD+0.0104%1h0.09855−0.128%$482K$3.7M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.09860−0.084%$19K3xas long as short
Hyperliquid DOGElong+0.0111%1h0.09868long leg$122.5M$108.6M10x
01 Exchange DOGEUSD+0.0160%1h0.09862−0.064%$454$4K10xas long as short
Phoenix DOGE+0.0161%1h0.09864−0.037%$18K$311K10xas long as short
Reya DOGERUSDPERP+0.0206%1h0.09853−0.147%$2K20xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0211% / S −0.0184%1h0.09860−0.085%$286K200xas long as short
BloFin DOGE-USDT+0.0220%8h0.09861−0.070%$15.4M$25.7M75xas long as short
Coinbase International DOGE-PERP-INTX+0.0264%1h0.09867−0.009%$2.2M$33.1M50xas long as short
RISEx DOGE/USDC+0.0587%1h0.09867−0.014%$409K$412K10xas long as short
dYdX DOGE-USD+0.0670%1h0.09861−0.074%$232K$67K10xas long as short