Funding you earn now, next payment 02:00 UTC−0.0584%/8h= −63.9% APRpaid last 24h −0.131%
Price spread now: Paradex against Hyperliquid+0.076%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Paradex: Active · farm boardneeds both histories
The price spread pays, funding is against you. Paradex is 0.076% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.076% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DOGE | 0.1003 | 0.0691 | pay 0.0086% / 1h | 4m 10s | $122.6M | $98.8M | 10x |
| Short | Paradex DOGE-USD-PERP | 0.1004 | 0.0107 | get 0.0107% / 8h | 6h 04m | $18K | $6K | 30x |
Hyperliquid DOGE
Paradex DOGE-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Hyperliquid. 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
- −$122.64
- Price spread: +0.076% → 0.000%
- $7.64
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$128.01
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 10 min ago; Paradex: no order-book sample. Net counts fees only.
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 Hyperliquid live order book, 10 min ago | 1.10 bp | 6.7 bp −$7 | 8.4 bp −$84 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
DOGE on 43 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 DOGEUSDT | −0.0095% | 8h | 0.1002 | −0.189% | $151.7M | $273.1M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1004 | +0.094% | $396K | $5.0M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1002 | −0.131% | $599K | $118K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1003 | −0.048% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0010% | 1h | 0.1004 | +0.060% | $225K | $49K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0066% | 1h | 0.1002 | −0.132% | $5.8M | $34.6M | 50x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1003 | −0.024% | $826K | $6.1M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.1004 | +0.060% | $1K | $428K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1004 | +0.080% | $537K | $987K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1003 | −0.046% | $4.7M | $48.2M | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Kraken Futures PF_DOGEUSD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.1005 | +0.128% | $330K | $503K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1003 | −0.083% | $319.3M | $1.43B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1002 | −0.110% | $159.7M | $437.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1003 | −0.080% | $111.3M | $986.4M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1006 | +0.239% | $129K | $178K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1002 | −0.182% | $384K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1002 | −0.130% | $243.2M | $133.5M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1002 | −0.110% | $114.2M | $232.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1002 | −0.130% | $66.3M | $43.1M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1002 | −0.120% | — | $76.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1002 | −0.130% | $345K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1002 | −0.182% | $999K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09999 | −0.348% | $294K | $129.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09943 | −0.909% | $631K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1000 | −0.339% | $146K | $272K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1004 | +0.040% | $257K | $645K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1002 | −0.130% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1002 | −0.139% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1004 | +0.100% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1002 | −0.140% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1003 | −0.013% | $5.9M | $55.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1002 | −0.140% | $92.3M | $16.8M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1002 | −0.172% | $563K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1002 | −0.131% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERPshort | +0.0107% | 8h | 0.1004 | +0.076% | $18K | $6K | 30x | |
| Reya DOGERUSDPERP | +0.0185% | 1h | 0.1004 | +0.052% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0216% | 1h | 0.1005 | +0.131% | $536 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1003 | −0.070% | $2.3M | $25.8M | 50x | as long as short |
| Phoenix DOGE | +0.0241% | 1h | 0.09990 | −0.438% | $65K | $284K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0267% | 1h | 0.1003 | −0.055% | $313K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0563% | 1h | 0.1005 | +0.154% | $405K | $367K | 10x | as long as short |
| Hyperliquid DOGElong | +0.0691% | 1h | 0.1003 | long leg | $122.6M | $98.8M | 10x | |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.1006 | +0.259% | $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
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Injective DOGE/USDC PERP