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

DOGE

all DOGE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0200%/8h= +21.9% APRnext payment +$0.25 per $10,000 · paid last 24h +0.017%
Price spread now: RISEx against Hyperliquid+0.063%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$280.280% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.209%+$21 on $10k
Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.063%, 7d avg −0.027%
Together, before fees+0.102%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and RISEx is 0.091% dearer against Hyperliquid than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid DOGE0.10280.0528pay 0.0066% / 1h25m 36s$128.2M$110.1M10x
ShortRISEx DOGE/USDC0.10290.0728get 0.0091% / 1h25m 36s$415K$428K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$41.97
Price spread: +0.063% → −0.027%
$9.05
Slippage, 4 orders
−$12.96
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee RISEx: 3 bp × 2 orders
−$6
Net
$23.07
Costs to cover
0.280%
Break-even
3.2 days
Slippage from Hyperliquid: live order book, 8 min ago; RISEx: live order book, 28 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, 8 min ago0.48 bp7.0 bp −$79.5 bp −$95doesn't fitdoesn't fit
Sell RISEx live order book, 28 min ago4.26 bp7.3 bp −$720.7 bp −$207doesn't fitdoesn'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
Kalshi KXDOGEPERP0.0000%8h0.1028−0.035%$709K$6.3M2.8xas long as short
gTrade (Gains Network) DOGE/USDL +0.0001% / S 0.0000%1h0.1027−0.130%$24K150xas long as short
dYdX DOGE-USD+0.0015%1h0.1028−0.024%$231K$70K10xas long as short
Bitget DOGEUSDT+0.0055%8h0.1027−0.058%$134.1M$315.4M75xas long as short
Lighter DOGE+0.0096%1h0.1027−0.063%$725K$6.4M15xas long as short
Nado DOGE-PERP+0.0100%1h0.1027−0.058%$557K$1.1M10xas long as short
Aster DOGEUSDT+0.0100%8h0.1027−0.083%$4.9M$54.3M75xas long as short
Pacifica DOGE+0.0100%1h0.1027−0.073%$329K$518K20xas long as short
Binance DOGEUSDT+0.0100%8h0.1028+0.005%$340.6M$1.61B75xas long as short
Bybit DOGEUSDT+0.0100%8h0.10280.000%$168.9M$495.9M75xas long as short
Show all 44 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX DOGE-USDT-SWAP+0.0100%8h0.1028+0.010%$117.4M$1.15B50xas long as short
Bulk DOGE-USD+0.0100%1h0.1046+1.777%$402K$16K10xas long as short
Gate DOGE_USDT+0.0100%8h0.1027−0.058%$254.0M$145.0M75xas long as short
MEXC DOGE_USDT+0.0100%8h0.1028−0.019%$116.0M$243.8M300xas long as short
KuCoin DOGEUSDTM+0.0100%8h0.1028−0.010%$67.5M$48.1M75xas long as short
BingX DOGE-USDC+0.0100%8h0.1028−0.039%$3.5Mas long as short
Backpack DOGE_USDC_PERP+0.0100%1h0.1027−0.117%$342K$1.2M15xas long as short
Variational Omni DOGE+0.0100%8h0.1026−0.189%$1.1M$8.4Mas long as short
edgeX DOGEUSDC+0.0100%4h0.1038+0.985%$331K$135.3M20xas long as short
GRVT DOGE_USDT_Perp+0.0100%8h0.1038+0.986%$656K$4.5M10xas long as short
ApeX Omni DOGEUSDT+0.0100%1h0.1039+1.070%$155K$327K25xas long as short
Polymarket Perps DOGE-USD+0.0100%1h0.1027−0.136%$259K$974K10xas long as short
Orderly PERP_DOGE_USDC+0.0100%8h0.1027−0.058%$69K$467K50xas long as short
Derive DOGE-PERP+0.0100%1h0.1027−0.059%$25K$1K10xas long as short
SunX DOGE-USDT+0.0100%8h0.1028−0.030%$36K$2.3M30xas long as short
SoDEX DOGE-USD+0.0100%1h0.1028−0.039%$2K$5.0M10xas long as short
HTX DOGE-USDT+0.0100%8h0.1027−0.096%$6.1M$65.1M75xas long as short
Phemex DOGEUSDT+0.0100%8h0.1027−0.049%$94.5M$17.2M50xas long as short
Paradex DOGE-USD-PERP+0.0100%8h0.1027−0.109%$18K$7K30xas long as short
Extended DOGE-USD+0.0104%1h0.1027−0.082%$497K$4.1M50xas long as short
Aevo DOGE-PERP+0.0104%1h0.1028−0.047%$20K3xas long as short
Katana Perps DOGE-USD+0.0122%8h0.1027−0.068%$2K$496K10xas long as short
Reya DOGERUSDPERP+0.0192%1h0.1026−0.146%$2K20xas long as short
BloFin DOGE-USDT+0.0220%8h0.1030+0.224%$16.7M$27.2M75xas long as short
Phoenix DOGE+0.0235%1h0.1032+0.400%$19K$292K10xas long as short
Deribit DOGE_USDC-PERPETUAL+0.0237%1h0.1028−0.027%$583K$247K25xas long as short
Kraken Futures PF_DOGEUSD+0.0245%1h0.1027−0.069%$5.5M$38.7M50xas long as short
01 Exchange DOGEUSD+0.0256%1h0.1029+0.051%$457$4K10xas long as short
GMX DOGE/USD [ETH-USDC]L +0.0256% / S −0.0309%1h0.1026−0.151%$331K200xas long as short
Coinbase International DOGE-PERP-INTX+0.0304%1h0.1028−0.039%$2.0M$33.0M50xas long as short
Hyperliquid DOGElong+0.0528%1h0.1028long leg$128.2M$110.1M10x
Arcus DOGE-USD+0.0634%1h0.1029+0.097%$112K$200K10xas long as short
RISEx DOGE/USDCshort+0.0728%1h0.1029+0.063%$415K$428K10x
Injective DOGE/USDC PERP+0.1062%1h0.1053+2.432%$6K$242K12xas long as short