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 − costs—under 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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid DOGE | 0.1028 | 0.0528 | pay 0.0066% / 1h | 25m 36s | $128.2M | $110.1M | 10x |
| Short | RISEx DOGE/USDC | 0.1029 | 0.0728 | get 0.0091% / 1h | 25m 36s | $415K | $428K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 8 min ago | 0.48 bp | 7.0 bp −$7 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 28 min ago | 4.26 bp | 7.3 bp −$7 | 20.7 bp −$207 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1028 | −0.035% | $709K | $6.3M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1027 | −0.130% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0015% | 1h | 0.1028 | −0.024% | $231K | $70K | 10x | as long as short |
| Bitget DOGEUSDT | +0.0055% | 8h | 0.1027 | −0.058% | $134.1M | $315.4M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1027 | −0.063% | $725K | $6.4M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1027 | −0.058% | $557K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1027 | −0.083% | $4.9M | $54.3M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1027 | −0.073% | $329K | $518K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1028 | +0.005% | $340.6M | $1.61B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1028 | 0.000% | $168.9M | $495.9M | 75x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1028 | +0.010% | $117.4M | $1.15B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1046 | +1.777% | $402K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1027 | −0.058% | $254.0M | $145.0M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1028 | −0.019% | $116.0M | $243.8M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1028 | −0.010% | $67.5M | $48.1M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1028 | −0.039% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1027 | −0.117% | $342K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1026 | −0.189% | $1.1M | $8.4M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1038 | +0.985% | $331K | $135.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1038 | +0.986% | $656K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1039 | +1.070% | $155K | $327K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1027 | −0.136% | $259K | $974K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1027 | −0.058% | $69K | $467K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1027 | −0.059% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1028 | −0.030% | $36K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1028 | −0.039% | $2K | $5.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1027 | −0.096% | $6.1M | $65.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1027 | −0.049% | $94.5M | $17.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1027 | −0.109% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1027 | −0.082% | $497K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1028 | −0.047% | $20K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0122% | 8h | 0.1027 | −0.068% | $2K | $496K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0192% | 1h | 0.1026 | −0.146% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1030 | +0.224% | $16.7M | $27.2M | 75x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1032 | +0.400% | $19K | $292K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0237% | 1h | 0.1028 | −0.027% | $583K | $247K | 25x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0245% | 1h | 0.1027 | −0.069% | $5.5M | $38.7M | 50x | as long as short |
| 01 Exchange DOGEUSD | +0.0256% | 1h | 0.1029 | +0.051% | $457 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0256% / S −0.0309% | 1h | 0.1026 | −0.151% | $331K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1028 | −0.039% | $2.0M | $33.0M | 50x | as long as short |
| Hyperliquid DOGElong | +0.0528% | 1h | 0.1028 | long leg | $128.2M | $110.1M | 10x | |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1029 | +0.097% | $112K | $200K | 10x | as long as short |
| RISEx DOGE/USDCshort | +0.0728% | 1h | 0.1029 | +0.063% | $415K | $428K | 10x | |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | +2.432% | $6K | $242K | 12x | as long as short |
Hyperliquid DOGE
RISEx DOGE/USDC
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Bitget DOGEUSDT
Lighter DOGE
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-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Katana Perps DOGE-USD
BloFin DOGE-USDT
Phoenix DOGE
Deribit DOGE_USDC-PERPETUAL
Kraken Futures PF_DOGEUSD
01 Exchange DOGEUSD
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Injective DOGE/USDC PERP