Funding you earn now, next payment 03:00 UTC+0.0417%/8h= +45.6% APRpaid last 24h +0.138%
Price spread now: Hyperliquid against KuCoin+0.047%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$300.304% of the position
Funding, last 7 days+0.175%+$18 on $10k
+Price spread, last 7 days−0.046%−$5 · spread now +0.047%, 7d avg +0.050%
=Together, before fees+0.130%+ Points / potential airdropHyperliquid: Season 2 · farm board+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.050%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.175% in total (about 9.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin DOGEUSDTM | 0.09946 | 0.0100 | pay 0.0100% / 8h | 5h 09m | $65.8M | $43.4M | 75x |
| Short | Hyperliquid DOGE | 0.09951 | 0.0517 | get 0.0065% / 1h | 9m 49s | $121.3M | $99.4M | 10x |
KuCoin DOGEUSDTM
Hyperliquid DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against KuCoin. 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
- $87.48
- Price spread: +0.047% → +0.050%
- −$0.26
- Slippage, 4 orders
- −$9.37
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $56.84
- Costs to cover
- 0.304%
- Break-even
- 2.5 days
Slippage from KuCoin: live order book, 9 min ago; Hyperliquid: live order book, 4 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 KuCoin live order book, 9 min ago | 1.00 bp | 8.5 bp −$8 | 16.2 bp −$162 | 41.7 bp −$4,169 | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 0.55 bp | 5.7 bp −$6 | 7.2 bp −$72 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0075% | 8h | 0.09934 | −0.121% | $150.3M | $274.2M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09958 | +0.121% | $224K | $49K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09952 | +0.061% | $430K | $5.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09945 | −0.006% | $24K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0021% | 1h | 0.09949 | +0.032% | $594K | $118K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09955 | +0.094% | $771K | $6.2M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09965 | +0.191% | $900 | $444K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09947 | +0.008% | $4.7M | $48.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09960 | +0.146% | $327K | $483K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09943 | −0.030% | $318.2M | $1.44B | 75x | as long as short |
Bitget DOGEUSDT
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Katana Perps DOGE-USD
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09942 | −0.040% | $160.1M | $441.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09944 | −0.020% | $110.9M | $987.7M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09966 | +0.201% | $382K | $0 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09939 | −0.070% | $242.9M | $133.9M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09941 | −0.050% | $111.6M | $231.6M | 300x | as long as short |
| KuCoin DOGEUSDTMlong | +0.0100% | 8h | 0.09946 | long leg | $65.8M | $43.4M | 75x | |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09942 | −0.040% | — | $76.3M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09945 | −0.010% | $326K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09931 | −0.155% | $982K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09943 | −0.027% | $296K | $128.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09934 | −0.121% | $627K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09940 | −0.060% | $145K | $281K | 25x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09956 | +0.096% | $534K | $997K | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09959 | +0.135% | $251K | $742K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09948 | +0.020% | $70K | $438K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09946 | −0.005% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09953 | +0.067% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09950 | +0.040% | $2K | $3.9M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09953 | +0.065% | $6.0M | $56.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09948 | +0.020% | $91.5M | $16.6M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0102% | 8h | 0.09960 | +0.138% | $18K | $6K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09939 | −0.071% | $499K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09945 | −0.008% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0187% | 1h | 0.09947 | +0.009% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0216% | 1h | 0.09965 | +0.191% | $531 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09948 | +0.020% | $15.6M | $25.1M | 75x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09930 | −0.157% | $64K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0269% | 1h | 0.09945 | −0.014% | $312K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.09953 | +0.070% | $2.3M | $26.4M | 50x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0307% | 1h | 0.09949 | +0.032% | $5.7M | $35.3M | 50x | as long as short |
| Hyperliquid DOGEshort | +0.0517% | 1h | 0.09951 | +0.047% | $121.3M | $99.4M | 10x | |
| RISEx DOGE/USDC | +0.0747% | 1h | 0.09973 | +0.276% | $403K | $388K | 10x | as long as short |
| Arcus DOGE-USD | +0.0781% | 1h | 0.09978 | +0.322% | $128K | $179K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1072% | 1h | 0.09960 | +0.141% | $5K | $239K | 12x | as long as short |
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Nado DOGE-PERP
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Kraken Futures PF_DOGEUSD
RISEx DOGE/USDC
Arcus DOGE-USD
Injective DOGE/USDC PERP