All DOGE pairs

DOGE funding carry: Bybit vs Hyperliquid

Entering and exiting this pair costs 2E+1 bps of notional at taker fees (7 bps at maker). Funding has to pay that back before the trade is worth anything — here is how long that takes.

Right now

This pair is not in the ranking right now: at current funding it does not clear the round-trip cost above. That is the normal state — a pair is worth trading only in the windows where funding pays more than the entry.

Last 30 days

Above its costs
16.4% of the time
Net APY when above costs
17.88%
Net APY when below costs
-2.13%
Best single hour
109.25%

Measured on 421 hours of ranking we recorded ourselves.

Round-trip cost

Venue Taker Maker Perp instrument
Bybit 5.5 2 DOGEUSDT
Hyperliquid 4.5 1.5 DOGE

Other DOGE pairs

How long funding takes to repay the entry

At a given gross funding APR, this is how many hours you must hold before the position has paid back entry and exit. Below that, a positive APR is still a loss.

Gross funding APR Taker in / out Maker in / out
5% 350h (14d) 123h (5d)
10% 175h (7d) 61h (2d)
20% 88h (3d) 31h
50% 35h 12h