Funding Rates › Funding rate heatmap › DOGE funding rate
Dogecoin (DOGE) Funding Rate
Dogecoin funding is dominated by retail sentiment and social-media-driven leverage rather than hedging flows.
Live cross-venue comparison — 2026-10-20T09:50:55.415Z UTC · 11 venues
As of 2026-10-20 09:50 UTC, DOGE funding ranged from -0.0128% to 0.0100% per 8h across 10 venues (median 0.0050%).
Positive = longs pay shorts (red). Negative = shorts pay longs (green).
Dogecoin (DOGE) funding summary
Dogecoin (DOGE) is listed on 11 venues in the latest snapshot (2026-10-20T09:50:55.415Z UTC). 7 of 10 venues positive (longs pay), 1 negative (shorts pay), 2 at zero.
- Venues listing
- 1110 used in statistics
- Median 8h rate
- 0.0050%5.5116% APR
- Highest 8h rate
- 0.0100%Hyperliquid · 10.9500% APR
- Lowest 8h rate
- -0.0128%Bybit · -13.9952% APR
- Max spread (8h)
- 0.0228%24.9452% APR-equivalent
- Positive / negative
- 7 / 12 at zero
Statistics use one value per venue (the median if a venue lists several contracts), skip closed markets, GMX (pool-skew funding with a separate borrowing fee) and LeverUp markets routed to Hyperliquid (they would double count Hyperliquid). Every row is still shown in the table below.
Dogecoin (DOGE) funding rates by venue
Every DOGE market in the latest snapshot, highest 8h rate first. Rate per interval is the amount paid at each settlement; 1h, 8h and APR are normalised so venues with different intervals compare directly. See the Hyperliquid funding rates page for core and HIP-3 markets.
| Venue | Venue symbol | Rate / interval | 1h | 8h | APR | Interval | Next funding | Mark price | Market open |
|---|---|---|---|---|---|---|---|---|---|
| GMX | DOGE/USD [ETH-USDC] | 0.0020% | 0.0020% | 0.0158% | 17.3484% | 1h | — | — | open |
| Hyperliquid | DOGE | 0.0013% | 0.0013% | 0.0100% | 10.9500% | 1h | in 6m | $0.07881 | open |
| OKX | DOGE-USDT-SWAP | 0.0100% | 0.0013% | 0.0100% | 10.9500% | 8h | in 14h | — | open |
| edgeX | DOGEUSDC | 0.0050% | 0.0013% | 0.0100% | 10.9500% | 4h | — | — | open |
| Lighter | DOGE | 0.0010% | 0.0010% | 0.0080% | 8.7600% | 1h | — | — | open |
| Aster | DOGEUSDT | 0.0072% | 0.0009% | 0.0072% | 7.9015% | 8h | in 6h | — | open |
| Paradex | DOGE-USD-PERP | 0.0059% | 0.0007% | 0.0059% | 6.4679% | 8h | — | — | open |
| Binance | DOGE | 0.0042% | 0.0005% | 0.0042% | 4.5552% | 8h | in 6h | — | open |
| dYdX | DOGE-USD | 0.0000% | 0.0000% | 0.0000% | 0.0000% | 1h | in 6m | $0.07875 | open |
| Aster | DOGEUSD | 0.0000% | 0.0000% | 0.0000% | 0.0000% | 8h | in 6h | — | open |
| LeverUp (pool) | DOGE | 0.0000% | 0.0000% | 0.0000% | 0.0000% | 1h | — | — | open |
| Bybit | DOGE | -0.0128% | -0.0016% | -0.0128% | -13.9952% | 8h | in 6h | — | open |
What does Dogecoin (DOGE) funding cost?
Worked example for a $10,000 long held for 1 day and 7 days, using each rate from the table above as if it stayed constant (it will not). Funding is charged on notional, not margin.
| Scenario | 8h rate | 1 day | 7 days |
|---|---|---|---|
| Median (10 venues) | 0.0050% | $1.51 paid | $10.57 paid |
| Highest: Hyperliquid | 0.0100% | $3.00 paid | $21.00 paid |
| Lowest: Bybit | -0.0128% | $3.83 received | $26.84 received |
Cross-venue spread idea
In principle a trader could go long where funding is lowest (Bybit) and short where it is highest (Hyperliquid) and collect the difference. At the current rates, $10,000 on each side would be a net $6.83 received per day before costs.
Caveat: this is an illustration, not advice. Real results depend on trading fees, price basis between the two contracts, different settlement intervals (a rate can change before you are paid), margin on both venues, liquidation risk on either leg, and funding changing sign. The funding rate arbitrage scanner ranks these gaps across every asset and explains the risks.
Try your own size and hold time in the funding rate calculator with DOGE preselected. To estimate liquidation price and margin for the same position, use the Crypto Leverage Calculator. To compare how much leverage different perp venues offer on volatile coins, see 1000xleverage.com.
Dogecoin (DOGE) funding history
Rolling hourly summary of the cross-venue 8h rate (median across venues, plus the lowest and highest venue reading in each sample). History is still building (3 hourly samples since 2026-10-20 07:00 UTC), so the 24h and 7d rows cover less than their full window.
| Window | Samples | Avg median 8h | Lowest venue 8h | Highest venue 8h | Avg median APR |
|---|---|---|---|---|---|
| Last 24h | 3 | 0.0071% | -0.0058% | 0.0100% | 7.8096% |
| Last 7d | 3 | 0.0071% | -0.0058% | 0.0100% | 7.8096% |
What drives Dogecoin (DOGE) funding rates
Dogecoin is the oldest and most liquid memecoin, and its perps are heavily retail traded. That makes DOGE funding one of the clearest read-outs of speculative leverage among large-cap coins: when attention and excitement rise, funding tends to rise with it as traders pile into leveraged longs, and when sentiment sours the rate can drop quickly.
News and social-media moments are the classic catalyst. Statements from prominent figures, exchange listings of related products and broad memecoin rallies can all produce sudden spikes in open interest and funding. Because those moves are sentiment-driven rather than carry-driven, they can reverse just as quickly, so extreme funding on DOGE is often followed by liquidation-driven volatility.
Basis traders do operate in DOGE, but the market is less hedged than Bitcoin's. A positive funding rate is therefore a more direct measure of how much extra leverage longs are willing to pay for. It also means the gap between the highest- and lowest-funding venue can be wide, and our spread statistics show how wide at the moment.
Costs add up fast at high leverage: funding is charged on notional, so a modest-looking rate becomes a large share of margin on a heavily levered position. The worked example below shows the dollar cost on a fixed notional so you can scale it to your own position.
Where DOGE is listed
DOGE is listed on the major centralised exchanges and on the leading on-chain perp venues. Some venues quote it in USDT and others in USDC or USD, which can add small differences to funding.
LeverUp also lists DOGE: its on-chain pool market charges a funding rate plus a per-side holding fee, so long and short costs differ. Trade DOGE on LeverUp.
What to watch
What to watch: funding that jumps together with social-media attention and open interest. Extreme readings often precede sharp liquidation-driven moves, and the hourly venues will show the change before the 8-hour ones do.
Dogecoin (DOGE) funding rate FAQ
What is the current DOGE funding rate?
At 2026-10-20T09:50:55.415Z UTC the median DOGE funding rate across 10 venues is 0.0050% per 8 hours (5.5116% APR), ranging from -0.0128% on Bybit to 0.0100% on Hyperliquid. Positive means longs pay shorts.
Why is Dogecoin funding so sensitive to sentiment?
DOGE perps are mostly traded speculatively by retail participants, so funding reflects leverage appetite directly with little hedging flow to dampen it.
Does high DOGE funding predict a price drop?
No guarantee. Very high funding signals crowded longs, which raises liquidation risk, but memecoin rallies can continue while funding stays elevated.
How much does it cost to hold a leveraged DOGE long?
Funding is charged on position notional. See the worked example on this page for the dollar cost on a $10,000 position at current rates.