Funding you earn now, next payment 03:00 UTC−0.0681%/8h= −74.5% APRnext payment −$0.85 per $10,000 · paid last 24h 0.000%
Price spread now: ApeX Omni against Arcus+0.321%7-day average +0.030% · 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−$15as in the Price arb table
costs, in and out, $10k−$440.441% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.321%, 7d avg +0.030%
=The price spread pays, funding is against you. ApeX Omni is 0.291% dearer against Arcus than usual: you sell high and buy low (spread +0.321% now, against its 7-day average of +0.030%): +$29 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 4 days (0.000% in total) that is about years.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.000% in total (about -0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.85 per $10,000. 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 | Arcus DOGE-USD | 0.09978 | 0.0781 | pay 0.0098% / 1h | 38m 56s | $128K | $179K | 10x |
| Short | ApeX Omni DOGEUSDT | 0.1001 | 0.0100 | get 0.0013% / 1h | 38m 56s | $146K | $277K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Arcus. 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
- −$142.91
- Price spread: +0.321% → +0.030%
- $29.08
- Slippage, 4 orders
- −$29.64
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$157.98
- Costs to cover
- 0.441%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 20 min ago; ApeX Omni: live order book, 23 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 Arcus live order book, 20 min ago | 3.00 bp | 6.3 bp −$6 | 13.7 bp −$137 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 23 min ago | 5.00 bp | 19.8 bp −$20 | 54.2 bp −$542 | 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 | −0.0093% | 8h | 0.09950 | −0.281% | $150.7M | $273.7M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09965 | −0.130% | $224K | $49K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09973 | −0.054% | $443K | $5.1M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09953 | −0.254% | $24K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0021% | 1h | 0.09953 | −0.249% | $595K | $118K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09959 | −0.191% | $802K | $6.1M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09963 | −0.150% | $900 | $436K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09966 | −0.120% | $531K | $991K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09961 | −0.169% | $4.7M | $48.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09973 | −0.048% | $328K | $483K | 20x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.09963 | −0.151% | $319.3M | $1.44B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09975 | −0.030% | $160.5M | $440.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09979 | +0.010% | $111.3M | $987.3M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09995 | +0.168% | $383K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09955 | −0.231% | $242.8M | $132.0M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09962 | −0.160% | $112.7M | $230.0M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09957 | −0.210% | $65.9M | $43.3M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09966 | −0.120% | — | $76.2M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09954 | −0.241% | $328K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09971 | −0.075% | $997K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09974 | −0.041% | $297K | $129.5M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1001 | +0.316% | $629K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDTshort | +0.0100% | 1h | 0.1001 | +0.321% | $146K | $277K | 25x | |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09960 | −0.180% | $255K | $731K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09953 | −0.251% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09951 | −0.266% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09955 | −0.233% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09952 | −0.261% | $2K | $3.9M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09951 | −0.270% | $5.9M | $56.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09955 | −0.231% | $91.7M | $16.7M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0104% | 8h | 0.09968 | −0.102% | $18K | $6K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09956 | −0.223% | $541K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09953 | −0.251% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0186% | 1h | 0.09962 | −0.159% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0208% | 1h | 0.09970 | −0.079% | $531 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09951 | −0.271% | $15.6M | $25.1M | 75x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09990 | +0.117% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0267% | 1h | 0.09952 | −0.257% | $310K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.09963 | −0.150% | $2.3M | $26.0M | 50x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0307% | 1h | 0.09950 | −0.282% | $5.7M | $35.1M | 50x | as long as short |
| Hyperliquid DOGE | +0.0440% | 1h | 0.09968 | −0.098% | $121.7M | $99.5M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0747% | 1h | 0.09972 | −0.060% | $401K | $368K | 10x | as long as short |
| Arcus DOGE-USDlong | +0.0781% | 1h | 0.09978 | long leg | $128K | $179K | 10x | |
| Injective DOGE/USDC PERP | +0.1072% | 1h | 0.1002 | +0.421% | $5K | $239K | 12x | as long as short |
ApeX Omni DOGEUSDT
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Katana Perps DOGE-USD
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-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
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
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP