Funding you earn now, next payment 04:00 UTC−0.0590%/8h= −64.6% APRnext payment −$0.74 per $10,000 · paid last 24h −0.009%
Price spread now: Polymarket Perps against Arcus−0.186%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$210.207% of the position
Funding, last 4 days (all we have)−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.315%+$32 · spread now −0.186%, 7d avg −0.024%
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Polymarket Perps is 0.162% cheaper against Arcus than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.013% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.74 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 | 0.1021 | 0.0690 | pay 0.0086% / 1h | 1m 16s | $111K | $199K | 10x |
| Short | Polymarket Perps DOGE-USD | 0.1019 | 0.0100 | get 0.0013% / 1h | 1m 16s | $264K | $877K | 10x |
Arcus DOGE-USD
Polymarket Perps DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$123.96
- Price spread: −0.186% → −0.024%
- −$16.23
- Slippage, 4 orders
- −$8.18
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$160.87
- Costs to cover
- 0.207%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 53 min ago; Polymarket Perps: live order book, 57 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, 53 min ago | 2.02 bp | 4.5 bp −$4 | 13.7 bp −$137 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 57 min ago | 0.05 bp | 4.1 bp −$4 | 5.3 bp −$53 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0031% | 1h | 0.1021 | −0.037% | $5.8M | $36.0M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0023% | 8h | 0.1019 | −0.176% | $153.7M | $279.1M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1017 | −0.351% | $480K | $5.5M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1019 | −0.160% | $27K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0010% | 1h | 0.1020 | −0.127% | $229K | $48K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1021 | +0.001% | $755K | $6.3M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1019 | −0.206% | $922 | $470K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1020 | −0.122% | $539K | $1.0M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1020 | −0.091% | $4.7M | $50.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1019 | −0.192% | $330K | $484K | 20x | as long as short |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.1021 | −0.026% | $333.4M | $1.50B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1019 | −0.176% | $168.7M | $455.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1019 | −0.176% | $116.9M | $1.05B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1005 | −1.578% | $386K | $859 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1019 | −0.137% | $250.9M | $136.8M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1020 | −0.118% | $116.5M | $237.8M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1020 | −0.108% | $68.1M | $44.5M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1020 | −0.127% | — | $77.0M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1014 | −0.695% | $322K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1006 | −1.442% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1009 | −1.126% | $306K | $132.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1011 | −0.978% | $639K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1011 | −0.970% | $147K | $292K | 25x | as long as short |
| Polymarket Perps DOGE-USDshort | +0.0100% | 1h | 0.1019 | −0.186% | $264K | $877K | 10x | |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1019 | −0.176% | $71K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1019 | −0.193% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1020 | −0.076% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1020 | −0.049% | $2K | $4.2M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1021 | +0.010% | $6.1M | $59.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1021 | −0.029% | $93.8M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1017 | −0.359% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1019 | −0.141% | $500K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1019 | −0.167% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0190% | 1h | 0.1019 | −0.154% | $2K | — | 20x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0192% | 1h | 0.1019 | −0.174% | $609K | $119K | 25x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1021 | +0.010% | $16.2M | $26.0M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.1020 | −0.056% | $544 | $4K | 10x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.1006 | −1.479% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0247% / S −0.0267% | 1h | 0.1019 | −0.157% | $317K | — | 200x | as long as short |
| Hyperliquid DOGE | +0.0276% | 1h | 0.1020 | −0.078% | $125.0M | $102.7M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0296% | 1h | 0.1021 | −0.039% | $2.1M | $28.8M | 50x | as long as short |
| Arcus DOGE-USDlong | +0.0690% | 1h | 0.1021 | long leg | $111K | $199K | 10x | |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.1020 | −0.078% | $413K | $416K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.1015 | −0.578% | $5K | $239K | 12x | as long as short |
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
ApeX Omni DOGEUSDT
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
Deribit DOGE_USDC-PERPETUAL
BloFin DOGE-USDT
01 Exchange DOGEUSD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Hyperliquid DOGE
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC
Injective DOGE/USDC PERP