Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.027%
Price spread now: Aster against Backpack−0.004%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$230.226% of the position
Funding, last 7 days−0.065%−$7 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now −0.004%, 7d avg +0.020%
=Together, before fees−0.093%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.024% cheaper against Backpack than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack DOGE_USDC_PERP | 0.1046 | 0.0100 | pay 0.0013% / 1h | 34m 02s | $352K | $1.2M | 15x |
| Short | Aster DOGEUSDT | 0.1046 | 0.0100 | get 0.0100% / 8h | 3h 34m | $5.0M | $53.9M | 75x |
Backpack DOGE_USDC_PERP
Aster DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Backpack. 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
- $0
- Price spread: −0.004% → +0.020%
- −$2.42
- Slippage, 4 orders
- −$4.6
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$25.02
- Costs to cover
- 0.226%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 5 min ago; Aster: live order book, 5 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 Backpack live order book, 5 min ago | 0.47 bp | 5.9 bp −$6 | 24.4 bp −$244 | doesn't fit | doesn't fit |
| Sell Aster live order book, 5 min ago | 1.42 bp | 5.4 bp −$5 | 6.3 bp −$63 | 13.0 bp −$1,298 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX DOGE-USD | 0.0000% | 1h | 0.1047 | +0.109% | $235K | $70K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1049 | +0.276% | $743K | $6.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1046 | +0.032% | $25K | — | 150x | as long as short |
| Bitget DOGEUSDT | +0.0035% | 8h | 0.1046 | −0.038% | $137.8M | $313.5M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1047 | +0.045% | $742K | $6.4M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1047 | +0.119% | $568K | $1.1M | 10x | as long as short |
| Aster DOGEUSDTshort | +0.0100% | 8h | 0.1046 | −0.004% | $5.0M | $53.9M | 75x | |
| Pacifica DOGE | +0.0100% | 1h | 0.1048 | +0.224% | $338K | $514K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1047 | +0.044% | $348.4M | $1.59B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1046 | −0.019% | $174.0M | $491.4M | 75x | as long as short |
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Bitget DOGEUSDT
Lighter DOGE
Nado DOGE-PERP
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1046 | −0.019% | $119.7M | $1.16B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1048 | +0.214% | $403K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1046 | 0.000% | $259.2M | $143.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1046 | 0.000% | $118.6M | $241.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1046 | +0.029% | $69.0M | $47.8M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1046 | 0.000% | — | $79.2M | — | as long as short |
| Backpack DOGE_USDC_PERPlong | +0.0100% | 1h | 0.1046 | long leg | $352K | $1.2M | 15x | |
| Variational Omni DOGE | +0.0100% | 8h | 0.1048 | +0.159% | $1.2M | $8.4M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1053 | +0.668% | $336K | $134.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1049 | +0.249% | $662K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1053 | +0.660% | $154K | $324K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1047 | +0.048% | $268K | $934K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1046 | −0.010% | $74K | $446K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1046 | −0.028% | $26K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1047 | +0.113% | $37K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1046 | −0.010% | $2K | $4.9M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1046 | −0.024% | $6.2M | $64.3M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1046 | +0.029% | $96.2M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0103% | 8h | 0.1047 | +0.110% | $19K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1045 | −0.077% | $504K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1054 | +0.736% | $20K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0125% | 8h | 0.1047 | +0.124% | $880 | $492K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0192% | 1h | 0.1047 | +0.093% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1050 | +0.373% | $16.8M | $27.6M | 75x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1055 | +0.838% | $19K | $292K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0241% | 1h | 0.1046 | −0.028% | $5.6M | $38.4M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0261% / S −0.0320% | 1h | 0.1046 | +0.033% | $345K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0264% | 1h | 0.1048 | +0.152% | $466 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1047 | +0.057% | $2.2M | $32.9M | 50x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0343% | 1h | 0.1046 | −0.008% | $589K | $242K | 25x | as long as short |
| Hyperliquid DOGE | +0.0552% | 1h | 0.1047 | +0.134% | $130.9M | $108.7M | 10x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1048 | +0.220% | $114K | $200K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1048 | +0.187% | $423K | $427K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | +0.660% | $6K | $242K | 12x | as long as short |
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
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
Katana Perps DOGE-USD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Phoenix DOGE
Kraken Futures PF_DOGEUSD
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
Deribit DOGE_USDC-PERPETUAL
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP