Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.027%
Price spread now: Pacifica against Backpack−0.100%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$320.320% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)+0.316%+$32 · spread now −0.100%, 7d avg +0.024%
=Together, before fees+0.310%+ Points / potential airdropPacifica: Active · farm board+$31 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: Pacifica is 0.124% cheaper against Backpack than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack DOGE_USDC_PERP | 0.09925 | 0.0100 | pay 0.0013% / 1h | 56m 07s | $322K | $1.1M | 15x |
| Short | Pacifica DOGE | 0.09915 | 0.0100 | get 0.0013% / 1h | 56m 07s | $322K | $482K | 20x |
Backpack DOGE_USDC_PERP
Pacifica DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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: −0.100% → +0.024%
- −$12.36
- Slippage, 4 orders
- −$14.02
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$44.38
- Costs to cover
- 0.320%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 3 min ago; Pacifica: live order book, 2 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, 3 min ago | 0.50 bp | 6.8 bp −$7 | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 2 min ago | 4.55 bp | 9.7 bp −$10 | doesn't fit | 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 | −0.0064% | 8h | 0.09920 | −0.050% | $149.9M | $274.4M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0032% | 1h | 0.09918 | −0.070% | $5.7M | $35.4M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09928 | +0.026% | $430K | $5.1M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09913 | −0.123% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0002% | 1h | 0.09908 | −0.173% | $222K | $49K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0022% | 1h | 0.09920 | −0.050% | $593K | $118K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09922 | −0.025% | $750K | $6.2M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09909 | −0.161% | $895 | $446K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09914 | −0.111% | $528K | $1.0M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09918 | −0.067% | $4.7M | $48.9M | 75x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGEshort | +0.0100% | 1h | 0.09915 | −0.100% | $322K | $482K | 20x | |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09928 | +0.030% | $317.1M | $1.45B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09927 | +0.020% | $159.9M | $441.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09930 | +0.050% | $110.6M | $989.6M | 50x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09927 | +0.020% | $243.0M | $132.5M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09929 | +0.040% | $112.4M | $232.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09919 | −0.060% | $65.5M | $43.4M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09923 | −0.020% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERPlong | +0.0100% | 1h | 0.09925 | long leg | $322K | $1.1M | 15x | |
| Variational Omni DOGE | +0.0100% | 8h | 0.09904 | −0.207% | $972K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09907 | −0.186% | $294K | $129.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09883 | −0.428% | $622K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09910 | −0.151% | $144K | $282K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09911 | −0.144% | $255K | $766K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09918 | −0.071% | $69K | $438K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09918 | −0.069% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09921 | −0.038% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09920 | −0.050% | $2K | $3.9M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09914 | −0.110% | $5.9M | $56.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09927 | +0.020% | $91.3M | $16.6M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09900 | −0.252% | $379K | $0 | 10x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.09915 | −0.096% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09916 | −0.093% | $495K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09921 | −0.035% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0188% | 1h | 0.09917 | −0.082% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0208% | 1h | 0.09919 | −0.064% | $529 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09898 | −0.272% | $15.5M | $25.0M | 75x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09915 | −0.104% | $64K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0269% | 1h | 0.09913 | −0.121% | $310K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0296% | 1h | 0.09920 | −0.050% | $2.3M | $26.6M | 50x | as long as short |
| Hyperliquid DOGE | +0.0355% | 1h | 0.09937 | +0.121% | $121.0M | $99.8M | 10x | as long as short |
| Arcus DOGE-USD | +0.0690% | 1h | 0.09925 | 0.000% | $117K | $189K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.09918 | −0.072% | $401K | $391K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09920 | −0.050% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
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
Bulk DOGE-USD
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP