Funding you earn now, next payment 00:00 UTC−0.0429%/8h= −47.0% APRpaid last 24h −0.021%
Price spread now: Paradex against Backpack−0.021%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Paradex is 0.021% cheaper against Backpack than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack DOGE_USDC_PERP | 0.1008 | 0.0529 | pay 0.0066% / 1h | 56m 56s | $538K | $959K | 15x |
| Short | Paradex DOGE-USD-PERP | 0.1007 | 0.0100 | get 0.0100% / 8h | 56m 56s | $18K | $5K | 30x |
Backpack DOGE_USDC_PERP
Paradex DOGE-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$90.09
- Price spread: −0.021% → 0.000%
- −$2.06
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$106.14
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 22 min ago; Paradex: no order-book sample. Net counts fees only.
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, 22 min ago | 0.50 bp | 6.1 bp −$6 | 351.6 bp −$3,516 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0253% | 8h | 0.1006 | −0.129% | $153.6M | $267.2M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1007 | −0.022% | $417K | $4.7M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1007 | −0.048% | $610K | $109K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1007 | −0.058% | $33K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0069% | 1h | 0.1007 | −0.035% | $226K | $44K | 10x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.1002 | −0.520% | $66K | $221K | 10x | as long as short |
| Gate DOGE_USDT | +0.0092% | 8h | 0.1007 | −0.109% | $242.6M | $124.7M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1007 | −0.023% | $793K | $5.4M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.1008 | 0.000% | $1K | $377K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1008 | +0.005% | $596K | $891K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Phoenix DOGE
Gate DOGE_USDT
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.1008 | −0.007% | $5.0M | $44.3M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1007 | −0.013% | $336K | $504K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1007 | −0.061% | $320.3M | $1.34B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1007 | −0.060% | $158.9M | $425.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1007 | −0.030% | $110.0M | $940.1M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1008 | +0.079% | $28K | $77K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1004 | −0.395% | $385K | $12K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1007 | −0.079% | $115.9M | $217.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1007 | −0.040% | $66.4M | $41.3M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1007 | −0.060% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1001 | −0.693% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1003 | −0.445% | $275K | $116.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1001 | −0.624% | $638K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1002 | −0.556% | $147K | $247K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1007 | −0.040% | $263K | $549K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1007 | −0.040% | $73K | $432K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1007 | −0.051% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1008 | +0.004% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1007 | −0.040% | $2K | $3.6M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1007 | −0.014% | $6.0M | $50.7M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1007 | −0.079% | $93.2M | $19.2M | 50x | as long as short |
| Paradex DOGE-USD-PERPshort | +0.0100% | 8h | 0.1007 | −0.021% | $18K | $5K | 30x | |
| Extended DOGE-USD | +0.0104% | 1h | 0.1007 | −0.074% | $557K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1007 | −0.050% | $19K | — | 3x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0104% | 1h | 0.1007 | −0.087% | $6.0M | $32.9M | 50x | as long as short |
| Reya DOGERUSDPERP | +0.0178% | 1h | 0.1007 | −0.030% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1008 | +0.010% | $15.4M | $25.1M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0232% | 1h | 0.1009 | +0.095% | $533 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1008 | 0.000% | $2.0M | $23.9M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0235% | 1h | 0.1007 | −0.068% | $329K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERPlong | +0.0529% | 1h | 0.1008 | long leg | $538K | $959K | 15x | |
| RISEx DOGE/USDC | +0.0708% | 1h | 0.1008 | +0.087% | $316K | $475K | 10x | as long as short |
| Hyperliquid DOGE | +0.0877% | 1h | 0.1008 | +0.069% | $115.2M | $85.4M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1039% | 1h | 0.1010 | +0.238% | $5K | $239K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
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
Extended DOGE-USD
Aevo DOGE-PERP
Kraken Futures PF_DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP