Funding you earn now, next payment 02:00 UTC+0.0463%/8h= +50.7% APRnext payment +$0.58 per $10,000 · paid last 24h +0.130%
Price spread now: RISEx against Backpack+0.139%7-day average +0.055% · 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−$16as in the Price arb table
costs, in and out, $10k−$240.244% of the position
Funding, last 3 days (all we have)+0.324%+$32 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.139%, 7d avg +0.055%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and RISEx is 0.084% dearer against Backpack than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.055%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack DOGE_USDC_PERP | 0.09980 | 0.0100 | pay 0.0013% / 1h | 27m 01s | $345K | $1.1M | 15x |
| Short | RISEx DOGE/USDC | 0.09994 | 0.0563 | get 0.0070% / 1h | 27m 01s | $402K | $367K | 10x |
Backpack DOGE_USDC_PERP
RISEx DOGE/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $97.21
- Price spread: +0.139% → +0.055%
- $8.42
- Slippage, 4 orders
- −$8.38
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $81.24
- Costs to cover
- 0.244%
- Break-even
- 1.1 days
Slippage from Backpack: live order book, 2 min ago; RISEx: live order book, 41 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, 2 min ago | 0.50 bp | 6.7 bp −$7 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 41 min ago | 1.49 bp | 4.5 bp −$4 | 10.4 bp −$104 | doesn't fit | doesn't fit |
DOGE on 43 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 | −0.0115% | 8h | 0.09974 | −0.060% | $151.1M | $273.0M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09982 | +0.024% | $391K | $5.0M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09983 | +0.032% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0018% | 1h | 0.09983 | +0.028% | $224K | $49K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0066% | 1h | 0.09975 | −0.051% | $5.8M | $34.1M | 50x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0071% | 1h | 0.09987 | +0.067% | $597K | $118K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09984 | +0.042% | $779K | $6.0M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09977 | −0.030% | $2K | $427K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09988 | +0.078% | $529K | $989K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09984 | +0.040% | $4.7M | $48.3M | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Kraken Futures PF_DOGEUSD
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09988 | +0.081% | $328K | $503K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09983 | +0.032% | $316.1M | $1.43B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09981 | +0.010% | $158.2M | $442.0M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09981 | +0.010% | $110.0M | $981.7M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09999 | +0.190% | $128K | $178K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09870 | −1.102% | $378K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09977 | −0.030% | $241.9M | $132.1M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09975 | −0.050% | $110.7M | $229.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09986 | +0.060% | $66.0M | $43.0M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09977 | −0.030% | — | $3.4M | — | as long as short |
| Backpack DOGE_USDC_PERPlong | +0.0100% | 1h | 0.09980 | long leg | $345K | $1.1M | 15x | |
| Variational Omni DOGE | +0.0100% | 8h | 0.09898 | −0.822% | $985K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09941 | −0.388% | $273K | $128.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09936 | −0.441% | $631K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09950 | −0.301% | $145K | $270K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09988 | +0.082% | $257K | $642K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09987 | +0.070% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09985 | +0.053% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09990 | +0.098% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09978 | −0.020% | $2K | $3.7M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09983 | +0.032% | $5.9M | $54.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09975 | −0.050% | $91.9M | $17.1M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09984 | +0.044% | $556K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09983 | +0.035% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0111% | 8h | 0.09985 | +0.050% | $18K | $6K | 30x | as long as short |
| Reya DOGERUSDPERP | +0.0184% | 1h | 0.09990 | +0.098% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09993 | +0.135% | $533 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09981 | +0.010% | $2.0M | $25.1M | 50x | as long as short |
| Phoenix DOGE | +0.0241% | 1h | 0.09925 | −0.553% | $64K | $284K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0267% | 1h | 0.09983 | +0.028% | $311K | — | 200x | as long as short |
| RISEx DOGE/USDCshort | +0.0563% | 1h | 0.09994 | +0.139% | $402K | $367K | 10x | |
| Hyperliquid DOGE | +0.0718% | 1h | 0.09994 | +0.136% | $121.8M | $97.7M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09980 | 0.000% | $5K | $239K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
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
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Hyperliquid DOGE
Injective DOGE/USDC PERP