Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.027%
Price spread now: SunX against Backpack+0.067%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$650.647% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 3 days (all we have)+0.019%+$2 · spread now +0.067%, 7d avg +0.041%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.026% dearer against Backpack than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack DOGE_USDC_PERP | 0.1007 | 0.0100 | pay 0.0013% / 1h | 41m 41s | $373K | $1.1M | 15x |
| Short | SunX DOGE-USDT | 0.1008 | 0.0100 | get 0.0100% / 8h | 7h 41m | $35K | $2.2M | 30x |
Backpack DOGE_USDC_PERP
SunX DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.067% → +0.041%
- $2.55
- Slippage, 4 orders
- −$46.68
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$62.13
- Costs to cover
- 0.647%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 2 min ago; SunX: live order book, 4 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 | 6.5 bp −$6 | 13.0 bp −$130 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 17.70 bp | 25.1 bp −$25 | 34.6 bp −$346 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex DOGEUSDT | −0.0621% | 8h | 0.1008 | +0.030% | $93.0M | $18.4M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0193% | 8h | 0.1005 | −0.189% | $153.1M | $270.8M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0077% | 1h | 0.1008 | +0.037% | $6.1M | $33.9M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1007 | +0.012% | $400K | $4.8M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1008 | +0.050% | $606K | $120K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1008 | +0.046% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0010% | 1h | 0.1006 | −0.122% | $226K | $44K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1007 | −0.061% | $860K | $5.7M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1009 | +0.149% | $852 | $403K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1009 | +0.174% | $518K | $973K | 10x | as long as short |
Phemex DOGEUSDT
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
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 | 0.1007 | −0.047% | $5.0M | $46.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1009 | +0.153% | $336K | $517K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1006 | −0.129% | $319.5M | $1.40B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1006 | −0.139% | $159.3M | $438.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1006 | −0.139% | $110.5M | $968.8M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1009 | +0.208% | $28K | $82K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.10000 | −0.717% | $383K | $12K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1006 | −0.109% | $244.0M | $128.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1006 | −0.079% | $113.8M | $223.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1006 | −0.089% | $66.0M | $42.7M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1007 | −0.060% | — | $76.4M | — | as long as short |
| Backpack DOGE_USDC_PERPlong | +0.0100% | 1h | 0.1007 | long leg | $373K | $1.1M | 15x | |
| Variational Omni DOGE | +0.0100% | 8h | 0.1000 | −0.705% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09999 | −0.722% | $263K | $122.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09999 | −0.721% | $636K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1000 | −0.715% | $147K | $260K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1008 | +0.109% | $265K | $556K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1008 | +0.050% | $73K | $434K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1008 | +0.054% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDTshort | +0.0100% | 8h | 0.1008 | +0.067% | $35K | $2.2M | 30x | |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1008 | +0.040% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1008 | +0.039% | $6.0M | $52.5M | 75x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1009 | +0.155% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1006 | −0.120% | $623K | $3.8M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1008 | +0.046% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0181% | 1h | 0.1008 | +0.038% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0200% | 1h | 0.1010 | +0.250% | $533 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1006 | −0.129% | $15.4M | $25.6M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1008 | +0.099% | $2.0M | $24.9M | 50x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1002 | −0.495% | $67K | $283K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0244% / S −0.0263% | 1h | 0.1008 | +0.037% | $311K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0701% | 1h | 0.1009 | +0.228% | $320K | $478K | 10x | as long as short |
| Hyperliquid DOGE | +0.0844% | 1h | 0.1008 | +0.030% | $120.3M | $92.5M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0973% | 1h | 0.1002 | −0.516% | $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
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
SoDEX DOGE-USD
HTX DOGE-USDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP