Funding you earn now, next payment 22:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.04 per $10,000 · paid last 24h −0.005%
Price spread now: 01 Exchange against Backpack−0.140%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and 01 Exchange is 0.140% cheaper against Backpack than usual: you would sell low and buy high (−$14 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 | 0.09991 | 0.0100 | pay 0.0013% / 1h | 56m 29s | $526K | $804K | 15x |
| Short | 01 Exchange DOGEUSD | 0.09977 | 0.0064 | get 0.0008% / 1h | 56m 29s | $527 | $4K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$7.56
- Price spread: −0.140% → 0.000%
- −$14.01
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$38.57
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 32 min ago; 01 Exchange: 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, 32 min ago | 0.50 bp | 6.7 bp −$7 | 454.2 bp −$4,542 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | −0.0273% | 8h | 0.09970 | −0.210% | $153.2M | $259.1M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09982 | −0.089% | $338K | $4.3M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09984 | −0.070% | $624K | $89K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09979 | −0.116% | $33K | — | 150x | as long as short |
| 01 Exchange DOGEUSDshort | +0.0064% | 1h | 0.09977 | −0.140% | $527 | $4K | 10x | |
| Gate DOGE_USDT | +0.0069% | 8h | 0.09981 | −0.100% | $237.4M | $117.6M | 75x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09994 | +0.033% | $17K | $225K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0094% | 8h | 0.09978 | −0.130% | $1K | $328K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1000 | +0.120% | $813K | $5.0M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09975 | −0.160% | $712K | $651K | 10x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09996 | +0.046% | $4.9M | $40.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.10000 | +0.086% | $343K | $524K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09977 | −0.143% | $320.1M | $1.25B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09978 | −0.130% | $156.4M | $394.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09981 | −0.100% | $108.4M | $888.5M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09982 | −0.090% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1002 | +0.290% | $384K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09982 | −0.090% | $113.5M | $201.0M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09973 | −0.180% | $65.7M | $38.8M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09987 | −0.040% | — | $3.4M | — | as long as short |
| Backpack DOGE_USDC_PERPlong | +0.0100% | 1h | 0.09991 | long leg | $526K | $804K | 15x | |
| Variational Omni DOGE | +0.0100% | 8h | 0.1004 | +0.467% | $1.1M | $7.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1002 | +0.266% | $266K | $109.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1002 | +0.251% | $631K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1001 | +0.190% | $143K | $221K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09977 | −0.136% | $278K | $550K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09982 | −0.090% | $73K | $359K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09982 | −0.086% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09983 | −0.078% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09982 | −0.090% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09989 | −0.022% | $6.0M | $45.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09985 | −0.060% | $92.7M | $18.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09987 | −0.037% | $19K | $3K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09978 | −0.126% | $542K | $3.5M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09983 | −0.079% | $19K | — | 3x | as long as short |
| dYdX DOGE-USD | +0.0165% | 1h | 0.09996 | +0.048% | $224K | $44K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0173% | 1h | 0.09981 | −0.105% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09983 | −0.080% | $15.4M | $23.9M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09982 | −0.090% | $2.0M | $22.2M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0243% / S −0.0212% | 1h | 0.09978 | −0.127% | $337K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0286% | 1h | 0.09987 | −0.044% | $6.9M | $30.4M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09983 | −0.080% | $314K | $479K | 10x | as long as short |
| Hyperliquid DOGE | +0.0709% | 1h | 0.09996 | +0.046% | $115.8M | $74.2M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.1001 | +0.190% | $5K | $153K | 12x | as long as short |
Backpack DOGE_USDC_PERP
01 Exchange DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Gate DOGE_USDT
Phoenix DOGE
Katana Perps DOGE-USD
Lighter DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
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
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP