Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.015%
Price spread now: dYdX against Binance+0.025%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$850.851% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.025%, 7d avg −0.010%
=The price spread pays, funding is against you. dYdX is 0.035% dearer against Binance than usual: you sell high and buy low (spread +0.025% now, against its 7-day average of −0.010%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 28 hours. At the pace of the last 7 days (−0.048% in total) that is about 5.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance DOGEUSDT | 0.09975 | 0.0100 | pay 0.0100% / 8h | 41m 59s | $329.3M | $1.72B | 75x |
| Short | dYdX DOGE-USD | 0.09977 | 0 | get 0.0000% / 1h | 41m 59s | $224K | $69K | 10x |
Binance DOGEUSDT
dYdX DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Binance. 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
- −$21
- Price spread: +0.025% → −0.010%
- $3.46
- Slippage, 4 orders
- −$65.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$102.63
- Costs to cover
- 0.851%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; dYdX: live order book, 62 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 Binance live order book, 2 min ago | 0.50 bp | 6.4 bp −$6 | 9.2 bp −$92 | 23.7 bp −$2,366 | 52.7 bp −$26.4K |
| Sell dYdX live order book, 62 min ago | 31.06 bp | 37.1 bp −$37 | 87.6 bp −$876 | 105.9 bp −$10.6K | 117.5 bp −$58.8K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0060% | 1h | 0.09977 | +0.025% | $5.6M | $40.7M | 50x | as long as short |
| dYdX DOGE-USDshort | 0.0000% | 1h | 0.09977 | +0.025% | $224K | $69K | 10x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09963 | −0.115% | $594K | $6.5M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09976 | +0.015% | $35K | — | 150x | as long as short |
| Bitget DOGEUSDT | +0.0023% | 8h | 0.09964 | −0.105% | $140.9M | $345.8M | 75x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.569% | $6K | $242K | 12x | as long as short |
| Polymarket Perps DOGE-USD | +0.0060% | 1h | 0.09976 | +0.017% | $260K | $1.2M | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0081% | 1h | 0.09980 | +0.057% | $572K | $252K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09984 | +0.095% | $838K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09975 | +0.005% | $538K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Bitget DOGEUSDT
Injective DOGE/USDC PERP
Polymarket Perps DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOGE | +0.0100% | 1h | 0.09981 | +0.068% | $124.2M | $117.2M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09975 | 0.000% | $4.5M | $59.0M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09978 | +0.034% | $320K | $503K | 20x | as long as short |
| Binance DOGEUSDTlong | +0.0100% | 8h | 0.09975 | long leg | $329.3M | $1.72B | 75x | |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09968 | −0.065% | $165.3M | $524.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09972 | −0.025% | $116.2M | $1.21B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09975 | +0.005% | $17K | $308K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09921 | −0.535% | $381K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09971 | −0.035% | $250.1M | $156.1M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09969 | −0.055% | $117.5M | $258.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09973 | −0.015% | $66.5M | $49.9M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09972 | −0.025% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09976 | +0.015% | $302K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09984 | +0.091% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09991 | +0.170% | $304K | $140.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09982 | +0.071% | $629K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09980 | +0.055% | $146K | $342K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09977 | +0.025% | $71K | $472K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09972 | −0.023% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09985 | +0.105% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09975 | +0.005% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09980 | +0.054% | $5.9M | $68.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09976 | +0.015% | $91.3M | $16.8M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09976 | +0.010% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09966 | −0.087% | $488K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09978 | +0.035% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0107% | 8h | 0.09971 | −0.035% | $833 | $539K | 10x | as long as short |
| Phoenix DOGE | +0.0160% | 1h | 0.09983 | +0.087% | $18K | $382K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0199% | 1h | 0.09978 | +0.037% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.09988 | +0.135% | $1.9M | $34.9M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09963 | −0.115% | $15.5M | $27.0M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09977 | +0.029% | $314K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0272% | 1h | 0.09981 | +0.063% | $444 | $4K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0731% | 1h | 0.09989 | +0.145% | $407K | $462K | 10x | as long as short |
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Phoenix DOGE
Reya DOGERUSDPERP
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
RISEx DOGE/USDC