Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against BingX−0.049%81s7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$340.338% of the position
Funding, last 7 days+0.215%+$22 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.049%, 7d avg +0.055%
=Funding pays, the price is against you. BloFin is 0.104% cheaper against BingX than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of +0.055%). If the spread goes back, that is −$10 on $10k: about 2.9 days of funding at the current rate (+$4 a day). The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX DOGE-USDC | 0.1022 | 0.0100 | pay 0.0100% / 8h | 3h 59m | — | $3.5M | — |
| Short | BloFin DOGE-USDT | 0.1021 | 0.0220 | get 0.0220% / 8h | 3h 59m | $16.2M | $26.0M | 75x |
BingX DOGE-USDC
BloFin DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $25.2
- Price spread: −0.049% → +0.055%
- −$10.35
- Slippage, 4 orders
- −$11.76
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$18.92
- Costs to cover
- 0.338%
- Break-even
- 12.3 days
Slippage from BingX: live order book, 10 min ago; BloFin: 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 BingX live order book, 10 min ago | 0.50 bp | 10.4 bp −$10 | 17.5 bp −$175 | 51.5 bp −$5,153 | 121.0 bp −$60.5K |
| Sell BloFin live order book, 4 min ago | 1.49 bp | 7.9 bp −$8 | 12.8 bp −$128 | 20.6 bp −$2,062 | 43.5 bp −$21.7K |
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 | −0.0031% | 1h | 0.1019 | −0.262% | $5.8M | $36.0M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0022% | 8h | 0.1019 | −0.206% | $153.5M | $280.0M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1019 | −0.207% | $479K | $5.5M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1019 | −0.221% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0010% | 1h | 0.1020 | −0.172% | $229K | $48K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1019 | −0.208% | $754K | $6.3M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1019 | −0.235% | $922 | $470K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1020 | −0.176% | $539K | $1.0M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.1021 | −0.069% | $125.1M | $102.9M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1020 | −0.133% | $4.8M | $50.7M | 75x | as long as short |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Hyperliquid DOGE
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.1021 | −0.092% | $330K | $484K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1021 | −0.007% | $337.3M | $1.50B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1021 | −0.039% | $169.3M | $456.3M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1021 | −0.078% | $117.1M | $1.06B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1005 | −1.635% | $386K | $859 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1022 | +0.020% | $252.1M | $137.2M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1021 | −0.059% | $116.3M | $237.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1021 | −0.039% | $68.1M | $44.6M | 75x | as long as short |
| BingX DOGE-USDClong | +0.0100% | 8h | 0.1022 | long leg | — | $3.5M | — | |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1018 | −0.294% | $325K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1019 | −0.277% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1009 | −1.184% | $306K | $132.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1011 | −1.036% | $639K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1011 | −1.028% | $147K | $292K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1019 | −0.225% | $264K | $877K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1019 | −0.225% | $71K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1019 | −0.218% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1020 | −0.174% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1019 | −0.255% | $2K | $4.2M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1018 | −0.373% | $6.1M | $59.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1018 | −0.372% | $93.6M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.1020 | −0.167% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1020 | −0.174% | $500K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1019 | −0.208% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0143% | 1h | 0.1019 | −0.207% | $610K | $119K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0190% | 1h | 0.1019 | −0.208% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDTshort | +0.0220% | 8h | 0.1021 | −0.049% | $16.2M | $26.0M | 75x | |
| 01 Exchange DOGEUSD | +0.0224% | 1h | 0.1020 | −0.130% | $544 | $4K | 10x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.1006 | −1.537% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0248% / S −0.0269% | 1h | 0.1019 | −0.241% | $319K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0296% | 1h | 0.1019 | −0.196% | $2.1M | $28.8M | 50x | as long as short |
| Arcus DOGE-USD | +0.0690% | 1h | 0.1021 | −0.078% | $111K | $199K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.1020 | −0.142% | $413K | $416K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.1015 | −0.636% | $5K | $239K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
Backpack DOGE_USDC_PERP
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
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP