Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.033%
Price spread now: Deribit against BingX+0.138%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$300.300% of the position
Funding, last 7 days−0.171%−$17 on $10k
+Price spread, last 3 days (all we have)−0.128%−$13 · spread now +0.138%, 7d avg +0.011%
=The price spread pays, funding is against you. Deribit is 0.127% dearer against BingX than usual: you sell high and buy low (spread +0.138% now, against its 7-day average of +0.011%): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX DOGE-USDT | 0.09883 | 0.0100 | pay 0.0100% / 8h | 2h 44m | — | $73.2M | — |
| Short | Deribit DOGE_USDC-PERPETUAL | 0.09897 | 0 | get 0.0000% / 1h | 44m 41s | $619K | $88K | 25x |
BingX DOGE-USDT
Deribit DOGE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$21
- Price spread: +0.138% → +0.011%
- $12.67
- Slippage, 4 orders
- −$13.01
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$38.34
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Deribit: live order book, 44 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, 9 min ago | 1.00 bp | 6.0 bp −$6 | 6.7 bp −$67 | 12.2 bp −$1,225 | 26.6 bp −$13.3K |
| Sell Deribit live order book, 44 min ago | 3.01 bp | 6.5 bp −$7 | 27.6 bp −$276 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0279% | 8h | 0.09876 | −0.071% | $151.6M | $259.3M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09890 | +0.072% | $354K | $4.3M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUALshort | 0.0000% | 1h | 0.09897 | +0.138% | $619K | $88K | 25x | |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09892 | +0.092% | $31K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0039% | 1h | 0.09882 | −0.011% | $222K | $44K | 10x | as long as short |
| Gate DOGE_USDT | +0.0064% | 8h | 0.09882 | −0.010% | $235.0M | $118.4M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09900 | +0.168% | $15K | $225K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0095% | 8h | 0.09883 | 0.000% | $2K | $334K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09886 | +0.026% | $796K | $5.0M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09895 | +0.121% | $628K | $695K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Gate DOGE_USDT
Phoenix DOGE
Katana Perps DOGE-USD
Lighter DOGE
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 | 0.09884 | +0.010% | $4.9M | $40.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09883 | +0.003% | $337K | $503K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09884 | +0.007% | $316.6M | $1.25B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09879 | −0.040% | $153.8M | $393.8M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09883 | 0.000% | $107.4M | $882.4M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09890 | +0.071% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09895 | +0.121% | $379K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09884 | +0.010% | $120.1M | $212.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09881 | −0.020% | $65.0M | $38.9M | 75x | as long as short |
| BingX DOGE-USDTlong | +0.0100% | 8h | 0.09883 | long leg | — | $73.2M | — | |
| Variational Omni DOGE | +0.0100% | 8h | 0.09894 | +0.107% | $931K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09885 | +0.024% | $262K | $110.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09895 | +0.121% | $622K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09890 | +0.071% | $141K | $222K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09891 | +0.083% | $274K | $545K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09895 | +0.121% | $72K | $359K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09893 | +0.099% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09900 | +0.176% | $35K | $2.1M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09894 | +0.111% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09894 | +0.113% | $6.0M | $46.2M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09891 | +0.081% | $91.8M | $19.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09883 | −0.002% | $19K | $3K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09882 | −0.006% | $545K | $3.5M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09896 | +0.127% | $19K | — | 3x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0121% | 1h | 0.09889 | +0.061% | $524K | $855K | 15x | as long as short |
| Reya DOGERUSDPERP | +0.0173% | 1h | 0.09893 | +0.103% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09890 | +0.071% | $15.3M | $23.6M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09896 | +0.132% | $2.0M | $22.1M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0243% / S −0.0263% | 1h | 0.09891 | +0.081% | $305K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0264% | 1h | 0.09886 | +0.027% | $522 | $4K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0289% | 1h | 0.09896 | +0.136% | $6.8M | $30.3M | 50x | as long as short |
| Hyperliquid DOGE | +0.0500% | 1h | 0.09893 | +0.098% | $110.4M | $77.7M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09891 | +0.086% | $311K | $469K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09920 | +0.374% | $5K | $153K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
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
Backpack DOGE_USDC_PERP
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP