Funding you earn now, next payment 05:00 UTC+0.0204%/8h= +22.3% APRpaid last 24h +0.062%
Price spread now: Coinbase International against Bitget+0.030%47s7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as 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−$360.358% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.030%, 7d avg +0.064%
=Funding pays, the price is against you. Coinbase International is 0.033% cheaper against Bitget than usual: you would sell low and buy high (spread +0.030% now, against its 7-day average of +0.064%). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.021% in total) that is about 11 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget DOGEUSDT | 0.09934 | 0.0100 | pay 0.0100% / 8h | 2h 42m | $130.4M | $327.1M | 75x |
| Short | Coinbase International DOGE-PERP-INTX | 0.09937 | 0.0304 | get 0.0038% / 1h | 42m 29s | $2.0M | $33.7M | 50x |
Bitget DOGEUSDT
Coinbase International DOGE-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Bitget. 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
- $42.84
- Price spread: +0.030% → +0.064%
- −$3.34
- Slippage, 4 orders
- −$13.78
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $3.72
- Costs to cover
- 0.358%
- Break-even
- 6.4 days
Slippage from Bitget: live order book, 2 min ago; Coinbase International: live order book, 2 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 Bitget live order book, 2 min ago | 0.50 bp | 7.4 bp −$7 | 9.7 bp −$97 | 23.8 bp −$2,379 | 50.7 bp −$25.4K |
| Sell Coinbase International live order book, 2 min ago | 2.01 bp | 11.4 bp −$11 | 15.9 bp −$159 | 40.6 bp −$4,063 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DOGE-USD | −0.0003% | 1h | 0.09931 | −0.032% | $268K | $1.2M | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09954 | +0.200% | $642K | $6.4M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09933 | −0.010% | $34K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0002% | 1h | 0.09939 | +0.050% | $5.5M | $39.6M | 50x | as long as short |
| dYdX DOGE-USD | +0.0003% | 1h | 0.09942 | +0.083% | $223K | $70K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0042% | 1h | 0.09938 | +0.036% | $565K | $247K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09949 | +0.155% | $728K | $6.5M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09935 | +0.015% | $538K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09938 | +0.039% | $4.4M | $56.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09941 | +0.069% | $318K | $516K | 20x | as long as short |
Polymarket Perps DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Kraken Futures PF_DOGEUSD
dYdX DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.09936 | +0.021% | $323.9M | $1.67B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09933 | −0.010% | $162.3M | $513.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09939 | +0.050% | $114.5M | $1.16B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09945 | +0.113% | $382K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09935 | +0.010% | $247.4M | $150.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09941 | +0.070% | $111.9M | $251.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09941 | +0.070% | $66.1M | $49.2M | 75x | as long as short |
| Bitget DOGEUSDTlong | +0.0100% | 8h | 0.09934 | long leg | $130.4M | $327.1M | 75x | |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09934 | 0.000% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09939 | +0.050% | $306K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09959 | +0.249% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09982 | +0.485% | $312K | $138.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09986 | +0.524% | $632K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09990 | +0.564% | $148K | $338K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09934 | 0.000% | $63K | $464K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09932 | −0.018% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09940 | +0.058% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09937 | +0.030% | $2K | $5.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09939 | +0.049% | $5.9M | $67.2M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09939 | +0.050% | $91.4M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09938 | +0.041% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09936 | +0.016% | $480K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09935 | +0.007% | $19K | — | 3x | as long as short |
| Hyperliquid DOGE | +0.0113% | 1h | 0.09960 | +0.257% | $124.2M | $114.4M | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0113% | 8h | 0.09932 | −0.020% | $2K | $518K | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0160% | 1h | 0.09939 | +0.054% | $442 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0194% | 1h | 0.09937 | +0.031% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09933 | −0.010% | $15.9M | $26.8M | 75x | as long as short |
| Arcus DOGE-USD | +0.0231% | 1h | 0.09949 | +0.151% | $108K | $207K | 10x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09973 | +0.396% | $18K | $382K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0251% / S −0.0286% | 1h | 0.09931 | −0.029% | $320K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTXshort | +0.0304% | 1h | 0.09937 | +0.030% | $2.0M | $33.7M | 50x | |
| RISEx DOGE/USDC | +0.0686% | 1h | 0.09943 | +0.096% | $401K | $440K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1217% | 1h | 0.1053 | +6.000% | $6K | $242K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
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
Hyperliquid DOGE
Katana Perps DOGE-USD
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Arcus DOGE-USD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Injective DOGE/USDC PERP