Funding you earn now, next payment 22:00 UTC+0.0355%/8h= +38.9% APRpaid last 24h −0.033%
Price spread now: Deribit against Bitget+0.448%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs+$7as in the Price arb table
costs, in and out, $10k−$340.341% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 3 days (all we have)−0.424%−$42 · spread now +0.448%, 7d avg +0.034%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Deribit is 0.414% dearer against Bitget than usual: you sell high and buy low: +$41 more if the spread goes back to its 7-day average of +0.034%. Mind the row above: over the last 7 days funding on this pair cost −0.140%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.140% in total (about -7.3% 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 | 0.09954 | −0.0275 | get 0.0275% / 8h | 2h 55m | $152.9M | $259.1M | 75x |
| Short | Deribit DOGE_USDC-PERPETUAL | 0.09999 | 0.0080 | get 0.0010% / 1h | 55m 04s | $625K | $88K | 25x |
Bitget DOGEUSDT
Deribit DOGE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $74.55
- Price spread: +0.448% → +0.034%
- $41.42
- Slippage, 4 orders
- −$15.08
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $81.89
- Costs to cover
- 0.341%
- Break-even
- from the start
Slippage from Bitget: live order book, 4 min ago; Deribit: live order book, 33 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, 4 min ago | 0.50 bp | 8.1 bp −$8 | 9.5 bp −$95 | 25.2 bp −$2,518 | 56.5 bp −$28.3K |
| Sell Deribit live order book, 33 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 DOGEUSDTlong | −0.0275% | 8h | 0.09954 | long leg | $152.9M | $259.1M | 75x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09989 | +0.348% | $339K | $4.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09996 | +0.421% | $33K | — | 150x | as long as short |
| Gate DOGE_USDT | +0.0068% | 8h | 0.09982 | +0.281% | $237.4M | $117.6M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0072% | 1h | 0.09990 | +0.367% | $527 | $4K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUALshort | +0.0080% | 1h | 0.09999 | +0.448% | $625K | $88K | 25x | |
| Phoenix DOGE | +0.0081% | 1h | 0.09994 | +0.405% | $17K | $225K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0094% | 8h | 0.09981 | +0.271% | $2K | $328K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09995 | +0.413% | $806K | $5.0M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09987 | +0.332% | $713K | $651K | 10x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Gate DOGE_USDT
01 Exchange DOGEUSD
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 | 0.09989 | +0.356% | $4.9M | $40.0M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09988 | +0.346% | $343K | $524K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09982 | +0.285% | $320.3M | $1.24B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09962 | +0.080% | $156.2M | $391.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09962 | +0.080% | $108.6M | $887.5M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09991 | +0.372% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1002 | +0.663% | $384K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09986 | +0.321% | $113.5M | $201.0M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09993 | +0.392% | $65.8M | $38.8M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09985 | +0.311% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1000 | +0.467% | $1.1M | $7.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09982 | +0.283% | $265K | $109.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09981 | +0.271% | $628K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09980 | +0.261% | $142K | $221K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09989 | +0.349% | $278K | $545K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09997 | +0.432% | $73K | $359K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09994 | +0.397% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09990 | +0.364% | $35K | $2.1M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09994 | +0.402% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09996 | +0.422% | $6.0M | $45.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09992 | +0.382% | $92.7M | $18.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09985 | +0.316% | $19K | $3K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09963 | +0.095% | $543K | $3.5M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09998 | +0.442% | $19K | — | 3x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0117% | 1h | 0.09992 | +0.382% | $527K | $799K | 15x | as long as short |
| dYdX DOGE-USD | +0.0124% | 1h | 0.09988 | +0.346% | $224K | $44K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0173% | 1h | 0.09992 | +0.377% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09998 | +0.442% | $15.4M | $23.9M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.1000 | +0.472% | $2.0M | $22.1M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0243% / S −0.0212% | 1h | 0.09997 | +0.431% | $338K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0286% | 1h | 0.09996 | +0.422% | $6.9M | $30.2M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09992 | +0.384% | $315K | $476K | 10x | as long as short |
| Hyperliquid DOGE | +0.0733% | 1h | 0.09995 | +0.412% | $115.7M | $74.3M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.1001 | +0.563% | $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
BingX DOGE-USDC
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
dYdX DOGE-USD
Reya DOGERUSDPERP
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