Funding you earn now, next payment 01:00 UTC+0.0185%/8h= +20.3% APRpaid last 24h +0.028%
Price spread now: dYdX against Bitget+0.075%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$760.758% of the position
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.075%, 7d avg +0.031%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and dYdX is 0.044% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.031%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.002% in total (about 0.1% 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 | 0.1008 | −0.0172 | get 0.0172% / 8h | 7h 16m | $153.4M | $271.4M | 75x |
| Short | dYdX DOGE-USD | 0.1009 | 0.0013 | get 0.0002% / 1h | 16m 42s | $227K | $44K | 10x |
Bitget DOGEUSDT
dYdX DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $38.85
- Price spread: +0.075% → +0.031%
- $4.43
- Slippage, 4 orders
- −$53.85
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$32.57
- Costs to cover
- 0.758%
- Break-even
- 12.9 days
Slippage from Bitget: live order book, 2 min ago; dYdX: live order book, 57 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 | 8.7 bp −$9 | 11.4 bp −$114 | 29.6 bp −$2,959 | doesn't fit |
| Sell dYdX live order book, 57 min ago | 15.59 bp | 37.5 bp −$37 | 74.9 bp −$749 | 89.4 bp −$8,937 | 97.1 bp −$48.5K |
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 | −0.0172% | 8h | 0.1008 | long leg | $153.4M | $271.4M | 75x | |
| Kraken Futures PF_DOGEUSD | −0.0077% | 1h | 0.1008 | −0.027% | $6.1M | $33.9M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1008 | −0.005% | $418K | $4.8M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1007 | −0.131% | $24K | — | 150x | as long as short |
| dYdX DOGE-USDshort | +0.0013% | 1h | 0.1009 | +0.075% | $227K | $44K | 10x | |
| Deribit DOGE_USDC-PERPETUAL | +0.0018% | 1h | 0.1008 | −0.045% | $606K | $121K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1011 | +0.209% | $789K | $5.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1008 | −0.030% | $1K | $418K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1008 | −0.084% | $516K | $973K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1010 | +0.139% | $5.0M | $46.5M | 75x | as long as short |
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.1010 | +0.157% | $337K | $511K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1010 | +0.161% | $321.4M | $1.40B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1010 | +0.178% | $160.5M | $438.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1010 | +0.169% | $111.6M | $974.6M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1009 | +0.069% | $28K | $82K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1003 | −0.527% | $384K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1009 | +0.069% | $246.1M | $130.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1010 | +0.129% | $113.1M | $225.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1010 | +0.129% | $66.2M | $42.5M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1010 | +0.119% | — | $76.1M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1009 | +0.069% | $365K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1004 | −0.398% | $989K | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1005 | −0.340% | $266K | $124.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1005 | −0.366% | $630K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1004 | −0.446% | $148K | $268K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1008 | −0.050% | $268K | $635K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1008 | −0.059% | $73K | $424K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1008 | −0.070% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1008 | −0.023% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1008 | −0.040% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1008 | −0.055% | $6.0M | $52.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1008 | 0.000% | $93.1M | $17.6M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1008 | −0.098% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1010 | +0.112% | $531K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1009 | +0.005% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0176% | 1h | 0.1008 | −0.026% | $532 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0182% | 1h | 0.1007 | −0.111% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1008 | 0.000% | $15.5M | $25.7M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1009 | +0.020% | $2.0M | $25.1M | 50x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1008 | −0.007% | $65K | $283K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0247% / S −0.0272% | 1h | 0.1007 | −0.156% | $316K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0701% | 1h | 0.1009 | +0.045% | $326K | $404K | 10x | as long as short |
| Hyperliquid DOGE | +0.0802% | 1h | 0.1011 | +0.198% | $123.0M | $95.3M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0973% | 1h | 0.1007 | −0.149% | $5K | $239K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
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
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP