Funding you earn now, next payment 00:00 UTC+0.0364%/8h= +39.9% APRnext payment +$3.64 per $10,000 · paid last 24h −0.007%
Price spread now: Orderly against Bitget−0.010%7-day average +0.026% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 3 days (all we have)+0.033%+$3 · spread now −0.010%, 7d avg +0.026%
=Funding pays, the price is against you. Orderly is 0.036% cheaper against Bitget than usual: you would sell low and buy high (spread −0.010% now, against its 7-day average of +0.026%). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$11 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.023% in total (about -1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.64 per $10,000. 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 | 0.1005 | −0.0264 | get 0.0264% / 8h | 1h 22m | $153.4M | $266.2M | 75x |
| Short | Orderly PERP_DOGE_USDC | 0.1005 | 0.0100 | get 0.0100% / 8h | 1h 22m | $73K | $432K | 50x |
Bitget DOGEUSDT
Orderly PERP_DOGE_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $76.44
- Price spread: −0.010% → +0.026%
- −$3.57
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $54.87
- Costs to cover
- 0.180%
- Break-even
- 2.0 days
Slippage unknown: Bitget: live order book, 1 min ago; Orderly: no order-book sample. Net counts fees only.
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, 1 min ago | 0.50 bp | 8.3 bp −$8 | 10.1 bp −$101 | 28.0 bp −$2,805 | 57.2 bp −$28.6K |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0264% | 8h | 0.1005 | long leg | $153.4M | $266.2M | 75x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1006 | +0.104% | $419K | $4.7M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1005 | +0.022% | $608K | $109K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1005 | +0.025% | $32K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0007% | 1h | 0.1005 | +0.051% | $226K | $44K | 10x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.1007 | +0.217% | $66K | $222K | 10x | as long as short |
| Gate DOGE_USDT | +0.0092% | 8h | 0.1005 | +0.050% | $242.2M | $124.2M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1006 | +0.095% | $792K | $5.4M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.1006 | +0.109% | $842 | $370K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1006 | +0.134% | $580K | $856K | 10x | as long as short |
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Phoenix DOGE
Gate DOGE_USDT
Lighter DOGE
Katana Perps DOGE-USD
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 | 0.1006 | +0.128% | $5.0M | $43.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1005 | +0.051% | $336K | $508K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1006 | +0.100% | $320.4M | $1.32B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1006 | +0.070% | $159.6M | $420.8M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1006 | +0.109% | $109.7M | $932.2M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1007 | +0.199% | $28K | $76K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09966 | −0.819% | $382K | $14K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1006 | +0.100% | $111.3M | $217.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1006 | +0.090% | $66.1M | $41.0M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1005 | +0.060% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1001 | −0.376% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1002 | −0.266% | $275K | $116.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1003 | −0.141% | $634K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1002 | −0.279% | $146K | $244K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1006 | +0.100% | $268K | $540K | 10x | as long as short |
| Orderly PERP_DOGE_USDCshort | +0.0100% | 8h | 0.1005 | −0.010% | $73K | $432K | 50x | |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1005 | −0.008% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1006 | +0.167% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1005 | +0.040% | $2K | $3.6M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1005 | −0.010% | $6.0M | $50.3M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1006 | +0.070% | $93.2M | $19.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.1005 | −0.024% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1006 | +0.071% | $556K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1005 | +0.020% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0177% | 1h | 0.1006 | +0.096% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.1007 | +0.187% | $532 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.1006 | +0.149% | $2.0M | $23.7M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1006 | +0.129% | $15.4M | $25.0M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0270% | 1h | 0.1005 | +0.036% | $315K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0363% | 1h | 0.1005 | +0.038% | $6.0M | $32.8M | 50x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0412% | 1h | 0.1006 | +0.149% | $538K | $956K | 15x | as long as short |
| Hyperliquid DOGE | +0.0438% | 1h | 0.1007 | +0.209% | $111.4M | $82.7M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0702% | 1h | 0.1007 | +0.209% | $315K | $476K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0966% | 1h | 0.1009 | +0.418% | $5K | $207K | 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
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Backpack DOGE_USDC_PERP
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP