Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Binance against BloFin+0.141%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$290.295% of the position
Funding, last 7 days−0.229%−$23 on $10k
+Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.141%, 7d avg −0.017%
=The price spread pays, funding is against you. Binance is 0.158% dearer against BloFin than usual: you sell high and buy low (spread +0.141% now, against its 7-day average of −0.017%): +$16 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DOGE-USDT | 0.09974 | 0.0220 | pay 0.0220% / 8h | 5h 40m | $15.7M | $25.1M | 75x |
| Short | Binance DOGEUSDT | 0.09988 | 0.0100 | get 0.0100% / 8h | 5h 40m | $320.1M | $1.44B | 75x |
BloFin DOGE-USDT
Binance DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$25.2
- Price spread: +0.141% → −0.017%
- $15.8
- Slippage, 4 orders
- −$7.5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$38.9
- Costs to cover
- 0.295%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; Binance: live order book, 3 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 BloFin live order book, 3 min ago | 1.50 bp | 7.6 bp −$8 | 8.8 bp −$88 | 15.3 bp −$1,531 | 28.8 bp −$14.4K |
| Sell Binance live order book, 3 min ago | 0.50 bp | 5.6 bp −$6 | 8.4 bp −$84 | 22.9 bp −$2,291 | 50.6 bp −$25.3K |
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 | −0.0093% | 8h | 0.09979 | +0.050% | $151.2M | $273.7M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09964 | −0.100% | $224K | $49K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09976 | +0.023% | $443K | $5.1M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09971 | −0.031% | $24K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0011% | 1h | 0.09970 | −0.040% | $596K | $118K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09975 | +0.014% | $806K | $6.1M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09966 | −0.080% | $900 | $436K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09969 | −0.045% | $531K | $991K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09970 | −0.039% | $4.7M | $48.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09971 | −0.034% | $328K | $484K | 20x | as long as short |
Bitget DOGEUSDT
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Katana Perps DOGE-USD
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 DOGEUSDTshort | +0.0100% | 8h | 0.09988 | +0.141% | $320.1M | $1.44B | 75x | |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09989 | +0.150% | $160.8M | $440.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09989 | +0.150% | $111.3M | $988.4M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09995 | +0.208% | $383K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09976 | +0.020% | $243.2M | $131.8M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09977 | +0.030% | $113.6M | $229.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09977 | +0.030% | $66.0M | $43.3M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09981 | +0.070% | — | $76.2M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09974 | 0.000% | $328K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09971 | −0.035% | $997K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1000 | +0.274% | $297K | $129.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1001 | +0.356% | $629K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1001 | +0.361% | $146K | $277K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09965 | −0.091% | $255K | $731K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09969 | −0.050% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09971 | −0.030% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09969 | −0.053% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09970 | −0.040% | $2K | $3.9M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09971 | −0.035% | $5.9M | $56.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09975 | +0.010% | $91.8M | $16.7M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09963 | −0.112% | $549K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09966 | −0.082% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0104% | 8h | 0.09965 | −0.092% | $18K | $6K | 30x | as long as short |
| Reya DOGERUSDPERP | +0.0186% | 1h | 0.09969 | −0.049% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0208% | 1h | 0.09972 | −0.018% | $532 | $4K | 10x | as long as short |
| BloFin DOGE-USDTlong | +0.0220% | 8h | 0.09974 | long leg | $15.7M | $25.1M | 75x | |
| Phoenix DOGE | +0.0240% | 1h | 0.09980 | +0.064% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0267% | 1h | 0.09971 | −0.026% | $310K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.09978 | +0.040% | $2.3M | $26.1M | 50x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0307% | 1h | 0.09970 | −0.039% | $5.7M | $35.1M | 50x | as long as short |
| Hyperliquid DOGE | +0.0434% | 1h | 0.09989 | +0.154% | $121.9M | $100.0M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0747% | 1h | 0.09974 | −0.005% | $402K | $367K | 10x | as long as short |
| Arcus DOGE-USD | +0.0781% | 1h | 0.09983 | +0.090% | $128K | $179K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1072% | 1h | 0.1000 | +0.261% | $5K | $239K | 12x | as long as short |
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
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
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Arcus DOGE-USD
Injective DOGE/USDC PERP