Funding you earn now, next payment 01:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.09 per $10,000 · paid last 24h −0.003%
Price spread now: dYdX against Bulk+0.884%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs+$13as in the Price arb table
costs, in and out, $10k−$760.756% of the position
Funding, last 3 days (all we have)−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)−0.859%−$86 · spread now +0.884%, 7d avg −0.007%
=The price spread pays, funding is against you. dYdX is 0.891% dearer against Bulk than usual: you sell high and buy low (spread +0.884% now, against its 7-day average of −0.007%): +$89 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 41 days. At the pace of the last 3 days (−0.006% in total) that is about 17 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk DOGE-USD | 0.10000 | 0.0100 | pay 0.0013% / 1h | 39m 10s | $383K | $12K | 10x |
| Short | dYdX DOGE-USD | 0.1009 | 0.0028 | get 0.0003% / 1h | 39m 10s | $226K | $44K | 10x |
Bulk DOGE-USD
dYdX DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Bulk. 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
- −$15.14
- Price spread: +0.884% → −0.007%
- $89.05
- Slippage, 4 orders
- −$58.65
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$1.73
- Costs to cover
- 0.756%
- Break-even
- from the start
Slippage from Bulk: live order book, 35 min ago; dYdX: live order book, 35 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 Bulk live order book, 35 min ago | 5.04 bp | 8.5 bp −$9 | 8.5 bp −$85 | 9.2 bp −$923 | 19.1 bp −$9,556 |
| Sell dYdX live order book, 35 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex DOGEUSDT | −0.0355% | 8h | 0.1005 | +0.492% | $92.8M | $18.4M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0192% | 8h | 0.1004 | +0.422% | $152.9M | $270.8M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0077% | 1h | 0.1004 | +0.424% | $6.0M | $33.9M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1008 | +0.850% | $401K | $4.8M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1004 | +0.449% | $604K | $121K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1005 | +0.522% | $24K | — | 150x | as long as short |
| dYdX DOGE-USDshort | +0.0028% | 1h | 0.1009 | +0.884% | $226K | $44K | 10x | |
| Lighter DOGE | +0.0096% | 1h | 0.1005 | +0.493% | $827K | $5.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1008 | +0.782% | $1K | $404K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1007 | +0.687% | $517K | $973K | 10x | as long as short |
Phemex DOGEUSDT
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
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 | 0.1005 | +0.532% | $5.0M | $46.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1009 | +0.944% | $336K | $516K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1005 | +0.547% | $319.4M | $1.40B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1005 | +0.532% | $159.3M | $438.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1005 | +0.542% | $110.3M | $969.2M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1008 | +0.772% | $28K | $82K | 10x | as long as short |
| Bulk DOGE-USDlong | +0.0100% | 1h | 0.10000 | long leg | $383K | $12K | 10x | |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1005 | +0.502% | $244.0M | $128.5M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1006 | +0.562% | $113.7M | $223.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1005 | +0.472% | $65.8M | $42.5M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1005 | +0.522% | — | $76.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1005 | +0.512% | $368K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1006 | +0.641% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1007 | +0.662% | $265K | $122.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1006 | +0.610% | $640K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1007 | +0.702% | $148K | $264K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1007 | +0.652% | $264K | $555K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1005 | +0.512% | $73K | $431K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1005 | +0.481% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1005 | +0.539% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1004 | +0.442% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1004 | +0.452% | $6.0M | $52.4M | 75x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1008 | +0.831% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1004 | +0.421% | $607K | $3.8M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1004 | +0.446% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0181% | 1h | 0.1006 | +0.651% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0200% | 1h | 0.1008 | +0.788% | $532 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1005 | +0.472% | $15.3M | $25.6M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1005 | +0.502% | $2.0M | $24.8M | 50x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1007 | +0.723% | $67K | $283K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0244% / S −0.0263% | 1h | 0.1006 | +0.557% | $310K | — | 200x | as long as short |
| RISEx DOGE/USDC | +0.0701% | 1h | 0.1008 | +0.781% | $319K | $478K | 10x | as long as short |
| Hyperliquid DOGE | +0.0845% | 1h | 0.1006 | +0.642% | $121.0M | $92.7M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0973% | 1h | 0.1011 | +1.102% | $5K | $239K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus 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
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP