Funding you earn now, next payment 23:00 UTC+0.0170%/8h= +18.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.049%
Price spread now: GMX against Bulk+0.862%7-day average +0.026% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.139%+$14 on $10k
+Price spread, last 3 days (all we have)−0.774%−$77 · spread now +0.862%, 7d avg +0.026%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and GMX is 0.836% dearer against Bulk than usual: you sell high and buy low: +$84 more if the spread goes back to its 7-day average of +0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk DOGE-USD | 0.09966 | 0.0100 | pay 0.0013% / 1h | 22m 46s | $382K | $14K | 10x |
| Short | GMX DOGE/USD [ETH-USDC] | 0.1005 | L +0.0246% / S −0.0270% | get 0.0034% / 1h | 22m 46s | $315K | — | 200x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $35.61
- Price spread: +0.862% → +0.026%
- $83.64
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $100.26
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Bulk: live order book, 61 min ago; GMX: 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 Bulk live order book, 61 min ago | 5.02 bp | 8.5 bp −$9 | 15.1 bp −$151 | 20.5 bp −$2,049 | 31.6 bp −$15.8K |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 DOGEUSDT | −0.0264% | 8h | 0.1005 | +0.856% | $153.5M | $266.2M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1006 | +0.930% | $419K | $4.7M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1005 | +0.848% | $608K | $109K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1005 | +0.851% | $32K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0011% | 1h | 0.1006 | +0.919% | $226K | $44K | 10x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.1007 | +1.045% | $66K | $222K | 10x | as long as short |
| Gate DOGE_USDT | +0.0092% | 8h | 0.1005 | +0.876% | $242.2M | $124.2M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1006 | +0.969% | $793K | $5.4M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.1006 | +0.936% | $842 | $370K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1006 | +0.961% | $580K | $856K | 10x | as long as short |
Show all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.1006 | +0.946% | $5.0M | $43.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1005 | +0.877% | $336K | $508K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1006 | +0.958% | $320.5M | $1.32B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1006 | +0.956% | $159.6M | $420.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1006 | +0.966% | $109.7M | $932.6M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1007 | +1.027% | $28K | $76K | 10x | as long as short |
| Bulk DOGE-USDlong | +0.0100% | 1h | 0.09966 | long leg | $382K | $14K | 10x | |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1006 | +0.926% | $111.3M | $217.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1006 | +0.916% | $66.1M | $41.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1006 | +0.916% | — | $74.7M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1001 | +0.447% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1002 | +0.558% | $275K | $116.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1003 | +0.684% | $634K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1002 | +0.545% | $146K | $244K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1006 | +0.926% | $268K | $540K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1005 | +0.816% | $73K | $432K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1005 | +0.818% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1006 | +0.994% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1005 | +0.866% | $2K | $3.6M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1005 | +0.816% | $6.0M | $50.3M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1006 | +0.896% | $93.2M | $19.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.1005 | +0.802% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1006 | +0.897% | $556K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1005 | +0.846% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0177% | 1h | 0.1006 | +0.922% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.1007 | +1.015% | $532 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.1006 | +0.976% | $2.0M | $23.7M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1006 | +0.956% | $15.4M | $25.0M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC]short | L +0.0246% / S −0.0270% | 1h | 0.1005 | +0.862% | $315K | — | 200x | |
| Kraken Futures PF_DOGEUSD | +0.0363% | 1h | 0.1005 | +0.864% | $6.0M | $32.8M | 50x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0412% | 1h | 0.1006 | +0.976% | $538K | $956K | 15x | as long as short |
| Hyperliquid DOGE | +0.0439% | 1h | 0.1007 | +1.047% | $111.5M | $82.7M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0702% | 1h | 0.1007 | +1.037% | $315K | $476K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0966% | 1h | 0.1009 | +1.247% | $5K | $207K | 12x | as long as short |
Bulk DOGE-USD
GMX DOGE/USD [ETH-USDC]
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Phoenix DOGE
Gate DOGE_USDT
Lighter DOGE
Katana Perps DOGE-USD
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
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
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
Kraken Futures PF_DOGEUSD
Backpack DOGE_USDC_PERP
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP