Funding you earn now, next payment 05:00 UTC−0.0204%/8h= −22.3% APRnext payment −$0.26 per $10,000 · paid last 24h −0.029%
Price spread now: ApeX Omni against Coinbase International−0.260%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$570.571% of the position
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 4 days (all we have)+0.248%+$25 · spread now −0.260%, 7d avg −0.002%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and ApeX Omni is 0.258% cheaper against Coinbase International than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.002%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.083%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.083% in total (about 4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.26 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 | Coinbase International DOGE-PERP-INTX | 0.1002 | 0.0304 | pay 0.0038% / 1h | 56m 29s | $2.0M | $33.8M | 50x |
| Short | ApeX Omni DOGEUSDT | 0.09990 | 0.0100 | get 0.0013% / 1h | 56m 29s | $150K | $335K | 25x |
Coinbase International DOGE-PERP-INTX
ApeX Omni DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Coinbase International. 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
- −$42.84
- Price spread: −0.260% → −0.002%
- −$25.75
- Slippage, 4 orders
- −$37.08
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$125.68
- Costs to cover
- 0.571%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; ApeX Omni: live order book, 56 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 Coinbase International live order book, 3 min ago | 1.50 bp | 9.3 bp −$9 | 14.8 bp −$148 | 43.3 bp −$4,333 | doesn't fit |
| Sell ApeX Omni live order book, 56 min ago | 4.74 bp | 17.3 bp −$17 | 52.6 bp −$526 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX DOGE-USD | 0.0000% | 1h | 0.1000 | −0.155% | $225K | $70K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09993 | −0.228% | $644K | $6.4M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1001 | −0.087% | $34K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0002% | 1h | 0.1001 | −0.029% | $5.6M | $40.5M | 50x | as long as short |
| Polymarket Perps DOGE-USD | +0.0045% | 1h | 0.09988 | −0.281% | $262K | $1.1M | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1001 | −0.106% | $738K | $6.5M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1000 | −0.150% | $548K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.1000 | −0.150% | $124.7M | $113.7M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09997 | −0.194% | $4.4M | $56.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1000 | −0.155% | $320K | $524K | 20x | as long as short |
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Kraken Futures PF_DOGEUSD
Polymarket Perps DOGE-USD
Lighter DOGE
Nado DOGE-PERP
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.09995 | −0.210% | $325.2M | $1.65B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09991 | −0.250% | $162.7M | $510.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09995 | −0.210% | $114.0M | $1.16B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1002 | +0.029% | $385K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09996 | −0.200% | $246.3M | $148.6M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1000 | −0.150% | $113.6M | $248.8M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1000 | −0.130% | $66.5M | $49.0M | 75x | as long as short |
| Bitget DOGEUSDT | +0.0100% | 8h | 0.09992 | −0.240% | $129.8M | $322.6M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09993 | −0.230% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1002 | +0.080% | $316K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09995 | −0.212% | $1.1M | $8.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09998 | −0.183% | $315K | $137.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1000 | −0.141% | $633K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDTshort | +0.0100% | 1h | 0.09990 | −0.260% | $150K | $335K | 25x | |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1001 | −0.080% | $65K | $464K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1000 | −0.110% | $19K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1001 | −0.040% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1001 | −0.040% | $2K | $5.2M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1002 | +0.055% | $5.9M | $66.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1003 | +0.090% | $92.2M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09996 | −0.200% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09995 | −0.211% | $481K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1001 | −0.057% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0115% | 8h | 0.09995 | −0.210% | $1K | $514K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0150% | 1h | 0.1002 | −0.006% | $569K | $247K | 25x | as long as short |
| 01 Exchange DOGEUSD | +0.0160% | 1h | 0.1000 | −0.154% | $445 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0193% | 1h | 0.09994 | −0.217% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1003 | +0.110% | $16.2M | $26.9M | 75x | as long as short |
| Arcus DOGE-USD | +0.0231% | 1h | 0.1001 | −0.090% | $108K | $207K | 10x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1000 | −0.133% | $18K | $382K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0252% / S −0.0290% | 1h | 0.1001 | −0.081% | $324K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTXlong | +0.0304% | 1h | 0.1002 | long leg | $2.0M | $33.8M | 50x | |
| RISEx DOGE/USDC | +0.0686% | 1h | 0.1000 | −0.122% | $403K | $437K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1217% | 1h | 0.1053 | +5.132% | $6K | $242K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
Bitget DOGEUSDT
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
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
Katana Perps DOGE-USD
Deribit DOGE_USDC-PERPETUAL
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Arcus DOGE-USD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Injective DOGE/USDC PERP