Funding you earn now, next payment 03:00 UTC−0.0196%/8h= −21.5% APRpaid last 24h −0.027%
Price spread now: Aster against Coinbase International−0.298%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$310.311% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 4 days (all we have)+0.369%+$37 · spread now −0.298%, 7d avg −0.031%
=Together, before fees+0.400%+ Points / potential airdropAster: Stage 5 · farm board+$40 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aster is 0.267% cheaper against Coinbase International than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.031% in total (about 1.6% a year). A funding rate is set anew for every payment. 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 | 0.1008 | 0.0296 | pay 0.0037% / 1h | 4m 19s | $2.1M | $28.3M | 50x |
| Short | Aster DOGEUSDT | 0.1004 | 0.0100 | get 0.0100% / 8h | 4h 04m | $4.6M | $50.1M | 75x |
Coinbase International DOGE-PERP-INTX
Aster DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$41.16
- Price spread: −0.298% → −0.031%
- −$26.66
- Slippage, 4 orders
- −$13.13
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$98.96
- Costs to cover
- 0.311%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 5 min ago; Aster: live order book, 5 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, 5 min ago | 1.48 bp | 10.7 bp −$11 | 17.9 bp −$179 | 45.9 bp −$4,590 | doesn't fit |
| Sell Aster live order book, 5 min ago | 1.48 bp | 5.5 bp −$5 | 5.8 bp −$58 | 14.8 bp −$1,481 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0031% | 1h | 0.1008 | +0.026% | $5.7M | $35.8M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0026% | 8h | 0.1006 | −0.159% | $151.8M | $278.2M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1006 | −0.198% | $480K | $5.4M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1006 | −0.177% | $24K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0011% | 1h | 0.1004 | −0.376% | $225K | $49K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1009 | +0.146% | $736K | $6.3M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1004 | −0.337% | $2K | $467K | 10x | as long as short |
| Aster DOGEUSDTshort | +0.0100% | 8h | 0.1004 | −0.298% | $4.6M | $50.1M | 75x | |
| Pacifica DOGE | +0.0100% | 1h | 0.1004 | −0.371% | $325K | $484K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1006 | −0.129% | $328.7M | $1.48B | 75x | as long as short |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Lighter DOGE
Katana Perps DOGE-USD
Pacifica DOGE
Binance DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1006 | −0.129% | $165.1M | $452.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1007 | −0.099% | $115.5M | $1.03B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1005 | −0.268% | $386K | $859 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1006 | −0.189% | $248.1M | $136.2M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1006 | −0.119% | $112.9M | $236.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1006 | −0.149% | $67.1M | $44.3M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1005 | −0.278% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1003 | −0.407% | $318K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1006 | −0.132% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1008 | +0.025% | $306K | $131.7M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1009 | +0.120% | $638K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1007 | −0.050% | $146K | $291K | 25x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1006 | −0.169% | $529K | $1.0M | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1006 | −0.179% | $261K | $877K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1007 | −0.099% | $71K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1007 | −0.099% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1005 | −0.224% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1007 | −0.060% | $2K | $4.1M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1008 | +0.034% | $6.0M | $58.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1008 | +0.089% | $92.7M | $16.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1003 | −0.425% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1006 | −0.113% | $494K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1007 | −0.089% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0190% | 1h | 0.1006 | −0.156% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0216% | 1h | 0.1005 | −0.223% | $536 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1004 | −0.347% | $15.8M | $25.5M | 75x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.1009 | +0.130% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0267% | 1h | 0.1006 | −0.150% | $313K | — | 200x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0257% | 1h | 0.1007 | −0.059% | $602K | $119K | 25x | as long as short |
| Hyperliquid DOGE | +0.0258% | 1h | 0.1007 | −0.079% | $123.1M | $102.3M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTXlong | +0.0296% | 1h | 0.1008 | long leg | $2.1M | $28.3M | 50x | |
| Arcus DOGE-USD | +0.0690% | 1h | 0.1006 | −0.159% | $110K | $199K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.1005 | −0.218% | $407K | $415K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.1008 | +0.050% | $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-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Nado DOGE-PERP
Polymarket Perps DOGE-USD
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
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Deribit DOGE_USDC-PERPETUAL
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP