Funding you earn now, next payment 21:00 UTC−0.0124%/8h= −13.6% APRpaid last 24h −0.016%
Price spread now: Binance against Coinbase International−0.233%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$310.314% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 3 days (all we have)+0.270%+$27 · spread now −0.233%, 7d avg −0.018%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.215% cheaper against Coinbase International than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.018%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.054%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOGE-PERP-INTX | 0.09867 | 0.0224 | pay 0.0028% / 1h | 36m 45s | $2.0M | $22.2M | 50x |
| Short | Binance DOGEUSDT | 0.09844 | 0.0100 | get 0.0100% / 8h | 2h 36m | $312.9M | $1.26B | 75x |
Coinbase International DOGE-PERP-INTX
Binance DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$26.04
- Price spread: −0.233% → −0.018%
- −$21.46
- Slippage, 4 orders
- −$11.41
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$78.92
- Costs to cover
- 0.314%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; Binance: live order book, 7 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, 2 min ago | 1.52 bp | 8.4 bp −$8 | 13.6 bp −$136 | 41.8 bp −$4,177 | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.50 bp | 5.5 bp −$6 | 7.1 bp −$71 | 17.1 bp −$1,708 | 33.0 bp −$16.5K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0279% | 8h | 0.09837 | −0.304% | $151.3M | $259.9M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09840 | −0.274% | $357K | $4.3M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09857 | −0.106% | $32K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0054% | 1h | 0.09846 | −0.213% | $221K | $44K | 10x | as long as short |
| Gate DOGE_USDT | +0.0060% | 8h | 0.09847 | −0.203% | $234.2M | $119.0M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09899 | +0.324% | $15K | $225K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0095% | 8h | 0.09853 | −0.142% | $1K | $336K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09848 | −0.195% | $781K | $5.1M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09854 | −0.132% | $626K | $695K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09850 | −0.172% | $4.9M | $40.6M | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Gate DOGE_USDT
Phoenix DOGE
Katana Perps DOGE-USD
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09848 | −0.189% | $335K | $505K | 20x | as long as short |
| Binance DOGEUSDTshort | +0.0100% | 8h | 0.09844 | −0.233% | $312.9M | $1.26B | 75x | |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09840 | −0.274% | $156.2M | $397.1M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09844 | −0.233% | $107.4M | $880.8M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09863 | −0.041% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09919 | +0.526% | $380K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09854 | −0.132% | $119.2M | $214.3M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09856 | −0.111% | $64.9M | $39.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09847 | −0.203% | — | $73.2M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09888 | +0.208% | $934K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09844 | −0.233% | $261K | $111.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09895 | +0.281% | $629K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09890 | +0.233% | $141K | $223K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09853 | −0.147% | $271K | $533K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09866 | −0.010% | $56K | $397K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09862 | −0.049% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09869 | +0.022% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09864 | −0.030% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09864 | −0.027% | $5.9M | $46.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09866 | −0.010% | $91.6M | $19.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09856 | −0.107% | $19K | $3K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09854 | −0.127% | $545K | $3.5M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09866 | −0.015% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0145% | 1h | 0.09868 | +0.011% | $617K | $88K | 25x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0165% | 1h | 0.09873 | +0.061% | $522K | $934K | 15x | as long as short |
| Reya DOGERUSDPERP | +0.0173% | 1h | 0.09854 | −0.135% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0208% | 1h | 0.09859 | −0.077% | $521 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09861 | −0.061% | $15.2M | $23.7M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTXlong | +0.0224% | 1h | 0.09867 | long leg | $2.0M | $22.2M | 50x | |
| GMX DOGE/USD [ETH-USDC] | L +0.0243% / S −0.0263% | 1h | 0.09857 | −0.099% | $304K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0290% | 1h | 0.09861 | −0.059% | $6.1M | $31.5M | 50x | as long as short |
| Hyperliquid DOGE | +0.0450% | 1h | 0.09858 | −0.093% | $109.4M | $78.5M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09864 | −0.032% | $308K | $470K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09870 | +0.030% | $5K | $153K | 12x | as long as short |
Pacifica DOGE
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
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
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Deribit DOGE_USDC-PERPETUAL
Backpack DOGE_USDC_PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP