Funding you earn now, next payment 21:00 UTC−0.0124%/8h= −13.6% APRpaid last 24h −0.015%
Price spread now: BingX against Coinbase International+0.172%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$12as in the Price arb table
costs, in and out, $10k−$320.317% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 3 days (all we have)−0.143%−$14 · spread now +0.172%, 7d avg −0.028%
=The price spread pays, funding is against you. BingX is 0.200% dearer against Coinbase International than usual: you sell high and buy low (spread +0.172% now, against its 7-day average of −0.028%): +$20 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.068%, 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 | 0.09893 | 0.0224 | pay 0.0028% / 1h | 43m 56s | $2.0M | $22.1M | 50x |
| Short | BingX DOGE-USDT | 0.09910 | 0.0100 | get 0.0100% / 8h | 2h 43m | — | $73.2M | — |
Coinbase International DOGE-PERP-INTX
BingX DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: +0.172% → −0.028%
- $20.03
- Slippage, 4 orders
- −$11.74
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$37.75
- Costs to cover
- 0.317%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 5 min ago; BingX: live order book, 10 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 | 2.02 bp | 9.7 bp −$10 | 15.2 bp −$152 | 45.2 bp −$4,518 | doesn't fit |
| Sell BingX live order book, 10 min ago | 1.00 bp | 6.0 bp −$6 | 8.3 bp −$83 | 15.0 bp −$1,495 | 37.0 bp −$18.5K |
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 | 0.09901 | +0.081% | $152.1M | $259.4M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09889 | −0.038% | $353K | $4.3M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09895 | +0.021% | $618K | $88K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09893 | +0.004% | $31K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0039% | 1h | 0.09882 | −0.112% | $222K | $44K | 10x | as long as short |
| Gate DOGE_USDT | +0.0064% | 8h | 0.09907 | +0.142% | $235.5M | $118.4M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09900 | +0.067% | $15K | $225K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0095% | 8h | 0.09883 | −0.101% | $2K | $334K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09893 | 0.000% | $797K | $5.0M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09881 | −0.116% | $627K | $695K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Gate DOGE_USDT
Phoenix DOGE
Katana Perps DOGE-USD
Lighter DOGE
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 | 0.09906 | +0.135% | $4.9M | $40.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09883 | −0.098% | $337K | $503K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09913 | +0.207% | $317.6M | $1.25B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09907 | +0.142% | $154.2M | $394.0M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09907 | +0.142% | $107.6M | $884.9M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09890 | −0.030% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09895 | +0.020% | $379K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09911 | +0.182% | $120.1M | $212.3M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09909 | +0.162% | $65.2M | $38.9M | 75x | as long as short |
| BingX DOGE-USDTshort | +0.0100% | 8h | 0.09910 | +0.172% | — | $73.2M | — | |
| Variational Omni DOGE | +0.0100% | 8h | 0.09894 | +0.006% | $931K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09885 | −0.077% | $262K | $110.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09895 | +0.020% | $622K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09890 | −0.030% | $141K | $222K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09889 | −0.036% | $274K | $545K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09895 | +0.020% | $72K | $358K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09891 | −0.017% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09892 | −0.006% | $35K | $2.1M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09889 | −0.040% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09892 | −0.009% | $6.0M | $46.2M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09893 | 0.000% | $91.8M | $18.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09883 | −0.103% | $19K | $3K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09908 | +0.155% | $546K | $3.5M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09890 | −0.030% | $19K | — | 3x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0126% | 1h | 0.09898 | +0.051% | $524K | $855K | 15x | as long as short |
| Reya DOGERUSDPERP | +0.0173% | 1h | 0.09891 | −0.020% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09890 | −0.030% | $15.3M | $23.6M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTXlong | +0.0224% | 1h | 0.09893 | long leg | $2.0M | $22.1M | 50x | |
| GMX DOGE/USD [ETH-USDC] | L +0.0243% / S −0.0263% | 1h | 0.09893 | 0.000% | $305K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0264% | 1h | 0.09886 | −0.074% | $522 | $4K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0289% | 1h | 0.09889 | −0.041% | $6.8M | $30.3M | 50x | as long as short |
| Hyperliquid DOGE | +0.0512% | 1h | 0.09902 | +0.087% | $110.5M | $77.7M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09891 | −0.015% | $311K | $469K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09920 | +0.273% | $5K | $153K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
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
Backpack DOGE_USDC_PERP
Reya DOGERUSDPERP
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP