Funding you earn now, next payment 06:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h +0.004%
Price spread now: BloFin against Coinbase International+0.211%58s7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$340.344% of the position
Funding, last 7 days+0.252%+$25 on $10k
+Price spread, last 4 days (all we have)−0.217%−$22 · spread now +0.211%, 7d avg −0.008%
=The price spread pays, funding is against you. BloFin is 0.219% dearer against Coinbase International than usual: you sell high and buy low (spread +0.211% now, against its 7-day average of −0.008%): +$22 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 36 days. Mind the row above: over the last 7 days funding on this pair paid +0.252%, so the current rate has only just turned against you. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOGE-PERP-INTX | 0.09973 | 0.0240 | pay 0.0030% / 1h | 35m 46s | $1.9M | $34.8M | 50x |
| Short | BloFin DOGE-USDT | 0.09994 | 0.0220 | get 0.0220% / 8h | 1h 35m | $16.3M | $27.1M | 75x |
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$4.2
- Price spread: +0.211% → −0.008%
- $21.87
- Slippage, 4 orders
- −$12.35
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$16.68
- Costs to cover
- 0.344%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; BloFin: live order book, 3 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 | 2.00 bp | 11.2 bp −$11 | 16.4 bp −$164 | 37.9 bp −$3,793 | doesn't fit |
| Sell BloFin live order book, 3 min ago | 1.00 bp | 7.0 bp −$7 | 10.5 bp −$105 | 18.5 bp −$1,852 | 38.0 bp −$19.0K |
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 | −0.0083% | 1h | 0.09972 | −0.011% | $5.6M | $40.5M | 50x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09976 | +0.027% | $224K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09975 | +0.016% | $611K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09967 | −0.064% | $34K | — | 150x | as long as short |
| Polymarket Perps DOGE-USD | +0.0014% | 1h | 0.09961 | −0.121% | $265K | $1.2M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.585% | $6K | $242K | 12x | as long as short |
| Bitget DOGEUSDT | +0.0068% | 8h | 0.09963 | −0.100% | $142.1M | $344.0M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09964 | −0.093% | $18K | $382K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09979 | +0.063% | $850K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09960 | −0.125% | $538K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Polymarket Perps DOGE-USD
Injective DOGE/USDC PERP
Bitget DOGEUSDT
Phoenix DOGE
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 | 0.09973 | −0.003% | $4.5M | $58.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09975 | +0.023% | $319K | $501K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09973 | 0.000% | $327.5M | $1.71B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09968 | −0.050% | $165.2M | $520.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09971 | −0.020% | $117.7M | $1.20B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09965 | −0.079% | $383K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09969 | −0.040% | $249.3M | $155.8M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09973 | 0.000% | $110.4M | $257.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09973 | 0.000% | $66.4M | $50.1M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09978 | +0.050% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09969 | −0.040% | $303K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09967 | −0.063% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09975 | +0.016% | $304K | $140.2M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09977 | +0.038% | $630K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09980 | +0.070% | $149K | $337K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09970 | −0.030% | $66K | $467K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09967 | −0.064% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09982 | +0.095% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09970 | −0.030% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09974 | +0.011% | $5.9M | $68.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09974 | +0.010% | $91.6M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09971 | −0.020% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09967 | −0.065% | $486K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09968 | −0.051% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0109% | 8h | 0.09972 | −0.010% | $2K | $533K | 10x | as long as short |
| Hyperliquid DOGE | +0.0119% | 1h | 0.09985 | +0.116% | $123.9M | $116.3M | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0197% | 1h | 0.09957 | −0.157% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDTshort | +0.0220% | 8h | 0.09994 | +0.211% | $16.3M | $27.1M | 75x | |
| Deribit DOGE_USDC-PERPETUAL | +0.0222% | 1h | 0.09972 | −0.010% | $572K | $252K | 25x | as long as short |
| Coinbase International DOGE-PERP-INTXlong | +0.0240% | 1h | 0.09973 | long leg | $1.9M | $34.8M | 50x | |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09963 | −0.096% | $314K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0256% | 1h | 0.09982 | +0.086% | $444 | $4K | 10x | as long as short |
| Arcus DOGE-USD | +0.0387% | 1h | 0.09974 | +0.010% | $23K | $304K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0626% | 1h | 0.09972 | −0.009% | $402K | $452K | 10x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
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
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
Hyperliquid DOGE
Reya DOGERUSDPERP
Deribit DOGE_USDC-PERPETUAL
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Arcus DOGE-USD
RISEx DOGE/USDC