Funding you earn now, next payment 01:00 UTC−0.0140%/8h= −15.3% APRnext payment −$0.18 per $10,000 · paid last 24h −0.024%
Price spread now: Bulk against Coinbase International−0.404%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$370.365% of the position
Funding, last 3 days (all we have)−0.010%−$1 on $10k
+Price spread, last 3 days (all we have)+0.423%+$42 · spread now −0.404%, 7d avg −0.008%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bulk is 0.396% cheaper against Coinbase International than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of −0.008%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOGE-PERP-INTX | 0.09910 | 0.0240 | pay 0.0030% / 1h | 30m 04s | $2.0M | $24.9M | 50x |
| Short | Bulk DOGE-USD | 0.09870 | 0.0100 | get 0.0013% / 1h | 30m 04s | $378K | $5K | 10x |
Coinbase International DOGE-PERP-INTX
Bulk DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk 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
- −$29.4
- Price spread: −0.404% → −0.008%
- −$39.59
- Slippage, 4 orders
- −$19.5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$105.49
- Costs to cover
- 0.365%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Bulk: live order book, 39 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, 4 min ago | 3.03 bp | 10.3 bp −$10 | 16.6 bp −$166 | 51.1 bp −$5,107 | doesn't fit |
| Sell Bulk live order book, 39 min ago | 4.95 bp | 8.4 bp −$8 | 8.4 bp −$84 | 13.6 bp −$1,361 | 23.3 bp −$11.7K |
DOGE on 43 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 | −0.0119% | 8h | 0.09943 | +0.333% | $150.7M | $273.3M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09920 | +0.098% | $389K | $5.0M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09925 | +0.146% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0019% | 1h | 0.09914 | +0.045% | $223K | $51K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0067% | 1h | 0.09940 | +0.299% | $5.8M | $34.1M | 50x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09947 | +0.370% | $772K | $6.0M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09917 | +0.071% | $828 | $427K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09928 | +0.177% | $510K | $981K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09935 | +0.252% | $4.7M | $48.3M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09916 | +0.058% | $327K | $504K | 20x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Kraken Futures PF_DOGEUSD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGEShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.09952 | +0.425% | $315.1M | $1.43B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09951 | +0.414% | $157.5M | $442.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09954 | +0.444% | $109.4M | $979.7M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09937 | +0.272% | $128K | $178K | 10x | as long as short |
| Bulk DOGE-USDshort | +0.0100% | 1h | 0.09870 | −0.404% | $378K | $5K | 10x | |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09943 | +0.333% | $241.1M | $131.9M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09949 | +0.394% | $110.4M | $229.3M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09950 | +0.404% | $65.8M | $43.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09948 | +0.383% | — | $76.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09946 | +0.363% | $344K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09898 | −0.121% | $985K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09884 | −0.266% | $271K | $128.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09885 | −0.252% | $621K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09880 | −0.303% | $144K | $276K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09923 | +0.130% | $256K | $642K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09932 | +0.222% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09930 | +0.199% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09927 | +0.172% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09939 | +0.293% | $2K | $3.7M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09936 | +0.258% | $5.9M | $54.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09939 | +0.293% | $91.6M | $17.2M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09948 | +0.382% | $525K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09936 | +0.259% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0112% | 8h | 0.09904 | −0.060% | $18K | $6K | 30x | as long as short |
| Reya DOGERUSDPERP | +0.0184% | 1h | 0.09923 | +0.129% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09928 | +0.185% | $529 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTXlong | +0.0240% | 1h | 0.09910 | long leg | $2.0M | $24.9M | 50x | |
| Phoenix DOGE | +0.0241% | 1h | 0.09898 | −0.120% | $64K | $284K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0267% | 1h | 0.09924 | +0.139% | $309K | — | 200x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0314% | 1h | 0.09935 | +0.249% | $594K | $118K | 25x | as long as short |
| RISEx DOGE/USDC | +0.0563% | 1h | 0.09931 | +0.207% | $399K | $367K | 10x | as long as short |
| Hyperliquid DOGE | +0.0716% | 1h | 0.09956 | +0.466% | $121.2M | $97.5M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09940 | +0.303% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
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
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Deribit DOGE_USDC-PERPETUAL
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP