Funding you earn now, next payment 21:00 UTC−0.0124%/8h= −13.6% APRnext payment −$0.15 per $10,000 · paid last 24h −0.020%
Price spread now: Derive against Coinbase International−0.045%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Derive is 0.045% cheaper against Coinbase International than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOGE-PERP-INTX | 0.09895 | 0.0224 | pay 0.0028% / 1h | 46m 38s | $2.0M | $22.1M | 50x |
| Short | Derive DOGE-PERP | 0.09891 | 0.0100 | get 0.0013% / 1h | 46m 38s | $24K | $1K | 10x |
Coinbase International DOGE-PERP-INTX
Derive DOGE-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive 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: −0.045% → 0.000%
- −$4.52
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$46.56
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 2 min ago; Derive: no order-book sample. Net counts fees only.
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 | 2.02 bp | 9.7 bp −$10 | 15.2 bp −$152 | 45.2 bp −$4,518 | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.09891 | −0.040% | $151.9M | $259.4M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09886 | −0.093% | $349K | $4.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09894 | −0.014% | $31K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0045% | 1h | 0.09899 | +0.035% | $222K | $44K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0053% | 1h | 0.09897 | +0.016% | $619K | $88K | 25x | as long as short |
| Gate DOGE_USDT | +0.0065% | 8h | 0.09896 | +0.010% | $235.2M | $118.3M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09885 | −0.096% | $15K | $225K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0095% | 8h | 0.09895 | 0.000% | $2K | $334K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09902 | +0.068% | $798K | $5.0M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09883 | −0.121% | $627K | $693K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Deribit DOGE_USDC-PERPETUAL
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 | 0.09898 | +0.030% | $4.9M | $40.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09900 | +0.046% | $337K | $503K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09898 | +0.030% | $317.1M | $1.25B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09895 | 0.000% | $154.2M | $393.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09900 | +0.051% | $107.6M | $883.6M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09906 | +0.111% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09895 | 0.000% | $379K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09899 | +0.040% | $117.7M | $210.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09897 | +0.020% | $65.2M | $38.9M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09898 | +0.030% | — | $73.2M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09879 | −0.166% | $1.1M | $7.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09886 | −0.094% | $263K | $110.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09884 | −0.107% | $622K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09880 | −0.152% | $141K | $222K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09890 | −0.051% | $274K | $545K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09894 | −0.010% | $72K | $363K | 50x | as long as short |
| Derive DOGE-PERPshort | +0.0100% | 1h | 0.09891 | −0.045% | $24K | $1K | 10x | |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09890 | −0.046% | $35K | $2.1M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09889 | −0.061% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09891 | −0.045% | $6.0M | $46.2M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09887 | −0.081% | $91.8M | $18.9M | 50x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09904 | +0.091% | $524K | $854K | 15x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09898 | +0.028% | $19K | $3K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09898 | +0.027% | $543K | $3.5M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09893 | −0.017% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0173% | 1h | 0.09895 | +0.002% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09888 | −0.071% | $15.3M | $23.6M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTXlong | +0.0224% | 1h | 0.09895 | long leg | $2.0M | $22.1M | 50x | |
| GMX DOGE/USD [ETH-USDC] | L +0.0243% / S −0.0263% | 1h | 0.09893 | −0.022% | $305K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0289% | 1h | 0.09892 | −0.025% | $6.8M | $30.3M | 50x | as long as short |
| 01 Exchange DOGEUSD | +0.0304% | 1h | 0.09899 | +0.044% | $523 | $4K | 10x | as long as short |
| Hyperliquid DOGE | +0.0523% | 1h | 0.09906 | +0.107% | $110.8M | $77.5M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09908 | +0.130% | $312K | $469K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09910 | +0.152% | $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
BingX DOGE-USDT
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Backpack DOGE_USDC_PERP
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
01 Exchange DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP