Funding you earn now, next payment 22:00 UTC+0.0750%/8h= +82.1% APRnext payment +$0.94 per $10,000 · paid last 24h +0.183%
Price spread now: Injective against Coinbase International+0.268%7-day average +0.166% · you sell dearer than you buy
Net, funding: paid 7d − costs+$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$790.793% of the position
Funding, last 7 days+1.583%+$158 on $10k
+Price spread, last 3 days (all we have)−0.355%−$36 · spread now +0.268%, 7d avg +0.166%
=Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Injective is 0.102% dearer against Coinbase International than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.166%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOGE-PERP-INTX | 0.1006 | 0.0216 | pay 0.0027% / 1h | 22m 46s | $2.0M | $23.7M | 50x |
| Short | Injective DOGE/USDC PERP | 0.1009 | 0.0966 | get 0.0121% / 1h | 22m 46s | $5K | $207K | 12x |
Coinbase International DOGE-PERP-INTX
Injective DOGE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $157.49
- Price spread: +0.268% → +0.166%
- $10.21
- Slippage, 4 orders
- −$69.28
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $88.41
- Costs to cover
- 0.793%
- Break-even
- 3.1 days
Slippage from Coinbase International: live order book, 1 min ago; Injective: live order book, 61 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, 1 min ago | 2.49 bp | 8.6 bp −$9 | 15.0 bp −$150 | 45.5 bp −$4,554 | doesn't fit |
| Sell Injective live order book, 61 min ago | 30.12 bp | 30.1 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0264% | 8h | 0.1005 | −0.119% | $153.5M | $266.2M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1006 | −0.046% | $419K | $4.7M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1005 | −0.127% | $608K | $109K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1005 | −0.124% | $32K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0011% | 1h | 0.1006 | −0.057% | $226K | $44K | 10x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.1007 | +0.068% | $66K | $222K | 10x | as long as short |
| Gate DOGE_USDT | +0.0092% | 8h | 0.1005 | −0.099% | $242.2M | $124.2M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1006 | −0.007% | $793K | $5.4M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0097% | 8h | 0.1006 | −0.040% | $842 | $370K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1006 | −0.015% | $580K | $856K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Phoenix DOGE
Gate DOGE_USDT
Lighter DOGE
Katana Perps DOGE-USD
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 | 0.1006 | −0.030% | $5.0M | $43.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1005 | −0.098% | $336K | $508K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1006 | −0.018% | $320.5M | $1.32B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1006 | −0.020% | $159.6M | $420.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1006 | −0.010% | $109.7M | $932.6M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1007 | +0.050% | $28K | $76K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09966 | −0.967% | $382K | $14K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1006 | −0.050% | $111.3M | $217.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1006 | −0.060% | $66.1M | $41.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1006 | −0.060% | — | $74.7M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1001 | −0.524% | $1.0M | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1002 | −0.414% | $275K | $116.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1003 | −0.290% | $634K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1002 | −0.427% | $146K | $244K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1006 | −0.050% | $268K | $540K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1005 | −0.159% | $73K | $432K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1005 | −0.157% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1006 | +0.018% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1005 | −0.109% | $2K | $3.6M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1005 | −0.159% | $6.0M | $50.3M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1006 | −0.079% | $93.2M | $19.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.1005 | −0.173% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1006 | −0.078% | $556K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1005 | −0.129% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0177% | 1h | 0.1006 | −0.054% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.1007 | +0.038% | $532 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTXlong | +0.0216% | 1h | 0.1006 | long leg | $2.0M | $23.7M | 50x | |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1006 | −0.020% | $15.4M | $25.0M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0270% | 1h | 0.1005 | −0.113% | $315K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0363% | 1h | 0.1005 | −0.111% | $6.0M | $32.8M | 50x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0412% | 1h | 0.1006 | 0.000% | $538K | $956K | 15x | as long as short |
| Hyperliquid DOGE | +0.0439% | 1h | 0.1007 | +0.070% | $111.5M | $82.7M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0702% | 1h | 0.1007 | +0.060% | $315K | $476K | 10x | as long as short |
| Injective DOGE/USDC PERPshort | +0.0966% | 1h | 0.1009 | +0.268% | $5K | $207K | 12x |
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
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Backpack DOGE_USDC_PERP
Hyperliquid DOGE
RISEx DOGE/USDC