Funding you earn now, next payment 07:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.033%
Price spread now: KuCoin against Coinbase International−0.482%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$400.400% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)+0.446%+$45 · spread now −0.482%, 7d avg −0.028%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.454% cheaper against Coinbase International than usual: you would sell low and buy high (−$45 if the spread goes back to its 7-day average of −0.028%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOGE-PERP-INTX | 0.09961 | 0.0216 | pay 0.0027% / 1h | 39m 37s | $1.9M | $34.8M | 50x |
| Short | KuCoin DOGEUSDTM | 0.09913 | 0.0100 | get 0.0100% / 8h | 39m 37s | $66.1M | $49.9M | 75x |
Coinbase International DOGE-PERP-INTX
KuCoin DOGEUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$24.36
- Price spread: −0.482% → −0.028%
- −$45.38
- Slippage, 4 orders
- −$18.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$109.75
- Costs to cover
- 0.400%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 5 min ago; KuCoin: live order book, 9 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 | 1.00 bp | 11.6 bp −$12 | 18.1 bp −$181 | 45.0 bp −$4,497 | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 1.00 bp | 11.5 bp −$11 | 18.7 bp −$187 | 43.6 bp −$4,358 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0060% | 1h | 0.09934 | −0.266% | $5.6M | $40.7M | 50x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09919 | −0.421% | $223K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09931 | −0.305% | $593K | $6.5M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09940 | −0.215% | $570K | $252K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09939 | −0.217% | $35K | — | 150x | as long as short |
| Bitget DOGEUSDT | +0.0021% | 8h | 0.09904 | −0.572% | $140.4M | $347.0M | 75x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.712% | $6K | $242K | 12x | as long as short |
| Polymarket Perps DOGE-USD | +0.0037% | 1h | 0.09936 | −0.252% | $259K | $1.2M | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09924 | −0.366% | $833K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09940 | −0.206% | $536K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
dYdX DOGE-USD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Bitget DOGEUSDT
Injective DOGE/USDC PERP
Polymarket 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOGE | +0.0100% | 1h | 0.09926 | −0.348% | $123.5M | $117.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09914 | −0.472% | $4.5M | $59.0M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09917 | −0.445% | $318K | $504K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09916 | −0.456% | $327.4M | $1.72B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09923 | −0.381% | $164.4M | $524.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09912 | −0.492% | $115.6M | $1.20B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09910 | −0.512% | $17K | $308K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09910 | −0.512% | $381K | $15K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09906 | −0.552% | $248.3M | $156.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09915 | −0.462% | $116.6M | $258.2M | 300x | as long as short |
| KuCoin DOGEUSDTMshort | +0.0100% | 8h | 0.09913 | −0.482% | $66.1M | $49.9M | 75x | |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09917 | −0.442% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09931 | −0.301% | $301K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09964 | +0.026% | $1.1M | $8.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09969 | +0.083% | $304K | $139.7M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09971 | +0.100% | $628K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09970 | +0.090% | $143K | $344K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09937 | −0.241% | $71K | $472K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09928 | −0.328% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09949 | −0.119% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09933 | −0.281% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09936 | −0.255% | $5.9M | $68.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09934 | −0.271% | $91.0M | $16.8M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09910 | −0.510% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09906 | −0.549% | $485K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09938 | −0.236% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0107% | 8h | 0.09910 | −0.512% | $828 | $539K | 10x | as long as short |
| Phoenix DOGE | +0.0160% | 1h | 0.09978 | +0.171% | $18K | $382K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0199% | 1h | 0.09928 | −0.330% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTXlong | +0.0216% | 1h | 0.09961 | long leg | $1.9M | $34.8M | 50x | |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09964 | +0.030% | $15.5M | $27.0M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09939 | −0.225% | $313K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0264% | 1h | 0.09916 | −0.456% | $441 | $4K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0731% | 1h | 0.09917 | −0.437% | $404K | $462K | 10x | as long as short |
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
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
Phoenix DOGE
Reya DOGERUSDPERP
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
RISEx DOGE/USDC