Funding you earn now, next payment 05:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h −0.029%
Price spread now: MEXC against Coinbase International−0.020%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$210.210% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.020%, 7d avg −0.027%
=The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOGE-PERP-INTX | 0.1001 | 0.0304 | pay 0.0038% / 1h | 55m 07s | $2.0M | $33.8M | 50x |
| Short | MEXC DOGE_USDT | 0.1001 | 0.0100 | get 0.0100% / 8h | 2h 55m | $114.6M | $249.2M | 300x |
Coinbase International DOGE-PERP-INTX
MEXC DOGE_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$42.84
- Price spread: −0.020% → −0.027%
- $0.7
- Slippage, 4 orders
- −$11.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$63.16
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 4 min ago; MEXC: live order book, 4 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 | 1.50 bp | 9.3 bp −$9 | 14.8 bp −$148 | 43.3 bp −$4,333 | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.50 bp | 0.5 bp −$1 | 3.1 bp −$31 | 23.3 bp −$2,332 | 58.1 bp −$29.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DOGE-USD | −0.0002% | 1h | 0.09985 | −0.245% | $263K | $1.1M | 10x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09993 | −0.160% | $224K | $70K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1000 | −0.054% | $646K | $6.4M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1000 | −0.082% | $34K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0002% | 1h | 0.1001 | −0.020% | $5.6M | $40.6M | 50x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1001 | +0.018% | $739K | $6.5M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09990 | −0.185% | $547K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.1002 | +0.060% | $124.9M | $113.8M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1001 | +0.043% | $4.4M | $56.3M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09994 | −0.149% | $320K | $524K | 20x | as long as short |
Polymarket Perps DOGE-USD
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Kraken Futures PF_DOGEUSD
Lighter DOGE
Nado DOGE-PERP
Hyperliquid DOGE
Aster DOGEUSDT
Pacifica DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.1001 | +0.053% | $325.8M | $1.65B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1001 | +0.010% | $163.0M | $510.8M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1001 | +0.040% | $114.2M | $1.16B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1002 | +0.099% | $385K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1001 | −0.040% | $246.9M | $148.8M | 75x | as long as short |
| MEXC DOGE_USDTshort | +0.0100% | 8h | 0.1001 | −0.020% | $114.6M | $249.2M | 300x | |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1001 | +0.010% | $66.5M | $49.1M | 75x | as long as short |
| Bitget DOGEUSDT | +0.0100% | 8h | 0.1001 | −0.030% | $130.0M | $322.7M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1000 | −0.050% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1001 | −0.010% | $315K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1001 | −0.013% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09995 | −0.143% | $312K | $137.7M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1001 | −0.001% | $633K | $4.7M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1001 | +0.020% | $65K | $464K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1001 | +0.007% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1001 | −0.010% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1001 | −0.030% | $2K | $5.2M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1000 | −0.043% | $5.9M | $66.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1001 | +0.010% | $92.1M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09992 | −0.169% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1001 | −0.037% | $481K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1001 | +0.032% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0114% | 8h | 0.09986 | −0.230% | $1K | $516K | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0160% | 1h | 0.09994 | −0.152% | $444 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0193% | 1h | 0.09989 | −0.202% | $2K | — | 20x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0220% | 1h | 0.1001 | +0.059% | $569K | $248K | 25x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1001 | +0.030% | $16.2M | $26.9M | 75x | as long as short |
| Arcus DOGE-USD | +0.0231% | 1h | 0.1000 | −0.070% | $108K | $207K | 10x | as long as short |
| Phoenix DOGE | +0.0235% | 1h | 0.1000 | −0.063% | $18K | $382K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0252% / S −0.0290% | 1h | 0.10000 | −0.093% | $324K | — | 200x | as long as short |
| ApeX Omni DOGEUSDT | +0.0288% | 1h | 0.1000 | −0.090% | $150K | $336K | 25x | as long as short |
| Coinbase International DOGE-PERP-INTXlong | +0.0304% | 1h | 0.1001 | long leg | $2.0M | $33.8M | 50x | |
| RISEx DOGE/USDC | +0.0686% | 1h | 0.09998 | −0.114% | $403K | $437K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1217% | 1h | 0.1053 | +5.205% | $6K | $242K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
KuCoin DOGEUSDTM
Bitget DOGEUSDT
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
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
01 Exchange DOGEUSD
Reya DOGERUSDPERP
Deribit DOGE_USDC-PERPETUAL
BloFin DOGE-USDT
Arcus DOGE-USD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
ApeX Omni DOGEUSDT
RISEx DOGE/USDC
Injective DOGE/USDC PERP