Funding you earn now, next payment 08:00 UTC−0.0108%/8h= −11.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.035%
Price spread now: SoDEX against Coinbase International+0.010%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$300.305% of the position
Funding, last 4 days (all we have)−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.010%, 7d avg −0.026%
=The price spread pays, funding is against you. SoDEX is 0.036% dearer against Coinbase International than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.026%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 4 days (−0.034% in total) that is about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International DOGE-PERP-INTX | 0.09968 | 0.0208 | pay 0.0026% / 1h | 3m 34s | $2.2M | $35.4M | 50x |
| Short | SoDEX DOGE-USD | 0.09969 | 0.0100 | get 0.0013% / 1h | 3m 34s | $2K | $5.5M | 10x |
Coinbase International DOGE-PERP-INTX
SoDEX DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$22.68
- Price spread: +0.010% → −0.026%
- $3.6
- Slippage, 4 orders
- −$12.45
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$49.54
- Costs to cover
- 0.305%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 6 min ago; SoDEX: live order book, just now.
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, 6 min ago | 1.51 bp | 11.6 bp −$12 | 14.5 bp −$145 | 41.2 bp −$4,123 | doesn't fit |
| Sell SoDEX live order book, just now | 0.50 bp | 4.5 bp −$5 | 7.7 bp −$77 | 146.3 bp −$14.6K | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0095% | 1h | 0.09970 | +0.016% | $5.4M | $40.7M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0021% | 8h | 0.09955 | −0.130% | $140.6M | $347.9M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09961 | −0.071% | $515K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09965 | −0.030% | $33K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.638% | $6K | $242K | 12x | as long as short |
| Gate DOGE_USDT | +0.0067% | 8h | 0.09959 | −0.090% | $252.4M | $157.2M | 75x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09963 | −0.050% | $18K | $386K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09973 | +0.049% | $828K | $6.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09964 | −0.040% | $832 | $544K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09960 | −0.075% | $516K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Gate DOGE_USDT
Phoenix DOGE
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERPShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOGE | +0.0100% | 1h | 0.09972 | +0.043% | $124.4M | $113.5M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09964 | −0.041% | $5.0M | $58.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09967 | −0.014% | $324K | $474K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09962 | −0.057% | $328.9M | $1.69B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09959 | −0.090% | $166.4M | $520.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09960 | −0.080% | $116.9M | $1.18B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09967 | −0.010% | $17K | $307K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09946 | −0.226% | $380K | $2K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09963 | −0.050% | $114.3M | $266.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09964 | −0.040% | $66.4M | $49.2M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09958 | −0.100% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09966 | −0.020% | $307K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09962 | −0.062% | $1.1M | $8.3M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09957 | −0.114% | $264K | $138.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09957 | −0.112% | $627K | $4.0M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09950 | −0.181% | $142K | $346K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09957 | −0.105% | $259K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09968 | 0.000% | $72K | $451K | 50x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09961 | −0.071% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USDshort | +0.0100% | 1h | 0.09969 | +0.010% | $2K | $5.5M | 10x | |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09980 | +0.120% | $6.0M | $67.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09967 | −0.010% | $91.0M | $16.2M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09965 | −0.035% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09958 | −0.096% | $483K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09970 | +0.015% | $19K | — | 3x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0111% | 1h | 0.09973 | +0.049% | $558K | $301K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0203% | 1h | 0.09959 | −0.088% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTXlong | +0.0208% | 1h | 0.09968 | long leg | $2.2M | $35.4M | 50x | |
| 01 Exchange DOGEUSD | +0.0216% | 1h | 0.09970 | +0.018% | $459 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09956 | −0.120% | $15.3M | $27.0M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0235% / S −0.0304% | 1h | 0.09966 | −0.023% | $360K | — | 200x | as long as short |
| dYdX DOGE-USD | +0.0350% | 1h | 0.09965 | −0.027% | $234K | $72K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0717% | 1h | 0.09970 | +0.020% | $404K | $450K | 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
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
SunX DOGE-USDT
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
dYdX DOGE-USD
RISEx DOGE/USDC