Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.033%
Price spread now: Binance against Deribit+0.021%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$310.306% of the position
Funding, last 7 days+0.156%+$16 on $10k
+Price spread, last 3 days (all we have)−0.022%−$2 · spread now +0.021%, 7d avg −0.001%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.022% dearer against Deribit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DOGE_USDC-PERPETUAL | 0.09870 | 0 | get 0.0000% / 1h | 34m 34s | $617K | $91K | 25x |
| Short | Binance DOGEUSDT | 0.09872 | 0.0100 | get 0.0100% / 8h | 2h 34m | $313.8M | $1.26B | 75x |
Deribit DOGE_USDC-PERPETUAL
Binance DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Deribit. 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
- $21
- Price spread: +0.021% → −0.001%
- $2.2
- Slippage, 4 orders
- −$13.59
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$7.39
- Costs to cover
- 0.306%
- Break-even
- 9.5 days
Slippage from Deribit: live order book, 54 min ago; Binance: 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 Deribit live order book, 54 min ago | 3.01 bp | 11.5 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.50 bp | 5.5 bp −$6 | 7.1 bp −$71 | 17.1 bp −$1,708 | 33.0 bp −$16.5K |
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 | 0.09864 | −0.065% | $151.8M | $259.9M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09863 | −0.077% | $357K | $4.3M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUALlong | 0.0000% | 1h | 0.09870 | long leg | $617K | $91K | 25x | |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09866 | −0.050% | $32K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0050% | 1h | 0.09867 | −0.039% | $221K | $44K | 10x | as long as short |
| Gate DOGE_USDT | +0.0063% | 8h | 0.09869 | −0.014% | $234.8M | $119.1M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09849 | −0.220% | $15K | $225K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0095% | 8h | 0.09862 | −0.085% | $1K | $335K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09873 | +0.026% | $783K | $5.1M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09867 | −0.034% | $626K | $695K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
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 | 0.09865 | −0.057% | $4.9M | $40.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09872 | +0.018% | $336K | $505K | 20x | as long as short |
| Binance DOGEUSDTshort | +0.0100% | 8h | 0.09872 | +0.021% | $313.8M | $1.26B | 75x | |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09872 | +0.016% | $156.6M | $397.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09876 | +0.057% | $107.6M | $883.7M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09874 | +0.036% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09919 | +0.491% | $380K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09873 | +0.026% | $119.4M | $214.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09874 | +0.036% | $65.0M | $38.9M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09870 | −0.004% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09842 | −0.286% | $917K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09844 | −0.267% | $261K | $111.6M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09856 | −0.143% | $627K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09860 | −0.105% | $140K | $222K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09869 | −0.014% | $271K | $531K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09868 | −0.024% | $56K | $397K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09865 | −0.057% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09870 | −0.002% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09868 | −0.024% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09873 | +0.030% | $5.9M | $46.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09867 | −0.034% | $91.6M | $19.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09876 | +0.052% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09871 | +0.005% | $547K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09868 | −0.022% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0173% | 1h | 0.09868 | −0.024% | $2K | — | 20x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0192% | 1h | 0.09878 | +0.077% | $522K | $934K | 15x | as long as short |
| 01 Exchange DOGEUSD | +0.0200% | 1h | 0.09868 | −0.021% | $521 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09873 | +0.026% | $15.2M | $23.7M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09878 | +0.077% | $2.0M | $22.2M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0243% / S −0.0263% | 1h | 0.09865 | −0.059% | $304K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0290% | 1h | 0.09864 | −0.070% | $6.0M | $31.6M | 50x | as long as short |
| Hyperliquid DOGE | +0.0445% | 1h | 0.09879 | +0.089% | $109.6M | $78.6M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09874 | +0.042% | $308K | $470K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09880 | +0.097% | $5K | $153K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
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
Backpack DOGE_USDC_PERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP