Funding you earn now, next payment 02:00 UTC−0.0214%/8h= −23.4% APRnext payment −$0.27 per $10,000 · paid last 24h +0.032%
Price spread now: Pacifica against Deribit−0.191%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$330.327% of the position
Funding, last 7 days+0.212%+$21 on $10k
+Price spread, last 3 days (all we have)+0.191%+$19 · spread now −0.191%, 7d avg +0.004%
=Together, before fees+0.403%+ Points / potential airdropPacifica: Active · farm board+$40 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Pacifica is 0.195% cheaper against Deribit than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.004%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.212%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DOGE_USDC-PERPETUAL | 0.09935 | 0.0314 | pay 0.0039% / 1h | 30m 27s | $594K | $118K | 25x |
| Short | Pacifica DOGE | 0.09916 | 0.0100 | get 0.0013% / 1h | 30m 27s | $327K | $504K | 20x |
Deribit DOGE_USDC-PERPETUAL
Pacifica DOGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$44.94
- Price spread: −0.191% → +0.004%
- −$19.52
- Slippage, 4 orders
- −$17.72
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$97.18
- Costs to cover
- 0.327%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 38 min ago; Pacifica: live order book, 38 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, 38 min ago | 4.46 bp | 8.0 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 38 min ago | 2.48 bp | 6.7 bp −$7 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0119% | 8h | 0.09930 | −0.047% | $150.5M | $273.2M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09905 | −0.298% | $389K | $5.0M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09925 | −0.103% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0019% | 1h | 0.09914 | −0.204% | $223K | $51K | 10x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0067% | 1h | 0.09940 | +0.049% | $5.8M | $34.1M | 50x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09913 | −0.215% | $770K | $6.0M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09917 | −0.178% | $828 | $427K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09928 | −0.072% | $510K | $981K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09924 | −0.108% | $4.6M | $48.3M | 75x | as long as short |
| Pacifica DOGEshort | +0.0100% | 1h | 0.09916 | −0.191% | $327K | $504K | 20x |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Kraken Futures PF_DOGEUSD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 43 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOGEUSDT | +0.0100% | 8h | 0.09929 | −0.052% | $314.4M | $1.43B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09930 | −0.047% | $157.2M | $442.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09934 | −0.007% | $109.2M | $977.5M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09937 | +0.023% | $128K | $178K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09870 | −0.651% | $378K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09925 | −0.098% | $241.1M | $131.9M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09924 | −0.108% | $110.2M | $229.3M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09929 | −0.057% | $65.6M | $43.0M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09930 | −0.047% | — | $76.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09901 | −0.339% | $342K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09898 | −0.370% | $985K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09884 | −0.514% | $271K | $128.3M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09885 | −0.500% | $621K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09880 | −0.551% | $144K | $276K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09923 | −0.119% | $256K | $642K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09932 | −0.027% | $70K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09930 | −0.050% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09927 | −0.078% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09939 | +0.043% | $2K | $3.7M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09903 | −0.321% | $5.9M | $54.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09898 | −0.369% | $91.3M | $17.2M | 50x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09930 | −0.049% | $523K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09936 | +0.010% | $19K | — | 3x | as long as short |
| Paradex DOGE-USD-PERP | +0.0112% | 8h | 0.09904 | −0.309% | $18K | $6K | 30x | as long as short |
| Reya DOGERUSDPERP | +0.0184% | 1h | 0.09923 | −0.120% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09928 | −0.064% | $529 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09910 | −0.249% | $2.0M | $24.9M | 50x | as long as short |
| Phoenix DOGE | +0.0241% | 1h | 0.09898 | −0.368% | $64K | $284K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0245% / S −0.0267% | 1h | 0.09924 | −0.110% | $309K | — | 200x | as long as short |
| Deribit DOGE_USDC-PERPETUALlong | +0.0314% | 1h | 0.09935 | long leg | $594K | $118K | 25x | |
| RISEx DOGE/USDC | +0.0563% | 1h | 0.09931 | −0.042% | $399K | $367K | 10x | as long as short |
| Hyperliquid DOGE | +0.0711% | 1h | 0.09936 | +0.015% | $120.9M | $97.4M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09940 | +0.053% | $5K | $239K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
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
Extended DOGE-USD
Aevo DOGE-PERP
Paradex DOGE-USD-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP