Funding you earn now, next payment 23:00 UTC−0.0089%/8h= −9.7% APRnext payment −$0.11 per $10,000 · paid last 24h +0.033%
Price spread now: SoDEX against Deribit−0.034%7-day average −0.010% · you buy dearer than you sell
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−$250.246% of the position
Funding, last 3 days (all we have)+0.088%+$9 on $10k
+Price spread, last 3 days (all we have)+0.017%+$2 · spread now −0.034%, 7d avg −0.010%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SoDEX is 0.023% cheaper against Deribit than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.010%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.088%, 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 | 0.1004 | 0.0189 | pay 0.0024% / 1h | 29m 21s | $608K | $109K | 25x |
| Short | SoDEX DOGE-USD | 0.1003 | 0.0100 | get 0.0013% / 1h | 29m 21s | $2K | $3.6M | 10x |
Deribit DOGE_USDC-PERPETUAL
SoDEX DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$18.69
- Price spread: −0.034% → −0.010%
- −$2.34
- Slippage, 4 orders
- −$9.63
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$45.66
- Costs to cover
- 0.246%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 54 min ago; SoDEX: live order book, 5 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 | 8.5 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 5 min ago | 0.50 bp | 4.5 bp −$4 | 8.4 bp −$84 | 152.9 bp −$15.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0267% | 8h | 0.1003 | −0.114% | $153.1M | $265.8M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09995 | −0.411% | $417K | $4.7M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1003 | −0.113% | $32K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0008% | 1h | 0.09991 | −0.450% | $224K | $44K | 10x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.09976 | −0.603% | $19K | $222K | 10x | as long as short |
| Gate DOGE_USDT | +0.0091% | 8h | 0.1002 | −0.213% | $240.7M | $123.6M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1004 | −0.003% | $786K | $5.4M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0096% | 8h | 0.1000 | −0.353% | $2K | $367K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.10000 | −0.363% | $569K | $851K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09998 | −0.379% | $5.1M | $43.3M | 75x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Phoenix DOGE
Gate DOGE_USDT
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.09997 | −0.392% | $334K | $508K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1002 | −0.173% | $319.2M | $1.32B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1003 | −0.064% | $160.3M | $417.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1003 | −0.034% | $109.0M | $927.6M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1001 | −0.273% | $28K | $76K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09966 | −0.704% | $382K | $14K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1001 | −0.223% | $109.9M | $216.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1001 | −0.243% | $65.2M | $40.6M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1002 | −0.153% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09974 | −0.619% | $947K | $8.0M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1002 | −0.114% | $279K | $115.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09978 | −0.582% | $628K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1002 | −0.163% | $147K | $244K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1000 | −0.323% | $267K | $540K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1003 | −0.054% | $73K | $432K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1003 | −0.055% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1002 | −0.155% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USDshort | +0.0100% | 1h | 0.1003 | −0.034% | $2K | $3.6M | 10x | |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1003 | −0.050% | $6.0M | $50.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1003 | −0.064% | $92.9M | $19.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.09991 | −0.450% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1003 | −0.062% | $555K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1004 | +0.001% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0176% | 1h | 0.1000 | −0.321% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.1001 | −0.254% | $529 | $4K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUALlong | +0.0189% | 1h | 0.1004 | long leg | $608K | $109K | 25x | |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.1003 | −0.074% | $2.0M | $23.5M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1002 | −0.193% | $15.5M | $24.9M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0270% | 1h | 0.1002 | −0.159% | $313K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0363% | 1h | 0.1003 | −0.042% | $6.0M | $32.7M | 50x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0382% | 1h | 0.09985 | −0.512% | $533K | $953K | 15x | as long as short |
| Hyperliquid DOGE | +0.0411% | 1h | 0.1001 | −0.243% | $110.4M | $82.5M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0702% | 1h | 0.1001 | −0.247% | $314K | $477K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0966% | 1h | 0.1002 | −0.163% | $5K | $207K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
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
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Backpack DOGE_USDC_PERP
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP