Funding you earn now, next payment 03:00 UTC+0.0972%/8h= +106.4% APRnext payment +$1.21 per $10,000 · paid last 24h +0.208%
Price spread now: Injective against Derive+0.391%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Injective is 0.391% dearer against Derive than usual: you sell high and buy low: +$39 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive DOGE-PERP | 0.09961 | 0.0100 | pay 0.0013% / 1h | 15m 14s | $24K | $1K | 10x |
| Short | Injective DOGE/USDC PERP | 0.1000 | 0.1072 | get 0.0134% / 1h | 15m 14s | $5K | $239K | 12x |
Derive DOGE-PERP
Injective DOGE/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Derive. 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
- $204.09
- Price spread: +0.391% → 0.000%
- $39.06
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $237.13
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Derive: no order-book sample; Injective: live order book, 49 min ago. Net counts fees only.
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 Derive no order-book sample | — | — | — | — | — |
| Sell Injective live order book, 49 min ago | 29.97 bp | 30.0 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0076% | 8h | 0.09954 | −0.071% | $150.6M | $273.9M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09964 | +0.029% | $224K | $49K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09967 | +0.057% | $430K | $5.2M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09960 | −0.016% | $24K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0051% | 1h | 0.09967 | +0.055% | $595K | $118K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09972 | +0.110% | $772K | $6.2M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09962 | +0.009% | $900 | $443K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09963 | +0.019% | $533K | $996K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09963 | +0.017% | $4.7M | $48.7M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09966 | +0.049% | $328K | $483K | 20x | as long as short |
Bitget DOGEUSDT
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
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 | 0.09966 | +0.048% | $319.0M | $1.44B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09962 | +0.009% | $160.5M | $441.7M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09965 | +0.039% | $111.2M | $988.4M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09940 | −0.211% | $381K | $0 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09960 | −0.011% | $243.8M | $133.6M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09965 | +0.039% | $111.8M | $231.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09965 | +0.039% | $65.9M | $43.4M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09950 | −0.111% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09962 | +0.009% | $328K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09975 | +0.135% | $988K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09941 | −0.204% | $295K | $129.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09949 | −0.119% | $631K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09940 | −0.212% | $145K | $279K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09956 | −0.050% | $252K | $739K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09965 | +0.039% | $70K | $438K | 50x | as long as short |
| Derive DOGE-PERPlong | +0.0100% | 1h | 0.09961 | long leg | $24K | $1K | 10x | |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09966 | +0.047% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09967 | +0.059% | $2K | $3.9M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09959 | −0.019% | $6.0M | $56.7M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09964 | +0.029% | $91.7M | $16.6M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0102% | 8h | 0.09961 | −0.002% | $18K | $6K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09961 | +0.003% | $499K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09964 | +0.026% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0187% | 1h | 0.09959 | −0.019% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0216% | 1h | 0.09964 | +0.033% | $531 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09965 | +0.039% | $15.7M | $25.1M | 75x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09951 | −0.101% | $65K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0269% | 1h | 0.09960 | −0.010% | $312K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0248% | 1h | 0.09969 | +0.079% | $2.3M | $26.4M | 50x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0307% | 1h | 0.09966 | +0.046% | $5.7M | $35.3M | 50x | as long as short |
| Hyperliquid DOGE | +0.0531% | 1h | 0.09976 | +0.153% | $121.7M | $99.7M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0747% | 1h | 0.09967 | +0.059% | $402K | $368K | 10x | as long as short |
| Arcus DOGE-USD | +0.0781% | 1h | 0.09972 | +0.110% | $128K | $179K | 10x | as long as short |
| Injective DOGE/USDC PERPshort | +0.1072% | 1h | 0.1000 | +0.391% | $5K | $239K | 12x |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
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
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Arcus DOGE-USD