Funding you earn now, next payment 08:00 UTC+0.0099%/8h= +10.8% APRnext payment +$0.12 per $10,000 · paid last 24h +0.024%
Price spread now: Reya against Derive+0.215%51s7-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
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Reya is 0.215% dearer against Derive than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive DOGE-PERP | 0.09957 | 0.0100 | pay 0.0013% / 1h | 42m 28s | $19K | $7K | 10x |
| Short | Reya DOGERUSDPERP | 0.09978 | 0.0199 | get 0.0025% / 1h | 42m 28s | $2K | — | 20x |
Derive DOGE-PERP
Reya DOGERUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $20.79
- Price spread: +0.215% → 0.000%
- $21.48
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $30.27
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Derive: no order-book sample; Reya: no order-book sample. 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 Reya no order-book sample | — | — | — | — | — |
Derive and Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0060% | 1h | 0.09960 | +0.029% | $5.6M | $40.6M | 50x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09977 | +0.203% | $224K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09964 | +0.078% | $593K | $6.5M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09964 | +0.068% | $571K | $252K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09960 | +0.027% | $35K | — | 150x | as long as short |
| Bitget DOGEUSDT | +0.0023% | 8h | 0.09973 | +0.163% | $141.0M | $345.8M | 75x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.757% | $6K | $242K | 12x | as long as short |
| Polymarket Perps DOGE-USD | +0.0060% | 1h | 0.09976 | +0.195% | $260K | $1.2M | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09987 | +0.304% | $839K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09975 | +0.183% | $538K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
dYdX DOGE-USD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Bitget DOGEUSDT
Injective DOGE/USDC PERP
Polymarket 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid DOGE | +0.0100% | 1h | 0.09962 | +0.049% | $124.0M | $117.2M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09976 | +0.191% | $4.5M | $59.0M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09978 | +0.212% | $320K | $503K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09977 | +0.203% | $328.8M | $1.72B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09979 | +0.223% | $165.5M | $524.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09981 | +0.243% | $116.2M | $1.21B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09975 | +0.183% | $17K | $308K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09921 | −0.358% | $381K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09972 | +0.153% | $250.1M | $156.0M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09979 | +0.223% | $117.6M | $258.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09979 | +0.223% | $66.5M | $49.9M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09968 | +0.113% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09958 | +0.012% | $301K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09984 | +0.269% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09991 | +0.348% | $304K | $140.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09982 | +0.249% | $629K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09980 | +0.233% | $146K | $342K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09961 | +0.042% | $71K | $472K | 50x | as long as short |
| Derive DOGE-PERPlong | +0.0100% | 1h | 0.09957 | long leg | $19K | $7K | 10x | |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09971 | +0.143% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09961 | +0.042% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09967 | +0.099% | $5.9M | $68.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09962 | +0.052% | $91.2M | $16.8M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09976 | +0.189% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09972 | +0.151% | $488K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09963 | +0.058% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0107% | 8h | 0.09971 | +0.143% | $833 | $539K | 10x | as long as short |
| Phoenix DOGE | +0.0160% | 1h | 0.09983 | +0.265% | $18K | $382K | 10x | as long as short |
| Reya DOGERUSDPERPshort | +0.0199% | 1h | 0.09978 | +0.215% | $2K | — | 20x | |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.09965 | +0.083% | $1.9M | $34.8M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09963 | +0.063% | $15.5M | $27.0M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09962 | +0.057% | $314K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0272% | 1h | 0.09981 | +0.241% | $444 | $4K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0731% | 1h | 0.09974 | +0.168% | $406K | $462K | 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
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
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
Katana Perps DOGE-USD
Phoenix DOGE
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
RISEx DOGE/USDC