Funding you earn now, next payment 09:00 UTC+0.0425%/8h= +46.5% APRnext payment +$0.53 per $10,000 · paid last 24h +0.062%
Price spread now: GMX against dYdX−0.116%7-day average +0.032% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.182%+$18 on $10k
+Price spread, last 4 days (all we have)+0.161%+$16 · spread now −0.116%, 7d avg +0.032%
=Funding pays, the price is against you. GMX is 0.148% cheaper against dYdX than usual: you would sell low and buy high (spread −0.116% now, against its 7-day average of +0.032%). If the spread goes back, that is −$15 on $10k: about 28 hours of funding at the current rate (+$13 a day). At the pace of the last 4 days (+0.182% in total) that is about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DOGE-USD | 0.09894 | 0 | get 0.0000% / 1h | 56m 07s | $222K | $63K | 10x |
| Short | GMX DOGE/USD [ETH-USDC] | 0.09882 | L +0.0285% / S −0.0425% | get 0.0053% / 1h | 56m 07s | $397K | — | 200x |
dYdX DOGE-USD
GMX DOGE/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against dYdX. 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
- $89.27
- Price spread: −0.116% → +0.032%
- −$14.83
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $52.44
- Costs to cover
- 0.220%
- Break-even
- 2.9 days
Slippage unknown: dYdX: live order book, 43 min ago; GMX: 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 dYdX live order book, 43 min ago | 21.12 bp | 26.6 bp −$27 | 112.9 bp −$1,129 | 169.2 bp −$16.9K | 265.2 bp −$132.6K |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | −0.0096% | 1h | 0.09886 | −0.080% | $5.5M | $40.8M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0007% | 8h | 0.09852 | −0.425% | $139.8M | $347.9M | 75x | as long as short |
| dYdX DOGE-USDlong | 0.0000% | 1h | 0.09894 | long leg | $222K | $63K | 10x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09902 | +0.081% | $580K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09884 | −0.106% | $35K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.428% | $6K | $242K | 12x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0074% | 1h | 0.09888 | −0.062% | $554K | $281K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09894 | +0.003% | $825K | $6.8M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.09889 | −0.051% | $1K | $544K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09886 | −0.076% | $535K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Katana Perps DOGE-USD
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 | 0.09884 | −0.098% | $123.3M | $117.4M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09871 | −0.234% | $4.9M | $59.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09899 | +0.050% | $321K | $506K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09869 | −0.250% | $326.3M | $1.72B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09860 | −0.344% | $162.9M | $523.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09860 | −0.344% | $114.9M | $1.19B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09893 | −0.010% | $16K | $306K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09885 | −0.091% | $377K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09878 | −0.162% | $249.9M | $152.4M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09884 | −0.101% | $117.4M | $257.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09885 | −0.091% | $66.2M | $49.9M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09882 | −0.121% | — | $53.7M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09881 | −0.132% | $301K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09877 | −0.170% | $1.0M | $8.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09873 | −0.210% | $301K | $139.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09865 | −0.293% | $625K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09870 | −0.243% | $141K | $346K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09890 | −0.039% | $257K | $1.2M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09886 | −0.081% | $70K | $473K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09903 | +0.093% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09891 | −0.029% | $34K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09885 | −0.091% | $2K | $5.5M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09894 | +0.002% | $5.9M | $69.0M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09887 | −0.071% | $90.4M | $16.7M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09893 | −0.015% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09880 | −0.137% | $485K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09887 | −0.074% | $19K | — | 3x | as long as short |
| Phoenix DOGE | +0.0160% | 1h | 0.09885 | −0.087% | $18K | $386K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0201% | 1h | 0.09882 | −0.118% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0208% | 1h | 0.09889 | −0.051% | $1.9M | $34.9M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09899 | +0.050% | $15.5M | $26.8M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0232% | 1h | 0.09898 | +0.038% | $440 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC]short | L +0.0285% / S −0.0425% | 1h | 0.09882 | −0.116% | $397K | — | 200x | |
| RISEx DOGE/USDC | +0.0717% | 1h | 0.09899 | +0.050% | $398K | $455K | 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-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
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Phoenix DOGE
Reya DOGERUSDPERP
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
01 Exchange DOGEUSD
RISEx DOGE/USDC