Funding you earn now, next payment 22:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h −0.014%
Price spread now: GRVT against dYdX+0.300%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1581.577% of the position
Funding, last 7 days+0.080%+$8 on $10k
+Price spread, last 4 days (all we have)−0.580%−$58 · spread now +0.300%, 7d avg −0.021%
=Together, before fees−0.500%+ Points / potential airdropGRVT: Active · farm board−$50 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GRVT is 0.321% dearer against dYdX than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DOGE-USD | 0.09838 | 0.0080 | pay 0.0010% / 1h | 31m 16s | $221K | $44K | 10x |
| Short | GRVT DOGE_USDT_Perp | 0.09867 | 0.0100 | get 0.0100% / 8h | 2h 31m | $627K | $4.6M | 10x |
dYdX DOGE-USD
GRVT DOGE_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $4.13
- Price spread: +0.300% → −0.021%
- $32.06
- Slippage, 4 orders
- −$138.69
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$121.5
- Costs to cover
- 1.577%
- Break-even
- 212.8 days
Slippage from dYdX: live order book, 57 min ago; GRVT: live order book, 3 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 dYdX live order book, 57 min ago | 52.03 bp | 65.9 bp −$66 | 157.3 bp −$1,573 | 208.4 bp −$20.8K | 224.2 bp −$112.1K |
| Sell GRVT live order book, 3 min ago | 0.51 bp | 5.0 bp −$5 | 8.5 bp −$85 | 40.4 bp −$4,039 | 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 | −0.0279% | 8h | 0.09852 | +0.147% | $151.6M | $260.1M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09838 | +0.006% | $358K | $4.3M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09859 | +0.223% | $32K | — | 150x | as long as short |
| Gate DOGE_USDT | +0.0064% | 8h | 0.09855 | +0.178% | $234.5M | $119.4M | 75x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0064% | 1h | 0.09867 | +0.299% | $617K | $103K | 25x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09840 | +0.027% | $15K | $225K | 10x | as long as short |
| dYdX DOGE-USDlong | +0.0080% | 1h | 0.09838 | long leg | $221K | $44K | 10x | |
| Katana Perps DOGE-USD | +0.0095% | 8h | 0.09839 | +0.015% | $822 | $335K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09841 | +0.037% | $780K | $5.1M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09854 | +0.173% | $626K | $695K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Gate DOGE_USDT
Deribit DOGE_USDC-PERPETUAL
Phoenix DOGE
Katana 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09846 | +0.085% | $4.9M | $40.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09839 | +0.015% | $334K | $505K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09860 | +0.228% | $312.8M | $1.26B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09859 | +0.218% | $156.2M | $396.7M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09864 | +0.269% | $107.6M | $882.5M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09849 | +0.117% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09838 | +0.005% | $377K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09857 | +0.198% | $117.7M | $214.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09854 | +0.168% | $64.7M | $39.1M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09859 | +0.218% | — | $73.3M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09842 | +0.047% | $917K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09847 | +0.101% | $261K | $112.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perpshort | +0.0100% | 8h | 0.09867 | +0.300% | $627K | $4.6M | 10x | |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09840 | +0.025% | $140K | $223K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09852 | +0.143% | $271K | $528K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09863 | +0.259% | $56K | $397K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09862 | +0.247% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09848 | +0.108% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09863 | +0.259% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09842 | +0.051% | $5.9M | $46.6M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09836 | −0.015% | $91.3M | $19.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09838 | +0.006% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09860 | +0.232% | $548K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09864 | +0.274% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0174% | 1h | 0.09854 | +0.172% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0200% | 1h | 0.09850 | +0.132% | $520 | $4K | 10x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0212% | 1h | 0.09841 | +0.035% | $520K | $933K | 15x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09832 | −0.056% | $15.1M | $23.6M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09865 | +0.279% | $2.0M | $22.2M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0243% / S −0.0263% | 1h | 0.09859 | +0.219% | $303K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0290% | 1h | 0.09861 | +0.236% | $5.9M | $31.6M | 50x | as long as short |
| Hyperliquid DOGE | +0.0437% | 1h | 0.09865 | +0.281% | $109.2M | $78.8M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09853 | +0.157% | $308K | $470K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09880 | +0.432% | $32K | $153K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Variational Omni DOGE
edgeX DOGEUSDC
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
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Backpack DOGE_USDC_PERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP