Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.009%
Price spread now: SoDEX against dYdX−0.011%7-day average +0.014% · 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−$70as in the Price arb table
costs, in and out, $10k−$680.675% of the position
Funding, last 3 days (all we have)+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.011%, 7d avg +0.014%
=Funding pays, the price is against you. SoDEX is 0.025% cheaper against dYdX than usual: you would sell low and buy high (spread −0.011% now, against its 7-day average of +0.014%). If the spread goes back, that is −$2 on $10k: about 20 hours of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.014% in total) that is about 6.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX DOGE-USD | 0.09999 | 0 | get 0.0000% / 1h | 52m 19s | $224K | $70K | 10x |
| Short | SoDEX DOGE-USD | 0.09998 | 0.0100 | get 0.0013% / 1h | 52m 19s | $2K | $5.2M | 10x |
dYdX DOGE-USD
SoDEX DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $21
- Price spread: −0.011% → +0.014%
- −$2.46
- Slippage, 4 orders
- −$49.52
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$48.97
- Costs to cover
- 0.675%
- Break-even
- 23.3 days
Slippage from dYdX: live order book, 62 min ago; SoDEX: live order book, 2 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, 62 min ago | 24.26 bp | 29.3 bp −$29 | 30.1 bp −$301 | 30.2 bp −$3,020 | 229.8 bp −$114.9K |
| Sell SoDEX live order book, 2 min ago | 0.50 bp | 4.5 bp −$5 | 8.4 bp −$84 | 153.8 bp −$15.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX DOGE-USDlong | 0.0000% | 1h | 0.09999 | long leg | $224K | $70K | 10x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09996 | −0.031% | $646K | $6.4M | 2.8x | as long as short |
| Polymarket Perps DOGE-USD | 0.0000% | 1h | 0.09994 | −0.055% | $267K | $1.2M | 10x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1000 | +0.025% | $34K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0002% | 1h | 0.09998 | −0.007% | $5.6M | $40.6M | 50x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1001 | +0.101% | $739K | $6.5M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1000 | +0.049% | $548K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.1001 | +0.089% | $124.9M | $113.9M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1000 | +0.031% | $4.4M | $56.3M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1000 | +0.054% | $320K | $524K | 20x | as long as short |
Kalshi KXDOGEPERP
Polymarket Perps DOGE-USD
gTrade (Gains Network) DOGE/USD
Kraken Futures PF_DOGEUSD
Lighter DOGE
Nado DOGE-PERP
Hyperliquid DOGE
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 | 0.1000 | +0.043% | $325.6M | $1.66B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1000 | +0.029% | $163.1M | $511.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1001 | +0.079% | $114.7M | $1.16B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1000 | +0.013% | $384K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1000 | +0.019% | $246.8M | $148.9M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1000 | +0.029% | $113.6M | $249.5M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1000 | +0.019% | $66.4M | $49.1M | 75x | as long as short |
| Bitget DOGEUSDT | +0.0100% | 8h | 0.1000 | +0.009% | $130.5M | $323.5M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1000 | +0.049% | — | $80.1M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1000 | +0.019% | $315K | $1.2M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1001 | +0.086% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09997 | −0.024% | $312K | $137.8M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1001 | +0.098% | $633K | $4.7M | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1000 | +0.049% | $65K | $464K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1000 | +0.029% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09999 | 0.000% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USDshort | +0.0100% | 1h | 0.09998 | −0.011% | $2K | $5.2M | 10x | |
| Deribit DOGE_USDC-PERPETUAL | +0.0100% | 1h | 0.1000 | +0.010% | $568K | $248K | 25x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09990 | −0.094% | $5.9M | $67.0M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1000 | +0.049% | $92.0M | $17.1M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1000 | +0.056% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1000 | +0.042% | $481K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1001 | +0.074% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0114% | 8h | 0.1000 | +0.009% | $1K | $516K | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0160% | 1h | 0.1001 | +0.080% | $445 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0193% | 1h | 0.09999 | +0.002% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09996 | −0.031% | $16.2M | $26.9M | 75x | as long as short |
| Arcus DOGE-USD | +0.0231% | 1h | 0.1001 | +0.149% | $108K | $207K | 10x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1001 | +0.075% | $18K | $382K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0252% / S −0.0288% | 1h | 0.1000 | +0.020% | $323K | — | 200x | as long as short |
| ApeX Omni DOGEUSDT | +0.0288% | 1h | 0.1000 | +0.009% | $150K | $336K | 25x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1000 | +0.019% | $2.0M | $33.8M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0686% | 1h | 0.1001 | +0.084% | $403K | $439K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1217% | 1h | 0.1053 | +5.309% | $6K | $242K | 12x | as long as short |
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
Bitget DOGEUSDT
BingX DOGE-USDT
Backpack DOGE_USDC_PERP
Variational Omni DOGE
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
Deribit DOGE_USDC-PERPETUAL
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Arcus DOGE-USD
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
ApeX Omni DOGEUSDT
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC
Injective DOGE/USDC PERP