Funding you earn now, next payment 04:00 UTC+0.0590%/8h= +64.6% APRpaid last 24h +0.009%
Price spread now: Arcus against edgeX−0.196%54s7-day average +0.028% · 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—prices read too far apart to compare
costs, in and out, $10k−$260.256% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.078%−$8 · spread now −0.196%, 7d avg +0.028%
=Together, before fees−0.077%+ Points / potential airdropedgeX: Active · farm board−$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Arcus is 0.224% cheaper against edgeX than usual: you would sell low and buy high (spread −0.196% now, against its 7-day average of +0.028%). If the spread goes back, that is −$22 on $10k: about 30 hours of funding at the current rate (+$18 a day). At the pace of the last 4 days (0.000% in total) that is about years. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX DOGEUSDC | 0.09913 | 0.0100 | pay 0.0050% / 4h | 51m 55s | $294K | $129.0M | 20x |
| Short | Arcus DOGE-USD | 0.09894 | 0.0690 | get 0.0086% / 1h | 51m 55s | $117K | $189K | 10x |
edgeX DOGEUSDC
Arcus DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against edgeX. 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
- $123.96
- Price spread: −0.196% → +0.028%
- −$22.38
- Slippage, 4 orders
- −$12.12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $75.96
- Costs to cover
- 0.256%
- Break-even
- 2.7 days
Slippage from edgeX: live order book, 2 min ago; Arcus: 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 edgeX live order book, 2 min ago | 2.02 bp | 6.5 bp −$7 | 6.9 bp −$69 | 14.3 bp −$1,427 | doesn't fit |
| Sell Arcus live order book, 2 min ago | 2.02 bp | 8.1 bp −$8 | 26.4 bp −$264 | doesn't fit | 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 | −0.0063% | 8h | 0.09862 | −0.519% | $149.0M | $274.6M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0032% | 1h | 0.09873 | −0.412% | $5.7M | $35.4M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09899 | −0.147% | $429K | $5.2M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09880 | −0.340% | $590K | $118K | 25x | as long as short |
| dYdX DOGE-USD | +0.0001% | 1h | 0.09891 | −0.229% | $222K | $49K | 10x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09880 | −0.338% | $23K | — | 150x | as long as short |
| Polymarket Perps DOGE-USD | +0.0041% | 1h | 0.09878 | −0.352% | $252K | $812K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09880 | −0.337% | $745K | $6.2M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09883 | −0.307% | $893 | $446K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09882 | −0.322% | $526K | $1.0M | 10x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
dYdX DOGE-USD
gTrade (Gains Network) DOGE/USD
Polymarket Perps DOGE-USD
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09877 | −0.364% | $4.5M | $48.9M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09900 | −0.140% | $321K | $482K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09867 | −0.468% | $315.2M | $1.45B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09869 | −0.448% | $158.9M | $442.0M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09870 | −0.438% | $110.1M | $983.7M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09930 | +0.167% | $381K | $0 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09860 | −0.539% | $241.1M | $132.7M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09866 | −0.478% | $110.8M | $233.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09867 | −0.468% | $65.2M | $43.4M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09874 | −0.398% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09870 | −0.438% | $310K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09912 | −0.016% | $973K | $8.2M | — | as long as short |
| edgeX DOGEUSDClong | +0.0100% | 4h | 0.09913 | long leg | $294K | $129.0M | 20x | |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09883 | −0.303% | $622K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09870 | −0.438% | $143K | $282K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09880 | −0.337% | $69K | $437K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09878 | −0.358% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09895 | −0.185% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09878 | −0.357% | $2K | $4.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09873 | −0.404% | $5.9M | $56.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09875 | −0.388% | $90.8M | $16.6M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.09891 | −0.231% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09867 | −0.470% | $495K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09880 | −0.338% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0188% | 1h | 0.09886 | −0.279% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09886 | −0.278% | $527 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09921 | +0.076% | $15.6M | $25.1M | 75x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.09913 | −0.005% | $64K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0269% | 1h | 0.09880 | −0.337% | $309K | — | 200x | as long as short |
| Hyperliquid DOGE | +0.0280% | 1h | 0.09878 | −0.359% | $120.3M | $99.9M | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0296% | 1h | 0.09895 | −0.186% | $2.3M | $26.5M | 50x | as long as short |
| Arcus DOGE-USDshort | +0.0690% | 1h | 0.09894 | −0.196% | $117K | $189K | 10x | |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.09888 | −0.256% | $399K | $411K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09940 | +0.268% | $5K | $239K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
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
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
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
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Hyperliquid DOGE
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC
Injective DOGE/USDC PERP