Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.002%
Price spread now: Phemex against edgeX−0.585%78s7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$410.407% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 3 days (all we have)+0.644%+$64 · spread now −0.585%, 7d avg +0.042%
=Together, before fees+0.606%+ Points / potential airdropedgeX: Active · farm board+$61 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.628% cheaper against edgeX than usual: you would sell low and buy high, −$63 on $10k if it goes back to its 7-day average of +0.042%. The two prices were read 78 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 | edgeX DOGEUSDC | 0.1009 | 0.0100 | pay 0.0050% / 4h | 1h 34m | $279K | $114.8M | 20x |
| Short | Phemex DOGEUSDT | 0.1003 | 0.0100 | get 0.0100% / 8h | 1h 34m | $92.9M | $19.1M | 50x |
edgeX DOGEUSDC
Phemex DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: −0.585% → +0.042%
- −$62.77
- Slippage, 4 orders
- −$19.72
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$103.49
- Costs to cover
- 0.407%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 5 min ago; Phemex: live order book, 5 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, 5 min ago | 1.97 bp | 6.5 bp −$6 | 6.8 bp −$68 | 13.8 bp −$1,383 | doesn't fit |
| Sell Phemex live order book, 5 min ago | 3.45 bp | 16.4 bp −$16 | 38.6 bp −$386 | 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 | −0.0269% | 8h | 0.1003 | −0.645% | $153.2M | $265.1M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1006 | −0.317% | $414K | $4.6M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1003 | −0.606% | $607K | $105K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1002 | −0.743% | $32K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0009% | 1h | 0.1003 | −0.576% | $225K | $44K | 10x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.1008 | −0.103% | $16K | $222K | 10x | as long as short |
| Gate DOGE_USDT | +0.0086% | 8h | 0.1001 | −0.823% | $240.7M | $123.1M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1004 | −0.519% | $786K | $5.3M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0096% | 8h | 0.1001 | −0.774% | $2K | $362K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1001 | −0.838% | $671K | $797K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Phoenix DOGE
Gate DOGE_USDT
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 | 0.1001 | −0.775% | $5.2M | $42.8M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1003 | −0.589% | $336K | $503K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1001 | −0.781% | $319.4M | $1.31B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1002 | −0.694% | $161.9M | $413.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1003 | −0.605% | $109.0M | $923.7M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1002 | −0.694% | $28K | $76K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1017 | +0.803% | $390K | $17K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1000 | −0.883% | $110.1M | $216.2M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09999 | −0.912% | $65.3M | $40.1M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1001 | −0.784% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1007 | −0.176% | $994K | $7.8M | — | as long as short |
| edgeX DOGEUSDClong | +0.0100% | 4h | 0.1009 | long leg | $279K | $114.8M | 20x | |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1008 | −0.112% | $640K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1014 | +0.485% | $149K | $241K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1000 | −0.883% | $269K | $536K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1003 | −0.635% | $73K | $432K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1003 | −0.620% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1002 | −0.676% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1003 | −0.566% | $2K | $3.5M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1003 | −0.573% | $6.0M | $49.6M | 75x | as long as short |
| Phemex DOGEUSDTshort | +0.0100% | 8h | 0.1003 | −0.585% | $92.9M | $19.1M | 50x | |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.1003 | −0.611% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1003 | −0.613% | $554K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1003 | −0.583% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0176% | 1h | 0.1000 | −0.890% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.1001 | −0.773% | $529 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.1005 | −0.427% | $2.0M | $23.4M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1005 | −0.427% | $15.4M | $25.0M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0271% | 1h | 0.1002 | −0.754% | $314K | — | 200x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0363% | 1h | 0.1003 | −0.558% | $6.0M | $32.6M | 50x | as long as short |
| Hyperliquid DOGE | +0.0410% | 1h | 0.1002 | −0.744% | $110.5M | $82.2M | 10x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0411% | 1h | 0.1006 | −0.347% | $538K | $948K | 15x | as long as short |
| RISEx DOGE/USDC | +0.0702% | 1h | 0.1002 | −0.694% | $314K | $477K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0966% | 1h | 0.1009 | −0.011% | $5K | $207K | 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-USDC
Variational Omni DOGE
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
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
GMX DOGE/USD [ETH-USDC]
Kraken Futures PF_DOGEUSD
Hyperliquid DOGE
Backpack DOGE_USDC_PERP
RISEx DOGE/USDC
Injective DOGE/USDC PERP