Funding you earn now, next payment 07:00 UTC+0.0283%/8h= +31.0% APRnext payment +$0.35 per $10,000 · paid last 24h +0.020%
Price spread now: Arcus against Extended−0.165%7-day average +0.058% · 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−$48as in the Price arb table
costs, in and out, $10k−$250.252% of the position
Funding, last 4 days (all we have)+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+0.216%+$22 · spread now −0.165%, 7d avg +0.058%
=Together, before fees+0.233%+ Points / potential airdropExtended: Active · farm board+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Arcus is 0.224% cheaper against Extended than usual: you would sell low and buy high (spread −0.165% now, against its 7-day average of +0.058%). If the spread goes back, that is −$22 on $10k: about 2.6 days of funding at the current rate (+$8 a day). At the pace of the last 4 days (+0.017% in total) that is about 48 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.017% in total (about 1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.35 per $10,000. 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 | Extended DOGE-USD | 0.09990 | 0.0104 | pay 0.0013% / 1h | 39m 02s | $486K | $4.1M | 50x |
| Short | Arcus DOGE-USD | 0.09973 | 0.0387 | get 0.0048% / 1h | 39m 02s | $26K | $301K | 10x |
Extended DOGE-USD
Arcus DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Extended. 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
- $59.45
- Price spread: −0.165% → +0.058%
- −$22.37
- Slippage, 4 orders
- −$15.68
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $11.9
- Costs to cover
- 0.252%
- Break-even
- 5.6 days
Slippage from Extended: live order book, 5 min ago; Arcus: live order book, 65 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 Extended live order book, 5 min ago | 1.00 bp | 4.4 bp −$4 | 6.3 bp −$63 | 13.2 bp −$1,319 | doesn't fit |
| Sell Arcus live order book, 65 min ago | 2.01 bp | 7.6 bp −$8 | 24.0 bp −$240 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0083% | 1h | 0.09993 | +0.031% | $5.6M | $40.5M | 50x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.09973 | −0.165% | $224K | $69K | 10x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09977 | −0.125% | $612K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09976 | −0.139% | $34K | — | 150x | as long as short |
| Polymarket Perps DOGE-USD | +0.0016% | 1h | 0.09972 | −0.172% | $266K | $1.2M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +5.410% | $6K | $242K | 12x | as long as short |
| Bitget DOGEUSDT | +0.0071% | 8h | 0.09988 | −0.015% | $142.3M | $344.2M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09964 | −0.259% | $18K | $382K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09996 | +0.064% | $852K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09978 | −0.120% | $539K | $1.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
dYdX DOGE-USD
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Polymarket Perps DOGE-USD
Injective DOGE/USDC PERP
Bitget DOGEUSDT
Phoenix DOGE
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 | 0.09988 | −0.018% | $4.6M | $58.5M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09972 | −0.172% | $319K | $501K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09990 | +0.005% | $328.1M | $1.71B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09987 | −0.025% | $165.6M | $520.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09992 | +0.025% | $117.7M | $1.20B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09965 | −0.244% | $383K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09984 | −0.055% | $249.6M | $155.6M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09993 | +0.035% | $110.5M | $257.8M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09994 | +0.045% | $66.5M | $50.2M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09979 | −0.105% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09989 | −0.005% | $304K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09969 | −0.208% | $1.1M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09975 | −0.143% | $304K | $140.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09977 | −0.127% | $630K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09980 | −0.095% | $149K | $337K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09980 | −0.095% | $66K | $467K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09978 | −0.115% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09975 | −0.140% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09985 | −0.045% | $2K | $5.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09979 | −0.100% | $5.9M | $69.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09991 | +0.015% | $91.7M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09969 | −0.201% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USDlong | +0.0104% | 1h | 0.09990 | long leg | $486K | $4.1M | 50x | |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09984 | −0.058% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0109% | 8h | 0.09970 | −0.195% | $833 | $533K | 10x | as long as short |
| Hyperliquid DOGE | +0.0124% | 1h | 0.09993 | +0.037% | $124.0M | $116.3M | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0197% | 1h | 0.09976 | −0.132% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09989 | −0.005% | $16.2M | $27.0M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.09988 | −0.015% | $1.9M | $34.8M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0297% | 1h | 0.09986 | −0.036% | $314K | — | 200x | as long as short |
| 01 Exchange DOGEUSD | +0.0256% | 1h | 0.09979 | −0.100% | $444 | $4K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0271% | 1h | 0.09987 | −0.026% | $573K | $252K | 25x | as long as short |
| Arcus DOGE-USDshort | +0.0387% | 1h | 0.09973 | −0.165% | $26K | $301K | 10x | |
| RISEx DOGE/USDC | +0.0626% | 1h | 0.09979 | −0.105% | $402K | $453K | 10x | 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
edgeX DOGEUSDC
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
Aevo DOGE-PERP
Katana Perps DOGE-USD
Hyperliquid DOGE
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
GMX DOGE/USD [ETH-USDC]
01 Exchange DOGEUSD
Deribit DOGE_USDC-PERPETUAL
RISEx DOGE/USDC