Funding you earn now, next payment 22:00 UTC+0.0152%/8h= +16.6% APRnext payment +$0.19 per $10,000 · paid last 24h +0.015%
Price spread now: Backpack against Extended+0.085%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$220.216% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.085%, 7d avg +0.025%
=Together, before fees−0.113%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Backpack is 0.061% dearer against Extended than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended DOGE-USD | 0.09905 | 0.0104 | pay 0.0013% / 1h | 12m 35s | $547K | $3.6M | 50x |
| Short | Backpack DOGE_USDC_PERP | 0.09913 | 0.0256 | get 0.0032% / 1h | 12m 35s | $523K | $931K | 15x |
Extended DOGE-USD
Backpack DOGE_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack 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
- $31.92
- Price spread: +0.085% → +0.025%
- $6.06
- Slippage, 4 orders
- −$6.6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $16.38
- Costs to cover
- 0.216%
- Break-even
- 3.4 days
Slippage from Extended: live order book, 1 min ago; Backpack: live order book, 11 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, 1 min ago | 0.50 bp | 4.7 bp −$5 | 5.7 bp −$57 | 13.9 bp −$1,387 | doesn't fit |
| Sell Backpack live order book, 11 min ago | 0.50 bp | 5.9 bp −$6 | 12.3 bp −$123 | 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 | −0.0281% | 8h | 0.09899 | −0.056% | $151.8M | $261.2M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09926 | +0.217% | $368K | $4.4M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09903 | −0.014% | $619K | $106K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09903 | −0.011% | $32K | — | 150x | as long as short |
| Gate DOGE_USDT | +0.0076% | 8h | 0.09903 | −0.016% | $236.0M | $120.7M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09936 | +0.316% | $15K | $225K | 10x | as long as short |
| dYdX DOGE-USD | +0.0085% | 1h | 0.09904 | −0.002% | $222K | $44K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0096% | 8h | 0.09908 | +0.035% | $839 | $344K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09907 | +0.027% | $779K | $5.1M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09900 | −0.046% | $627K | $698K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
Gate DOGE_USDT
Phoenix DOGE
dYdX DOGE-USD
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 | 0.09903 | −0.015% | $4.8M | $40.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09905 | +0.005% | $334K | $495K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09909 | +0.041% | $313.8M | $1.27B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09904 | −0.006% | $158.3M | $399.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09910 | +0.055% | $108.6M | $891.4M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09915 | +0.105% | $28K | $76K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09975 | +0.711% | $382K | $15K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09907 | +0.025% | $111.6M | $220.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09902 | −0.026% | $64.9M | $39.3M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09902 | −0.026% | — | $3.4M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09913 | +0.086% | $933K | $7.8M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09926 | +0.216% | $264K | $112.9M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09945 | +0.404% | $634K | $4.6M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09920 | +0.156% | $143K | $226K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09909 | +0.045% | $271K | $529K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09903 | −0.016% | $57K | $397K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09902 | −0.027% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09931 | +0.265% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09904 | −0.006% | $2K | $3.4M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09902 | −0.023% | $5.9M | $47.4M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09903 | −0.016% | $91.8M | $19.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09908 | +0.032% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USDlong | +0.0104% | 1h | 0.09905 | long leg | $547K | $3.6M | 50x | |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09906 | +0.016% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0168% | 1h | 0.09911 | +0.065% | $523 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0174% | 1h | 0.09912 | +0.072% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09912 | +0.075% | $15.2M | $23.8M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09905 | +0.004% | $2.0M | $22.5M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0244% / S −0.0247% | 1h | 0.09901 | −0.032% | $317K | — | 200x | as long as short |
| Backpack DOGE_USDC_PERPshort | +0.0256% | 1h | 0.09913 | +0.085% | $523K | $931K | 15x | |
| Kraken Futures PF_DOGEUSD | +0.0289% | 1h | 0.09905 | +0.004% | $6.0M | $31.8M | 50x | as long as short |
| Hyperliquid DOGE | +0.0412% | 1h | 0.09908 | +0.037% | $109.2M | $79.5M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09914 | +0.090% | $311K | $472K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09970 | +0.661% | $5K | $180K | 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
edgeX DOGEUSDC
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
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Aevo DOGE-PERP
01 Exchange DOGEUSD
Reya DOGERUSDPERP
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