Funding you earn now, next payment 04:00 UTC−0.0091%/8h= −10.0% APRnext payment −$0.11 per $10,000 · paid last 24h −0.029%
Price spread now: Deribit against Extended+0.008%7-day average +0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$290.290% of the position
Funding, last 7 days−0.207%−$21 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.008%, 7d avg +0.055%
=Together, before fees−0.176%+ Points / potential airdropExtended: Active · farm board−$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.048% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.055%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended DOGE-USD | 0.09872 | 0.0104 | pay 0.0013% / 1h | 50m 36s | $495K | $4.0M | 50x |
| Short | Deribit DOGE_USDC-PERPETUAL | 0.09873 | 0.0013 | get 0.0002% / 1h | 50m 36s | $590K | $118K | 25x |
Extended DOGE-USD
Deribit DOGE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$19.11
- Price spread: +0.008% → +0.055%
- −$4.77
- Slippage, 4 orders
- −$17.01
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$52.89
- Costs to cover
- 0.290%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; Deribit: live order book, 8 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, 3 min ago | 2.52 bp | 6.9 bp −$7 | 7.7 bp −$77 | 14.4 bp −$1,436 | doesn't fit |
| Sell Deribit live order book, 8 min ago | 3.53 bp | 7.0 bp −$7 | 13.1 bp −$131 | 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 | −0.0062% | 8h | 0.09866 | −0.059% | $149.1M | $274.7M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0032% | 1h | 0.09873 | +0.009% | $5.7M | $35.4M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09874 | +0.018% | $429K | $5.2M | 2.8x | as long as short |
| dYdX DOGE-USD | +0.0001% | 1h | 0.09873 | +0.008% | $222K | $49K | 10x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09869 | −0.029% | $23K | — | 150x | as long as short |
| Deribit DOGE_USDC-PERPETUALshort | +0.0013% | 1h | 0.09873 | +0.008% | $590K | $118K | 25x | |
| Polymarket Perps DOGE-USD | +0.0036% | 1h | 0.09870 | −0.019% | $256K | $823K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09881 | +0.088% | $745K | $6.2M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09871 | −0.008% | $892 | $449K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09870 | −0.014% | $525K | $1.0M | 10x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
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 | 0.09895 | +0.236% | $4.5M | $48.8M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09880 | +0.083% | $321K | $482K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09877 | +0.052% | $315.3M | $1.45B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09875 | +0.032% | $159.5M | $442.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09878 | +0.062% | $110.1M | $985.0M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09930 | +0.589% | $381K | $0 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09870 | −0.019% | $241.5M | $132.7M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09875 | +0.032% | $111.2M | $233.4M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09897 | +0.255% | $65.3M | $43.4M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09871 | −0.008% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09879 | +0.073% | $310K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09868 | −0.041% | $979K | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09908 | +0.363% | $295K | $129.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09916 | +0.443% | $624K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09910 | +0.387% | $144K | $283K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09871 | −0.008% | $69K | $436K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09870 | −0.016% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09874 | +0.024% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09873 | +0.012% | $2K | $4.0M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09866 | −0.063% | $5.9M | $57.0M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09880 | +0.083% | $90.9M | $16.5M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.09890 | +0.186% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USDlong | +0.0104% | 1h | 0.09872 | long leg | $495K | $4.0M | 50x | |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09870 | −0.017% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.09879 | +0.078% | $527 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0188% | 1h | 0.09874 | +0.020% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09879 | +0.073% | $15.5M | $25.0M | 75x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.09913 | +0.416% | $64K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0246% / S −0.0269% | 1h | 0.09871 | −0.012% | $309K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0296% | 1h | 0.09875 | +0.032% | $2.3M | $26.5M | 50x | as long as short |
| Hyperliquid DOGE | +0.0308% | 1h | 0.09906 | +0.350% | $120.5M | $100.0M | 10x | as long as short |
| Arcus DOGE-USD | +0.0690% | 1h | 0.09886 | +0.144% | $117K | $189K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.09881 | +0.088% | $399K | $411K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09940 | +0.691% | $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
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
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Phoenix DOGE
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP