Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.004%
Price spread now: Phemex against Extended−0.015%7-day average +0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$270.273% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.015%, 7d avg +0.058%
=Together, before fees+0.017%+ Points / potential airdropExtended: Active · farm board+$2 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 0.073% cheaper against Extended than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.058%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended DOGE-USD | 0.09926 | 0.0104 | pay 0.0013% / 1h | 18m 01s | $482K | $4.1M | 50x |
| Short | Phemex DOGEUSDT | 0.09925 | 0.0100 | get 0.0100% / 8h | 2h 18m | $91.2M | $17.1M | 50x |
Extended DOGE-USD
Phemex DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$0.84
- Price spread: −0.015% → +0.058%
- −$7.29
- Slippage, 4 orders
- −$10.28
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$35.41
- Costs to cover
- 0.273%
- Break-even
- never at this rate
Slippage from Extended: live order book, 6 min ago; Phemex: live order book, 6 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, 6 min ago | 1.01 bp | 3.5 bp −$4 | 4.2 bp −$42 | 10.9 bp −$1,089 | doesn't fit |
| Sell Phemex live order book, 6 min ago | 0.51 bp | 9.5 bp −$9 | 17.9 bp −$179 | 34.5 bp −$3,455 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09933 | +0.063% | $596K | $6.5M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09928 | +0.020% | $34K | — | 150x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0002% | 1h | 0.09930 | +0.039% | $5.6M | $39.9M | 50x | as long as short |
| dYdX DOGE-USD | +0.0033% | 1h | 0.09922 | −0.044% | $223K | $70K | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0038% | 1h | 0.09923 | −0.034% | $267K | $1.2M | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09939 | +0.122% | $847K | $6.8M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09917 | −0.090% | $538K | $1.1M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.09920 | −0.068% | $4.4M | $57.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09924 | −0.025% | $318K | $514K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09920 | −0.068% | $324.2M | $1.68B | 75x | as long as short |
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Kraken Futures PF_DOGEUSD
dYdX DOGE-USD
Polymarket Perps DOGE-USD
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09916 | −0.105% | $163.2M | $517.3M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09919 | −0.075% | $116.2M | $1.17B | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09881 | −0.462% | $379K | $16K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09920 | −0.065% | $248.1M | $153.3M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09924 | −0.025% | $110.0M | $255.3M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09926 | −0.005% | $65.9M | $49.6M | 75x | as long as short |
| Bitget DOGEUSDT | +0.0100% | 8h | 0.09909 | −0.176% | $140.0M | $339.3M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09923 | −0.035% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09924 | −0.025% | $298K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09900 | −0.269% | $1.0M | $8.7M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09913 | −0.134% | $320K | $139.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09872 | −0.545% | $627K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09880 | −0.468% | $146K | $341K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09930 | +0.036% | $63K | $469K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09930 | +0.032% | $19K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09934 | +0.074% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09930 | +0.036% | $2K | $5.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09928 | +0.017% | $5.9M | $68.1M | 75x | as long as short |
| Phemex DOGEUSDTshort | +0.0100% | 8h | 0.09925 | −0.015% | $91.2M | $17.1M | 50x | |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09920 | −0.061% | $18K | $5K | 30x | as long as short |
| Hyperliquid DOGE | +0.0104% | 1h | 0.09930 | +0.039% | $123.1M | $115.7M | 10x | as long as short |
| Extended DOGE-USDlong | +0.0104% | 1h | 0.09926 | long leg | $482K | $4.1M | 50x | |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09939 | +0.123% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0111% | 8h | 0.09923 | −0.035% | $829 | $527K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0195% | 1h | 0.09928 | +0.014% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0200% | 1h | 0.09929 | +0.027% | $442 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09930 | +0.036% | $15.9M | $26.8M | 75x | as long as short |
| Arcus DOGE-USD | +0.0231% | 1h | 0.09928 | +0.015% | $27K | $299K | 10x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.09916 | −0.106% | $18K | $382K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0243% | 1h | 0.09935 | +0.085% | $564K | $247K | 25x | as long as short |
| GMX DOGE/USD [ETH-USDC] | L +0.0250% / S −0.0288% | 1h | 0.09928 | +0.013% | $315K | — | 200x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.09930 | +0.036% | $1.9M | $34.1M | 50x | as long as short |
| RISEx DOGE/USDC | +0.0686% | 1h | 0.09928 | +0.020% | $400K | $444K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1217% | 1h | 0.1053 | +6.080% | $6K | $242K | 12x | as long as short |
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
Bitget DOGEUSDT
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
Paradex DOGE-USD-PERP
Hyperliquid DOGE
Aevo DOGE-PERP
Katana Perps DOGE-USD
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Arcus DOGE-USD
Phoenix DOGE
Deribit DOGE_USDC-PERPETUAL
GMX DOGE/USD [ETH-USDC]
Coinbase International DOGE-PERP-INTX
RISEx DOGE/USDC
Injective DOGE/USDC PERP