DOGE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.036%

Price spread now: Phoenix against gTrade (Gains Network)−0.040%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Phoenix is 0.040% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.040% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 40 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) DOGE/USD	0.09911	L +0.0001% / S 0.0000%	pay 0.0000% / 1h	12m 50s	$33K	—	150x
Short	Phoenix DOGE	0.09907	0.0081	get 0.0010% / 1h	12m 50s	$18K	$386K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against gTrade (Gains Network). Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee gTrade (Gains Network)bpFee PhoenixbpOrdersPrice spread, now −0.040%Rate

Funding earned: $16.79
Price spread: −0.040% → 0.000%: −$3.96
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$4.17
Costs to cover: 0.170%
Break-even: 8.7 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Phoenix: live order book, 15 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Phoenix live order book, 15 min ago	1.02 bp	12.3 bp −$12	43.1 bp −$431	doesn't fit	doesn't fit

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

DOGE on 43 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	−0.0096%	1h	0.09916	+0.043%	$5.4M	$40.6M	50x	as long as short
Bitget DOGEUSDT	−0.0017%	8h	0.09916	+0.046%	$140.2M	$347.4M	75x	as long as short
Kalshi KXDOGEPERP	0.0000%	8h	0.09916	+0.044%	$513K	$6.6M	2.8x	as long as short
gTrade (Gains Network) DOGE/USDlong	L +0.0001% / S 0.0000%	1h	0.09911	long leg	$33K	—	150x
Deribit DOGE_USDC-PERPETUAL	+0.0032%	1h	0.09914	+0.030%	$555K	$301K	25x	as long as short
Injective DOGE/USDC PERP	+0.0033%	1h	0.1053	+6.241%	$6K	$242K	12x	as long as short
Gate DOGE_USDT	+0.0073%	8h	0.09928	+0.167%	$251.4M	$156.3M	75x	as long as short
Phoenix DOGEshort	+0.0081%	1h	0.09907	−0.040%	$18K	$386K	10x
Lighter DOGE	+0.0096%	1h	0.09923	+0.119%	$824K	$6.8M	15x	as long as short
Katana Perps DOGE-USD	+0.0100%	8h	0.09913	+0.016%	$887	$542K	10x	as long as short

Show all 43 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado DOGE-PERP	+0.0100%	1h	0.09913	+0.016%	$513K	$1.1M	10x	as long as short
Hyperliquid DOGE	+0.0100%	1h	0.09930	+0.186%	$123.8M	$116.9M	10x	as long as short
Aster DOGEUSDT	+0.0100%	8h	0.09926	+0.149%	$5.1M	$58.7M	75x	as long as short
Pacifica DOGE	+0.0100%	1h	0.09917	+0.060%	$322K	$478K	20x	as long as short
Binance DOGEUSDT	+0.0100%	8h	0.09934	+0.231%	$327.5M	$1.70B	75x	as long as short
Bybit DOGEUSDT	+0.0100%	8h	0.09934	+0.228%	$166.8M	$520.7M	75x	as long as short
OKX DOGE-USDT-SWAP	+0.0100%	8h	0.09938	+0.268%	$115.7M	$1.18B	50x	as long as short
Arcus DOGE-USD	+0.0100%	1h	0.09920	+0.087%	$17K	$307K	10x	as long as short
Bulk DOGE-USD	+0.0100%	1h	0.09908	−0.033%	$378K	$2K	10x	as long as short
MEXC DOGE_USDT	+0.0100%	8h	0.09924	+0.127%	$115.8M	$264.8M	300x	as long as short
KuCoin DOGEUSDTM	+0.0100%	8h	0.09924	+0.127%	$65.8M	$49.2M	75x	as long as short
BingX DOGE-USDC	+0.0100%	8h	0.09923	+0.117%	—	$3.5M	—	as long as short
Backpack DOGE_USDC_PERP	+0.0100%	1h	0.09923	+0.117%	$303K	$1.3M	15x	as long as short
Variational Omni DOGE	+0.0100%	8h	0.09933	+0.218%	$1.1M	$8.3M	—	as long as short
edgeX DOGEUSDC	+0.0100%	4h	0.09929	+0.179%	$264K	$140.0M	20x	as long as short
GRVT DOGE_USDT_Perp	+0.0100%	8h	0.09925	+0.136%	$634K	$4.2M	10x	as long as short
ApeX Omni DOGEUSDT	+0.0100%	1h	0.09930	+0.187%	$142K	$348K	25x	as long as short
Polymarket Perps DOGE-USD	+0.0100%	1h	0.09915	+0.036%	$258K	$1.2M	10x	as long as short
Orderly PERP_DOGE_USDC	+0.0100%	8h	0.09911	−0.004%	$71K	$460K	50x	as long as short
SunX DOGE-USDT	+0.0100%	8h	0.09914	+0.027%	$35K	$2.2M	30x	as long as short
SoDEX DOGE-USD	+0.0100%	1h	0.09912	+0.006%	$2K	$5.5M	10x	as long as short
HTX DOGE-USDT	+0.0100%	8h	0.09923	+0.119%	$6.0M	$68.2M	75x	as long as short
Phemex DOGEUSDT	+0.0100%	8h	0.09920	+0.087%	$90.6M	$16.3M	50x	as long as short
Paradex DOGE-USD-PERP	+0.0100%	8h	0.09914	+0.028%	$18K	$5K	30x	as long as short
Extended DOGE-USD	+0.0104%	1h	0.09919	+0.076%	$481K	$4.0M	50x	as long as short
Aevo DOGE-PERP	+0.0104%	1h	0.09911	−0.001%	$19K	—	3x	as long as short
Reya DOGERUSDPERP	+0.0203%	1h	0.09904	−0.072%	$2K	—	20x	as long as short
Coinbase International DOGE-PERP-INTX	+0.0208%	1h	0.09922	+0.107%	$2.2M	$35.2M	50x	as long as short
GMX DOGE/USD [ETH-USDC]	L +0.0217% / S −0.0223%	1h	0.09912	+0.007%	$297K	—	200x	as long as short
BloFin DOGE-USDT	+0.0220%	8h	0.09915	+0.036%	$15.3M	$26.9M	75x	as long as short
01 Exchange DOGEUSD	+0.0224%	1h	0.09920	+0.090%	$457	$4K	10x	as long as short
dYdX DOGE-USD	+0.0370%	1h	0.09916	+0.047%	$233K	$72K	10x	as long as short
RISEx DOGE/USDC	+0.0717%	1h	0.09920	+0.087%	$399K	$449K	10x	as long as short