Funding you earn now, next payment 01:00 UTC−0.0147%/8h= −16.1% APRpaid last 24h −0.038%
Price spread now: BingX against GMX−0.188%7-day average −0.070% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.124%−$12 on $10k
+Price spread, last 3 days (all we have)+0.121%+$12 · spread now −0.188%, 7d avg −0.070%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BingX is 0.118% cheaper against GMX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.070%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DOGE/USD [ETH-USDC] | 0.1016 | L +0.0247% / S −0.0272% | pay 0.0031% / 1h | 13m 28s | $319K | — | 200x |
| Short | BingX DOGE-USDC | 0.1014 | 0.0100 | get 0.0100% / 8h | 7h 13m | — | $3.4M | — |
GMX DOGE/USD [ETH-USDC]
BingX DOGE-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against GMX. 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
- −$30.95
- Price spread: −0.188% → −0.070%
- −$11.81
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$64.76
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BingX: live order book, 7 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 GMX no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 7 min ago | 1.49 bp | 10.9 bp −$11 | 16.0 bp −$160 | 36.3 bp −$3,631 | 114.4 bp −$57.2K |
GMX: 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 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 | −0.0170% | 8h | 0.1011 | −0.503% | $153.6M | $271.5M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0076% | 1h | 0.1016 | +0.037% | $6.1M | $33.8M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1017 | +0.095% | $408K | $4.8M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1016 | +0.020% | $611K | $120K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1015 | −0.023% | $25K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0012% | 1h | 0.1013 | −0.223% | $228K | $44K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1014 | −0.126% | $801K | $5.9M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1012 | −0.395% | $845 | $419K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1012 | −0.350% | $518K | $973K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1014 | −0.170% | $5.1M | $46.6M | 75x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERP
Aster DOGEUSDTShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica DOGE | +0.0100% | 1h | 0.1014 | −0.157% | $338K | $511K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1012 | −0.376% | $322.0M | $1.40B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1012 | −0.375% | $161.2M | $438.9M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1012 | −0.365% | $111.9M | $976.4M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1013 | −0.306% | $28K | $74K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1003 | −1.233% | $384K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1013 | −0.218% | $246.2M | $130.8M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1013 | −0.218% | $113.8M | $225.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1013 | −0.237% | $66.5M | $42.5M | 75x | as long as short |
| BingX DOGE-USDCshort | +0.0100% | 8h | 0.1014 | −0.188% | — | $3.4M | — | |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1017 | +0.088% | $369K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1010 | −0.523% | $994K | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1014 | −0.183% | $271K | $125.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1015 | −0.109% | $639K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1015 | −0.070% | $149K | $270K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1011 | −0.444% | $269K | $634K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1016 | +0.009% | $74K | $426K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1016 | −0.011% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1016 | +0.044% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1016 | +0.009% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1016 | +0.025% | $6.1M | $52.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1016 | +0.058% | $93.8M | $17.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1013 | −0.230% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1013 | −0.303% | $534K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1016 | −0.002% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0176% | 1h | 0.1011 | −0.416% | $534 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0182% | 1h | 0.1011 | −0.426% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1014 | −0.168% | $15.5M | $25.8M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1016 | +0.038% | $2.0M | $25.3M | 50x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1011 | −0.458% | $66K | $283K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC]long | L +0.0247% / S −0.0272% | 1h | 0.1016 | long leg | $319K | — | 200x | |
| RISEx DOGE/USDC | +0.0701% | 1h | 0.1012 | −0.355% | $327K | $404K | 10x | as long as short |
| Hyperliquid DOGE | +0.0800% | 1h | 0.1015 | −0.070% | $123.8M | $95.6M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0973% | 1h | 0.1018 | +0.225% | $5K | $239K | 12x | as long as short |
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
Backpack DOGE_USDC_PERP
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
Extended DOGE-USD
Aevo DOGE-PERP
01 Exchange DOGEUSD
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
Phoenix DOGE
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP