Funding you earn now, next payment 22:00 UTC−0.0521%/8h= −57.0% APRpaid last 24h −0.038%
Price spread now: Bitget against GMX−0.193%7-day average −0.062% · 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)−0.128%−$13 on $10k
+Price spread, last 3 days (all we have)−0.013%−$1 · spread now −0.193%, 7d avg −0.062%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Bitget is 0.131% cheaper against GMX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.062%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.128% in total (about -15.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DOGE/USD [ETH-USDC] | 0.09887 | L +0.0243% / S −0.0263% | pay 0.0030% / 1h | 49m 45s | $305K | — | 200x |
| Short | Bitget DOGEUSDT | 0.09868 | −0.0278 | pay 0.0278% / 8h | 2h 49m | $151.4M | $259.5M | 75x |
GMX DOGE/USD [ETH-USDC]
Bitget DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$109.35
- Price spread: −0.193% → −0.062%
- −$13.15
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$146.5
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 4 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 Bitget live order book, 4 min ago | 0.50 bp | 8.9 bp −$9 | 10.0 bp −$100 | 20.4 bp −$2,041 | 68.1 bp −$34.1K |
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 DOGEUSDTshort | −0.0278% | 8h | 0.09868 | −0.193% | $151.4M | $259.5M | 75x | |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09889 | +0.015% | $337K | $4.2M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.09894 | +0.070% | $618K | $88K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.09888 | +0.008% | $32K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0058% | 1h | 0.09882 | −0.057% | $222K | $44K | 10x | as long as short |
| Gate DOGE_USDT | +0.0061% | 8h | 0.09873 | −0.143% | $234.8M | $118.2M | 75x | as long as short |
| Phoenix DOGE | +0.0080% | 1h | 0.09967 | +0.806% | $15K | $225K | 10x | as long as short |
| Katana Perps DOGE-USD | +0.0095% | 8h | 0.09878 | −0.092% | $2K | $335K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09885 | −0.019% | $796K | $5.0M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09889 | +0.019% | $628K | $694K | 10x | as long as short |
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Gate DOGE_USDT
Phoenix DOGE
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 | 0.09892 | +0.050% | $4.8M | $40.2M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09883 | −0.041% | $337K | $503K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09882 | −0.052% | $316.9M | $1.25B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09875 | −0.122% | $154.1M | $393.8M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09877 | −0.102% | $107.6M | $882.3M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09887 | −0.001% | $28K | $75K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09895 | +0.080% | $379K | $19K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09879 | −0.082% | $111.4M | $203.3M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09879 | −0.082% | $65.2M | $38.7M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09878 | −0.092% | — | $73.1M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09879 | −0.086% | $1.1M | $7.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09950 | +0.639% | $264K | $110.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09992 | +1.065% | $631K | $4.7M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09950 | +0.636% | $142K | $222K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.09893 | +0.061% | $275K | $546K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09889 | +0.019% | $72K | $363K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09888 | +0.008% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09894 | +0.073% | $35K | $2.1M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09889 | +0.019% | $2K | $3.3M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09896 | +0.095% | $6.0M | $46.2M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09889 | +0.019% | $91.8M | $18.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09878 | −0.094% | $19K | $3K | 30x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0102% | 1h | 0.09894 | +0.070% | $526K | $857K | 15x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09877 | −0.100% | $540K | $3.5M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09890 | +0.030% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0173% | 1h | 0.09891 | +0.041% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09882 | −0.052% | $15.3M | $23.6M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0224% | 1h | 0.09893 | +0.060% | $2.0M | $22.1M | 50x | as long as short |
| GMX DOGE/USD [ETH-USDC]long | L +0.0243% / S −0.0263% | 1h | 0.09887 | long leg | $305K | — | 200x | |
| Kraken Futures PF_DOGEUSD | +0.0289% | 1h | 0.09890 | +0.032% | $6.8M | $30.3M | 50x | as long as short |
| 01 Exchange DOGEUSD | +0.0432% | 1h | 0.09885 | −0.017% | $522 | $4K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0536% | 1h | 0.09886 | −0.006% | $311K | $469K | 10x | as long as short |
| Hyperliquid DOGE | +0.0571% | 1h | 0.09899 | +0.120% | $111.4M | $76.9M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1013% | 1h | 0.09930 | +0.434% | $5K | $153K | 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-USDT
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
Backpack DOGE_USDC_PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
BloFin DOGE-USDT
Coinbase International DOGE-PERP-INTX
Kraken Futures PF_DOGEUSD
01 Exchange DOGEUSD
RISEx DOGE/USDC
Hyperliquid DOGE
Injective DOGE/USDC PERP