Funding you earn now, next payment 08:00 UTC−0.0277%/8h= −30.3% APRnext payment −$0.35 per $10,000 · paid last 24h −0.041%
Price spread now: Bulk against GMX+0.290%46s7-day average −0.015% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.138%−$14 on $10k
+Price spread, last 4 days (all we have)−0.304%−$30 · spread now +0.290%, 7d avg −0.015%
=The price spread pays, funding is against you. Bulk is 0.306% dearer against GMX than usual: you sell high and buy low (spread +0.290% now, against its 7-day average of −0.015%): +$31 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 3.7 days. At the pace of the last 3 days (−0.138% in total) that is about 7.8 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DOGE/USD [ETH-USDC] | 0.09881 | L +0.0377% / S −0.0750% | pay 0.0047% / 1h | 1m 43s | $615K | — | 200x |
| Short | Bulk DOGE-USD | 0.09910 | 0.0100 | get 0.0013% / 1h | 1m 43s | $378K | $16K | 10x |
GMX DOGE/USD [ETH-USDC]
Bulk DOGE-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk 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
- −$58.08
- Price spread: +0.290% → −0.015%
- $30.56
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$46.53
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Bulk: live order book, 37 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 Bulk live order book, 37 min ago | 5.03 bp | 8.5 bp −$9 | 9.0 bp −$90 | 19.7 bp −$1,967 | 36.1 bp −$18.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DOGEUSD | −0.0061% | 1h | 0.09888 | +0.071% | $5.5M | $40.8M | 50x | as long as short |
| Bitget DOGEUSDT | −0.0004% | 8h | 0.09870 | −0.114% | $140.0M | $347.9M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09891 | +0.098% | $579K | $6.6M | 2.8x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09883 | +0.012% | $35K | — | 150x | as long as short |
| Injective DOGE/USDC PERP | +0.0033% | 1h | 0.1053 | +6.565% | $6K | $242K | 12x | as long as short |
| Polymarket Perps DOGE-USD | +0.0034% | 1h | 0.09886 | +0.046% | $257K | $1.2M | 10x | as long as short |
| dYdX DOGE-USD | +0.0037% | 1h | 0.09876 | −0.054% | $222K | $63K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09887 | +0.062% | $825K | $6.9M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09885 | +0.032% | $535K | $1.1M | 10x | as long as short |
| Hyperliquid DOGE | +0.0100% | 1h | 0.09887 | +0.055% | $123.2M | $117.1M | 10x | as long as short |
Kraken Futures PF_DOGEUSD
Bitget DOGEUSDT
Kalshi KXDOGEPERP
gTrade (Gains Network) DOGE/USD
Injective DOGE/USDC PERP
Polymarket Perps DOGE-USD
dYdX DOGE-USD
Lighter DOGE
Nado DOGE-PERP
Hyperliquid DOGEShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.09879 | −0.024% | $4.9M | $59.6M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09880 | −0.014% | $321K | $507K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09879 | −0.023% | $326.6M | $1.72B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.09874 | −0.074% | $163.2M | $525.5M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09878 | −0.033% | $114.8M | $1.20B | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.09880 | −0.013% | $16K | $306K | 10x | as long as short |
| Bulk DOGE-USDshort | +0.0100% | 1h | 0.09910 | +0.290% | $378K | $16K | 10x | |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09872 | −0.094% | $248.8M | $159.2M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09879 | −0.023% | $116.3M | $259.7M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09880 | −0.013% | $66.2M | $49.9M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.09881 | −0.003% | — | $3.5M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09882 | +0.007% | $301K | $1.3M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09890 | +0.090% | $1.0M | $8.6M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09904 | +0.233% | $300K | $139.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09904 | +0.231% | $627K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09910 | +0.290% | $142K | $346K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09886 | +0.048% | $70K | $478K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09879 | −0.019% | $18K | $7K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09892 | +0.108% | $35K | $2.3M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09887 | +0.058% | $2K | $5.5M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09887 | +0.059% | $5.8M | $69.1M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09886 | +0.048% | $90.4M | $16.7M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.09875 | −0.067% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09873 | −0.088% | $485K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09887 | +0.058% | $19K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0106% | 8h | 0.09887 | +0.058% | $1K | $543K | 10x | as long as short |
| Phoenix DOGE | +0.0160% | 1h | 0.09904 | +0.230% | $18K | $382K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0175% | 1h | 0.09890 | +0.088% | $568K | $263K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0201% | 1h | 0.09883 | +0.018% | $2K | — | 20x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.09896 | +0.149% | $1.9M | $35.0M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09893 | +0.118% | $15.4M | $26.8M | 75x | as long as short |
| 01 Exchange DOGEUSD | +0.0240% | 1h | 0.09897 | +0.159% | $440 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC]long | L +0.0377% / S −0.0750% | 1h | 0.09881 | long leg | $615K | — | 200x | |
| RISEx DOGE/USDC | +0.0731% | 1h | 0.09887 | +0.057% | $398K | $455K | 10x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus 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
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
Phoenix DOGE
Deribit DOGE_USDC-PERPETUAL
Reya DOGERUSDPERP
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
01 Exchange DOGEUSD
RISEx DOGE/USDC