Funding you earn now, next payment 04:00 UTC−0.0146%/8h= −16.0% APRpaid last 24h −0.038%
Price spread now: Bybit against GMX−0.010%7-day average −0.045% · 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)−0.136%−$14 on $10k
+Price spread, last 4 days (all we have)−0.173%−$17 · spread now −0.010%, 7d avg −0.045%
=The price spread pays, funding is against you. Bybit is 0.034% dearer against GMX than usual: you sell high and buy low (spread −0.010% now, against its 7-day average of −0.045%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DOGE/USD [ETH-USDC] | 0.09880 | L +0.0246% / S −0.0269% | pay 0.0031% / 1h | 52m 25s | $309K | — | 200x |
| Short | Bybit DOGEUSDT | 0.09879 | 0.0100 | get 0.0100% / 8h | 4h 52m | $159.7M | $441.3M | 75x |
GMX DOGE/USD [ETH-USDC]
Bybit DOGEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$30.6
- Price spread: −0.010% → −0.045%
- $3.44
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$50.15
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bybit: live order book, 2 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 Bybit live order book, 2 min ago | 0.50 bp | 7.6 bp −$8 | 11.3 bp −$113 | 24.0 bp −$2,404 | 44.4 bp −$22.2K |
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 | −0.0063% | 8h | 0.09873 | −0.071% | $149.2M | $274.5M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0032% | 1h | 0.09920 | +0.405% | $5.7M | $35.4M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.09911 | +0.314% | $429K | $5.2M | 2.8x | as long as short |
| dYdX DOGE-USD | +0.0001% | 1h | 0.09891 | +0.108% | $222K | $49K | 10x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.09880 | −0.001% | $23K | — | 150x | as long as short |
| Polymarket Perps DOGE-USD | +0.0041% | 1h | 0.09878 | −0.015% | $252K | $812K | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0073% | 1h | 0.09925 | +0.455% | $593K | $118K | 25x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.09901 | +0.213% | $747K | $6.2M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0099% | 8h | 0.09883 | +0.030% | $893 | $446K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.09882 | +0.015% | $526K | $1.0M | 10x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
dYdX DOGE-USD
gTrade (Gains Network) DOGE/USD
Polymarket Perps DOGE-USD
Deribit DOGE_USDC-PERPETUAL
Lighter DOGE
Katana Perps DOGE-USD
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 | 0.09889 | +0.094% | $4.5M | $48.9M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.09900 | +0.198% | $321K | $482K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.09882 | +0.023% | $315.7M | $1.45B | 75x | as long as short |
| Bybit DOGEUSDTshort | +0.0100% | 8h | 0.09879 | −0.010% | $159.7M | $441.3M | 75x | |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.09880 | 0.000% | $110.3M | $984.4M | 50x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.09930 | +0.506% | $381K | $0 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.09880 | 0.000% | $241.6M | $132.7M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.09887 | +0.071% | $111.1M | $233.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.09886 | +0.061% | $65.3M | $43.4M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.09881 | +0.010% | — | $76.3M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.09918 | +0.385% | $311K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.09912 | +0.323% | $973K | $8.2M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.09913 | +0.338% | $294K | $129.0M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.09883 | +0.034% | $622K | $4.4M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.09870 | −0.101% | $143K | $282K | 25x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.09880 | 0.000% | $69K | $437K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.09878 | −0.021% | $24K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.09905 | +0.255% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.09921 | +0.415% | $47K | $3.9M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.09907 | +0.273% | $5.9M | $56.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.09920 | +0.405% | $91.2M | $16.6M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.09891 | +0.107% | $18K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.09883 | +0.029% | $495K | $4.0M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.09880 | −0.001% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0188% | 1h | 0.09886 | +0.058% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0192% | 1h | 0.09886 | +0.060% | $527 | $4K | 10x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.09921 | +0.415% | $15.6M | $25.1M | 75x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.09913 | +0.333% | $64K | $288K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC]long | L +0.0246% / S −0.0269% | 1h | 0.09880 | long leg | $309K | — | 200x | |
| Coinbase International DOGE-PERP-INTX | +0.0296% | 1h | 0.09929 | +0.496% | $2.3M | $26.6M | 50x | as long as short |
| Hyperliquid DOGE | +0.0304% | 1h | 0.09894 | +0.141% | $120.5M | $99.8M | 10x | as long as short |
| Arcus DOGE-USD | +0.0690% | 1h | 0.09894 | +0.142% | $117K | $189K | 10x | as long as short |
| RISEx DOGE/USDC | +0.0695% | 1h | 0.09888 | +0.081% | $399K | $411K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1004% | 1h | 0.09940 | +0.607% | $5K | $239K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
OKX DOGE-USDT-SWAP
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
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
Reya DOGERUSDPERP
01 Exchange DOGEUSD
BloFin DOGE-USDT
Phoenix DOGE
Coinbase International DOGE-PERP-INTX
Hyperliquid DOGE
Arcus DOGE-USD
RISEx DOGE/USDC
Injective DOGE/USDC PERP