Funding you earn now, next payment 01:00 UTC−0.0247%/8h= −27.1% APRnext payment −$0.31 per $10,000 · paid last 24h −0.070%
Price spread now: Deribit against GMX+0.059%7-day average −0.021% · 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)−0.220%−$22 on $10k
+Price spread, last 3 days (all we have)−0.081%−$8 · spread now +0.059%, 7d avg −0.021%
=The price spread pays, funding is against you. Deribit is 0.080% dearer against GMX than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of −0.021%): +$8 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DOGE/USD [ETH-USDC] | 0.1009 | L +0.0247% / S −0.0271% | pay 0.0031% / 1h | 10m 39s | $318K | — | 200x |
| Short | Deribit DOGE_USDC-PERPETUAL | 0.1009 | 0 | get 0.0000% / 1h | 10m 39s | $607K | $119K | 25x |
GMX DOGE/USD [ETH-USDC]
Deribit DOGE_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$51.89
- Price spread: +0.059% → −0.021%
- $8.02
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$62.87
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Deribit: live order book, 63 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 Deribit live order book, 63 min ago | 3.53 bp | 9.4 bp −$9 | 37.2 bp −$372 | doesn't fit | doesn't fit |
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 | −0.0168% | 8h | 0.1011 | +0.208% | $153.5M | $271.4M | 75x | as long as short |
| Kraken Futures PF_DOGEUSD | −0.0077% | 1h | 0.1009 | +0.014% | $6.1M | $33.9M | 50x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1010 | +0.129% | $416K | $4.9M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUALshort | 0.0000% | 1h | 0.1009 | +0.059% | $607K | $119K | 25x | |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1009 | +0.028% | $23K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0011% | 1h | 0.1013 | +0.380% | $227K | $44K | 10x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1013 | +0.449% | $800K | $5.9M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0100% | 8h | 0.1012 | +0.278% | $845 | $421K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1011 | +0.203% | $518K | $972K | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1011 | +0.276% | $5.1M | $46.6M | 75x | as long as short |
Bitget DOGEUSDT
Kraken Futures PF_DOGEUSD
Kalshi KXDOGEPERP
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 | 0.1012 | +0.369% | $337K | $511K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1012 | +0.370% | $322.0M | $1.40B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1013 | +0.387% | $161.4M | $439.2M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1012 | +0.287% | $111.7M | $975.7M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1012 | +0.357% | $28K | $74K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1003 | −0.546% | $384K | $5K | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1011 | +0.258% | $246.0M | $131.2M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1012 | +0.287% | $113.5M | $226.1M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1012 | +0.317% | $66.3M | $42.4M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1011 | +0.238% | — | $3.4M | — | as long as short |
| Backpack DOGE_USDC_PERP | +0.0100% | 1h | 0.1009 | +0.079% | $366K | $1.1M | 15x | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1009 | +0.018% | $996K | $8.1M | — | as long as short |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1014 | +0.511% | $271K | $125.1M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1012 | +0.297% | $644K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1015 | +0.625% | $149K | $270K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1010 | +0.139% | $268K | $633K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1009 | +0.030% | $74K | $426K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1009 | −0.012% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1009 | +0.056% | $35K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1009 | +0.020% | $2K | $3.8M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1009 | +0.057% | $6.0M | $52.8M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1009 | +0.059% | $93.1M | $17.9M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0100% | 8h | 0.1012 | +0.313% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1011 | +0.260% | $534K | $3.9M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1009 | +0.034% | $19K | — | 3x | as long as short |
| 01 Exchange DOGEUSD | +0.0176% | 1h | 0.1011 | +0.179% | $534 | $4K | 10x | as long as short |
| Reya DOGERUSDPERP | +0.0182% | 1h | 0.1010 | +0.162% | $2K | — | 20x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1009 | +0.069% | $15.4M | $25.7M | 75x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0240% | 1h | 0.1009 | +0.079% | $2.0M | $25.2M | 50x | as long as short |
| Phoenix DOGE | +0.0240% | 1h | 0.1010 | +0.142% | $66K | $283K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC]long | L +0.0247% / S −0.0271% | 1h | 0.1009 | long leg | $318K | — | 200x | |
| RISEx DOGE/USDC | +0.0701% | 1h | 0.1012 | +0.361% | $327K | $404K | 10x | as long as short |
| Hyperliquid DOGE | +0.0779% | 1h | 0.1013 | +0.436% | $123.6M | $95.7M | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0973% | 1h | 0.1013 | +0.426% | $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
BingX DOGE-USDC
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