Funding you earn now, next payment 05:00 UTC−0.0160%/8h= −17.5% APRpaid last 24h −0.038%
Price spread now: edgeX against GMX−2.101%7-day average −0.047% · 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)−0.134%−$13 on $10k
+Price spread, last 4 days (all we have)+1.910%+$191 · spread now −2.101%, 7d avg −0.047%
=Together, before fees+1.776%+ Points / potential airdropedgeX: Active · farm board+$178 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and edgeX is 2.054% cheaper against GMX than usual: you would sell low and buy high (−$205 if the spread goes back to its 7-day average of −0.047%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DOGE/USD [ETH-USDC] | 0.1049 | L +0.0260% / S −0.0317% | pay 0.0032% / 1h | 55m 19s | $343K | — | 200x |
| Short | edgeX DOGEUSDC | 0.1027 | 0.0100 | get 0.0050% / 4h | 3h 55m | $312K | $133.1M | 20x |
GMX DOGE/USD [ETH-USDC]
edgeX DOGEUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$33.54
- Price spread: −2.101% → −0.047%
- −$205.42
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$259.96
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; edgeX: 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 edgeX live order book, 4 min ago | 3.43 bp | 7.9 bp −$8 | 8.3 bp −$83 | 15.5 bp −$1,550 | 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 | −0.0015% | 8h | 0.1047 | −0.162% | $142.9M | $304.2M | 75x | as long as short |
| dYdX DOGE-USD | 0.0000% | 1h | 0.1049 | −0.003% | $235K | $59K | 10x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S 0.0000% | 1h | 0.1050 | +0.117% | $25K | — | 150x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1052 | +0.276% | $771K | $6.3M | 15x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1048 | −0.119% | $567K | $1.0M | 10x | as long as short |
| Aster DOGEUSDT | +0.0100% | 8h | 0.1051 | +0.191% | $4.9M | $52.0M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1051 | +0.228% | $346K | $491K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1049 | +0.026% | $346.4M | $1.54B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1051 | +0.219% | $174.0M | $473.6M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1048 | −0.057% | $117.9M | $1.12B | 50x | as long as short |
Bitget DOGEUSDT
dYdX DOGE-USD
gTrade (Gains Network) DOGE/USD
Lighter DOGE
Nado DOGE-PERP
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk DOGE-USD | +0.0100% | 1h | 0.1005 | −4.205% | $386K | $859 | 10x | as long as short |
| Gate DOGE_USDT | +0.0100% | 8h | 0.1048 | −0.048% | $257.6M | $138.9M | 75x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1047 | −0.200% | $117.9M | $237.9M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1047 | −0.181% | $69.5M | $44.9M | 75x | as long as short |
| BingX DOGE-USDT | +0.0100% | 8h | 0.1051 | +0.153% | — | $78.1M | — | as long as short |
| Variational Omni DOGE | +0.0100% | 8h | 0.1049 | +0.054% | $1.1M | $8.2M | — | as long as short |
| edgeX DOGEUSDCshort | +0.0100% | 4h | 0.1027 | −2.101% | $312K | $133.1M | 20x | |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1028 | −1.953% | $651K | $4.5M | 10x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1047 | −0.162% | $268K | $883K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1049 | −0.010% | $74K | $440K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1049 | +0.007% | $26K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1050 | +0.089% | $37K | $2.2M | 30x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1057 | +0.736% | $6.3M | $60.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1053 | +0.410% | $96.8M | $17.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0103% | 8h | 0.1046 | −0.231% | $19K | $7K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1049 | −0.037% | $512K | $4.1M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1045 | −0.378% | $20K | — | 3x | as long as short |
| Katana Perps DOGE-USD | +0.0128% | 8h | 0.1050 | +0.086% | $882 | $477K | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0174% | 1h | 0.1027 | −2.088% | $149K | $293K | 25x | as long as short |
| Reya DOGERUSDPERP | +0.0191% | 1h | 0.1048 | −0.098% | $2K | — | 20x | as long as short |
| Kalshi KXDOGEPERP | +0.0200% | 8h | 0.1050 | +0.131% | $633K | $5.8M | 2.8x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1029 | −1.916% | $16.3M | $26.4M | 75x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0221% | 1h | 0.1052 | +0.257% | $342K | $1.2M | 15x | as long as short |
| Kraken Futures PF_DOGEUSD | +0.0238% | 1h | 0.1055 | +0.577% | $6.1M | $36.4M | 50x | as long as short |
| Phoenix DOGE | +0.0242% | 1h | 0.1022 | −2.544% | $66K | $292K | 10x | as long as short |
| 01 Exchange DOGEUSD | +0.0248% | 1h | 0.1049 | −0.008% | $466 | $4K | 10x | as long as short |
| GMX DOGE/USD [ETH-USDC]long | L +0.0260% / S −0.0317% | 1h | 0.1049 | long leg | $343K | — | 200x | |
| Coinbase International DOGE-PERP-INTX | +0.0304% | 1h | 0.1055 | +0.534% | $2.1M | $30.2M | 50x | as long as short |
| SoDEX DOGE-USD | +0.0395% | 1h | 0.1052 | +0.315% | $21K | $4.4M | 10x | as long as short |
| Arcus DOGE-USD | +0.0634% | 1h | 0.1049 | 0.000% | $114K | $199K | 10x | as long as short |
| Hyperliquid DOGE | +0.0651% | 1h | 0.1048 | −0.038% | $128.8M | $105.3M | 10x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | +0.0675% | 1h | 0.1049 | +0.053% | $617K | $137K | 25x | as long as short |
| RISEx DOGE/USDC | +0.0728% | 1h | 0.1049 | +0.047% | $424K | $426K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.1062% | 1h | 0.1053 | +0.391% | $6K | $242K | 12x | as long as short |
Bulk DOGE-USD
Gate DOGE_USDT
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDT
Variational Omni DOGE
GRVT DOGE_USDT_Perp
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Katana Perps DOGE-USD
ApeX Omni DOGEUSDT
Reya DOGERUSDPERP
Kalshi KXDOGEPERP
BloFin DOGE-USDT
Backpack DOGE_USDC_PERP
Kraken Futures PF_DOGEUSD
Phoenix DOGE
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
SoDEX DOGE-USD
Arcus DOGE-USD
Hyperliquid DOGE
Deribit DOGE_USDC-PERPETUAL
RISEx DOGE/USDC
Injective DOGE/USDC PERP